Tag: Money Transfer Services
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.
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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.
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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
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Transformation of Payments
Digital transformation can detect potentially fraudulent operations and minimize risks. It can also help large organizations such as banks not only to secure their business but also fight crimes. How payment needs reinventing banking? How need of fast payments created Mobile
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Cross Border Remittances (CBR)
Cross Border remittances(CBR) expected to rise about $0.8 trillion USD. Numbers here are real big and yes this is a big deal. But since most of the world’s population now has access to the Internet or mobile phones, it is just a matter of time before the scales tip to
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Demystifying The Cross-Border Remittances (CBR)
Cross Border remittances(CBR) expected to rise about $0.8 trillion USD. Numbers here are real big and yes this is a big deal. But since most of the world’s population now has access to the Internet or mobile phones, it is just a matter of time before the scales tip to
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Mobile Financial Services – Intro to MFS Speed & Security
BaaS and BaaP are founded on the fundamental concepts of providing open banking services and APIs that are favorable for developers. One of the most significant issues regarding security in e-commerce is ensuring the employment of appropriate and trustworthy payment methods such as Internet banking, mobile payments, card payments, or instant payments.
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Mobile Payments – Need, Opportunity or Myth
Mobile payments can be defined as any payment transactions, whether in close proximity or remote. Payments can happen through Internet, proximity technologies charge back or can be executed on mobile devices. Mobile payments market potential, as well as the different trends in business models and technologies that are shaping the global payments and mobile payments evolution are visible as opportunities to be taken up. Decision makers in banks and other financial or even out side traditional
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FinTech – A True Fairytale
Almost all players who entered into payments in arena of FinTech domain are actually coming out of this game park with zero or no knowledge. This is giving too much innovation to put idea on table but takes longer to make it reality. Technical companies entering financial domain and making it interesting by doing technical integration, or “fintegration”, of fintech services, the latter interfacing directly to bank customers for
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Payment Methods: Mobile The Best Alternate
For mobile “remote payments” the transaction is conducted over a telecommunication network such as GSM or the internet and can be made independent of the payee’s location and/or his/her equipment thus creating ease, convenience, and trust for end-customers (payers/consumers and beneficiaries/merchants). This concept is hereby regarded as critical for the further development of mobile payments.
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NFC as a Payment Channel in Mobile Financial Services
Why cant you and me get some small dust out of it. NFC is use since ages but never gorton attraction and attention we all know technically NFC is a wireless communication technology that permits data transfer over distances of up to 10 cm based on the ISO/IEC 18092 standard. Based on Radio Frequency Identification (RFID) technology, it has been used in various industries including retail, automobile, medical, transportation, and manufacturing.
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Mobile Money and Mobile Payments – Intro to MFS
Mobile Money and Mobile Payments – Mobile Financial Services or FinTech Intelligence platform usually allows various users to access its services. Service access channels are […]
