Transfer learning

Global Composite AI Market Report 2023: Growing Intricacy of AI Applications for Better Performance and Accuracy Drives Growth

Retrieved on: 
Tuesday, June 13, 2023

Composite AI leverages this data to gain insights, make predictions, and deliver personalized experiences.

Key Points: 
  • Composite AI leverages this data to gain insights, make predictions, and deliver personalized experiences.
  • The growing availability of data fuels the development and adoption of Composite AI solutions.
  • The global composite AI market is segmented based on offering hardware, software, and services.
  • The increasing adoption of advanced technologies, such as AI, big data analytics, and cloud computing, has fueled the demand for composite AI solutions.

New Open Geospatial Consortium member, Rendered.ai, mentioned as a tech innovator in video and image synthetic data

Retrieved on: 
Thursday, May 18, 2023

SEATTLE, May 18, 2023 /PRNewswire-PRWeb/ -- Rendered.ai, the leading platform provider for synthetic data for AI training and validation, is pleased to have been recognized by Gartner®  as one of the tech innovators in the 2023 Emerging Tech: Tech Innovators in Synthetic Data for Image and Video Data — Strategic Technology Vision report.

Key Points: 
  • The company, providing a platform for physics-based synthetic data generation, has been identified by Gartner as one of the tech innovators in video and image synthetic data with respect to strategic technology vision.
  • Rendered.ai also recently joined the Open Geospatial Consortium and will be giving featured talks at upcoming USGIF and OGC events.
  • Synthetic data has emerged as a critical tool for overcoming gaps, bias, and privacy issues with real- to train and validate AI systems.
  • *Gartner, "Emerging Tech: Tech Innovators in Synthetic Data for Image and Video Data — Strategic Technology Vision", February 17, 2023.

WeBank Recognized as "Best Global Digital-Only Bank" by The Asian Banker

Retrieved on: 
Thursday, April 6, 2023

In addition, WeBank received two awards, namely "Best Digital-Only Bank in Asia Pacific" and "Best Chatbot/Voice Banking Service".

Key Points: 
  • In addition, WeBank received two awards, namely "Best Digital-Only Bank in Asia Pacific" and "Best Chatbot/Voice Banking Service".
  • Sponsored by The Asian Banker, the leading provider of strategic intelligence and community platforms in the financial services industry, the TAB (The Asian Banker) Global Excellence in Retail Financial Services Awards 2023 were presented at the recent Excellence in Retail Financial Services Convention 2023 in Hanoi, Vietnam.
  • As a world-leading digital bank and China's pioneer digital bank, WeBank has always leveraged technology to drive business growth.
  • The winners of the awards are determined by international researchers and advisors of the Asian Banker based on their evaluations, investigations, and interviews.

GOST® Performance Milestone Finally Makes Perpetual KYC Possible for Enterprise Businesses and Financial Institutions

Retrieved on: 
Tuesday, February 14, 2023

"The challenge we accepted over the last two years was one of scale; GOST has out-performed every incumbent in the market for adverse media screening as measured in effectiveness and efficiency, has done so in utility-like fashion with privacy-preserving uses of Transfer Learning. But we lacked the scale to deploy at the largest institutions," said Giant Oak founder and CEO, Gary M. Shiffman. "With fantastic strategic partners and customers, as of today GOST is enabling one person to screen ten million customers every day -- a truly historic milestone certain to impact the market."

Key Points: 
  • But we lacked the scale to deploy at the largest institutions," said Giant Oak founder and CEO, Gary M. Shiffman.
  • This expanded capability enables financial institutions and FinTechs of any size to immediately respond to the U.S. Treasury Department's FinCEN AML/CFT Priorities.
  • I am now sure that, regardless of size, GOST will identify previously unknown risks to financial institutions and threats to the public we all serve.
  • It will begin to drive decision-making confidence and trust at other institutions that it is okay to take similar journeys, and in fact, they must.