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China pins economic transformation on AI and big data

KevinDuistravellingtotheUnitedStatesthisweektovisitHarvardBusinessSchool.Buthehasotherthingsonhismind.Heplanstomakeasidetriptoothertopuniversitiesandtechnologyc

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Singapore unveils plans to bolster status as Asian financial hub

SingaporehasunveiledaroadmapforstrengtheningitsstatusasanAsianfinancialhub,withtheaimofgrowingthesectormorethan4percentperyearandcreatingthousandsofjobs.“Withte

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Hong Kong, Singapore to link up trade finance blockchain platforms

HongKongandSingaporehaveunveiledplanstolinktradefinanceplatformsthey'redevelopingwithblockchaintechnology.Themovewillhelpreducepotentialfraudanderrorsinthemulti

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Applying for a credit card? Please take a selfie

Theselfieiseverywhere–Facebook,Instagram,Twitter–andsoonyourbankcouldbeaskingforoneinordertoapproveyourpurchaseorcreditcardapplication.PaymentprocessinggiantVis

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JPMorgan launched payments network using blockchain technology

JPMorganChaseCosaidonMondayitlaunchedanewpaymentprocessingnetworkthatusesblockchaintechnology,inpartnershipwithRoyalBankofCanadaandAustraliaandNewZealandBanking

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Africa can enjoy leapfrog development

CanAfricaleapfrogitswayintothefuture?ThereisnodoubtthattechnologyandinnovationaretransformingAfrica.AcrossSub-SaharanAfrica,phonesnowactasbanksformillionsofAfri

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Chinese scientists can identify you by your walk with recognition system

AnewbiometricidentificationtechnologydevelopedbyChinesescientistsallowstheidentificationofpeoplebythewaytheywalk,withouttheneedtolookattheirfaces.Thegaitrecogni

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China speeds up Internet to develop digital economy

Chinawillstrengtheneffortstopromotenetworkspeed,lowerfees,accelerate5GplanningandmoreconstructionsandapplicationsofindustrialInternettodevelopaprosperousdigital

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China wants to make the sharing of technological breakthroughs easier

TheStateCouncil,China'scabinet,unveiledonTuesdayaplantomakethesharingoftechnologicalbreakthroughs,suchasartificialintelligence(AI),augmentedreality(AR)andblockc

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Facial recognition debuts at China's banks

AttheAgriculturalBankofChina's(ABC)threeoutletsinJinancity,cardsarenolongerneededtowithdrawmoney.Aquickscanofthefacewilldo."Oneofthebestthingsaboutfacialrecogni

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China Footprint: World factory embraces intelligent manufacturing

SituatedinsouthChina'sPearlRiverDeltaregion,thesouthernChinesecityofDongguanisknownforbeingtheworld'slargestconsumerelectronicmanufacturingbase.Butafteritslabor

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Experts optimistic about future of facial recognition

Expertsatthe2017Global(Shanghai)ArtificialIntelligenceInnovationSummitareoptimisticaboutthefutureoftheAItechnology.Steppingintothesummithall,everyattendeehastop

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CSIS: Innovation-led economic growth

Theworldfacesaconfluenceofchangesandtechnologicaladvancesthatarefundamentallyalteringtherelationshipbetweenindividuals,economies,andsociety.Innovationsinadivers

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High touch jobs: Human labor that will survive the robot onslaught

ThoughanumberofjobscouldbethreatenedduetotherapiddevelopmentofAItechnologyandrobot,therearecertainlysomefieldsforhumanbeingsthatwillnotbeindangerofbeingchalleng

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Forget cash, face scanning is the new wallet in China

Customersusingface-detectiontechnologytomakepaymentshasbecomepopularinChinasinceAlibabafounderJackMatalkedaboutitinGermanytwoyearsago,ImagineChinareportedonTues

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Samsung, Foxconn to back cable-free phone tech

AstartupbackedbyTonyFadell,oneofthefathersoftheAppleiPod,planstoannounceWednesdayitisworkingwithSamsung,FoxconnparentHonHaiPrecisionIndustryandothersonanewwayfo

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Beijing-based tech start-up has a big edge on facial recognition

WhenstaffmembersofMegviiTechnologyclockin,theyonlyhavetopassthroughanautomatedgateandtheirnamewillappearonthescreenaboveit."Wecanalsousethisself-developedfacial