Category: Press Release

LONDON and NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) — Today, Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that it has won the 2023 Google Cloud’s Industry Solution Technology Partner of the Year award for Line of Business Processes. The award comes after its Decision Intelligence Platform and solutions were made available on Google Cloud Marketplace in April 2023.

Quantexa is recognized for the strength of its line of business solutions. Their Line of Business Processes removes traditional manual data capture by connecting internal and external data and creating an accurate single view of customers. Quantexa’s advanced Line of Businesses processes capabilities were awarded in acknowledgement of the technologies ability to monitor KYC profiles and automate the detection and prioritization of real risk and opportunities.

Key capabilities included in Quantexa’s AI-enabled KYC solution are onboarding, remediation, enhanced due diligence (EDD), and perpetual KYC (pKYC). By deploying the solution, Google Cloud customers can focus their risk management efforts and facilitate trust with customers, leading to increased revenue generation. Plus, by gaining a true understanding of those they are doing business with joint customers will see benefits across the banking value chain, including improved financial crime, AML, and fraud detection.

Making the Quantexa Decision Intelligence Platform available via Google Cloud has given organizations in banking, insurance, telecommunications, and government agencies the ability to connect their data across siloed systems, making it simple for global enterprise customers to trust their data and augment and automate decision-making to protect, optimize, and grow their business.

Dan Higgins, Chief Product Officer at Quantexa: “Together with Google Cloud, we’ve been able to bring cutting-edge compliance and risk technology solutions to the Cloud and give our joint customers flexible deployment options. This partnership is enabling IT and infrastructure teams to be more agile and support line-of-business leaders working in an ever-evolving risk landscape. The recognition by Google Cloud further highlights our achievements in enabling organizations to leverage Decision Intelligence to master customer and risk management.”

“Google Cloud’s partner awards recognize the significant impact and customer success that our partners have driven over the past year,” said Kevin Ichhpurani, Corporate Vice President, Global Ecosystem and Channels at Google Cloud. “We’re delighted to recognize Quantexa as a 2023 Google Cloud Partner Award winner and look forward to a continued strong partnership in support of our mutual customers.”

To learn more about how your organization can benefit from Quantexa’s KYC solution and other Decision Intelligence Platform capabilities, please visit: www.quantexa.com

Notes To Editors:

The award win comes ahead of Quantexa’s Global Insurance Roadshow with Accenture, Google Cloud and Quantexa in APAC, EMEA & North America. The events will educate insurers on how to leverage AI to create hyper-personalized customer experiences and will be hosted in the following cities and dates:

• Singapore: September 12th
• Sydney: September 14^th
• London: October 24^th
• New York City: November 14th
• Chicago: November 16^th

About Quantexa
Quantexa is a global data and analytics software company pioneering Decision Intelligence that empowers organisations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s Decision Intelligence platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 650 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Toronto, Malaga, Brussels, Amsterdam, Dublin, Luxemburg, Singapore, Melbourne, Sydney, and Dubai. For more information, please visit www.quantexa.com or follow us on LinkedIn.

Media Enquiries 

C: Stephanie Crisp, Associate Director and Media Strategist, Fight or Flight
E: quantexa@fightorflight.com

C: Adam Jaffe, SVP of Corporate Marketing
T: +1 609 502 6889
E: adamjaffe@quantexa.com

GlobeNewswire Distribution ID 1000836850

AI-Media’s AI-Powered LEXI Captioning Tool Kit

BROOKLYN, N.Y., Aug. 24, 2023 (GLOBE NEWSWIRE) — AI-Media, a leading provider of captioning technology and infrastructure, is proud to unveil its groundbreaking AI-Powered LEXI Captioning Tool Kit. This comprehensive collection of automated captioning solutions marks a new era in the industry, combining cutting-edge AI technologies to meet the integrated needs of content creators and distributors worldwide.

The AI-Powered LEXI Tool Kit addresses challenges faced by media companies, broadcasters, event producers, educational institutions, and other content producers in delivering cost-effective and accurate captions and subtitles for live and pre-recorded content that can be easily re-used in other customer applications.

“At AI-Media, we are committed to pushing the boundaries of captioning technology. Our LEXI Tool Kit is a result of years of research and development, and we are proud to offer a transformative solution that enhances the accessibility and inclusivity of media content,” said James Ward, Chief Sales Officer at AI-Media.

The Tool Kit is comprised of six key solutions each designed to address different captioning needs, enabling the consumer to mix and match key components to suit their business requirements. The solutions are compatible with our encoder series via the iCap Cloud Network creating the ultimate captioning ecosystem.

1. LEXI Live Automatic Captioning: Delivering real-time captions with unparalleled accuracy, LEXI consistently achieves over 98% accuracy. Offering speaker identification and intelligent caption placement, LEXI Live Automatic Captioning is the cornerstone of the Tool Kit, offering captions rivalling that of human captioners – at a fraction of the cost.
2. LEXI Recorded: Accelerating captioning for post-production content, LEXI Recorded seamlessly integrates into Media Asset Management Systems (MAM), ensuring fast turnaround times for caption file delivery. Users can caption in over 30 languages, choose from multiple file formats including SRT, VTT, and TXT, to fit their specific requirements; and make use of the API function and automation for a zero-touch solution.
3. LEXI Translate: Breaking down language barriers, LEXI Translate allows users to effortlessly translate live captions and subtitles to and from over 50 languages with more added every month. Perfect for corporate meetings, global events, and broadcasts of multilingual content, LEXI Translates accuracy ensures that important nuances are effectively translated.
4. LEXI DR (Disaster Recovery): Never go off the air with the ultimate failover solution. LEXI DR enables users to host their fully redundant iCap and LEXI servers, ensuring uninterrupted captioning in challenging situations like cloud-based outages or internet connectivity issues. No more missing captions due to internet outages!
5. LEXI Local: LEXI Local delivers highly secure live, automatic captions, on-premises and off the cloud, meaning elevated security and greater control. LEXI Local is ideal for any organization such as corporations or Government agencies requiring increased security of their content.
6. LEXI Library: LEXI Library archives your captioned content, making it easily searchable and accessible. With customizable permissions and Single Sign On, time-stamped live captions can be accessed securely in real-time or post-session, simplifying the process of transcribing, and distributing captioned sessions.

The Tool Kit presents a comprehensive solution to maximize the benefits of captioning and translation. Fully compatible with AI-Media’s best-in-class SDI and IP caption encoders, the Tool Kit simplifies customer workflows by providing seamless interoperability.

For more information about the AI-Powered LEXI Captioning Tool Kit, visit www.ai-media.tv. To schedule a demo or to speak with a representative, please contact lexi@ai-media.tv.

About AI-Media

Founded in Australia in 2003, technology company AI-Media is a global leader in live and recorded captioning, transcription, and translation solutions. The company helps the world’s leading broadcasters, enterprises, and government agencies ensure high accuracy, secure, and cost-effective captioning via its AI-powered LEXI captioning solution. LEXI captions are delivered to millions of screens worldwide via AI-Media’s range of captioning encoders and its iCap Cloud Network – the world’s largest, most secure caption delivery network. Globally, AI-Media delivers over 9 million minutes of live and recorded media monthly. AI-Media trades on the Australian Stock Exchange (ASX:AIM). For more information, please visit www.ai-media.tv.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4763888e-6d55-490f-8749-0a5a76363f46

Media Contact:
Fiona Habben
Senior Marketing Manager – Global
Fiona.habben@ai-media.tv

GlobeNewswire Distribution ID 8900527

Basseterre, Aug. 23, 2023 (GLOBE NEWSWIRE) — The Prime Minister of St Kitts and Nevis, Honourable Dr. Terrance Drew, addressed the nation recently on St Kitts and Nevis’ Labour Party’s (SKNLP) one-year anniversary and outlined some of the Party’s successes in that period.

After Honourable Dr. Drew consulted with experts during the pandemic, he made the bold decision to lift Covid-19 restrictions. This decision supported the survival of the tourism sector.

Honourable Dr. Drew, shared on social media his gratitude for the support the government received from local citizens and noted the country’s latest developments, he outlined SKNLP administration’s critical achievements from August 2022 to August 2023, which include:

Growth in the education sector

The government has significantly reduced student loan interest rates from nine per cent to five per cent at the Development Bank. And student loans received interest-free debt relief for the first time in a little over four years.

The government implemented a ‘Graduate Finance’ Project with ECD$15,000 credit for students with loans at the Development Bank and other banks. With an additional ECD$25,000 grant for students applying and studying relevant undergraduate or graduate programmes.

Sports and recreation 

St Kitts and Nevis Ministry of Sports, under the leadership of Samal Duggins, has launched numerous initiatives as part of the government’s achievements, such as:

• Transforming Lambert’s playing field to be used to attract more citizens to partake in sports activities on the field.
• Restoration project in the Warner Park Cricket Stadium to host international games and support the growing tourism sector in the country.

Economic growth 

Indigenous financial institutions in the country now provide zero down payment for mortgages, which makes it possible for homeowners to qualify to purchase their dream home on the twin island nation.

The government-subsidised Fuel Variation Charge (FVC), and the cost of fuel and electricity subsided to ECD$9 million per month.

The first Citizenship by Investment (CBI) dividends were paid out to CBI investors in December 2022 and in June 2023, indicating that the St Kitts and Nevis CBI Programme has shown strength in economic development.

During the first year of the new SKNLP administration in office, the government received the highest tax collection through inland revenue, despite no tax increases and new taxes. Small businesses in the country impacted by the COVID-19 pandemic received ECD$20,000 Small Business Loans from the Development Bank.

The government was able to reinstate its Gratuity payouts for retired Government Auxiliary Employees (CAE) with a minimum of 10 years of service.

Growth in the tourism sector 

The government increased the number of different airlines to the destination with Caribbean Airlines, InterCaribbean Airlines and JetBlue Airlines to the country’s airlift. The “Venture Deeper” tourism brand campaign was launched to diversify tourism initiatives.

Honourable Dr. Drew and his administration welcomed the world’s largest cruise liner, Wonder of the Seas, to its port. Additional, extended discounted value-added tax days to three times a year – in Easter, Summer and Christmas festive seasons. And duty-free import of food up to 400lbs, including a duty-free allowance of US$200 for travellers and non-commercial importers.

Changes in the country’s legislation

The Government of St Kitts and Nevis improved its good governance by implementing changes to laws being passed to support and protect the country’s diverse communities, which include:

• A Domestic Violence Act to protect women, men and children who are exposed to and affected by domestic violence.
• Alterations were made to the Eastern Caribbean Central Bank legislation, and the African Export-Import Bank (Afreximbank) Agreement Act was created for the country to access ECD$1.5 billion of capital to develop projects in electricity and energy, water and various other sectors.

Housing project launched 

The government commitment is to build 2,400 affordable hurricane-resilient smart homes in four years that will be built in four phases. Each phase will construct 600 homes, with features for each new homeowner to enjoy, including a water tank and a rooftop water heater in each home.

Growth in the healthcare sector 

Honourable Dr. Drew added that there are healthcare initiatives to provide essential healthcare to disadvantaged children through paying for emergency overseas medical care. This initiative saved over thirty sick children in the twin federation.

The above accomplishments were achieved by critical steps to preserve the economy and tourism sector. St Kitts and Nevis’ economy ricocheted in the last year with significant growth in the agriculture, financial services, and tourism sectors. As well as advancing the Citizenship by Investment (CBI) Programme, with new regulations to maintain competitiveness in the Caribbean and in the rest of the world.

The government placed emphasis on job creation and permanent employment opportunities for the country’s people, these subsequently boost the economy and significantly improve the livelihood of citizens.

The Government of St Kitts and Nevis’ vision is to evolve the country into a Sustainable Island State by focusing its governance on integrity, transparency, and accountability. Their commitment is to build a stronger country and empower its citizens.

Secretary of St Kitts and Nevis Citizenship by Investment Programme
Government of St. Kitts and Nevis
00-1-869-467-1474
communications@skn-ciu.com

GlobeNewswire Distribution ID 8899755