Tag: Asia

AI Changing FinTech Modus Operandi

AI in Fintech is a great help & ease for understanding on how the automation can be achieved for automated tasks (yes its true). Machine Learning focuses on predictions, based on known properties learned from the training data using too much statistical inductive reasoning. It’s been said ML works very well as long as past gets repeated in future. Financial chat bots use predictive analytics to push out real-time, informed responses to customers without the need for human intervention.

AI The Epicenter of eCommerce

In our todays online shopping how much is artificial intelligence. How artificial intelligence can help retailers to deliver the highly personalized experiences shoppers desire. Ant colony optimization algorithm (To formulate training feed-forward neural networks with ant colony optimization) to obtain the users’ preference information are widely used in todays ecommerce business for comparison-shopping to solve the problem of the user bias’ filtering and learning. The performance improvements are important to both consumers / buyer and sellers / merchants.

Data Science of Payments

How come my bank knows what I am going to buy next, how come my internet browser offering me add on something which I was searching on google few minutes or days backs. How  do they know my voice or can recognize my picture without any human intervention. Answer is much simpler then it looks or simpler then  the complexity of out own thought process. Use of deep learning

Magic Word Pay in Digital Payments

Today’s consumer expects a seamless mobile payment experience; failing to meet those expectations can be devastating to a brand, idea, innovation and eventually the payments industry. The world’s best companies; main from out side of payment / financial domain are rushing (yes rushing) for Digital Transformation for money. Getting inspired by the cutting-edge technologies, innovative products and solutions

Remittances – Game Changer For Economic Development

If just for a minute we can assume every person on this planet has mobile phone, every mobile user has a bank account/wallet, every bank account is created instantly, virally and at no cost, No bank charges exist,

2017 Year of AI & Digital Payments

To draw a rough sketch of exaggerated scenario of how these two technologies (AI & FinTech) may interact with us in the future and what warrants the, perhaps perplexing, 2 super powers. AI’s Control systems are widely used. They govern how a simple thermostat adapts to a target temperature.

CashLess –OR– LessCash

CashLess –OR– LessCash – Journey from a cash-only transactional economy to a cashless economy without a full plan, education, and strategy look only a talk […]

What is FinTech and where does it Live?

Abstract – A few years back, I had a fascinating discussion about Fintech. Today every 3rd if not 4th profile on LinkedIn is about FinTech Expert. Few days ago someone asked me a million dollar question “What is FinTech?” I was intrigued with such a small, simple question but found it difficult to answer this to a person who is not from those 4 people from linkedin. My simple briefing note to answer this question was, “Fintech is a technical tool to support financial services”, making it simple for everyone on this planet earth along with promoting idea of “Financial Services as a basic right for every human being”. Financial technology, also known as fintech, is an economic industry composed of companies that use technology to make financial services more efficient. Why it is so inherently difficult to define the concept of Fintech, is because definitions change over time. Alternatively, traditional banking organizations are hindered by legacy operating systems, capacity to innovate, agility and technology expertise.

21st Birthday

I Wish Its my 21st Birthday

Since I was young, my aspiration has been to become an exemplary inhabitant of the planet Earth. Presently, I continue to foster this goal through my aspirations, ambitions, and endeavors. As my son currently stands at 6 years old, it is certain that when he reaches the age I am now, he will contemplate the remaining course of his life, and even more so at the age of 80.

Mobile Payments Security

Artificial Intelligence will boost info security through behavioural biometric intelligence in coming time. Mobile payments security will play the key role in the importance of info-security and privacy in payments. This industry is changing every day i.e it dynamic so why to relay on static method of security.

Mobile Money Basics : Part-2

Mobile Money, Mobile Payments, Mobile Banking and Mobile Commerce can be termed Mobile Financial Services. The magic word known as “Pay” has gone viral in today’s time and every day we have 1 or 2 new startup’s entering the payment industry, specifically into the Mobile Payment domain. Mobile phones can be used to deliver a range of banking services. Not from Banks, I am separating banking and banks. Banking services dont need banks any more. Transaction data can be used to develop customers’ credit histories to offer other top-up services.

21st Birthday

No Its Not my 21st Or 42nd Birthday

I am neither a writer nor do I have any expertise in inspirational storytelling or speaking. This post depicts my thoughts as they are. On the 13th of July this year (). “Being a man was not my choice, but being a man is the reason for me to be a husband and a father. Now being a man is my mandate to be a gentleman for my wife, sister, mother, daughter, and all my female colleagues.”

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Can we trust the Info-Security of Mobile Payments

Artificial Intelligence will boost info security through behavioural biometric intelligence in coming time. Mobile payments security will play the key role in the importance of info-security and privacy in payments. This industry is changing every day i.e it dynamic so why to relay on static method of security.

International Remittance Services

Gateway Of International Remittance Services

International Remittance or Cross border remittance the way its called in todays time has proven from decades the manifesto of how money transfer can fuel an economic engine. Migration and Remittances represents numbers