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Tag Archives: Operational Efficiency

QIWI Group launches Big Data analytics platform

QIWI Group has created its own platform for solving problems related to in-depth analytics and data monetization. QIWI Data is the result of more than 5 years of research into Big Data and offers the group of companies the ability to process data faster as well as increase data security. …

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12 lessons all industries can learn from BigTechs

While most companies turn to BigTechs for ways to make work easier (e.g. with software and apps), they can also teach all industries other valuable lessons about how to do business. Here are 12 ways non-tech industries can learn from BigTech: Embrace failure – non-tech industries should learn to embrace …

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Q-Lana: a new tool to bolster MSMEs in emerging economies

Q-Lana, a U.S.-based FinTech company, was founded to develop the concept of knowledge-based lending as a way to help financial institutions overcome the challenges associated with broader MSME lending and, thereby, spur economic development. Q-Lana is an integrated platform that offers fully-digitized operations and allows other providers to connect to …

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Russian insurers, intermediaries discuss API integration

The Digital Tools for the Development of Insurance Product Partner Sales roundtable was held in Moscow, a first-ever discussion between insurance companies, intermediaries and IT experts in the country. The roundtable was held to discuss how API integration could be leveraged to: increase the speed of consumer integration into insurance …

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New platform makes financial products easier

A new platform called Goodfin now serves as a single access point for consumers looking for financial service providers such as banks and microfinance institutions (MFIs). Goodfin differs from similar platforms by actually using each bank/MFI’s business logic (through an API) with already filled in applications, as opposed to just …

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The changing idea of management and reporting

With millennials and their ideas of what it means to be an employee entering the workforce, many companies are finding it necessary to change their organizational structure and how they operate. This has resulted in employees becoming more independent, the role of managers being reduced and reports increasingly becoming a …

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12 expert opinions on HR tech

Technology is helping advance HR into a new era. Here are 12 expert predictions on the future of HR:   People analytics – technology is making it easier to integrate workforce data into HR decision-making processes. This will increase the effectiveness of human resources in the future.   Hiring and …

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Increased staff turnover costs Kazakhstani companies billions

According to the annual PwC salary and benefit review, Kazakhstani companies continued to improve business efficiency in 2018. The rate of return per employee (Human Capital ROI) grew 14% and reached USD 198,000. The share of labor costs also grew, on average, from 12% to 13%. This can be seen …

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Infographic: top 20 reasons startups fail

CB Insights recently compiled data on 101 startups that ultimately failed. They found a number of different reasons for failure and ranked the top 20 reasons in this illuminating infographic 8 steps to ensure a financial institution doesn’t survive past 2030 FinTech bridging USD 2 trillion small business funding gap …

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Five FinTech trends that will define banking in 2019

The banking sector is becoming both more strategically focused and technologically advanced in order to respond to consumer expectations and try to defend their market shares. As such, the importance of innovation and developing new solutions that take advantage of data, advanced analytics, digital technologies and new delivery platforms has …

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9 FinTech marketing strategies for 2019

Deploying the right FinTech marketing strategy is a big challenge in an incredibly saturated market. Here are nine tricks to position FinTech marketing efforts for success: Go mobile with FinTech marketing initiatives –optimize websites for mobile usage; make it fun, interactive and a joy for users to browse through. Make …

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Video: 10 strategic technology trends in 2019

From blockchain and artificial intelligence to quantum computing and augmented analytics, here’s an overview of 10 strategic technology trends that are helping to bring the virtual world and the real world together in 2019. How to identify a phishing site Europol targets e-commerce fraud Infographic: the true cost of a …

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Infographic: using communication apps in the financial sector

Production and effective communication is vital for any financial company in the modern world. Communication apps such as WhatsApp offer easy communication solutions; however, it is important that financial companies remain compliant with regulations when using them. Check out this infographic for useful tips on how to compliantly use communication …

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5 reasons big enterprises should partner with IoT startups

It is a well-established fact that the flexibility and creativity of startups place them at the forefront of innovation. And such innovation is center stage when it comes to delivering the full promise of the internet of things (IoT). Here are five reasons why big enterprises should look to partner …

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“Box” vs. “platform” IoT solutions: which is better?

Many companies around the world are waking up to the reality that the internet of things (IoT) is rapidly becoming a necessary component to have for any business that wants to grow. However, many don’t know how to get started. While a create-it-yourself IoT solution is possible, it is likely …

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2018 IoT Intelligence Market Study

Dresner Advisory Services examined business interest in the internet of things (IoT) as part of its 2018 IoT Intelligence Market Study. The Study also examined key related technologies such as location intelligence, end-user data preparation, cloud computing and analytics. Key insights gained from the study include: Sales, marketing and operations …

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Taking the internet out of IoT

SoftBank has completed the first-ever connection test in a commercial environment for non-IP data delivery (NIDD). NIDD allows users to transmit data to internet of things (IoT) devices without allocating an IP address. Not using an IP in transmission greatly reduces the risk of being subjected to a malicious attack, …

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How one Kazakh company is capturing the global IoT market

Kazakh companies have become actively involved in the development and introduction of new technologies in recent years, especially those related to the internet of things (IoT). One of them, OrionM2M, has even become a major player in the global IoT market. The company sprang out of CityConnect Group, which provides …

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Core principles of success in the sharing economy

The sharing economy has quickly overtaken many business sectors. To be successful in the sharing economy, a company must adhere to four core principles that also define successful entrepreneurship in general: Greater efficiency – there is a technological solution for almost every day-to-day operation. An upfront investment in new technology …

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