Author: AK

The internet has revolutionized digital banking for individuals

Of all the inventions that truly revolutionised modern life, the Internet surely ranks as one of the top contenders. Combined with automation workflows powered by analytics in the backend, technology has revolutionized the banking experience for all customers, especially those with NRI accounts and FCNR accounts, which are less accessible physically. Banking today is less of a financial business and more of a technology business, and no wonder, the focus of investors is so high in the Fintech industry. Continue reading “The internet has revolutionized digital banking for individuals” →

15 Design Hacks to Maximize Conversions

Establishing an online presence with a website for a business is all about one thing—converting an audience into customers. To make that more likely, every aspect of the website should be focused towards that goal, including its very design. Web design is not just about looks, but also how it directs the users’ overall experience with the website. Therefore, to have a website with a good conversion rate, it should have a web design that makes it easy for potential customers to get into whatever you are offering them. Here are some of the things you can do to make that happen. Continue reading “15 Design Hacks to Maximize Conversions” →

PSA: It Is Vital That You Take Some Time for Fun

Psychology Today makes a strong case for the importance of play, stating that having fun is serious business. It goes on by declaring the following:

Just as the child is father to the man, so childhood play fosters the flexibility of thought and deed, the sociability and the empathy our species will require in the trials ahead. Michael Gove, please take note: rote learning won’t turn back the floods. Children and adults need the space to mess around if we are to get out of the mess we are making for ourselves. Continue reading “PSA: It Is Vital That You Take Some Time for Fun” →

The Future of Digital Banking lies on UPI

Launched recently, a few months back, based on RBI guidelines, the Unified Payments Interface (UPI) offers an architecture and a set API standards to facilitate online payments more securely. The central UPI platform is developed and managed by the National Payments Corporation of India, which also manages other digital payment mechanisms like retail clearing platforms such as Immediate Payment Service (IMPS), National Automated Clearing House (NACH) and Cheque Truncation System (CTS). The move towards promoting UPI aims to simplify and provide a single interface across all NPCI systems so that they can facilitate seamless data interchange thereby facilitating superior user experiences across stakeholders like customers, service intermediaries and service providers. Continue reading “The Future of Digital Banking lies on UPI” →

AUTOMATED SYSTEM + PEER REVIEW = STRONG SANCTION SCREENING

To keep federal resources from being abused by certain individuals or entities, the Office of Inspector General (OIG) has created the List of Excluded Individuals/Entities (LEIE). This list contains the names of people and groups that have been excluded from participating in healthcare programs that benefit directly or indirectly from government funds. The exclusion or sanction can be caused by a proven history of committing fraud, abusing medical supplies such as medicine and other medical equipment, and exploiting resources that could have otherwise been used for providing healthcare to patients. Continue reading “AUTOMATED SYSTEM + PEER REVIEW = STRONG SANCTION SCREENING” →

Significance of Digital Technology for Logistics Start Ups In 2017

Start-ups the world over are slowly and steadily changing the way the industry works. By identifying a problem and addressing it through their products and services, they are making a name and gaining an audience for themselves. Start-ups are also not afraid to take a few unconventional routes and take some bold decisions that others would term risky, and this is helping them gain an edge.

The logistics industry too is seeing its fair share of start-ups emerge. They are leveraging technology to solve a problem and are orchestrating innovation in the truck industry to fast gain a market share. From trying new concepts such as truck platooning to solving base-line problems such as allowing shippers to make freight shipping bookings online, they are doing it all and with flair. Continue reading “Significance of Digital Technology for Logistics Start Ups In 2017” →

Next Technology Innovation for the Logistics Industry

Background of disruption

Uber has disrupted the cab marketplace. It has changed the way people hail cabs. Technology has been a game-changer across industries, and the transportation industry is no different. Owing to the boom in e-commerce, there has been an urgent demand for better utilization of trucks. Some of the barriers that impede the growth of the logistics industry are the lack of using available trucks optimally and charging arbitrarily. Besides, as tracking routes taken by the trucks are not possible, they have no accountability to their logistics companies. Continue reading “Next Technology Innovation for the Logistics Industry” →

Is Source Code Escrow Worth the Cost?

Starting and developing a new business, as well as managing and expanding a well established one, is never easy. Now more than ever, businesses of all shapes and sizes are faced with countless risks that transform their work environment in ways that could make or break them with a single drop in the market. Continue reading “Is Source Code Escrow Worth the Cost?” →

7 Tips to Choosing the Right Data Replication Software

If you’re planning to get data replication software for your company, it’s not as simple as downloading a program and installing it. Since this is an enterprise-level solution, you will need to thoroughly vet your choice of software and choose the right vendor. To help you get started, here are seven tips: Continue reading “7 Tips to Choosing the Right Data Replication Software” →