When most sports apparel brands were losing out on differentiation and everybody had pretty much nailed the sneaker business and risked losing precious business to cheap counterfeits, Nike did their own thing. They created an alternate market of data driven innovation, a digital connect with its customers through apps and most importantly a community that lives and breathes the Nike brand through its apps, wearables , apparels and sports equipment leaving its competition way behind . As it gets harder to innovate and create differentiation in banking, it is interesting to sit back and observe how Nike changed the game to retain relevance.
Digital Lending Marketplaces may be the true winners with the emergence of PSD2 . Here is my take on it.
Quick guide to consensus mechanisms in blockchain . Proof of Work , Proof of Stake , PoET , PBFT and more...
An insight into the challenges that plague the C-Suite of a bank determined to lead the trade finance business. Is Digitization the answer?
Digital Lending Technology is set to change the 600 bilion dollar loan market. An observer's point of view..
The futurists of the world are besotted by the science that simulates the engagement , decision and the discovery process of the human brain -in other words Artificial Intelligence(AI) or Cognitive Sciences. Cognitive systems quickly identify patterns similar to a way our brain identifies situations and responds to it. Within AI , there are a number of different technologies and they lie at different points in the curve of adoption with virtual assistants and robo-advisors riding the crest of adoption. This post talks about the merits of the lesser known yet immensely intriguing Semantic Technology .
Fintech Startups and the redemption of high technical debts. Who really pays it off ?Read on,,,
Any institution that works to establish financial inclusion takes on the role of becoming an emissary of trust - trust in the economy . To establish the first level of trust for the unbanked is one of the biggest challenges across third world economies. Postal networks have often been the most effective tools of establishing … Continue reading Driving Financial Inclusion through India Post
Creating a shared future in a fractured world. A viewer's account of the all women panel discussion at the World Economic Forum that talks of hope , inclusion and change and centers around building a future with technology .
BERLIN, Germany – 22 January, 2018 – BAWAG Group and multinational online lender Spotcap today announce a market-leading strategic partnership which will give Austrian small and medium-sized enterprises (SMEs) access to same-day financing. The partnership with BAWAG Group is the first time Spotcap will offer its lending platform and proprietary analytics to a bank and … Continue reading Global online lender launches Lending-as-a-Service proposition
Understanding GDPR , one article at a time . Attempting to analyse the implications of GDPR in the multiple situations that arise in Alt-Lending as data flows through multiple participants in the chain .A hypothetical but very real scenario of lending explored ,assessing the GDPR situations that arise , followed by best practices to consider by alt-lenders and banks.
There are simply too many technologies that really go into making a bot comprehend a question, then reason and finally respond to it. Unlike the human brain that has answers to most questions, intelligent systems have multiple answers to every question, it can comprehend and the cycle of responding with the right answer is often as key as being able to understand. This post is really about what kind of technologies and software architecture powers the QnA element of chatbots.
Text Analytics or often known as Text Mining is the discovery of new or existing facts applying the science of natural language processing and statistical learning techniques. This post explains how NLP based text analytics systems anatomically look like .
In a post last January, I had termed 2017 to be the year of the banking bots and chatbots , virtual assistants and robo advisors did seem to get their fair share of the spotlight. Throughout the year chatbots and their use cases occupied a fair share of attention and saw very senior business leadership take interest and action to enable NLP based intelligent systems become part of their ecosystem. And over and again , the basics of the technology or how-it-works was asked . Presenting a small primer to enable anyone to be able to understand the nuances.