The FinTech subsidiary of a major Chinese insurance and financial services company has developed an AI system that can read text almost as well as a human can, according to recent test results. The AI system, GammaLab, was developed by OneConnect, a subsidiary of Ping An Insurance. The test in question, meanwhile, is the Stanford…
Sensory, Inc. closed out 2017 as the provider of one of the world’s most sophisticated biometrics platforms for mobile devices. Having demoed a virtual bank teller AI assistant that uses facial and voice recognition to identify the user at the FinovateFall event, the company saw its technology integrated into a major new smartphone from LG,…
Nuance Communications has announced a new AI research center that will focus on smart and autonomous car technologies. Dubbed the Design, Research, Innovation and Vehicle Experience Lab, or the DRIVE Lab, it will be based in the German Research Center for Artificial Intelligence (“DFKI”) in Saarbrücken. Work at the new lab will complement research in DRIVE…
“Together, the council members discussed a draft model framework on the responsible use of AI published by Singapore’s Personal Data Protection Commission earlier this year…” Singapore’s Advisory Council on the Ethical Use of Artificial Intelligence and Data has just convened its inaugural meeting. The group includes representatives from some high-profile global companies, including Google’s Asia…
“In addition to other applications, Qualcomm’s new AI investment fund could help to shore up the company’s capabilities in biometric identification and authentication.” Qualcomm has announced a new $100 million investment fund. Aptly called the Qualcomm Ventures AI Fund, it’s kicking off with a series-A investment in AnyVision, an Israel-based computer vision specialist that previously…
“…the number of candidates nominated for this year’s REGTECH100 had nearly doubled over last year, reaching 824 – a sign of the vitality of this market area in the wake of major new regulations such as the European Union’s GDPR and PSD2 rules.” The industry accolades continue for Jumio, with the company making the REGTECH100…
“The Cognitive Authentication platform powers a specific Single Sign-On solution called “It’sMe”, which is designed to operate across mobile devices, web browsers, and enterprise applications.” Portland-based authentication startup Acceptto has officially launched, announcing its new Cognitive Authentication platform. The company says that its platform is based on machine learning, and that it’s designed to replace…
An autonomous driving specialist is going to use Amazon Web Services to power its machine learning-driven computer vision platform. Based in Israel, Mobileye is a subsidiary of Intel with a team of over 450 engineers. The company is working toward technology that can power fully autonomous vehicles, and has chosen AWS as its “preferred public…
Samsung’s Bixby virtual assistant will soon be able to buy and sell stocks via voice command. The functionality is currently being developed by DeepSearch, a Korea-based data analytics service whose platform is designed to deliver important information about publicly traded companies to end users. Accordingly, as the Korea Herald reports, the new Bixby capability will…
Amazon is seeking to get its Alexa virtual assistant into more third party devices with the announcement that it has now opened up the SDK for its Alexa Mobile Accessory Kit. The development platform was first announced near the start of the year, when it was available for select headphone devices from Bose, Jabra, and…
“The platform offers detailed statistical output to track results as a given computer vision model performs, helping end users to tweak and refine their systems; and Neurotechnology also offers expert consultation to assist with users’ projects.” Biometrics software expert Neurotechnology has announced a new image recognition platform. Called SentiSight.ai, the platform is designed for a…
A newly-surfaced patent application suggests that Apple is trying to extend Siri’s working hours to times when a user’s iPhone is offline. As AppleInsider reports, the patent filing, entitled “OFFLINE PERSONAL ASSISTANT”, describes how Siri queries could be performed on a given device (ie. an iPhone or iPad), rather than automatically outsourced to external servers…
It has been another remarkable year for the biometrics industry, with a lot of activity across a wide range of sectors. Apple, which spearheaded the mobile biometrics revolution with its launch of Touch ID five years ago, went ahead and confirmed its shift to 3D facial recognition with the launch of three new iPhones featuring…
Samsung’s big new announcements at this week’s Samsung Developer Conference show that the company is still focused on building up its Bixby artificial intelligence platform and its presence in the Smart Home and Internet of Things. One of the major announcements is Samsung’s Bixby Developer Studio, a collection of tools for developers to help them…
NXP Semiconductors is intensifying its efforts in the emerging industrial Internet of Things (IIoT) market. The company has announced the launch of an ‘Industrial Competency Center’, or ICC, based in a laboratory in Hamburg. The ICC will focus on research and development concerning machine learning applications. In a statement announcing its launch, ICC director Sylvain…
Silicon Valley-based noHold has now launched its own voice-based virtual assistant on its SICURA platform. Called SICURA Voice, the solution is able to respond to multiple different users and is designed to offer natural speech recognition. It supports 13 languages, and is aimed at the enterprise sector, allowing client companies to create their own custom…
“MSU added that CANVAS vehicles will also leverage biometric technology ‘for passenger identification, theft protection and owner personalization.’” Michigan State University is seeking to pioneer the use of advanced new automotive technologies on its 5,200-acre campus. Calling it the “Connected and Autonomous Networked Vehicles for Active Safety”, or “CANVAS”, initiative, MSU is taking advantage of various…
“…it’s using the front-facing camera system to enable 3D facial recognition in an authentication system that may be able to compete with Apple’s Face ID in terms of technological sophistication.” Huawei’s Honor smartphone brand has become the latest to make a big bet on artificial intelligence with its newest smartphone. Dubbed the Honor Magic2, the…
This year’s Money20/20 is about to get underway, and FindBiometrics is planning to help deliver some big insights for attendees, with President and CEO Peter O’Neill to moderate two high-profile panels during the event. The first, entitled “AI & Biometrics Superheroes, Fighting Fraud Together“, will delve into the increasingly important role of artificial intelligence in…
