Need India-specific data to properly implement facial recognition tech: Infosys co-founder
As India plans to roll out a nationwide facial recognition system this year, Infosys co-founder Kris Gopalakrishnan believes that the country must develop its own databases for efficient implementation.
China facial recognition case puts Big Brother on trial
Facial-recognition technology has become embedded in China, from airports to hotels, ...
View: From protests to chai, facial recognition is creeping up on us
Just last month, newspapers reported that Delhi Police used facial recog...
Facial recognition for cows: Why is Mooofarm giving cattle a digital identity?
Agritech startup Mooofarm claims to have 95% accuracy in distinguishing one cow from the other.
US government study finds racial bias in facial recognition tools
The study also found that African-American females are more likely to be misidentified in "one-to-many" matching, which can be used for identification of a person of interest in a criminal investigation.
Chaayos, Afghan elections & Chinese wildlife park: 7 times facial recognition caused controversy in 2019
2019 saw plenty of controversies over the use of facial recognition technology.
Ola to expand 'Guardian' safety feature to 17 cities in India, Australia
Ola said it also conducts mandatory verification through stringent criminal records checks as well as mandatory online training for drivers that includes modules like customer service and etiquette, platform usage, partner support, defensive driving amongst others.
Delay in recognition of NPAs bad for financial health of banking sector: RBI
RBI noted that the recognition of past bad loans has “neared completion” in the reported fiscal year on the back of the asset quality review exercise undertaken by it in 2015 and the subsequent implementation of the framework for resolution of stressed assets. “Going ahead, this framework is expected to induce timely recognition of stressed assets,” RBI said.
‘IT services & tech startups help put India on the AI path’
For artificial intelligence and machine learning algorithms to run on big data, Indian companies require technology that will digitise and store data. Industry is now increasingly adopting this infrastructure. Since legacy systems are slow to change, they are the laggards.
NSE commodities segment gets recognition from CBDT
This approval will benefit traders in relation to trading in commodity derivatives segment of NSE.
MCXCCL first Indian clearing corporation to get ESMA recognition
European participants shall be able to apply lower risk weightage towards their exposures to MCXCCL and be benefitted towards lower capital requirements.
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