TECHNOLOGY

Nedbank has won a 2024 FICO Decisions Award for applying AI, Machine Learning and Optimization to financial crime risk management. The Risk Intelligence Centre identifies a crime syndicate during the testing phase while initial production data was still being loaded. It uses FICO technology as part of the strategy to stop fraud, money laundering and other financial crime. We needed the right technology that could consolidate all relationships with an entity.
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2 years ago Read more at Yahoo Finance

The open-source platform is poised to accelerate the discovery of genetic variations that are key to developing crops with improved resilience, yield and nutritional value. KAUST researchers uncovered more than 2 million genetic variants previously overlooked by conventional interrogations of a single reference rice genome. This marks an initial step towards unlocking new avenues in crop enhancement and sustainable agriculture.
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2 years ago Read more at Technology Networks

The gene therapy uses a modified virus to deliver functional copies of the defective GAN gene to nerve cells in the body. It is the first time a gene therapy has been administered directly into the spinal fluid, allowing it to target the motor and sensory neurons affected in GAN. At some dose levels, the treatment appeared to slow the rate of motor function decline.
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2 years ago Read more at Technology Networks

Natech Banking Solutions, provider of a leading end-to-end digital banking platform, has today announced a rebrand that sets a foundation for the next generation of its product suite. The complete and comprehensive Natech platform guarantees Tier-1 functionality to local and regional banks seeking modernization. Natech has grown its operations worldwide to build a diverse and growing network of partners and clients across 40 countries including Snappi.
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2 years ago Read more at Yahoo Finance

Betsafe-LKL is the first basketball league to install Genius Sports’ computer vision system in venues following expanded FIBA partnership New technology will automate the collection of eventing data, rich tracking data and broadcast-quality live video production via a single system. Genius sports uses AI to read, process and understand gameplay in real-time to contextualise every aspect of the game, using the language of coaches, players, and fans.
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2 years ago Read more at Genius Sports News

The International University Sports Federation and Bornan Sports Technology have signed a long-term partnership to deliver a world class digital transformation to university sports. The aim of this strategic partnership is to enhance the management of resources for organizing global university sporting events. Tailor-made digital services and innovative cloud computing solutions will provide a robust technology platform that streamlines the management.
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2 years ago Read more at FISU

Blue light is a massive challenge Universal Display is best known as a technology developer and patent holder for all sorts of technologies used in OLED display manufacturing. The company's revenue is generally about 55% to 60% material sales, and the remaining patent licensing, to display manufacturing partners led by Samsung and LG Display. Through it all, UDC stock has steadily grown, but with a lot of volatility.
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2 years ago Read more at The Motley Fool

Genetec Technology Berhad has 19 investors with 45% ownership. Institutions make up 25% of the company’s shareholders. It is best to be wary of relying on the supposed validation that comes with institutional investors. This can indicate that the company has a certain degree of credibility in the investment community.
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2 years ago Read more at Yahoo Finance

AI is gradually becoming a larger part of our lives as it carves its way into a number of industries and everyday technologies. Artificial intelligence compute coming online appears to be increasing by a factor of 10 every six months," said Elon Musk at the Bosch Connected World conference. The biggest risk AI poses for the climate comes from the sizable computing it requires.
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2 years ago Read more at The Week

INFRGY proof of concept Testing at the University of Kashmir. It is currently undergoing further study at the NIT Srinagar Our goal is to bring our technology, which merges renewable and wireless energy, to the global stage.
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2 years ago Read more at EIN News