Tag: Deep Learning

Data Science of Digital 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

Can Banks ever win Mobile Payments/Money Game?

Accessibility is a critical success factor for any service. The role of informal institutions in providing financial services to the members of the community, and concludes by highlighting the opportunities these are present for formal financial service providers but in order to ensure accessibility of banking services, a bank has to have a wide branch network of fully branded brick and mortar marble banking halls with all the necessary security systems. The set up costs of these are so high and to recoup the same, the bank has to pass on the cost to the ultimate consumer.