“Emerging markets in Asia, in particular, have recently seen a spike of 60% increase in contactless payments, with an eightfold growth in paperless B2B payment flows. McKinsey says this physical-to-digital shift is set to accelerate even more this year. And FSI organizations need to ride the wave, or risk being left behind. Fundamentally, I see…
Tag: Microsoft
Microsoft in Talks to Buy AI Firm Nuance Communications
“Microsoft Corp. is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc., according to people familiar with the matter. ‘This can really help Microsoft accelerate the digitization of the health-care industry, which has lagged other sectors such as retail and banking,’ said Anurag Rana, a Bloomberg Intelligence senior analyst. ‘The…
Cleareye.ai Collaborates with Microsoft for AI Platform
“While providing both on-premises and private cloud deployments, Cleareye.ai utilizes Azure services to help secure its customer data, simplify the PPP process and differentiate the customer experience. Azure Cognitive Services and its Computer Vision OCR powers the solution’s ability to manage risk and regulatory compliance, and optimize financial crime prevention. With Microsoft as its technology…
India will be one of world’s AI superpowers, says Microsoft’s Brad Smith
“Smith said Microsoft is focusing on six strategies to ensure responsible AI – to ensure AI is fair and unbiased; secure and safe; protects people’s privacy; inclusive; transparent; and accountable. “These issues around facial recognition go to the heart of democratic freedoms, and it will be the world’s great democracies that need to lead the…
China Tightens AI Export Restrictions
“Microsoft Corp., Walmart Inc. and Oracle Corp. have all expressed interest in the breakout app, the success of which rests on addictive video feeds powered by ByteDance’s AI-driven content-recommendation engine. China announced new restrictions on artificial-intelligence technology exports that could further complicate the sale of TikTok’s U.S. operations, while intensifying the tech battle between the…