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Report: Blockchain, AI to shape fintech’s future
The report highlights emerging products and services, technology-enabled sub-segments, new business models, and innovations that are set to disrupt the industry.
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- Finance, Technology
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India’s first AI research institute opened in Mumbai
Based in Mumbai, the Wadhwani Institute for Artificial Intelligence (Wadhwani AI) is partnering with the government of Maharashtra for its mission to create AI solutions for social impact. The Maharashtra government will help the institute identify problems, and test and scale the solutions.
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- Technology
- Region
- South Asia
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The promise and pitfalls of artificial intelligence for global development
The teaser for a breakfast conversation that Microsoft is hosting on the promise and pitfalls of artificial intelligence captures the challenges and the opportunity well: “AI offers profound potential benefits and the opportunity to help tackle some of the world’s most pressing issues including accelerating economic growth, tackling the urgent issues of environmental sustainability, and transforming healthcare,” it reads. “But the accelerating pace of technology-driven change is also creating disruption and anxiety. It risks contributing to a sense of a fractured world, between a small group of people who benefit and a broader group of people who fear that they are being left behind. We need to come together to chart a path forward that ensures AI contributes to building a positive shared future for every community.”
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- Technology
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Shanghai subway to use Alibaba voice and facial recognition systems in AI push
The subway system in the Chinese city of Shanghai will bring in voice and facial recognition technologies developed by e-commerce firm Alibaba Group Holding as it looks to make life easier for the millions of commuters on one of the longest and busiest mass-transit railway networks on the planet.
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- Technology
- Region
- Asia Pacific
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AI chip could help conquer superbugs, infectious diseases and cancer
A new artificial intelligence chip that could help redefine how global health challenges - from superbugs to infectious diseases and cancer - are conquered is being developed by an American firm using Arm designs.
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- Health Care, Technology
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East Africa is leading the world in drone delivery
The cutting edge of drone delivery isn't one of the usual technology hotspots, such as Singapore or the United States. The honor belongs to East Africa.
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- Health Care, Technology
- Region
- Sub-Saharan Africa
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Microsoft is using AI to track down health problems in India
Redmond is teaming up with the state of Telangana in India where the company will be using its artificial intelligence technology to provide healthcare for children with eye problems.
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- Health Care, Technology
- Region
- South Asia
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Inclusive Fintech: Four Lessons for Optimizing Customer and Tech Journeys
Catalyst Fund – a unique accelerator model that provides direct and tailored technical assistance to complement a startup’s skill sets – spent the past year working directly with early-stage fintech businesses in emerging markets. Here are some of the lessons they gathered, both on the tech side and the customer side. A key takeaway: Trust is slowly built but easily destroyed.
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- Finance, Technology