What fascinated me most the explanation of such complex subject regression it was described as ‘ a tutor teaching students in an institute – if outcome is continuous use linear and if it is binary, use logistics’.
The discussion for our post focus around Mobile Money, Mobile Payments i.e person to person, person to business etc. New ISO standard 12812, recently appeared in 2017. This standard has 5 parts and part-1 defines the general framework of
Mobile Money Services essentially was for unbanked & under privileged customers.
Mobile Money suppose to improves life for the Lower segment of society by
Domestic Remittance from cities to villages
Availability of Agents to withdraw cash
Building Savings Culture
Acceptability of Mobile Money under Mobile Financial Services was the biggest break through
Role of Mobile Money Agent is crucial and very critical for success…
FinTech is booming, redefining financial services and Banking. Artificial Intelligence technologies like neural networks, machine learning, deep learning etc are reinventing FinTech in turns. Banks are struggling to stay in the game and heavily relying on Artificial Intelligence family support.