ABC TECHNOLOGY AMONG IDC’S 101 FASTEST GROWING ASIA-PACIFIC FINTECH COMPANIES

KUALA LUMPUR, April 2 -- Fintech startup, ABC Technology has been recognised by research firm, IDC as among the 101 fastest growing fintech companies in the Asia-Pacific region (excluding Japan).

“We are humbled and honoured to receive this recognition from IDC. It shows that our deep learning-based solution is being embraced and adopted quickly by the market, especially by forward-looking organisations that leverage leading technologies to stride ahead,” said ABC Technology founder and chief executive officer, Mason Yang.

According to a statement, the IDC FinTech Fast 101 List names the fastest growing fintech players based on extensive on-ground analysis of the dominant fintech players within the region.

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Fintech companies were evaluated on fintech data across key metrics such as addressable market, customer adoption, investments, chance of survival, innovation and marketing.

The list covers 10 major markets, namely Australia and New Zealand, China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea and Thailand.

The fintech solution provider lets organisations harness the power of artificial intelligence (AI) to solve problems. Its machine learning platform automates the entire data processing cycle from collection using optical character recognition, extraction, search, analysis, and visualisation, to reporting from both unstructured and structured data sources.

In the next quarter, ABC Technology plans to roll out ready-made AI solutions for fund management, investment banking, private equities and commercial/retail banking industries in the Asia-Pacific region.

More details at www.abcfintech.com.

-- BERNAMA