Industry Insider

Australia’s new digital ID scheme falls short of global privacy standards. Here’s how it can be fixed

Australia’s new digital ID system promises to transform the way we live. All of our key documents, such as driver’s licences and Medicare cards, will be in a single digital wallet, making it easier for us to access a range of services.

ASIC warns governance gap could emerge in AI adoption

ASIC is urging financial services and credit licensees to ensure their governance practices keep pace with their accelerating adoption of artificial intelligence (AI). The call comes as ASIC’s first state of the market review of the use and adoption of AI by 23 licensees found there was potential for governance to lag AI adoption, despite current AI use being relatively cautious.

Automate with Confidence

The goal of Intelligent Document Processing (IDP), or indeed any form of document automation, is no-touch or ‘straight-through’ processing, eliminating the need for time-consuming and often tedious manual intervention. Automation is easy, but accurate automation is not: historically, many IDP systems have failed to achieve this key outcome.

Pace of change leading to rushed technology decisions: KPMG 

Most Australian technology leaders (81%) feel it is difficult to keep up with the pace of change, with 76% recognising their own role has evolved significantly over the past 2 years, according to new research from KPMG.

Social Media Companies Struggling to Combat 'Sophisticated' Data Scraping

More than a year after their joint statement calling on social media companies (SMCs) to protect personal information on their platforms from unlawful data scraping, an expanded group of global privacy authorities has outlined progress so far.

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Breaking news

ABBYY fine tunes AI for document processing

ABBYY has previewed a suite of new capabilities for purpose-built AI at Ascend 2024, its inaugural technology and product showcase event held this week. A new multi-modal approach to zero-shot learning was previewed, known as ABBYY Phoenix, which leverages small language models and is purpose-built for document tasks.

Global Management Toolkit for Enterprise Gen AI

boost.ai, a developer of of conversational AI (CAI) solutions, has launched a new suite of tools designed to enhance the global management of guardrails and knowledge. The new toolkit, named Generative Action Management, will make it easier for enterprise customers to scale the use of Generative AI.

Kodak Alaris Integrates Generative AI With IDP Solution

Kodak Alaris has announced the integration of generative AI with its Intelligent Document Processing (IDP) software, KODAK Info Input Solution. This new capability makes it easy for organizations to delegate more work to trusted AI services to automate complex document processing tasks with improved speed and accuracy.

Rossum unveils Aurora 1.5 AI Engine and Copilot

Rossum has announced an update to its intelligent document processing (IDP) solution Aurora 1.5, along with the release of a new Rossum Copilot, which allows users to define data transformations using natural language commands.

Tarsal announces Syslog-based Unstructured Data support

Tarsal claims a major enhancement to its open-source project, kflow, which now includes robust syslog capture and forwarding capabilities, will redefine how organizations manage unstructured log data

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