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RingCentral (RNG) Q4 2020 Earnings Call Transcript

RingCentral (RNG) Q4 2020 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. RingCentral (NYSE: RNG) You may begin. Head of Investor Relations Thank you. Good afternoon, and welcome to RingCentral s fourth-quarter 2020 earnings conference call. I m Ryan Goodman, RingCentral s head of investor relations. Joining me today are Vlad Shmunis, founder, chairman, and CEO; Anand Eswaran, president and chief operating officer; and Mitesh Dhruv, chief financial officer. Our format today will include prepared remarks by Vlad, Anand, and Mitesh, followed by Q&A. Some of our discussions and responses to your questions will contain forward-looking statements, including our first-quarter and full-year 2021 financial outlook and our assumptions underlying that outlook. These statements are subject to risks and uncertainties. Actual results may differ materially from our forward-looking statements.

Tumkur Merchant Credit Co-op becomes the first to use AI

It was a pleasant shock for the co-operative sector in the country when the news of Karnataka based Multi-State Cooperative Society-Tumkur Merchants Credit Cooperative Limited (TMCC) leapfrogging to AI-era, bypassing digital era, grabbed the headlines. TMCC, one of the fastest-growing financial institutions in the country with over Rs.1,000 Crore in assets, aims to offer Artificial Intelligent powered banking experiences to all its customers through the partnership with Interface, a global Intelligent Virtual Assistant (IVA) provider for Financial Institutions. In this first-of-a-kind initiative among cooperative societies in India, TMCC aims to leapfrog customer service from only occurring at physical branches to an AI-first customer service approach, essentially bypassing traditional digital experiences offered by financial institutions.

Anxiety over SPM exam trials looms as term restarts

PETALING JAYA: In less than a month, schools will reopen and the much-delayed Sijil Pelajaran Malaysia (SPM) trials will continue. Parents whose children’s schools have yet to complete the trial exams are anxious over the implications of the delay in sitting for the Form Five trial exams. In November last year, Education director-general Datuk Dr Habibah Abdul Rahim was quoted as saying that 85% or 2,004 schools had carried out the trial exams while the remaining 346 schools had yet to conduct theirs. Those schools could not conduct the trial examinations because they were in conditional MCO areas, which included Sabah, Selangor, Kuala Lumpur, Putrajaya and Labuan, she added.

Indian woman jailed for cheating people up to 600,000 Singapore dollars

A 42-year-old Indian women has been sentenced to over six years of jail for cheating people up to 600,000 Singapore dollars. Kaveena Jaya Kumar, who pleaded guilty for the offence on Monday, had difficulty staying out of crime and had no qualms about reoffending, Deputy Public Prosecutor Tan Zhi Hao told the court. Kaveena was sent to jail in the case of cheating for the third time in eight years after scamming her victims of more than 900,000, Singapore dollars, the largest amount she has conned so far, according to media reports. She appeared in a district court via video-link on Monday.

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