Browsing: recognition

Structured data extraction from text has plenty of uses in data analysis and myriad applications, including building predictive machine learning models. Named entity recognition (NER) is a clear example of this: it consists of transforming unstructured, messy text into structured data as a result of identifying, extracting, and categorizing relevant information.

Revolut is trialing a new facial recognition system in the UK that could be convenient but controversial, the company announced. The company says its Pay with Smile system is the UK’s first in-store facial recognition system and has no processing fees for merchants. It’s only being offered at select Kiss the Hippo coffee locations in…