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A Company Applies Artificial Intelligence and Machine Learning to Simplify Expense Auditing

"Planned to launch in the third quarter of 2021, Verify can evaluate 100% of a company’s expense reports and identifies anomalies, allowing company auditors to focus only on potential problems, increasing efficiency and allowing them to take steps to correct out-of-policy behaviors." The pandemic has brought about significant changes in employee spend and expense behavior.…

Governance, Risk & ComplianceJuly 6, 2022

AI predicts how patients with viral infection will fare

"A team of researchers has used an Artificial Intelligence (AI) algorithm to sift through terabytes of gene expression data to look for shared patterns in patients with past pandemic viral infections, including SARS, MERS and swine flu." A team of researchers has used an Artificial Intelligence (AI) algorithm to sift through terabytes of gene expression…

Healthcare and Well-BeingJuly 6, 2022

India sees surge in AI-enabled automated customer service agents

"Automated customer service agents became the top Artificial Intelligence (AI) use case for the Indian organisations in 2020 as the Covid-19 pandemic kept millions at home and face-to-face interactions diminished across industries, according to a new report." Automated customer service agents became the top Artificial Intelligence (AI) use case for the Indian organisations in 2020…

Market InsightsJuly 6, 2022

Artificial Intelligence in Healthcare: Intel’s AI tool screens patients for vision loss

"In a country such as India that has a low doctor-patient ratio, Artificial Intelligence (AI) can enable greater access to expert care from anywhere, with telehealth and robotics applied across inpatient and outpatient environments...Intel has been focusing its efforts towards accelerating AI innovation to deliver transformative healthcare solutions and democratise healthcare access and delivery in…

Healthcare and Well-BeingJuly 6, 2022

Facebook Strengthens AI To Improve Detection Effect Of Harassment And Hate Speech

"Facebook updated its Community Standards Implementation Report. The latter showed the effectiveness of Facebook’s battle against harassment and hate speech in the fourth quarter of 2020. The penetration rate of hate speech dropped from 0.10-0.11% to 0.07-0.08%. This means that, for every 10,000 content views, there will be only 7 to 8 hate speeches. Violent…

Security and SurveillanceJuly 6, 2022

Facial Recognition Tech Banned for Cops

“THE LOS ANGELES Police Department (LAPD) banned the use of commercial facial recognition apps in November after BuzzFeedNews reported that more than 25 LAPD employees had performed nearly 475 searches using controversial technology developed by the company Clearview Al.” Such incident, another growing public concern relating to police surveillance using facial recognition. “THE LOS ANGELES…

Security and SurveillanceJuly 6, 2022

Scientists seek to Combating Climate Change using AI and Historical Ocean Data

"A dozen scientists from Tara Océan have sailed off the coast of Lorient, France bound for national soil under the the mission "Microbiome-Ceodos” to collect ocean data. These scientists will collaborate with the research "OceanIA", of the French Institute of Research in Digital Sciences and Technologies (Inria) to use this data collected more than 10…

Green TechnologyJuly 6, 2022

CORPORATE FINANCE ADVISOR APPOINTED FOR M&A AND LISTING ACTIVITIES

Singapore, 20 June 2022 - MyFinB Group has established a venture arm to focus on M&A and listing activities for its AI projects across the group's ten verticals. This is being managed by its newly-appointed corporate finance advisor, Raffles Financial Advisors Pte Ltd, a licensed entity under the Monetary Authority of Singapore (MAS). Called AIV50,…

AnnouncementsJune 20, 2022