Tag: Transformation
Payment Intelligence: Unlocking Potential With Data Science
This powerful amalgamation, of Physics, Payment Intelligence, and cutting-edge innovations, has empowered FinTech to transcend boundaries and offer cost-effective, personalized, and swift services. With data science as its driving force, this quantum-infused fusion is expected to assume an increasingly pivotal role in shaping the payments sector’s future. By leveraging big data analytics, it creates novel gateways, poised to revolutionize the digital payments industry.
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Top 5 Deep Learning Applications on Social Media For Businesses
How do top brands create content that is always appealing and filled with a sense of humor to go viral in no time? Advanced tools help businesses understand their competitors and build new strategies to outrank them with better brand positioning. And how do social media platforms offer you intelligent recommendations?
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2020 The Year of Emerging Technologies
The year 2020 will be remembered as a significant period in human history due to its remarkable strides in progressive innovation, more commonly referred to as “Emerging Technologies.” In this modern era, industrial and business practitioners are expected to establish robust foundational structures for the integration of SMAC (Social, Mobile, Analytics, and Cloud) architecture. It is projected that the prevalence of selection will attain its apex during the decade spanning from 2010 to 2020. The implementation of computerized transformation is of paramount significance for any entity, unless SMAC technology is integrated.
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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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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
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Artificial Intelligence to Amplify FinTech
This is where fintech companies are successfully leveraging AI. FinTech companies with help of AI are finding cheap, easy and swift methods to apply the technology to an existing business problem at the same time many banks are failing to do so.
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AI and Big Data for FinTech & InsureTech
The analysis of big data can provide valuable insights, trends, and patterns that can help organizations make better business decisions, improve operations, and develop targeted strategies. To effectively process and analyze big data, advanced tools and technologies, such as distributed computing, NoSQL databases, and data mining techniques, are often utilized.
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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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What is FinTech and where does it Live?
None of the definitions provided above for FinTech are right or wrong as such. Defining fintech is both an easy and a difficult task. If we are to consider one payment element, which can be defined as “an action done by the acceptor of goods or services in the form of cash handed over or funds transferred through a credit card or online or internet method,
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FinTech the Champion of “Banking” Services
Despite the proclamations of some visionary Fintech founders, banks aren’t disappearing anytime soon. The engine under the hood of big banks — the compliance and money-transfer systems — are simply too difficult for any start-up to replace, which is why tech plays like Apple Pay are still built on top of existing bank systems and payment rails. To maintain the dominance they’ve enjoyed up to this point, however, banks need a radical redesign of their customer-facing assets. If banks fail to overhaul
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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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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.
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Rumble in the Jungle
It would be beneficial for the world to transition into a society that primarily operates without the use of physical currency. It’s evident that my thoughts and dreams are not unique, and countless individuals have already expressed similar sentiments. In the near future, the combination of mobile payments, data science, and machine learning is expected to revolutionize the FinTech industry, with recent advancements prompting a focus on these key factors.
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Hybrid Mobile Financial Services & Commerce
Financial payments and banking started in a very inefficient and traditional way, which was slow but still acceptable to the customers due to the stage of the information age. Initially, almost all the fun and joy in terms of one double zero percent in the shape of activities in the financial services (Except Non-Banking Services) space was attributable to banks, with all the revenue being collected by the same entities.
