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GAME CHANGING: WORLD’S FIRST ON MOBILE DEVICE NEURAL TEXT-TO-SPEECH SYSTEM RELEASED BY CEREPROC

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CereProc has today launched the world’s first on mobile device neural Text-to-Speech (TTS) system commercially available for Android and iOS operating systems. Using machine learning, CereProc’s new CereWave AI V6.1 system not only sounds indistinguishable from human speech, but it allows customers to run neural TTS voices on mobile devices, a technology currently not being offered by any other TTS provider.

 

“This is a major step forward for speech synthesis technology and allows users who have security and privacy concerns to access CereProc’s neural voices locally on-device, preventing sensitive information from being sent to and from web-based servers,” comments Dr Matthew Aylett, Chief Scientific Officer at CereProc and a leading authority on speech synthesis.

 

“CereWave AI 6.1 supports 24khz for increased clarity, naturalness in the linguistic intonation of CereProc’s voices and allows CereProc to create the most customisable and expressive voices available with as little as 3 hours of data.”

 

CereWave AI 6.1 also offers a machine learning powered editing suite, enabling complete control over CereProc’s neural voices which allows for modification of rate, pitch, amplitude, and emotional expressions. This is a major feature for markets such as healthcare, consumer electronics, retail, transport and large enterprises, where expanded synthetic speech functionality is increasingly in demand, as it gives customers the ability to customise genres for custom voices that reflect the needs of their individual businesses. For instance, an app for healthcare may require a custom voice with an empathic genre to create trust with users. CereProc can now create such a voice for as little as $10,000 USD. These markets, alongside automotive, finance and education, are accelerating the growth of TTS – in fact, forecasts from Technavio predicts the TTS market will hit a value of $1.76bn by 2022.

 

“This is a game changing moment for the speech synthesis industry and the billion-dollar Text-to-Speech market. We have managed to overcome one of the most notable limitations that has challenged the major vendors for years. I couldn’t be prouder of the team for making this happen, it’s a huge step forwards for both us as a company and the wider industry, ” commented Paul Welham, Executive Chairman of CereProc. “This offering is particularly attractive to customers in any vertical market or system integrators/ application developers, who want to their users to access high quality neural voices anywhere, securely.”

 

Alongside the launch for CereWave AI 6.1, CereProc are also launching new Norwegian voices in the Bokmål and Nynorsk dialectics, with Lithuanian voices to follow in early 2022, expanding CereProc’s commercial reach across Norway and Lithuania.

 

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Transact365 launches seamless cross border payments in India

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  • Transact365 enables merchants to transact locally in India
  • Merchants can partner directly with Transact365 without needing to source local partners
  • Transact365 offers two local solutions – Unified Payments Interface (UPI), and NetBanking 

 

UK-based fintech Transact365 has added local India payments for merchants.  By using Transact365’s gateway solution, merchants can access new opportunities in India without having to form local payment partnerships or establish an Indian company. The move ensures merchants now have access to over one billion Indian-based consumers enabling them to pay faster in a familiar way.

Transact365 offers two local solutions tailored to the needs of the Indian market – Unified Payments Interface (UPI) and NetBanking.

Developed by the National Payments Corporation of India – UPI is an instant, real-time payment system that facilitates inter-bank transactions through smart phone devices, powering multiple bank accounts into a single mobile application of the 274 participating banks. UPI facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.

NetBanking is a unique payment method facilitating online payment transactions in India. When a user makes a payment via NetBanking, the payment is initiated via the Transact365  gateway which allows the user to complete the transaction with the merchant in realtime in local currency.

Transact365 has also established a local payment distribution allowing merchants to pay clients in India in real time with fully automated api connectivity 247 365 Days a year.

Transact365’s launch in India is the first in a series of big market expansions planned for 2022. Having already expanded into Europe, Asia and Australia, Transact365’s payment gateway system ensures merchants of all sizes and sectors can access fast-growing markets seamlessly and quickly.

Dan Fernandez, CEO of Transact365, said: “We are pleased to announce that merchants can now use Transact365 to process payment transactions in India. By utililising local payment solutions, Transact365 ensures merchants can now facilitate payments in India, with users able to confirm their payment in a matter of seconds.

“Our expansion into India comes at an exciting time for the company. With customer and merchant demand for payment gateways rising, Transact365’s revolutionary system ensures more businesses are able to access consumers in rapidly expanding markets. Importantly, our launch in India will soon be followed by similar market expansion announcements throughout 2022.”

 

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Europe’s first blockchain neobank, BENKER, opens for pre-registration

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BENKER(http://www.benker.io/) is to become the first officially licensed blockchain neobank launched in Europe following approval by the Bank of Lithuania under the Electronic Money Institution (EMI) category. Now open for pre-registration, it is the first financial services provider in the European Union to operate entirely on blockchain.

The neobank will run on Natrix(https://natrix.io/), a purpose-built hybrid blockchain created for the financial sector to meet all GDPR, bank secrecy and regulatory requirements. BENKER will achieve the highest level of Compliant Client Autonomy, where users have complete control, autonomy and real freedom, assuring sustainability of the market where users and financial market participants are on the same level.

Viktor Bodnár, CEO of BENKER, hopes that the neobank will be a catalyst for fundamental transformation in personal finances, offering customers greater autonomy. On his vision for the future of the market, he said: “We’re introducing a new brand in financial services that can challenge the established order by extending existing legal and regulatory safeguards with the advanced technology-based guarantees achieved through blockchain. In obtaining our EMI licence we have been allowed to radically diminish client exposure to the actors of financial markets, and I see this as a move towards the ‘New World Order’.”

“By adding blockchain to the way in which customer accounts are managed securely, we are offering constant transparency, traceability and complete control over financial matters for our clients, creating the highest level of freedom. This is what we’re calling Compliant Client Autonomy and it’s an idea that is at the heart of BENKER.”

Following a two-year planning, development and application phase, and now with its EMI licences receiving full approval, the neobank will offer services for both individuals and SMEs, and a platform on which to buy and sell gold.

Bodnár finished: “We’ve worked hard to create a fully compliant and secure blockchain neobank, and I’m delighted that it is now going live in 2022. The result is a system in which clients and service providers are finally on the same level, and within all legal and regulatory requirements. This will make managing personal finances in the future more efficient than ever.”

 

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