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Viv challenges Siri with first on-stage demo

Viv first on stage demo

Viv, a virtual assistant with Artificial Intelligence, was demoed on stage at an event named Disrupt Hackathon 2016 in New York City. The live demo of the next generation voice assistant was impressive and received applauds from the crowd seated below.

Creators of Apple’s Siri Adam Cheyer &Dag Kittlaus along with a team, had made this future virtual assistant integrating with different services. As they had already stated about its demo last week, working performance was shown on live stage. Kittlaus introduces Viv to the audience present at the event.

Leon Nicholls Made Amazon’s Alexa, Google Now and Apple Siri voice services talk too each other 🙂

The presentation carried out in a way that the co-founder of Viv started asking different questions regarding the weather to which the AI voice assistant had responded very quickly with accurate answers. Mr.Kittlaus had given some tasks on voice to Viv, which were performed in a very less time.

He also explained the working process of Viv, which differs from most of the existing virtual assistants. As most of them rely on hard code finds tough to decode when different accent or typical questions are given. Such problems do not occur with Viv since it is capable of generating its code quickly by picking up keywords and information points. It will be functioning as a personal assistant in the case of Interpretation and decoding.

NEW VOICE ASSISTANT WITH AI TECHNOLOGY BY CREATORS OF SIRI

Kittlaus called Viv as “software that’s writing itself”. Due to this ability to generate dynamic code, it can scale extremely quickly, adapts to the accent of the users and queries thrown at it, rather than relying on the built-in system. He described that the personal assistant’s success is mainly due to the integration with third-party services like Uber and Venom.

On speaking about the rumours of Viv’s acquisition he said that “Yeah you’ve heard about them, you can read about it probably.”The founders of Viv had already turned down the offers regarding the acquisition made by the Tech giants and expressed their decision to travel alone.

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During the presentation, he showed the internal working of the virtual voice assistant. He quoted that” For consumers Viv is the Intelligent interface to everything whereas for developers it’s the next major marketplace and channel for offering content, commerce and services.

The third party mobile application is at the final stage of development and expected to launch by the end of this year.

NEW VOICE ASSISTANT WITH AI TECHNOLOGY BY CREATORS OF SIRI

new voice assistant Viv

As of today, everyone is well aware of the voice assistants which all the leading platforms are providing. Most popular of them are Apple’s Siri and Cortana of Windows. Now a new voice-based virtual assistant which works on Artificial Intelligence is on the cards and would be unveiled within a week. Siri was third party application before acquisition by the Tech giant. It was developed by Dag Kittlaus and Adam Cheyer who now are working for the new virtual assistant called Viv.

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About one-third of the team who are behind Siri app left Apple differing them regarding the functionalities of Siri. Now all of them are under one roof working for the new project. The concept of Viv was started in 2003 and its functionality is far better than the Siri.

Viv is built on Siri’s foundation but it is even more powerful because of its Artificial Intelligence technology. It can do various things and go well ahead of the apple’s assistant regarding performance. The new AI assistant would more flexible and would give the feel of a human assistant. It was developed with a vast database along with the significant partnerships of third party services.

Apple ready to pay $24.9 million to Dallas Company to settle Siri patent

The theme behind the making of Viv is to make users connected with businesses and service providers without any typing just by giving voice-based commands. It can do a lot of works like ordering a pizza, flowers or booking a cab. It would read out a lot of options available and gives the user the option to choose.

Siri’s creators Dag Kittlaus and Adam Cheyer had integrated these kinds of functionalities in Siri but later trimmed by the Apple management as they have different views. They are planning to avail Viv to various platforms as a part of their goals and they don’t want to repeat the mistake of selling it to others as they have done in the case of Siri.

It is reportedly known that Facebook and Google had already trying to own Viv due to its high potential. The developers of Viv are still working on the new technology and want their new assistant inside TV’s and cars. More information would pop out soon as Viv would be revealed to the world on May 9 at an event called Major Industry Conference.

Leon Nicholls Made Amazon’s Alexa, Google Now and Apple Siri voice services talk too each other 🙂

DBS ‘digibank’ first Mobile-Only Bank AI Based virtual assistant

digibank app

DBS Bank becomes India’s first mobile-only bank, uses AI-based virtual assistant targeting 5 million customers.

Asia’s leading bank, Development Bank of Singapore is shaping the future of banking with Kasisto’s conversational Artificial Intelligence platform. Currently, DBS is operating around 12 branches in tier-1 cities. DBS made an announcement that KAI platform is powering the virtual assistant in mobile-only bank (Digi bank) launched in India.

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Development Bank of Singapore is currently operating around 12 branches in tier-1 cities. DBS has the target of expanding to 50 branches by 2018. DBS unveiled digibank, India’s first mobile-only bank, targeting 5 million retail customers. The bank said Digibank will bring together the ground breaking technology from biometrics to artificial intelligence for customers.

Digibank is breaking the norm of banking with their cumbersome processes and onerous form-filling, to a signature less, paperless and branch less bank.

Because of some policies under Comprehensive Economic Cooperation Agreement (CECA), Singapore did not allow Indian banks viz., State Bank of India and ICICI Bank to grow its reach in their market. As a reciprocal strategy, Indian government stopped the expansion of DBS bank into its retail operation in India.

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To strengthen its roots, it completely implemented the digital branch which works on the principle of artificial intelligence. Since there is no paperwork needed, customer authentication is done using the Aadhaar card, a biometrics-enabled ID which has been issued to over one billion Indians.

Personalised profile and customised Quicklinks – Customers can customise their own profiles with a picture or nickname, and can also create short-cuts for their favourite mobile banking services (First in industry)
• Payments made easier – Customers can use a list of recent and favourite payees for faster transactions (First in industry)
• Instant account opening – Customers can open an additional banking account with just a few simple steps
• Touch ID – Customers can log on to their account securely with their fingerprint

DBS global CEO Piyush Gupta said, the bank is targeting five million bank accounts in India with its wallet services and digibank. DBS bank had invested Rs.6, 500 crore in India so far. He also added, “We selected India over other countries like China for the initial launch as the required infrastructure is already in India”.

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Account-holders earn 7% interest from the first rupee, one of the highest in the market
• Customers enjoy unlimited free cash withdrawals at over 200,000 ATMs nationwide
• There are no minimum balance requirements
• A physical debit card, which comes with the account, can be used across all Visa-enabled online and point-of-sale transactions, as well as overseas

Piyush Gupta also said that, we will launch Digibank in China and Indonesia next and “we want to build a liability book of Rs.50, 000 crore and an asset book of Rs.10, 000 crore in the next two-three years on this platform.”

Customers, who are having existence account with DBS, can take the advantage of it to transfer funds to Digibank. Customers can login to app to open a digital wallet of their own.

DBS has bargained with US-based fintech Kasisto, startup providing AI-centric customer solutions, to provide virtual assistance to customers. DBS says, instead of using the One Time Password (OTP) authentication of transaction on mobile phone, it uses ‘Dynamic Inbuilt Security’. Users no need to wait for OTP and type it in to authorize the transaction because it done automatically.

DBS takes 90 seconds to open an e-wallet, without the need of any signatures or paper. This e-wallet will also offers discounts and coupons at select merchants.

Customers need to submit your Aadhaar card and Biometrics for authentication at any of the 500 Cafe Coffee Day outlets which have partnered with DBS for the same. The DigiSaving offers 7% interest on your savings and cashback upto 10% on shopping.