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

New to the Forex Market The Ultimate Toolkit for Success

New to the Forex Market? The Ultimate Toolkit for Success

Foreign exchange trading can be a tricky business. When it comes to choosing what tools will be the most effective in your forex trading journey, there are a few aspects to consider. Whether you are a brand-new trader or a seasoned veteran, some of these tools will always be handy to help you not only find the diamonds in the rough but also stay focused on your goals.

Looking Back on the Top Skincare Trends of 2022

Looking Back on the Top Skincare Trends of 2022

Going makeup free during the COVID-19 pandemic has whipped up interest in skincare, with people spending more on in-clinic aesthetic treatments and buying more skincare products. As of 2022, revenues in the beauty and personal care industry have reached US$534 billion. Of this, the skincare segment makes up a total revenue of US$153.30 billion, growing at a CAGR rate of 5.19% in the next five years.

Is It Ethical to Be “Overemployed”

Is It Ethical to Be “Overemployed”?

According to the American Bureau of Labor Statistics of August 2022, more than 7.5 million workers in the U.S. are overemployed, that is, they hold more than one job. With the pandemic leading to an increase in remote working and making people concerned about job safety, it doesn’t take a genius to see why people would choose to work multiple jobs.

Kanye West’s Biggest Losses of 2022

Kanye West’s Biggest Losses of 2022

Singer, rapper and chaotic personality Kanye West, a.k.a. Ye, has been all over the news and the place for the past few months. What’s more? Media personality Kim Kardashian is not all that he has lost. The famous rapper has also lost his billionaire status as his over-a-decade-long relationship with Adidas ended following his antisemitic (i.e. against the Jewish community) comments on social media. Now, he is worth US$400 million.

Top 5 Covert Signs of Sexual Harassment

Top 5 Covert Signs of Sexual Harassment

One of the gravest threats to a workplace is sexual harassment. Although commonly believed to be a situation only women go through, sexual harassment can be experienced by a person of any gender or sexual orientation. According to an analysis conducted by Gapjil 119, an organization that assists with workplace abuse, eight out of ten workplace harassment victims end up facing some form of retaliation from the aggressor, like getting turned down for a promotion or threatening their job.

Are You Being Quietly Fired?

Are You Being Quietly Fired?

In a previous article, we discussed how the modern workforce is expressing their discontent with their working conditions by quiet quitting. Quiet quitting means simply doing what is expected from employees instead of being emotionally invested in the jobs and going the extra mile for companies. Now, employers have taken a page from their employees’ books and begun using quiet firing to reduce the number of workers.