The World of Charity Startups
When we think about companies and corporations, we often think in terms of bottom line, stock price, and growth potential. We throw around terms like “value stock” and “investor optimism,” and we consider these metrics to communicate a company’s value. Obviously, they are important since they are a primary measurement of a successful, sustainable company. However, to quip on the infamous quote by Mitt Romney during the 2012 election, corporations are comprised of people, and people need more than a bottom line.
The Rise of Fintech Chatbots
With the growth of artificial intelligence in every area of online activity, chatbots have grown in sophistication to fill the role of customer service agents. Transparency Market Research predicts the global chatbot market will be worth $994.5m by the end of 2024 – a huge rise from only $113m in 2015.
Artificial Intelligence in India’s Fintech
With a growing number of FinTech startups, India is considered to be one of the top five global FinTech hubs. The country’s population of over 1.3 billion is highly under banked, with digital penetration growing rapidly. This, combined with the recent demonetization and push towards a cashless economy, make it an exciting space for global Fintech.
‘Selfie Pay’: Paying With Facial Recognition
Facial recognition is the latest fast growing technology that will be employed to verify payments on mobiles and in stores across the world in the near future. While fingerprint technology has grown as a method of payment on smartphones, it hasn’t caught on as widely as expected due to various drawbacks, which facial recognition technology hopes to resolve.
Solving Information Asymmetry Problem in Crowdfunding
Crowdfunding has seen rapid growth in recent years, with $2.5 Billion raised in equity crowdfunding globally during 2015. This amount is expected to grow further, as new regulations make it easier for entrepreneurs to raise money through crowdfunding. In theory, crowdfunding provides great benefits to both the seekers and providers of capital; allowing entrepreneurs to raise funds easily, and providing small investors with fresh avenues for investment.
How to Train and Manage iGen Millennial Employees
Congratulations! Your company just became the coolest place to work. You have an open work space, employees playing ping pong, and really great coffee. You’ve hired from iGen, and your team is flush with enthusiasm, tight pants, and cloud computing. However, this particular group has specific goals and desires that differ from previous generations, and understanding their unique aspirations, especially your ability to help them thrive, will be a crucial component in their contributions to your company.
Fintech Startups and Artificial Intelligence
Startups and established financial service firms are targeting these days to provide investors clearer guidance with information collected and captured from multiple sources. Artificial intelligence contributes to providing greater insights and thereby better customer experience by capturing vast amounts of data in real-time as well as helping users in understanding how different data points relate to each other. Financial services are leveraging data-driven technologies in order to overcome the breakdown in brand loyalty.