ABC Technology recognised as Technology Pioneer by World Economic Forum

Singapore — June 16, 2020 — Fintech innovator ABC Technology today announced its recognition as a Technology Pioneer by the World Economic Forum (WEF). It is one of just 15 Asian companies to receive this prestigious award. Selected from hundreds of candidates, it has distinctively set itself apart as a leading artificial intelligence (AI)-powered company that provides automation tools that significantly transform the way businesses work.

 

The WEF Technology Pioneer status is accorded to a select group of early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Spotify, TransferWise, Twitter, and Wikimedia.

 

“ABC Technology and its fellow pioneers are developing cutting edge technologies all over the world. Beyond their innovations, these firms are contributing greatly to improving the state of the world,” said Susan Nesbitt, Head of WEF’s Global Innovators Community, of which the Technology Pioneers community is an integral part of.

 

This acknowledgment comes hot on the heels of ABC Technology being named by research firm IDC as among the 101 fastest growing fintech companies in the Asia-Pacific region (excluding Japan) in April.

 

“We are honoured to be selected as a Technology Pioneer and to be counted among past luminaries. It is a solid endorsement of us as a thought leader in the AI space. Our AI platform combines computer vision and natural language processing to allow businesses to automate data processing and analysis, dramatically transforming the way they work,” said Mason Yang, CEO of ABC Technology.

 

ABC Technology has a strong focus in the institution banking and fund management sector. With its robust AI solution, unstructured document and financial statements that were once labour-intensive to extract and analyse can now be automated.

 

“We are continually working with businesses across industries to increase automation of data processing to save time and increase efficiency. On a global front, ABC Technology is on a growth momentum and is actively seeking partners to help bring our technology to organisations around the world,” said Tay Lip Sing, Vice President of International Business of ABC Technology.

 

About ABC Technology

 

Founded in 2017, 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 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.

SHARE THIS STORY

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

RELATED POSTS

Cultos Global Lands Major Investment to Advance Web3 Brand Engagement Solutions

Cultos Global Lands Major Investment to Advance Web3 Brand Engagement Solutions

Dubai-based Web3 company, Cultos Global, has recently acquired substantial investment in its latest funding round. The specific amount remains undisclosed. This venture specializes in altering the dynamics of brand-customer relationships by launching a sophisticated, integrated platform that intertwines digital marketing and customer rewards, converting conventional consumers into active nano-influencers.

Navigating the Growing Crisis of Space Debris

Orbital Fallout: Navigating the Growing Crisis of Space Debris

Ever since we stepped into the space age back in the 1950s, we’ve been busily sending rockets and satellites up, up and away, painting our mark way beyond our planetary borders. But here’s the thing—our ventures have left the cosmos littered with about 2,000 operational satellites and another 3,000 that are just space junk now.

Pryon Secures US$100 Million in Series B to Advance AI in Knowledge Management

Pryon Secures US$100 Million in Series B to Advance AI in Knowledge Management

Pryon Inc., a North Carolina-based company specializing in integrating artificial intelligence (AI) with knowledge management, has completed a Series B investment round, raising US$100 million. The funding was led by Thomas Tull’s US Innovative Technology Fund (USIT), with contributions from both new and existing investors, including Aperture Venture Capital,

Amazon Launches Upgraded AI Enhanced Fire TV Sticks

Amazon Launches Upgraded AI Enhanced Fire TV Sticks

Amazon has rolled out a series of updates to its Fire TV offerings. The new features include an improved conversational voice search powered by generative AI and Fire TV Ambient Experience advancements. Among the latest hardware releases are the Fire TV Stick 4K Max and the Fire TV Stick 4K, incorporating the enhanced Fire TV Ambient Experience.

Interactive Learning with Augmented Reality

Interactive Learning with Augmented Reality: Applications, Benefits and Challenges

Ever wondered what it would be like if your textbooks could talk, if the illustrations in your lessons could come to life, or if you could step into history rather than just read about it? Welcome to the world of augmented reality (AR) in education! Like a magic wand, AR can turn the abstract into tangible and the mundane into extraordinary, unfolding boundless educational possibilities.