ABC Technology named on IDC’s 101 Fast Growing APAC Fintech List

ABC Technology named on IDC’s 101 Fast Growing APAC Fintech List

Singapore — April 2, 2020 — Fintech startup ABC Technology today announced its recognition by research firm IDC as among the 101 fastest growing fintech companies in the Asia-Pacific region (excluding Japan).

 

The IDC FinTech Fast 101 List names the fastest growing fintech players based on extensive on-ground analysis of the dominant fintech players within the region. Fintech companies were evaluated on fintech data across key metrics such as addressable market, customer adoption, investments, chance of survival, innovation, and marketing.

 

The list covers 10 major markets – Australia and New Zealand, China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea, and Thailand.

 

“We are humbled and honoured to receive this recognition from IDC. It shows that our deep learning-based solution is being embraced and adopted quickly by the market, especially by forward-looking organisations that leverage leading technologies to stride ahead. The listing is also a testimony of our proven work with our customers,” said Mason Yang, Founder and Chief Executive Officer of ABC Technology.

 

The fintech solution provider lets organisations harness the power of artificial intelligence (AI) to solve problems that were previously impossible to solve. Its machine learning platform automates the entire data processing cycle from collection using optical character recognition (OCR), extraction, search, analysis, and visualisation, to reporting from both unstructured and structured data sources. Using natural language processing and computer vision technologies, it helps banks, finance institutions and large enterprises to make better and faster decisions, draw insights, manage compliance, and maximise their investments.

 

In the next quarter, ABC Technology plans to roll out ready-made AI solutions based on its ABC AI document processing platform for the fund management, investment banking, private equities and commercial/retail banking industries in the Asia-Pacific region. These solutions help organisations quickly identify more profitable opportunities and better understand their positions with more accurately extracted insights from qualitative unstructured information sources.

 

About ABC Technology

 

Founded in 2016, ABC Technology (www.abcfintech.com) is a financial technology solution provider with offices in China, Hong Kong and Singapore. A firm believer in developing innovative AI solutions for the banking and finance industry and large enterprises, 85 percent of its 300 staff are involved in research and development. Its in-house developed artificial intelligence (AI) platform with computer vision and natural language processing, automates the entire data processing cycle from collection, extraction, search, analysis and reporting from unstructured and structured data sources. IDC has listed ABC Technology on the IDC FinTech Fast 101 List of fastest growing fintech companies in Asia Pacific (except Japan).

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

Elon Musk’s Neuralink Debuts Brain Chip Implant: A Bold Future with Ethical Questions

Elon Musk’s Neuralink is back in the spotlight with a major update: they’ve put a brain chip, called the Link, into a human for the first time. This small device has set its sights on monumental goals, such as helping people who’ve lost their limb functionality. Musk’s big dream doesn’t stop there—he wants the chip to boost our brains, improve our memory and eventually blend the human mind with artificial intelligence (AI).

Mercedes-Benz Launches the New Luxurious CLE Cabriolet

Mercedes-Benz has launched the CLE Cabriolet, building on its heritage of creating four-seater convertible vehicles. This new addition is characterized by its expressive design, advanced technology, and high-quality features, ensuring an enhanced driving experience. The model, which evolves from the CLE Coupé, stands out with its traditional fabric acoustic soft top and distinct high-quality details, making it uniquely positioned in the market. Designed to offer dynamic performance alongside exceptional daily comfort, the CLE Cabriolet supports year-round open-air enjoyment.

4 Companies Reusing Coffee Husk for Eco-Friendly Innovations

A daily cup of coffee is more than just a morning ritual—it’s a powerhouse of energy and health benefits. Beyond keeping you alert, coffee supports brain health, maintains liver function and may even lower the risk of depression. However, the journey of coffee from plantation to mug involves an energy-intensive process that produces significant waste, particularly coffee husks.

Fort Worth Hosts New LG Electronics Facility for EV Charger Assembly

LG Electronics has initiated its first U.S. production facility for electric vehicle (EV) charging stations in Fort Worth, Texas, aiming to bolster the national EV charging infrastructure and generate employment opportunities. The facility’s inauguration was marked by an event attended by Fort Worth Mayor Mattie Parker and LG executives Alec Jang, H.K. Suh and Nicolas Min. This development is part of LG’s strategy to expand its presence in the EV charger market by providing high-quality charging solutions and services.

KPMG Introduces “The Road to Leadership” along with Harvard Business School

KPMG in India and Harvard Business School Publishing Corporation (HBSPC) have announced a collaboration to launch “The Road to Leadership”, a program designed to empower mid-level managers with the skills and insights needed to ascend to leadership roles. This collaboration brings together HBSPC’s rich legacy in leadership education and KPMG’s deep industry experience, offering participants a unique blend of theoretical knowledge and practical insights tailored for the Indian context.