Dec 14, 2023 — Wizpresso Factify, the innovative AI verification solution, has won the AI of the Year award at APICTA 2023. Competing against over 250 projects from 16 economies, Wizpresso Factify also received a Merit Award in the FinTech category. The achievement was featured by the Hong Kong Economics Journal (HKEJ), highlighting the platform’s ability to transform the IPO document verification process with advanced AI technology.
Wizpresso Factify has gained significant recognition and adoption by streamlining IPO document verification through the utilization of NLP technology. With over 60% of local law firms already adopting this cutting-edge tool, businesses have experienced a remarkable workload reduction of over 70%, enabling them to focus on critical tasks.
Calvin Cheng, the founder and CEO of Wizpresso, highlighted the impact of Wizpresso Factify, stating, “By leveraging NLP, Wizpresso Factify has revolutionized the verification process for IPO documents. Its widespread adoption among local law firms reflects the time-saving capabilities it offers. We are thrilled to witness the positive impact it has had on businesses.”
The recognition received at APICTA 2023 and the feature by HKEJ are testaments to Wizpresso’s commitment to advancing AI and FinTech capabilities and driving digital transformation across various sectors. Moving forward, Wizpresso remains dedicated to research and development, focusing on innovation and providing advanced solutions that shape the future of technology in Hong Kong and beyond.
About Hong Kong Economic Journal (HKEJ)
The Hong Kong Economic Journal (HKEJ) is a renowned financial and business newspaper based in Hong Kong. Founded in 1973, HKEJ has established itself as one of the leading Chinese-language newspapers in the region. It provides in-depth coverage of local and international financial news, business insights, market analysis, and features articles on a wide range of topics including economics, finance, politics, technology, and more.