JEJU, South Korea, Aug. 9, 2024 /PRNewswire/ -- At the recently held International Joint Conference on Artificial Intelligence 2024 (IJCAI 2024) on Jeju Island, South Korea, from August 3 to 9, FinVolution Group, a leading fintech company, showcased their latest research on Artificial Intelligence (AI) to the global AI community at the event.
Since inception in 1969, IJCAI has emerged as a pinnacle of international academic excellence, renowned for its prestige, prominence, and profound influence within the AI landscape.
Showcasing AI applications in fintech
AI has permeated every aspect of CreditTech process, encompassing customer acquisition, operational efficiency, risk mitigation, and customer service, and beyond. During the Industry Day at IJCAI, FinVolution shares its AI strategies for diverse fintech scenarios. FinVolution's Principal Scientist, Dr. Chunping Wang delivered a keynote speech titled "From Risk to Reward: The Impact of Generative AI on the Credit Industry".
In her speech, Dr. Wang highlighted, "The rise of generative AI presents significant challenges, particularly in verifying data within the credit sector, as deepfake videos threaten identity systems. However, this technology also holds vast potential for expanding customer reach and fostering creativity. Looking forward, we anticipate a powerful synergy between large language models (LLMs) and specialized frameworks, which will broaden and secure AI applications across industries."
With years of AI expertise, FinVolution has developed its intelligent voice robot, Blu, capable of fluently interacting in five languages. Blu empowers over 20 fintech platforms across seven countries with AI-driven voice services. Additionally, the company has advanced its Octopus intelligent delivery platform by introducing a material synthesis feature. FinVolution's proprietary coding assistant, Xcoder, leverages LLMs to help developers streamline tasks, enhance efficiency, and provide intelligent code reasoning and automated support.
Industry-academia collaboration enhances deepfake solutions
Just two weeks after the finale of FinVolution Data Science Competition, the top eight winners present their voice deepfake detection solutions at a workshop at IJCAI. Open to all conference attendees, including experts in speech algorithms.
Lei Chen, Vice President and Head of Big Data & AI of FinVolution Group, presented awards to the winning teams, praising their remarkable voice detection solutions that have gained recognition in the academic community. Chen said, "FinVolution is committed to forging partnerships with academia and industry to build an open-source ecosystem for diverse technologies. By bridging real-world challenges with academic research, we foster collaboration that advances both science and technology."
FinVolution Researcher Showcases Paper at IJCAI
IJCAI is renowned for its stringent paper evaluation process. This year, FinVolution's Senior Data Scientist, Shengjian Wu, as the first author, had his paper titled "OD-DETR: Online Distillation for Stabilizing Training of Detection Transformer" accepted for presentation at IJCAI. Co-authored with Shanghai Key Laboratory of Multidimensional Information Processing at East China Normal University, the work revolutionizes the DETR model, traditionally confined to academia, by optimizing it for real-world business needs. The approach enhances detection efficiency and accuracy while dramatically cutting model training costs.
FinVolution Group's steadfast commitment to technological innovation underscores its efforts to advance industry growth. Looking forward, the company continues to invest heavily in research and development, aiming to use cutting-edge technology to enhance financial services.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
FinVolution Group Showcases AI Capabilities at IJCAI 2024
FinVolution Group Showcases AI Capabilities at IJCAI 2024
FinVolution Group Showcases AI Capabilities at IJCAI 2024
KOTA KINABALU, Malaysia, Sept. 21, 2024 /PRNewswire/ -- European Wellness, a global leader in regenerative medicine and integrated healthcare, has inaugurated its latest and most advanced facility, the European Wellness New Premier Center, in Kota Kinabalu, Sabah. This landmark 60,000 square-foot center represents a significant leap forward for healthcare in Sabah and is set to play a crucial role in the global medical wellness tourism sector.
The grand opening ceremony was a notable event, attracting international attention and high-profile attendees. Sabah's Chief Minister YAB Datuk Seri Panglima Haji Hajiji Bin Haji Noor, Sabah State Minister of Finance, YB Datuk Seri Panglima Haji Masidi Manjun, Advisor to the President of the UAE, H.E. Dr. Khalid Abdulla Mubarak Albuainain Almazrouie, and other dignitaries were present to witness the unveiling of this cutting-edge facility. The center, a major investment by EW's founders, Prof. Dato' Sri Dr. Mike Chan and Prof. Dato' Sri Dr. Michelle Wong, is designed to integrate advanced medical science with the healing power of Sabah's natural environment, setting a new benchmark in global healthcare.
Chief Minister Hajiji praised the vision and commitment of the founders, emphasizing how the center will enhance Sabah's healthcare capabilities and position the region as a prominent destination for medical wellness tourism. "This facility is a game-changer for Sabah, combining state-of-the-art medical science with our unique natural environment," said Hajiji. "It not only strengthens our local healthcare sector but also boosts Sabah's standing on the global medical tourism map."
The center's opening is a strategic move that aligns with Sabah's broader goals of becoming a leading hub for advanced healthcare and medical wellness tourism. Sabah's strategic location in Southeast Asia, as part of the BIMP-EAGA and ASEAN regions, provides a significant advantage in attracting international investment and talent. "We are positioning Sabah at the forefront of the global health and wellness revolution," Hajiji added. "This investment reflects our commitment to enhancing life quality and fostering international collaboration in medical innovation."
Dr. Khalid Abdulla Mubarak highlighted the international significance of the European Wellness New Premier Center. "The advancements showcased here are truly groundbreaking," Dr. Khalid remarked. "Prof. Chan's work in targeted organ-specific stem cell therapy represents the future of healthcare set to revolutionize regenerative medicine and significantly improve healthcare outcomes globally."
Dr. Khalid emphasized the importance of making such advanced treatments more accessible. "Currently, stem cell therapy is costly and limited in availability. Expanding access and reducing costs are crucial steps in making these life-changing treatments available to a broader population," he noted. He also recognized Sabah's potential as a global medical wellness tourism destination, praising the combination of high-quality medical facilities and the region's natural beauty.
The center will offer an extensive range of services, including over 60 advanced regenerative medicine and holistic wellness therapies. It features cutting-edge technology and a team of over 300 professionals dedicated to delivering personalized healthcare solutions. This new facility is part of a larger expansion plan that includes the establishment of a biopharmaceutical manufacturing facility in Kota Kinabalu Industrial Park, with an investment of USD 80 million, doubling the workforce and further enhancing Sabah's status in the global healthcare landscape.
The European Wellness New Premier Center stands as a testament to international collaboration and innovation in healthcare. It not only aims to transform healthcare in Sabah but also to set new standards for medical wellness worldwide. EW's dedication to healthcare advancements positions it to transform global medical wellness tourism, ushering in a new health era for Sabah and beyond.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
European Wellness Unveils Premier Medical Wellness Center in Kota Kinabalu, Sabah: A Landmark in Global Healthcare
European Wellness Unveils Premier Medical Wellness Center in Kota Kinabalu, Sabah: A Landmark in Global Healthcare
European Wellness Unveils Premier Medical Wellness Center in Kota Kinabalu, Sabah: A Landmark in Global Healthcare
