4 ways technology is transforming finance Technology in finance is enhancing workflows and processes in the financial services industry. Several tasks that were once handled with paper money, human interaction, and bulky computer systems are now conducted entirely on digital interfaces. The disruption that technology is bringing in the financial sector is massive.

Technology in finance has made an impact on almost every type of financial activity from payments to online banking to wealth management and more. Financial institutions are now required to…

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Dynamic pricing algorithms – justified or questionable The aim of dynamic pricing is to take advantage of the readiness of customers to make payments in certain situations for gaining increased profits and for applying discounts in other situations to generate growth.

Today’s reality is that pricing for almost all products and services has become real-time and dynamic. Dynamic pricing algorithms help in maximizing revenue from products and services as it correctly…

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Developing countries and their tryst with IoT IoT in developing countries can act as a catalyst in their development. It will not only help them grow economically but will also make a significant contribution towards their social and ecological development.

The world is aiming for 100% connectivity today. And this is impossible without the inclusion of the developing world. IoT in developing countries will make this a possibility. According to…

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Can AI be racist, sexist like humans? AI is built by humans and they learn to be racist, sexist and prejudiced just like a human baby does. Racism in AI and sexism in AI has been justified by the researchers at Princeton University and Britain’s University of Bath who have found out that machine learning acquires stereotype biases while acquiring information from the internet.

Artificial Intelligence converts words used in any language across the world into their equivalent mathematical form which sometimes creates bias. Racism in AI can be spotted from the fact that…

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