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Did you know that banks in Europe spent an average of 40 Million Euros a year each for KYC compliance? KYC or Know Your Customer compliance is one of the most critical components of today’s service-oriented businesses in sectors such as Banking, Insurance, Government Benefit Schemes and much more. A simple KYC system for a […]
Retailers are often the first to adopt groundbreaking technology innovations because they deal with the end consumers most. When Artificial Intelligence (AI) started to make inroads into mainstream technology, retailers were the most interested in its prospects. The success mantra for retailers is knowing as many insights about a shopper in order to offer the […]
Today, the operations at enterprises are witnessing a wave of digital disruption led by automation. Robotic Process Automation or RPA solutions is one of the most sought innovations by organizations to reduce operational costs and improve process compliance. In simple terms, RPA can be explained as the automated performance of high volume, low value-added tasks […]
Initial Coin Offerings (ICO) are one of today’s most sought-after ways for Blockchain startups to raise capital for their business. In 2017 alone, the first six months of the year saw ICOs raising a total of USD1.13 billion in capital and is projected to reach over USD 1.7 billion by year end. In one of […]
Blockchain and cryptocurrencies have been going through an astonishing phase over the last couple of years. On the bright side, the worth of the world’s most popular cryptocurrency, Bitcoin has galloped from a market capitalization of $11 billion USD in June 2016 to over $73 billion in October 2017. Some heists were reported in cryptocurrency […]
The Apple WWDC 2017 saw a host of interesting new developments for iOS enthusiasts with regards to new coding frameworks, API’s and much more. One of the key focus areas during the conference was undoubtedly the Core ML framework announced by Apple. Core ML is Apple’s official foray into the world of Machine Learning for […]
Over the years I have observed that the automobile sector is one of the most thriving industrial domain today that witnesses stunning growth figures year on year. Clocking a global average of 4.8% growth annually, it sees rapid traction across geographies and is one of the hotbeds for technology innovations. Automobile companies have constantly embraced […]
The tourism and hospitality sector was once considered one of the slowest adopters of technology innovations. That was until of course, visitors became digitally empowered themselves. The rise of self-booking portals and apps with flexible itinerary soon overshadowed pre-arranged tourism packages that were handpicked based on how profitable it was for the hotel or travel […]
Artificial intelligence today finds its application in fields ranging from Life Sciences to Space Exploration. But did you know that it can even aid in telling you whether you are eligible for a US Work Permit or more specifically, what are the chances of you being granted an H1B non-immigrant work visa by the United […]