Who exactly runs the world: Government Vs Financial Institutions
Who exactly runs the world: Government Vs Financial Institutions.
Who exactly runs the world: Government Vs Financial Institutions
Who exactly runs the world: Government Vs Financial Institutions
Technology video | 187 views
Congress Vice President Sh. Rahul Gandhi addressed an electrifying speech at AICC meet in Talkatora Stadium, New Delhi. MLAs, MPs, Ministers and workers of the Congress party and Honorable Prime Minister Dr. Manmohan Singh and UPA chairperson Smt. Sonia Gandhi were also presented in the meet. 'Friends, there is a tough battle ahead of us. We will go into this battle as warriors with our head held high. We will not look back. We will go into this battle knowing exactly what we are, exactly what we stand for. We will fight with everything that we have within us. We will not rest, we will not lose courage and we will not talk till the battle is won.
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Education revolution in Punjab ❤️The transformation we all deserve! #punjab #punjabgovernmentschool
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Education revolution in Punjab ❤️The transformation we all deserve! #punjab #punjabgovernmentschool
News video | 2102 views
Government of India issued big decisions for government and private institutions...
Government of India issued big decisions for government and private institutions...
News video | 135 views
Our government has saved more than Rs. 57,000 crore of public money from misappropriation and will continue to crack down on instances of financial irregularities. Those responsible for maintaining rules and ethics in financial institutions, especially those responsible for supervising and monitoring, must discharge their duties with full honesty and integrity. Any irregularity and embezzlement of public money will not be tolerated.
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Business continuity is the most valuable asset for financial institutions
Business continuity is the most valuable asset for financial institutions
Technology video | 203 views
#GigEconomy
FI’s boosting Gig Economy
The COVID-19 pandemic has accelerated the adoption of newer processes, ushering in a new competitive landscape, stifling growth in some traditional product areas, prompting a new wave of innovation, recasting the role of branches, and of course, accelerating digitization in almost every sphere of banking and capital markets powered by the most modern of cloud-based technologies. It is also a fact that, without flexible, local payment options and banking alternatives for a global gig economy workforce, engagement and retention suffer. The gig economy is based on people working freelance, temporary or short-term positions outside traditional employment. And it's booming. One in five adults with a banking account has a gig job or side hustle.
As the gig economy grows, so will the importance of providing flexible payment solutions. At the same time, scalability in terms of both performance and business is increasingly important for companies providing accounts receivable factoring. Software as a Service has become an ideal solution for banks and factoring companies both large and small—particularly for those just starting out—due to the many and varied benefits cloud-based systems provide. Disruption is creating opportunities and challenges for global banks. While the risk and regulatory protection agenda remains a major focus, banks must also address financial performance and heightened customer and investor expectations, as they reshape and optimize operational and business models to deliver sustainable returns.
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Technology video | 140 views
#chip #Apple #iPhone13
IDP uses AI to automate data processing
Despite major advances in digital security and cloud storage, paper remains an essential ingredient in the contracting process. Intelligent document processing (IDP) uses artificial intelligence to automate data processing, disrupting fintech by augmenting human intelligence. Unlike robotic process automation (RPA) and simple data extraction, AI for document insights enables knowledge management digital transformation with streamlined search, synthesis and analysis across large volumes of complex documents, helping employees quickly make better business decisions. But in 2021, where most business advances were built on some form of automation, weren’t we supposed to be living in a more efficient future? Even better: Why spend time assessing and sifting through thousands of documents when AI could do the job in a few minutes? As per the Adobe study, attitudes toward going all-digital with document management are rising, but old paper habits die hard. Did you know manual document-related challenges account for a 21.3% productivity loss and Indian companies waste a collective 82% annually managing paperwork!
India Inc. could potentially save up to Rs. 5000 to Rs. 6000 crore per annum by integrating smart offerings like NSE-backed Finstinct that allow financial organisations to cull out hyper-targeted, structured information from millions of unstructured paperwork and documents floating in the BFSI ecosystems. A report says, workers spend approximately 11 hours in a week to deal with documents related issues, which leads to low productivity and poor quality of the customer service. As per, Goldman Sachs it is estimated to spend $33mn every year on hiring analysts who can read reports, papers to make sense of millions of documents running through their system. It seems, perhaps the cost spent on the current manual system can be avoided and channelled towards better insi
Technology video | 285 views
Financial institutions face numerous hurdles in their efforts to ensure data privacy for their customers. These challenges stem from the vast amount of sensitive data they handle, the evolving regulatory landscape, and the ever-present threat of cyberattacks.
Concerns about data privacy are of the utmost importance for lending and credit underwriting businesses in the financial sectors. A compromise of the sensitive data that financial institutions manage for their customers in the course of lending and credit underwriting has serious repercussions.
Data privacy is becoming primary focus due to increased awareness from regulatory bodies, general awareness and cyber-attacks on India institutions. The issues are further aggravated in case public clouds are not used in a secure manner.
Today's Headline in NewsHours
0:00 Intro
3:07 Google and Meta boycott the Lisbon Tech Summit due to the organizer's anti-Israel statements
3:41 The Indian government alerts owners of iPhones and iPads to critical security flaws
4:15 Telegram's encrypted messaging software leaking users' IP addresses
4:52 OnePlus’s most expensive phone rolled out in India
5:30 Google to provide repair mode for all Android smartphones
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Could financial institutions ensure data privacy for customers?
Technology video | 208 views
आज भारत और अमेरिका को ग्रोथ का मोमेंटम बनाए रखने के लिए एक pipeline of talent की भी जरूरत है।
जहां एक ओर अमेरिका के पास उच्च कोटि के शिक्षण संस्थान हैं, एडवांस टेक्नोलॉजी हैं, वहीं भारत के पास विश्व की सबसे बड़ी युवा फैक्ट्री है।
मुझे विश्वास है कि भारत और अमेरिका की साझेदारी sustainable और inclusive global growth का इंजन साबित होगी।
- प्रधानमंत्री श्री नरेंद्र मोदी, Washington DC, 22.06.2023
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US has world's top educational institutions & India is the world's largest Youth Factory | PM Modi
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