Appointment of Chief Innovation Officer
22/09/2022 07:00
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RNS Number : 2155A Tintra PLC 22 September 2022
22 September 2022
TINTRA PLC
("Tintra", the "Group" or the "Company")
Appointment of Chief Innovation Officer
The board of directors (the "Board") of Tintra, the rapidly innovating Banking
& Technology business, is pleased to announce the appointment of Dr Davy
Smith as Chief Innovation Officer ("CIO") as the Group continues to execute
its plan to build global banking infrastructure driven by Artificial
Intelligence and Natural Language Processing tools. While this is not a
Board position, the CIO will be responsible for execution of the existing
innovation strategy and to develop an informed future strategy for the
research, development, and integration of innovative new technologies relevant
to the mission of the Company. This includes, amongst other things, its
application of Artificial Intelligence/Machine Learning, augmented/virtual
reality and advanced methods for biometric and behavioural identification.
Dr Smith is a world-leading researcher, designer and strategist in the
application of innovative future technologies. A true visionary, Dr Smith
holds a PhD in neuro-evolutionary Artificial Intelligence from Queen Mary
University of London and has been published numerous times in papers covering
AI/ML algorithm design along with patent applications in blockchain
technologies.
Dr Smith has worked cross-sector alongside global industry leaders, including
with BBC R&D to develop adaptive real-time data-driven technology,
world-leading social media platforms along with the design and implementation
of future-facing Augmented Reality technologies. His work has more recently
spearheaded web3 innovations not least in being the co-inventor, alongside Dr
Lyske, of the Tintra patents registered earlier this year.
Dr Smith said, "While working with Tintra, I've been astounded by their
ambition, capacity to deliver where others can't and their inclusive ethos;
but mostly by their ability to embrace innovation in a realistic and visionary
capacity. I'm truly excited to be joining the Company on this journey to
develop innovative solutions which will solve the hugely important problem of
global fiscal inclusivity."
Dr Joe Lyske, Tintra's Chief Science Officer says "The appointment of a Chief
Innovation Officer demonstrates Tintra's commitment to new innovative
practices; a further differentiator from our traditional competitors.
Whilst our future hire of a CTO will oversee the integration of our innovation
with traditional technologies. My role as CSO is to ensure Tintra continues
to measure the effectiveness of its offering in a way that allows for constant
improvement. The CIO position will drive the practical development of research
outcomes to enhance Tintra's unique innovations of redefining current banking
practises."
Richard Shearer, Tintra's CEO, said, "Having worked with Dr Smith this year I
have been constantly astounded by his ability to think round very difficult
corners and to make sense of abstracts. Having a bold vision is one thing but
it is execution on which success is built.
We are executing at pace across a number of verticals and the speed of
innovation is such that we need a futurist to be able to make sense of what we
are doing, compartmentalise it and then turn that into technology that is then
buildable. We are passionate beyond words about our mission of creating true
emerging market financial inclusion and Davy not only shares that vision, but
he also understands how we do it and has the passion to make it a reality.
I am thrilled that someone of his talent, drive and vision is joining with us
to use Artificial Intelligence to make Real Change™."
Dr Smith currently holds no shares in the Company.
For further information, contact:
Tintra PLC 020 3795 0421
(Communications Head)
Hannah Haffield
h.haffield@tintra.com
Website www.tintra.com
Allenby Capital Limited 020 3328 5656
(Nomad, Financial Adviser & Broker)
John Depasquale / Nick Harriss / Vivek Bhardwaj
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