MindBridge awarded as Technology Pioneer by World Economic Forum
- The World Economic Forum announced its selection of over 100 of the most promising Technology Pioneers of 2020, who are shaping industries from agriculture to healthcare while also working on sustainability issues and much more.
- Many Technology Pioneers are also using their tech to support COVID-19 responses around the world.
- MindBridge, which develops human-centric AI solutions for the detection of risk and insights in financial datasets, made it to the selection for its contributions in transforming the accounting and financial services professions in analysing data.
- The full list of recognized Technology Pioneers can be viewed here.
Ottawa, Ontario, June 16, 2020 – MindBridge, a leading provider of artificial intelligence-based risk and anomaly detection solutions for the financial services industry, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. MindBridge was founded in 2015 and continues to be a global AI success story from Canada, with over 300 customers signed in 14 countries, addressing critical needs within the accounting and financial services markets.
The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. Technology Pioneers community is an integral part of the larger Global Innovators community of start-ups at the World Economic Forum.
Following its selection as Technology Pioneer, MindBridge CEO Eli Fathi will be invited to participate at World Economic Forum activities, events and discussions throughout the year. MindBridge will also contribute to Forum initiatives over the next two years, working with policymakers and private sector leaders to help define the global agenda on key issues.
“We’re excited to welcome MindBridge to our 20th cohort of Technology Pioneers,” says Susan Nesbitt, Head of the Global Innovators Community, World Economic Forum. “MindBridge and its fellow pioneers are developing cutting edge technologies all over the world. Beyond their innovations, these firms are contributing greatly to improving the state of the world.”
“We are honored to be acknowledged as a technology pioneer by the World Economic Forum,” said MindBridge CEO Eli Fathi. “Organizations around the world today trust MindBridge to identify risk and extract insights from their financial data. This recognition is confirmation that MindBridge’s solution is transforming how we proactively address areas of risk, fraud, and understand patterns in financial data that we couldn’t previously do. We look forward to continued collaboration with the Forum on these critical challenges.”
This year’s cohort selection marks the 20th anniversary of the Tech Pioneers community. Throughout its 20-year run, many Technology Pioneers have continuously contributed to advancement in their industries while some have even gone on to become household names. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Palantir Technologies, Spotify, TransferWise, Twitter and Wikimedia.
2020 Tech Pioneer firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. The diversity of these companies extends to their leadership as well, as over 25% of 2020 Tech Pioneers are female led. The firms also come from regions all around the world, extending their community far beyond Silicon Valley. The full list of Technology Pioneers can be found here.
Technology Pioneers have been selected based on the community’s selection criteria, which includes innovation, impact and leadership as well as the company’s relevance with the World Economic Forum’s Platforms.
All info on this year’s Technology Pioneers can be found here: http://wef.ch/techpioneers20
More information on past winners, information on the community and the application link can be found here.
About MindBridge: MindBridge is a venture-backed FinTech company based in Ottawa, Canada. Through the application of machine learning and artificial intelligence technologies, the MindBridge platform detects anomalous patterns of activities, unintentional or intentional errors (fraud). Using MindBridge, organizations across multiple industries can minimize financial loss, reduce corporate liability, and focus on providing higher value services to their clients.
About World Economic Forum: The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org).
About the Global Innovators:
The Global Innovators Community is a group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation. The World Economic Forum provides the Global Innovators Community with a platform to engage with public- and private-sector leaders and to contribute new solutions to overcome current crises and build future resiliency.
Companies who are invited to become Global Innovators will engage with one or more of the Forum’s Platforms, as relevant, to help define the global agenda on key issues.