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Asian markets exploring opportunities in Fintech

Hitachi, Hitachi Asian markets (Vietnam) Co, Ltd. local subsidiary of Hitachi in Vietnam, and VietCredit Finance Company (“VietCredit”), a local Vietnamese consumer financial institute in Vietnam, announced that they are the latest collaboration to reach an agreement on the start of a demonstration experiment to provide new financial services using digital technology such as AI. […]

Unique Illinois privacy law leads to $550M Facebook deal

By KATHLEEN FOODY Associated Press CHICAGO (AP) — Adam Pezen, Carlo Licata and Nimesh Patel are among millions of people who have been tagged in Facebook photos at some point in the past decade, sometimes at the suggestion of an automated tagging feature powered by facial recognition technology. It was their Illinois addresses, though, that […]

Advantages and drawbacks of Voice Recognition Technology

Voice recognition achieved by VUI (Voice User Interface) is the ability for a programmed machine to respond to voice command. With the efficiency and convenience associated to the technology, it is fast becoming a way to help bridge the gap in professional task management and daily activities. Voice recognition is becoming more sophisticated and reliable, […]

Facebook, YouTube: Firm must stop scraping faces from sites

By MATT O’BRIEN AP Technology Writer Facebook joined YouTube, Twitter and payment service Venmo on Wednesday in demanding that a facial recognition company stop harvesting user images to identify the people in them, which the startup does as part of its work with police. Facebook said it has demanded New York-based Clearview AI stop accessing […]

Twitter to label altered media, remove if it may cause harm

By BARBARA ORTUTAY AP Technology Writer SAN FRANCISCO (AP) — Twitter will begin to label and in some cases remove doctored or manipulated photos, audio and videos that are designed to mislead people. The company said Tuesday that the new rules prohibit sharing synthetic or manipulated material that’s likely to cause harm. Material that is […]

Facial recognition technology and how it’s being used

For humans, our face and unique features, are the most important forms of visual stimuli. Individual recognition is based primarily on distinguishing our individual traits, therefore, developing technology that can be used to identify peoples’ faces, makes a lot of sense. Indeed, with the help of advancing technology, facial recognition is fast becoming an essential […]

Digital banking platform making headway in Africa

The first Angolan digital banking platform DUbank, is set to be inaugurated at the beginning of 2020 with an initial investment valued at $12 million. Sérgio Hirose, Executive Director at DUbank, claimed that all the legal requirements stipulated by the National Bank of Angola have already been fulfilled. The only item remaining was the endorsement […]

Latin America’s growing mobile and tech ecosystem

By 2023, mobile’s contribution to the Latin American economy will reach just over $300 billion as countries increasingly benefit from the continued uptake of mobile services and the associated improvements in productivity and efficiency. Latin America’s growing mobile and tech ecosystem is providing support to the wave of innovation and initiative dominating the region. IoT […]

The 3 most commonly believed tech myths - busted!

The amazing research team at HighSpeedInternet.com have taken a look at the world of tech ‘mythsteries,’ just to see what false facts the public really believes. In order to do so, they created a master list of well-known tech nonsense as well as some things that may have been true at some point, but are not […]

Facebook fights spread of misinformation about virus online

By DAVID KLEPPER The Associated Press Facebook says it’s working to limit the spread of misinformation and potentially harmful content about the coronavirus as bogus claims about the ongoing outbreak circulate online. Kang-Xing Jin, Facebook’s head of health, announced that the social media platform will begin removing posts that include false claims or conspiracy theories […]