Robotics & Automation News

Market trends and business perspectives

bank

How to Implement RPA for your Bank

by Leave a Comment

Robotic Process Automation is becoming more and more practical in almost every industry. In banking, this begs the question, should banks be adopting RPA? The answer is yes! This article explores how banks can implement RPA for their organization.

The introduction of RPA has greatly impacted the banking industry. In a world where banks are managing large volumes of information, RPA can save time by taking repetitive tasks off the hands of humans. It leads to fewer errors, eliminating financial loss and benefiting the bank. [Read more…] about How to Implement RPA for your Bank

Everything You Need to Know about Bitcoin Bank!

by Leave a Comment

Bitcoin Bank is a leading trading software, is designed to help you trade Bitcoin with ease and confidence.

Since bitcoin appeared on the market in the aftermath of the 2008 global financial crisis, cryptocurrencies have outperformed every other financial asset class.

The underlying blockchain technology that underpins cryptocurrencies has been hailed as revolutionary, with major firms such as Facebook and Samsung spending billions of dollars in the field. This solidifies cryptocurrencies as a reliable financial asset class that should not be overlooked.

Although it has only been a little more than a decade since Bitcoin was created, cryptocurrencies have already established themselves as a viable asset class that no investor expecting massive returns should overlook. Bitcoin Bank ensures that investors of all levels get off to a good (and profitable) start and stay there. [Read more…] about Everything You Need to Know about Bitcoin Bank!

The Complete Guide to Bitcoin and How it is Transforming the Future of Money

by Leave a Comment

Bitcoin is a decentralized digital currency that has been around since 2009. Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator.

Bitcoin can be used to buy things electronically without needing to use a bank, and it can also be traded like other currencies at online exchanges.

Bitcoin is not backed by any government or central bank, but instead by math and cryptography. Bitcoin Prime is one of the best bitcoin buying which can provide you all the authentic information about investing in bitcoin. [Read more…] about The Complete Guide to Bitcoin and How it is Transforming the Future of Money

sharetoo – mobility by Porsche Bank supported by MOQO

by Leave a Comment

Porsche Bank expands its sharing for companies and communities

Under the brand “sharetoo – mobility by Porsche Bank”, the Austrian financial services provider for motor vehicles has been involved in the car sharing market for several years.

Currently, sharetoo services are available in Austria, Romania and Serbia. Porsche Bank plans to add to its portfolio by rolling them out in other countries as well. As a partner, Porsche Bank relies on the shared mobility experts from MOQO in Aachen, Germany. [Read more…] about sharetoo – mobility by Porsche Bank supported by MOQO

What is Spear Phishing? Tips to Prevent it

by Leave a Comment

The type of phishing which is highly used by intruders these days is spear phishing. Basically, spear-phishing is an attempt to steal sensitive data such as financial information by sending email to targeted individuals or organizations.

This is achieved by collecting personal details of the target, such as frequent locations, hometown, friends, and online purchase details. The receiver is so well-researched that the spear phisher can send personalised emails provoking their emotions.

For this reason, the receiver clicks on the mail without giving a second thought, and the purpose of cybercriminal hacking or stealing the information about bank details is met. [Read more…] about What is Spear Phishing? Tips to Prevent it

Thai agritech startup to use satellite images and AI for farming

by Leave a Comment

A startup company in Thailand called Ricult is planning to use satellite imagery and artificial intelligence to provide precision agritech services to farmers.

The company recently raised $2 million in new investment, bringing its total funding to $5 million, according to Nikkei. Among its backers are the Bill and Melinda Gates Foundation, and Bangkok Bank.

Ricult – which takes its name from the middle of the agriculture – says it is particularly targeting small-scale farmers with its services. [Read more…] about Thai agritech startup to use satellite images and AI for farming

Automated transport ‘could propel development forward’, say World Bank analysts

by Leave a Comment

Automated transportation and mobility systems – such as autonomous cars, driverless trains, elevators, escalators and moving walkways – “could propel development forward” for the global economy, according to World Bank analysts.

Writing on the World Bank blog, Michael Lokshin, lead economist, Europe and Central Asia, and David Newsom, retired World Bank senior IT manager, say that although the vast majority of new transportation ideas do not succeed, innovation should nonetheless be encouraged.

“Despite impressive technological strides, attempts to automate transport operations are usually met with reactions that can range from mild skepticism to downright hostility,” say Lokshin and Newsom in their article. [Read more…] about Automated transport ‘could propel development forward’, say World Bank analysts

MIT adapts Ava Robotics platform to build robot to disinfect Greater Boston Food Bank

by Leave a Comment

A robot built by MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) has disinfected the Greater Boston Food Bank. (See video below.)

The robot uses ultraviolet-C light to disinfect a warehouse floor “in half an hour”, and could one day be employed in grocery stores, schools, and other spaces.

CSAIL developed the robot in partnership with Ava Robotics and the GBFB, and says the system “powerfully disinfects surfaces and neutralizes aerosolized forms of the coronavirus”. [Read more…] about MIT adapts Ava Robotics platform to build robot to disinfect Greater Boston Food Bank

Robotics one of the hottest investment sectors of the decade, says Silicon Valley Bank report

by Leave a Comment

Entrepreneurs have invested more money in robotics than all other sectors combined, according to a new report by Silicon Valley Bank.

In a report called The Future of Robotics, SVB says: “Investment in robotics has significantly outpaced the rest of venture (financing), making robotics one of the hottest sectors of the decade.”

SVB’s data shows that robotics venture capital funding represented 55 percent of all venture financing (see bar chart below). [Read more…] about Robotics one of the hottest investment sectors of the decade, says Silicon Valley Bank report

Robots and AI playing their part in coronavirus cleanup

by Leave a Comment

As China finally ends the lockdown it imposed on Wuhan about two-and-a-half months ago, we look at some of the cleanup operations involving robots and artificial intelligence in the country.

UBTech Robotics has been at the forefront of robotic and AI implementations fighting Covid-19 away from of hospitals. Below are some examples.

Back to school

At the school gates of two major middle schools – Kunming Number 3 Middle School and Kunming Dianchi Middle School – in Yunnan province, southwest of China, students returning from prolonged absence for Covid-19 fear are now greeted by a robot instead of a human. [Read more…] about Robots and AI playing their part in coronavirus cleanup