Author: OurCrowd

[Zoomcar in Business Standard] How an American launched Zoomcar in India, and now plans to go international

In 2011, Greg Moran spent three months traveling across India, talking to thousands of people for what he says was primary research for his fledgling startup idea: to launch a car rental service in Asia’s fastest growing economy. The New York resident decided to marry his passion for environment and numbers, and launched Zoomcar in India – where less than 10% of city residents own cars, and public transport can often be a nightmare. Read more on Business Standard...

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[BioCatch in PR Newswire] NatWest deploys BioCatch behavioural biometrics technology to help combat fraud

BioCatch, the global leader in behavioural biometrics announced today the successful trial of its technology at NatWest. NatWest is one of the largest banks in the UK and serves over 14 million customers. The BioCatch technology has been deployed at the Bank since the start of 2016 within Coutts and with some business customers and continues to successfully prevent online fraud attempts, helping to protect customers. The next step of the plan is to pilot the technology with NatWest personal banking customers later in 2017. BioCatch’s system captures more than 500 points of behaviour such as hand-eye coordination, pressure, hand tremors, navigation, scrolling and other finger movements amongst other things to create a unique user profile. Via continuous authentication, it is also able to recognise anomalies in behaviours from the point of login and throughout the entire session. This allows BioCatch to distinguish the normal human behaviour of an authorised user from that of an unauthorised user, as well as to recognise automated BOTs, RATS, malware and other malicious account takeover attacks, where the victim is typically unaware that...

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[Maniv Portfolio Company in TechCrunch] Nexar’s vehicle-to-vehicle network will use dash cam AI to prevent accidents

Cars are on their way to pooling their collective smarts, but vehicles that have built-in communication tech and intelligence processing are still a ways off for many. Nexar is a startup hoping to make collective collision avoidance a more achievable reality in the short-term, using their Ai-based dash cam app. Nexar’s app is available for iOS and Android, and uses your phone’s camera to monitor the road ahead as you drive, recording events when it detects danger using its artificial intelligence engine. The video of the event is then automatically uploaded to the cloud for later reference, and the phone also logs sensor data to help recreate a simulation of what happened to your vehicle at the moment of the incident. Read more on TechCrunch...

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[Argus in PR Newswire] Argus Cyber Security, EverCharge, and PolySync selected as top three automotive startups

AutoMobility LATM, the convergence of LA Auto Show’s Connected Car Expo® and its Press & Trade Days, today announced that Argus Cyber Security, EverCharge, and PolySync have been selected as the top three companies in 2016’s Top Ten Automotive StartupsTM competition. The three startups will receive a live mentoring session from legendary Silicon Valley investor, Bill Tai, which will take place inside the Technology Pavilion (located on the Los Angeles Convention Center campus) at 4:20 pm on Wednesday, Nov. 16. Selected from more than 100 original applicants, Argus Cyber Security, EverCharge, and PolySync were chosen from the 2016 Top Ten Automotive Startups as standouts in this year’s competition, thanks to their innovative use of forward-thinking technology to better service future transportation and mobility needs. Read more on PR Newswire...

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