● Finance

AI Enabled Platform to Power Open Finance

Open Banking pioneer LUXHUB has partnered with the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) to create added value services based on financial data. The partnership will reportedly implement ground-breaking technology in the field of artificial intelligence while respecting the industry’s main concerns the safety and privacy of sensitive data through the federated learning model. Moreover, the teams will be focusing on several key use-cases that will reportedly benefit the entire financial services industry, such as fraud detection, anti-money laundering, loan risk prediction, and transaction categorisation. Read More

● Insurance

AI Based Voice Bot for Motor Claim Registrations

Edelweiss General Insurance (EGI), has launched an AI Voice Bot to enable its customers intimate insurance motor claims in a convenient and seamless manner. This conversational AI Voice Bot, available in Hindi, English and Hinglish, will enable real time registration of claims, 24-7. It has been currently introduced for garage owners and will be offered to all customers as well in a month or two. The end-to-end AI Voice Bot is powered by Yellow.ai. The AI Voice Bot can also answer questions raised by the garage representatives. Read More

● Healthcare

AI Powered Predictive Biomarker for Idiopathic Pulmonary Fibrosis (IPF)

Brainomix has announced that the latest version of its e-ILD software has been refined and validated using data from the Open Source Imaging Consortium (OSIC) Member Challenge. Using a large set of anonymized HRCT scans and accompanying clinical data from the OSIC Data Repository, Brainomix applied an artificial intelligence, machine learning approach to the analysis of CT scans from patients with a diagnosis of IPF. The analysis demonstrated the value of several AI-powered imaging biomarkers including a proprietary biomarker which quantifies the extent of the lung affected by reticulo-vascular abnormalities. Read More

● Technology

AI Powered Platform for Synthetic Data

Rendered.ai, the leading platform provider for physics-based synthetic data, has announced the availability of the Rendered.ai Platform as a Service (PaaS) for synthetic data engineers and computer vision scientists. The first-of-its kind platform is a complete stack for synthetic data including a developer environment, a content management system, scenario building, compute orchestration, post-processing tools, and more. These tools enable users to generate engineered datasets to overcome gaps and bias issues experienced when using real datasets to train AI. Read More

● Automobile

AI Driven Platform for Car Sales Process

Automotive fintech startup Kuwy announced that it has launched a platform for complete online car sales process by bringing together buyers, sellers and lenders. The Chennai-based company, which is a subsidiary of Volkswagen Finance, introduced - KUWYLaaS, an AI-driven platform with block chain technology to complete car sales online. The platform allows a customer to select finance options, choosing a lender and getting instant approval in a completely paperless journey. Read More