NEC X fast-tracks technologies and innovative business ideas intended to promote the betterment of society now and in the future. Working with Silicon Valley’s incubator and accelerator ecosystem, it leverages cutting-edge technologies emerging from NEC’s global R&D networks and research and development facilities.
Winners for the 2021 Global Finance Magazine Innovators Award, NEC X and OppLane are recognized for “Outstanding Innovation in Corporate Finance” for the PII Data Privacy Framework, ID Redact. With ID Redact, banks can better meet data privacy compliance through an advanced AI model with context awareness to achieve up to 98% accuracy in attributed data detection. The collaboration lowers financial institutions’ operational overhead, while using advanced data acceleration servers.
We build on the strength of NEC’s technologies to accelerate the development of innovative products and services. Our team seeks out those driven by an entrepreneurial spirit, cultivating competitive technologies and human resources to make important contributions to NEC’s creation of new social value. Best in Biz recognized us as the “Most Innovative Company of the Year” for the small company category with a silver award.