Visual Connections Partners with Deep Labs on $49M HHS-PSC IAAI Award

Visual Connections, LLC (VC) has secured an unrestricted, prime award as a SDVOSB, HUBZone Small Business for the Department of Health and Human Services (HHS), Program Support Centers’(PSC), Intelligent Automation/Artificial Intelligence IDIQ (IAAI).This award enables VC and its partners to compete for Requests for Task Order Proposals (RFTOPs) issued via this innovative IAAI contract vehicle providing solutions, services and products.

VC assembled a strategic team of partners comprised of “technology partners” and “service partners” to facilitate robust offerings for this contract.  A key technology partner for this contract is Deep Labs, Inc. (Deep Labs), a unique persona-based artificial intelligence company yielding intelligent predictive decisions for its clients.  Via a VC prime contract, VC and Deep Labs have previously partnered to conceive, develop and implement a successful artificial intelligence pilot for the Centers for Medicare and Medicaid Services (CMS), Center for Program Integrity (CPI) department utilizing deep visioning and learning techniques and tools for CMS’s Medicare Part D program, which covers prescriptions for over 39 million beneficiaries.  This pilot was designed to discover potentially fraudulent activity before it occurs related to Excluded Providers (EP) to help reduce and minimize the “pay-and-chase path of recovery of funds” and to enhance CMS’s ability to proactively identify and investigate potential fraud.

As a multiple-award, government-wide IDIQ contract vehicle, it enables HHS, PSC, and all HHS operating divisions, as well as other government agencies, to rapidly obtain innovative Intelligent Automation/Artificial Intelligence (IAAI) solutions, services, and products from both large and small businesses.  Currently, this IAAI IDIQ vehicle has a value of $49M with a five-year period of performance. 

Read the full article here.

Deep Labs featured in CBR about how Payments Sector Wins Open Banking Reprieve with 18 Month SCA Extension

Deep Labs featured in CBR about how Payments Sector Wins Open Banking Reprieve with 18 Month SCA Extension

The payments and ecommerce industry has won a last minute reprieve from the Financial Conduct Authority (FCA) over Strong Customer Authentication (SCA) rules: earning 18 months more to introduce new payments security measures required under Europe’s PSD2 directive, which were set to come into force on September 14.

The move comes just four weeks before the PSD2 deadline and amid increasingly vocal concern from an industry – that critics say was caught napping – about its lack of readiness for SCA, as well as initial resistance from European regulators.

Deep Labs CSO Mike Lynch earlier told Computer Business Review “organizations did not consider the complexity” of introducing SCA into their systems.

Read the full article here