In the dark ages before core banking software was a thing, transactions between different branches of a single bank took at least one day if the wind was fair and the weather favorable. Thanks to the expansive implementation of the core banking, the situation improved drastically, and now, 24 hours per transaction is a horror-movie material.
Artificial intelligence is here to… No, not to steal your job but rather to make it easier and its — results more impressive, at least, concerning cybersecurity services. If properly harnessed and used, the power of AI and machine learning can significantly improve the levels of software protection.
AI for cybersecurity is quite a theme to discuss and imagine things about. In this article, we will scratch the surface of the topic to get that essential understanding of the matter; we will examine how and for what purposes people use AI and machine learning; we will learn about the benefits and challenges that AI poses.
Lab inventory management is where you have to do a lot of mundane repetitive work, which a human mind despises, to ensure that the lab can run efficiently and the employees have everything they need where and when they need it. Overall, inventory management is a cumbersome and a taxing process, which has no right to be so clunky and clumsy in the era of automation. Thus, the desire to build lab inventory software is a natural and a well-justified decision, which will go a long way in ensuring cost-efficiency, decreasing workload, and decreasing the probability of errors.
Health Insurance Portability and Accountability Act (HIPAA) — depending on your occupation this name can ring a bell for you. And, if your work responsibilities included the development of telemedicine software for the US market the ring of this bell can be a little anxious-inducing. Developing a HIPAA-compliant telemedicine platform is a painstaking, business analysis-heavy process, which is absolutely required to protect the sensitive data HealthCare apps deal with and avoid outrageously high fines.
The topic of the gateways is a little more complicated and interesting than it seems. Payment gateways still have plenty of room for improvement and plenty of opportunities to surprise us, pleasantly or otherwise. Considering the significance of payment gateways in all industries from FinTech to Logistics and Education, those opportunities are worthy of your attention.
Do people still build online marketplaces? Hell yeah, they do. More than half of all online marketplaces were launched in the last 7 years. The market continues to grow, people are more willing to buy and sell, online, new countries enter the level of economic prosperity that is just right for online marketplaces. The opportunities are ripe to harvest.
Bank heist movies are fun to watch: the action, the intricate planning, and crafty execution are thrilling and enjoyable to witness on a screen. In reality, bank robberies are not that fun or enjoyable considering danger and consequences. The biggest bank robbery in the history of the US.
Fast backward to ancient Babylonia, 1800 BC give or take several hundred years (yeah, no historic accuracy for us here). Imagine you are a farmer named Abum-kila-ilim, and you need a loan because the latest harvest wasn’t spectacular, your livestock is underfed, and you… you’re quite likely underfed as well. Where would you go? That’s right: to the shrine of Shamash, the sun-god and the lord of justice and righteousness!
In 2018, in the US alone, the insurance industry totaled $1,22 trillion in net premiums with 2.7 million employees and $49.5 billion of payments in property losses. The industry is a giant, and its economic impact is colossal. And, what even more colossal is the amount of paperwork and number of the complex processes that run insurance companies.