China’s Leading Cutting-edge Artificial Intelligence Company
Event: KPMG x Department of International Trade “DIT FinTech competition”, 2017
Location: KPMG, Causeway Bay, Hong Kong
Speaker: Jenny Wong, Project Manager at SenseTime Group
Video Journalist: Anson Bailey (Special correspondent from KPMG)
Anson: Good evening. I’m here at the DIT Fintech competition. I’m here with one of the contestants Jenny Wong project manager with SenseTime Time group. Good evening Jenny. How are you? Good evening I’m actually doing very well tonight. Great to see you. I just want to get your thoughts and ideas about the DIT Fintech competition this evening. How did you find it?
Jenny: I found it extremely exciting actually. I was very surprised by the energy and enthusiasm of every one of the participants tonight myself including. I would say that’s very interesting to see how many diverse solutions that we have witnessed tonight. We have chatbots. We have financial advisories. We have wealth management solutions and with SenseTime we have even a facial recognition solution. So I would say that it’s a very eclectic mix of solutions that we’ve seen tonight.
Anson: And Jenny what were some of the key messages that you’ve heard this evening from the fintech competition?
Jenny: Right, I would say that tonight is more about innovation and trying to step out of the box, trying to create some of those solutions that we are not commonly seeing within the market and also trying to solve a lot of the problems that are inherent within the system. Some of these problems are existing for quite some time right now. I could say that with the technology we can take a step further and try to solve that.
Anson: And Jenny, just looking at 2018, are there any interesting technologies or innovation that we should be thinking about?
Jenny: I would say that computer vision based solutions for example what we’re doing here at SenseTime, facial recognition or even OCR-related technologies to expedite processes and business efficiency. It is something that we’ll be seeing a lot more because that caters to both the end consumers and also to expedite the efficiency of business processes itself. So both the front and the back-end will see a lot of greater efficiencies.
Anson: Okay. And perhaps just a final thought in terms of any words of wisdom to those fellow fintech entrepreneurs. Any words of advice for them?
Jenny: I would say that be brave. Don’t be afraid to step out of the box. There are always solutions that people have never thought of. And so it’s just a matter of being creative and also using what you’re good at. And also remember to give a good pitch with the right amount of enthusiasm and confidence.
Anson: Okay great! Ladies and gentlemen I’m here, Jenny Wong from SenseTime Group at the DIT fintech competition. Thank you very much.
ABOUT SENSETIME GROUP
As China’s leading cutting-edge artificial intelligence company, SenseTime focuses on innovative computer vision and deep learning technologies. As the world’s leading deep learning platform developer, SenseTime is dedicated to creating industry solutions via innovations in AI and big data analysis. With the goal to “Lead AI innovation to power the future”, SenseTime has established China’s largest and only self-developed deep learning supercomputing center, establishing itself as the largest supplier of AI algorithms in the country.
SenseTime has collaborated with many well-known strategic partners and clients, equipping multiple businesses with AI technology. SenseTime’s multifunctional technology is rapidly expanding and already encompasses facial recognition, image recognition, intelligent video analytics, autonomous driving, and medical image recognition.
KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. They operate in 152 countries and regions, and have 189,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
ABOUT DEPARTMENT OF INTERNATIONAL TRADE (DIT)
DIT helps UK-based companies succeed in the global economy. We also help overseas companies bring their high-quality investment to the UK’s dynamic economy. DIT offers expertise and contacts through its extensive network of specialists in the UK, and in British embassies and other diplomatic offices around the world. We provide companies with the tools they require to be competitive on the world stage.
ABOUT DIT FINTECH AWARDS
The DIT Hong Kong FinTech Awards offer businesses an exciting opportunity to explore one of the world’s leading FinTech eco-systems in the UK and get connected to potential clients, peers and investors. The Awards aim to promote the UK as an attractive location for Hong Kong’s FinTech companies to invest in whilst providing a fertile environment for local start-ups and entrepreneurs.