ABC Technology has been named on the list of Technology Pioneers announced by the World Economic Forum (WEF) today. The fintech innovator is among 15 Asian companies to receive this prestigious award.
The WEF Technology Pioneer status is accorded to a select group of early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.
Past recipients that have gone on to achieve great success include Airbnb, Google, Kickstarter, Mozilla, Spotify, TransferWise, Twitter, and Wikimedia.
“This year’s class of Technology Pioneers are improving society and advancing their industries around the world. These are the companies that think differently and stand out as potential game-changers. We’re looking forward to the role they’ll play in shaping the future of their industries,” said Susan Nesbitt, Head of the Global Innovators Community at WEF.
“We are honoured to be selected as a Technology Pioneer and to be counted among past luminaries. It is a solid endorsement of us as a thought leader in the AI space. Our AI platform combines computer vision and natural language processing to allow businesses to automate data processing and analysis, dramatically transforming the way they work,” said Mason Yang, CEO of ABC Technology.
ABC Technology has a strong focus in the institution banking and fund management sector. With its robust AI solution, unstructured document and financial statements that were once labour-intensive to extract and analyse can now be automated.
“We are continually working with businesses across industries to increase automation of data processing to save time and increase efficiency. On a global front, ABC Technology is on a growth momentum and is actively seeking partners to help bring our technology to organisations around the world,” said Tay Lip Sing, Vice President of International Business of ABC Technology.
This recognition follows the fintech company being named by research firm IDC as among the 101 fastest growing fintech companies in the Asia-Pacific region (excluding Japan) in April.