Tag: Mobile Broadband

Data an Unbelievable Hidden Treasure

World Wide Data Wrestling

Big data presents a tremendous opportunity for enterprises across multiple industries especially in the tsunami like data flow industry of “Payments”. FinTech, InsureTech, MedTech are major data generating industries i.e massive group of factories. According to some data from Google it shows technology based innovative insurance companies

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.

Artificial Intelligence Innovation in FinTech

With advancement in technology, artificial intelligence, organisations outside the banking industry diversified and demystified financial services by targeting small & succinct margins in the space. These were organisations servicing millions of customers through broad distribution channels, be they mobile operators, mobile handset manufactures, retailers or on-line merchants.  Integrating AI applications, such as  IBM Watson and N26 with Siri

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

MNO Charging & Billing Systems

Telecom subscribers are getting smarter (so it’s not only the handset which is getting smarter haan!!!), demanding more and more and, at the same time many new players are entering the marketplace. To compete in this environment, operators have to not only maintain but also grow their part of the new value chain to gain loyal customers and adding new blended services which are ridding on their investment/infrastructure made during all those time

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Mobile VAS Services – Future Rely On AI And Data Science

The main difficulty that content providers face is ensuring that their content is tailored to the market and location, as well as the individual subscriber’s preferences, to prevent it from becoming an annoyance to the subscriber. As the demand for video entertainment increases, so does the need for a superior quality experience (QoE), particularly when viewers are paying a premium or when advertising is involved, as advertisers aim to create a favorable impression.

Internet of Things – Mobile Financial Services

As on date the most common use for sensors is telematics, which allows devices installed in cars (car tracking devices) to transmit location data to owners and insurers. This also includes ability to track-stolen vehicle and help in recovery, automatic crash notification, and vehicle data recording force full actions by controller over telematics infra. Telematics also extends to tracking ships, car and trucks for fleet management and route optimisation. IoT merged with mobile financial services can ensure you can get fuel

Convergence: ePayments, MFS, AI and IN Systems

Market dynamics are evolving, especially with mobile network operator market restructuring and prepaid market changes. A more drastic change in the SIM market was triggered by Apple’s eSIM announcement, which is aimed at adding more value to its own platform. MNOs typically have many platforms, starting with IN (OCS), billing, electronic recharge, physical vouchers, mobile money, mobile banking, and mobile financial and commerce services systems.

2015 Year Of Convergence – MFS, IN with AI and Data Science

The 3GPP OCS is heading toward multiple charging access provisions for networks bearing different services. To meet network evolution demands, the OCS’s internal components should be further abstracted and modularized. Payments from various channels, i.e., proximity (POS, mPOS, NFC, thin SIM, ultrasound), the Internet, USSD, SMS, ATM, or agents, can be embedded as separate modules that will keep a tap and record of each transaction, create temporary wallets in buffers before moving to actual wallets, move temporary wallets from buffer to trash, and write logs.

GSM

GSM – Global System for Mobile Communication

The introduction of GSM represented a critical turning point in the development of cellular networks as it signified a transition from the early phases of cellular technology, which relied on analog communication methods, to sophisticated wireless communication approaches.