#Choose An Fintech Company

[rhennamorgan]

Here Are Four Suggestions To Help You Choose An Fintech Company

We've established five strategic partnerships over the last three years with fintech companies, in sectors such as mobile payments and investments. We are known as a flexible business that fintechs are able to partner with. However, we are extremely selective in who we choose to work with.

There are many times when people ask us at conferences and events as well as in the board room when we decide which companies in the fintech industry to work for. It is a great idea and needs to be looked at from various angles. If you're a financial institution considering forming a partnership with fintech firms, here are some things to think about when vetting potential partners.

A Strategic Fit:

How does this relationship fit to your strategy? It's easy to locate the right fintech partner to help you achieve your objectives. However, it is easy to get caught up in the fintech hype. Do not lose sight of your vision and make sure your potential partners buy into the idea. It's better to have only a handful of meaningful relationships instead of having too many that hinder your progress or put your resources in a poor spot.

Cultural Alignment:

Find out more about fintech's board of directors, management team and advisory board. How do they-and their company's mission align with your company's? Do you trust their team? Mike Butler, our CEO says that we've created an environment that is a place where people are encouraged to try to accomplish things. This is very important to us, and we're open to working with other teams who think the same. It's crucial to get to know each other early in a relationship in order to set the groundwork for a solid partnership in the coming years.

A Strong Business Plan:

Is the company financially sound? Is their vision viable? Back to earlier commentary about not getting caught in the latest tech trends, think about testing your business idea with an individual who isn't a banker such as someone you know or a family member. While you might think that it's an excellent idea, is it appealing to a consumer that isn't in our field? If your business plan succeeds, you should also consider the long-term plan and exit strategy of the fintech, as well as the impact it could have on your business. It is important to fully comprehend the short- and long-term plans of the fintech as well as the impact they have on the bank's income statement as well as balance sheet today and into the future.

The Compliance Buy-In

Does the fintech team appreciate the significance of security? Are they aware of the significance regulation has in finance and banking? Do they understand they may need to modify their solution to comply with specific laws? Fintechs are sometimes uneasy and slow to act when they look at banks. While some may move at a slower pace than others, we banks know that there are good reasons to be cautious and compliance isn't a "nice to have" when it comes to handling other people's money. We will never be a risk to security and will emphasize this early in the conversation. It is essential to locate a partner who shares the same commitment.

[killingwithkazoos]

Here Are Four Suggestions To Help You Choose An Fintech Company

In the past three years, we've established five strategic partnership agreements with fintech companies that specialize in investments, mobile payments and marketplace lending. We are known as a flexible firm that fintechs are able to partner with. However, we are extremely selective about the partners we choose to work with.

There are many times when people ask us at events and conferences as well as in the board room, how we select which companies in the fintech industry to work for. This is a great question that needs to be addressed from several perspectives. Here are some suggestions to help you assess the possibility of a partnership with fintech firms if you're a financial institution looking to partner with them.

A Strategic Fit:

What does this partnership mean in your strategy? The search for a fintech to help achieve your goals might appear obvious, however it's possible to get distracted by the excitement surrounding fintech, so don't allow the latest fad to influence your choice of a partner. Keep your vision in your mind and ensure that your potential partners share it. It's better to maintain just a handful of relationships that are meaningful rather than having too many relationships that distract you from your goals or spread your resources too thin.

Cultural Alignment:

Do your research about the fintech's board of directors, management team and advisory board. How do they-and their company's mission align with your company's? Do you trust their staff? The CEO of our company, Mike Butler, likes to claim that we've got a mindset of trying to do things, not NOT doing things. We value this and we'd like to collaborate with teams who think similarly. Spending time with each other in the early stages of the relationship will help create the conditions for a strong relationship in the future.

A Strong Business Plan:

Is the company financially stable? Does the business plan make sense? In light of our previous statement about not being too caught up in the latest technology trends, you might try the business idea out with someone different from a banker such as an acquaintance or a relative. While you might think it's a great idea, does it appeal to a customer who is not in our industry? If your business plan is approved it is important to consider the long-term strategy and exit strategy of the fintech company, as well as the impact it could have on your business. It's important to understand both the fintech's short and long-term plans for business and how they will affect your bank's balance sheet and income statement now and in the near future.

The buy-in for compliance

Are the Fintech teams aware of the importance of security? Do they understand the significance of regulation in finance and banking? Are they aware that they might need to modify their solution due to certain laws? We know fintechs can sometimes look at banks with impatience in the belief that we're slow to change. Although some banks may be slower than others, banks recognize that there are legitimate reasons to be cautious and that compliance is not something you need to be doing when dealing with money coming from other people. We will never compromise security , and we're always prepared to mention this early in the conversation. It is essential to locate a partner who shares the same commitment.

[mostlysignssomeportents]

Fintech bullies stole your kid’s lunch money

I'm coming to DEFCON! On Aug 9, I'm emceeing the EFF POKER TOURNAMENT (noon at the Horseshoe Poker Room), and appearing on the BRICKED AND ABANDONED panel (5PM, LVCC - L1 - HW1–11–01). On Aug 10, I'm giving a keynote called "DISENSHITTIFY OR DIE! How hackers can seize the means of computation and build a new, good internet that is hardened against our asshole bosses' insatiable horniness for enshittification" (noon, LVCC - L1 - HW1–11–01).

Three companies control the market for school lunch payments. They take as much as 60 cents out of every dollar poor kids' parents put into the system to the tune of $100m/year. They're literally stealing poor kids' lunch money.

In its latest report, the Consumer Finance Protection Bureau describes this scam in eye-watering, blood-boiling detail:

https://files.consumerfinance.gov/f/documents/cfpb_costs-of-electronic-payment-in-k-12-schools-issue-spotlight_2024-07.pdf

The report samples 16.7m K-12 students in 25k schools. It finds that schools are racing to go cashless, with 87% contracting with payment processors to handle cafeteria transactions. Three processors dominate the sector: Myschoolbucks, Schoolcafé, and Linq Connect.

These aren't credit card processors (most students don't have credit cards). Instead, they let kids set up an account, like a prison commissary account, that their families load up with cash. And, as with prison commissary accounts, every time a loved one adds cash to the account, the processor takes a giant whack out of them with junk fees:

https://pluralistic.net/2024/02/14/minnesota-nice/#shitty-technology-adoption-curve

If you're the parent of a kid who is eligible for a reduced-price lunch (that is, if you are poor), then about 60% of the money you put into your kid's account is gobbled up by these payment processors in service charges.

It's expensive to be poor, and this is no exception. If your kid doesn't qualify for the lunch subsidy, you're only paying about 8% in service charges (which is still triple the rate charged by credit card companies for payment processing).

The disparity is down to how these charges are calculated. The payment processors charge a flat fee for every top-up, and poor families can't afford to minimize these fees by making a single payment at the start of the year or semester. Instead, they pay small sums every payday, meaning they pay the fee twice per month (or even more frequently).

Not only is the sector concentrated into three companies, neither school districts nor parents have any meaningful way to shop around. For school districts, payment processing is usually bundled in with other school services, like student data management and HR data handling. For parents, there's no way to choose a different payment processor – you have to go with the one the school district has chosen.

This is all illegal. The USDA – which provides and regulates – the reduced cost lunch program, bans schools from charging fees to receive its meals. Under USDA regs, schools must allow kids to pay cash, or to top up their accounts with cash at the school, without any fees. The USDA has repeatedly (2014, 2017) published these rules.

Despite this, many schools refuse to handle cash, citing safety and security, and even when schools do accept cash or checks, they often fail to advertise this fact.

The USDA also requires schools to publish the fees charged by processors, but most of the districts in the study violate this requirement. Where schools do publish fees, we see a per-transaction charge of up to $3.25 for an ACH transfer that costs $0.26-0.50, or 4.58% for a debit/credit-card transaction that costs 1.5%. On top of this, many payment processors charge a one-time fee to enroll a student in the program and "convenience fees" to transfer funds between siblings' accounts. They also set maximum fees that make it hard to avoid paying multiple charges through the year.

These are classic junk fees. As Matt Stoller puts it: "'Convenience fees' that aren't convenient and 'service fees' without any service." Another way in which these fit the definition of junk fees: they are calculated at the end of the transaction, and not advertised up front.

Like all junk fee companies, school payment processors make it extremely hard to cancel an automatic recurring payment, and have innumerable hurdles to getting a refund, which takes an age to arrive.

Now, there are many agencies that could have compiled this report (the USDA, for one), and it could just as easily have come from an academic or a journalist. But it didn't – it came from the CFPB, and that matters, because the CFPB has the means, motive and opportunity to do something about this.

The CFPB has emerged as a powerhouse of a regulator, doing things that materially and profoundly benefit average Americans. During the lockdowns, they were the ones who took on scumbag landlords who violated the ban on evictions:

https://pluralistic.net/2021/04/20/euthanize-rentier-enablers/#cfpb

They went after "Earned Wage Access" programs where your boss colludes with payday lenders to trap you in debt at 300% APR:

https://pluralistic.net/2023/05/01/usury/#tech-exceptionalism

They are forcing the banks to let you move your account (along with all your payment history, stored payees, automatic payments, etc) with one click – and they're standing up a site that will analyze your account data and tell you which bank will give you the best deal:

https://pluralistic.net/2023/10/21/let-my-dollars-go/#personal-financial-data-rights

They're going after "buy now, pay later" companies that flout borrower protection rules, making a rogues' gallery of repeat corporate criminals, banning fine-print gotcha clauses, and they're doing it all in the wake of a 7-2 Supreme Court decision that affirmed their power to do so:

https://pluralistic.net/2024/06/10/getting-things-done/#deliverism

The CFPB can – and will – do something to protect America's poorest parents from having $100m of their kids' lunch money stolen by three giant fintech companies. But whether they'll continue to do so under a Kamala Harris administration is an open question. While Harris has repeatedly talked up the ways that Biden's CFPB, the DOJ Antitrust Division, and FTC have gone after corporate abuses, some of her largest donors are demanding that her administration fire the heads of these agencies and crush their agenda:

https://prospect.org/power/2024-07-26-corporate-wishcasting-attack-lina-khan/

Tens of millions of dollars have been donated to Harris' campaign and PACs that support her by billionaires like Reid Hoffman, who says that FTC Chair Lina Khan is "waging war on American business":

https://prospect.org/power/2024-07-26-corporate-wishcasting-attack-lina-khan/

Some of the richest Democrat donors told the Financial Times that their donations were contingent on Harris firing Khan and that they'd been assured this would happen:

https://archive.is/k7tUY

This would be a disaster – for America, and for Harris's election prospects – and one hopes that Harris and her advisors know it. Writing in his "How Things Work" newsletter today, Hamilton Nolan makes the case that labor unions should publicly declare that they support the FTC, the CFPB and the DOJ's antitrust efforts:

https://www.hamiltonnolan.com/p/unions-and-antitrust-are-peanut-butter

Don’t want huge companies and their idiot billionaire bosses to run the world? Break them up, and unionize them. It’s the best program we have.

Perhaps you've heard that antitrust is anti-worker. It's true that antitrust law has been used to attack labor organizing, but that has always been in spite of the letter of the law. Indeed, the legislative history of US antitrust law is Congress repeatedly passing law after law explaining that antitrust "aims at dollars, not men":

https://pluralistic.net/2023/04/14/aiming-at-dollars/#not-men

The Democrats need to be more than The Party of Not Trump. To succeed – as a party and as a force for a future for Americans – they have to be the party that defends us – workers, parents, kids and retirees alike – from corporate predation.

Support me this summer on the Clarion Write-A-Thon and help raise money for the Clarion Science Fiction and Fantasy Writers' Workshop!

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/07/26/taanstafl/#stay-hungry

Image: Cryteria (modified) https://commons.wikimedia.org/wiki/File:HAL9000.svg

CC BY 3.0 https://creativecommons.org/licenses/by/3.0/deed.en

[influencer-agency123]

Influencer Marketing for Fintech Brands in Dubai, UAE, GCC, MENA Region

Fintech companies are quickly gaining popularity all over the world, and Dubai, UAE has identified itself as a potent player in carrying Fintech companies. The core of this sector is innovation and therefore it is in a continuous search on how to reach the target market in a unique way. This is where influencer marketing for Fintech brands in Dubai comes into play.

That is why, the Influence marketing for Fintech brands in UAE becomes mandatory rather than a luxury. The discussion reveals that such an approach can be used by fintech organizations to improve the gap between products and consumer knowledge.

This blog post will explore the various ways in which FinTech brands can leverage creators, the value of influencer marketing, and how brands can effectively work with social media influencers.

How Can FinTech Brands in UAE Strategically Collaborate with FinTech Creators in the Middle East?

Choosing the Right Influencers

The first significant challenge that Fintech brands have to contend with is the finding of the right fintech influencers. This means that the strategy needs to be distinct from general consumer niche marketing since the target audience is structured within the financial sector. Some of the usual popular opinion leaders in this area are financial analysts, technology bloggers, and investment consultants who would usually have a large fan base among potential FinTech consumers in GCC region.

Establishing Clear Objectives

Collaboration with fintech influencers should be focused on certain goals, which should be written down. Regardless of whether the aim is to generate brand recognition, drive leads, or increase users’ engagement, such objectives are going to be set at the beginning to help identify the most suitable influencer marketing agency for FinTech brands in UAE, Middle East.

Creating Authentic Content

Authenticity is key. It is something that fintech influencers should be allowed to do to tweak the message in a way that they find will appealed to the audience. To increase people’s trust and credibility some ideas of content creation can be tutorials, live Q&A sessions, and financial planning webinars.

Leveraging Data and Analytics

There is also the aspect of performance tracking when working with an influencer marketing platform for FinTech brands. Evaluation enables changes to be made to the strategies so as to enhance the results. These are the types of data: engagement rates, conversion rates, and ROI.

Why Should FinTech Brands Choose Influencer Marketing to Reach Their Potential Customers?

Enhanced Trust and Credibility

Another major benefit of influencer marketing services for FinTech brands in MENA region is the passive or inherent trust, which audiences have placed on the promoters themselves. This is because when one influential personality comes out to recommend a given brand to his or her followers, such a brand will definitely gain a lot of recognition from the targeted group.

Targeted Audience Reach

Thus, brands benefit from fintech influencers because they help them attract a more specific audience. Whether you are looking at Facebook Influencer marketing for FinTech brands in UAE, Tiktok Influencer marketing for FinTech brands in Middle East or variations in other social platforms, the audience segmentation is very achievable.

Cost-Effective Marketing

Compared to other forms of advertising such as the print, electronic or billboard, this form of advertisement is cheaper. It’s about getting access to the audience of a person who already has their trust and attention partially earned.

Improved Engagement Rates

Awareness is usually considered to be an undeniably valuable component of any marketing plan and the same can be said about engagement. Fintech influencer content is likely to appeal more to the audience because it is considered to be much closer to reality and everyday life. The upshot of this higher engagement is usually a corresponding better ROI.

How to Use Social Media Influencers for FinTech Brands?

Facebook Influencer marketing for FinTech brands

Facebook Influencer marketing for FinTech brands in UAE can be even more beneficial because Facebook provides shifting and diverse advertising opportunities and sir for branding. The use of Facebook Live sessions, advertisements, and posts from money influence personalities can go a long way.

TikTok Influencer marketing for FinTech brands in the Middle East

Another path is Influencer marketing for FinTech brands in MENA region using TikTok which is still not highly explored but promising. Specifically due to its content sharing mechanism, TikTok is a great way to reach the younger audiences with short and entertaining pieces of content. Simple financial tips, a few tricks to make investment, or possibly cheerful animations will help to attract the attention of potential users.

Instagram Influencer marketing for FinTech brands

Instagram Influencer marketing for fintech primarily focuses on visuals. It is Instagram Stories, IGTV, and posts that showcase personal finance tips, and technology updates arranged in an appealing manner that can generate more traffic. Getting in touch with influential fintech social media personalities who are indeed savvy in matters concerning finances will aid in establishing content that will be appealing to the eye as well as filled with lots of informative data.

Linkedin Influencer marketing for FinTech brands

In regards to the best platforms, influencer marketing through LinkedIn is appropriate for B2B FinTech brands in GCC region. This platform enables FinTech brands to target the professional user group. LinkedIn has enabled its influencers to hold webinars, author articles, and proffer case studies that in turn boost your B2B FinTech solutions, thereby amplifying a brand’s reach.

Conclusion

The rise of influencer marketing shows that it opens various prospects for FinTech brands in Dubai. Evaluating the customer experience, focusing on the target audience, and a multiple-approach approach are the foundations of effective influencer marketing. Whether your niche is Facebook, Tiktok, Instagram, or Linkedln let the right influencer marketing company for FinTech brands get your products closer to consumers.

To tackle FinTech’s dynamic marketing strategies, it will be vital in the future to adapt these strategies to constantly target a more refined audience.

Want to raise the bar of your audience interaction? Get in touch with Grynow now to avail unmatched expertise!!

[ezulix]

Do you want to start your own b2b fintech business and looking for best solution then this is for you?

Ezulix software is a leading b2b fintech software development company in India. We offer multipls software solutions in a singel b2b admin portal. Here we have mulitple packages with multiple features.

By choosing our b2b software silver package, you can get all multi recharge, aeps, bbps, pancard and money transfer services into your admin panel with integrated mobile app and your brand website.

You can offer all services to your agents and can earn highest commission in the market.

For more details visit our website now or request a free live demo. www.ezulix.com or call at (+91)7230001612

[pricemint]

How to Get the Best Personal Loan Offers in India

Introduction

In today’s fast-paced world, financial needs often arise unexpectedly. Whether it’s a medical emergency, a home renovation project, or a dream vacation, personal loans can provide the financial flexibility you need to make your aspirations a reality.

Pricemint, an Indian fintech platform, is dedicated to helping individuals unlock their financial potential by offering a straightforward and user-friendly process for obtaining personal loans.

Benefits:

Loan Comparison: Easily compare personal loan offers from multiple banks and financial institutions.

Competitive Interest Rates: Access low-interest rates and potentially save money over the loan tenure.

Convenient Digital Process: Apply for personal loans conveniently online, from anywhere.

Customized Loan Offers: Get loan offers tailored to your unique financial situation.

Flexible Loan Amounts: Choose from a wide range of loan amounts to suit your needs.

Varied Tenure Options: Select a repayment period that matches your financial circumstances.

Regional Considerations: Loan terms are adjusted to regional factors that may affect your eligibility.

Transparent Process: Clear information about interest rates, fees, and terms is provided.

Personalized Assistance: Receive guidance and support throughout the loan application process.

Privacy and Security: Your personal information is protected in accordance with their Privacy Policy.

How to Get the Best Personal Loan in a Minute –

Step 1: Select Your Employment Type

The first step in securing a personal loan through Pricemint is to define your employment status. Pricemint recognizes that different employment types may have distinct loan eligibility criteria. You can choose from the following options:

Salaried: Select this option if you are employed by a company and receive a regular salary.

Self-Employed Professional: If you work independently as a professional, this is the choice for you.

Business Owner: If you own a business, you can choose this option.

This initial step helps Pricemint tailor your loan options to your specific employment situation, ensuring that you receive the most relevant loan offers.

Step 2: Your Monthly Salary

Your monthly income plays a crucial role in determining your eligibility and the loan terms available to you. In this step, you will be asked to provide your monthly in-hand income. It’s essential to provide an accurate representation of your earnings to receive loan offers that align with your financial capacity.

Alternatively, you can simply type in your monthly income to expedite the process.

Step 3: Choose Your Primary Bank Account

Selecting the bank account for loan disbursement and repayments is the next step in the process. Your primary account should be the one you actively use for your financial transactions. Pricemint offers a list of popular banks to choose from, including HDFC BANK, SBI BANK, ICICI BANK, KOTAK BANK, AXIS BANK, BOB BANK, YES BANK, and an option for OTHER BANK. This choice ensures seamless loan disbursements and repayments.

Step 4: Provide Your Employment/Company Name

To gain deeper insights into your employment details, Pricemint requests the name of your employer or company. This information helps in assessing your financial stability and eligibility for personal loans.

Step 5: What’s Your Residence Type?

Understanding your living situation is crucial for evaluating your lifestyle and its financial implications. You will be asked to choose from various residence types:

Owned by You/Spouse

Owned by Parents

Rented with Family

Rented and Stay Alone

Company Provided

By selecting the option that best represents your current residence type, you help Pricemint tailor loan offers to your specific circumstances.

Step 6: Enter Your Current Residence City or Town

To consider regional factors that may affect your loan terms and eligibility, Pricemint requests the city or location where you currently reside. This information ensures that the loan offers you receive are in line with the conditions in your area.

Step 7: All Set! What’s Your Desired Loan Amount?

Finally, it’s time to specify the loan amount you wish to borrow. Pricemint offers a flexible range, catering to various financial needs. You can choose from the following options:

Under 1 Lakh

2/4 Lakh

5/9 Lakh

10 Lakh And Above

This wide range provides the

flexibility to select the loan amount that best suits your unique financial requirements.

Final Step – Enter Your Personal Details

In the last step, you will be required to enter your personal details, including:

Your Name

Your Email Address

Your Phone Number

This information is necessary to complete the application process and to contact you with personalized loan offers.

By clicking the “Get Offers/Apply Now/Continue” button, you indicate your acceptance of the Privacy Policy, ensuring the security of your personal information.

Conclusion

Pricemint makes obtaining personal loans in India a hassle-free process. By following the step-by-step guide outlined in this article, you can seamlessly navigate the application process, receive personalized loan offers tailored to your unique circumstances, and secure the financial support you need to achieve your goals and secure your future.

With a wide range of loan amounts, flexible tenure options ranging from 3 months to 8 years, and the ability to compare multiple offers with different interest rates, Pricemint empowers you to make informed financial decisions and choose the best loan deal for your needs.

Don’t let financial constraints hold you back from pursuing your dreams and addressing your urgent financial needs. Unlock your financial potential with Pricemint’s user-friendly personal loan application process and take control of your financial future. Get started today and embark on your journey toward financial stability and prosperity.

[mobio-solutions]

Leaping into the exciting world of Fintech? Then you need the best allies in your journey. Choosing the right FinTech app development company can make or break your venture. Dive into our latest blog post to learn how to make an informed decision. Let's collaboratively unleash the power of innovation in fintech.

Navigate the complex world of Fintech with confidence!

[tumovs]

Bank-fintech partnerships have exploded in recent years! Instead of viewing each other solely as competitors, banks and fintechs are choosing to collaborate, working together to build and bring more innovative products to customers. The benefits of these partnerships are clear 🤝

⚡For banks: being able to adopt new technologies faster and cheaper than building them in-house.

⚡For fintechs: banks offer greater resources and the opportunity to reach thousands - perhaps millions - more customers around the world.

And for those customers, bank-fintech partnerships unlock more innovative ways for them to send, spend, and manage their money 💰💳However, these partnerships supported by BaaS providers could be under threat, as examples of companies falling down on compliance have inspired fresh regulatory scrutiny across the #US, UK and #Europe 🚫 Most recently in the #UK, BaaS provider Railsr is being monitored by the Financial Conduct Authority (#FCA) following concerns about the business’ health. Following emergency M&A talks, #Railsr now looks like it will be sold through pre-pack administration. This follows an investigation by Lithuania’s central bank over Railsr’s #AML failures. Regulators may increase oversight of partnerships facilitated by #BaaS providers, but there is a risk that what is in reality isolated incidents could lead to a backlash that makes bank-fintech partnerships appear far riskier than they are, and put banks and fintechs off of them for good ⚠️ Let's not forget that BaaS providers and early-stage fintechs already have limited and often stretched resources. Even for big banks with strong #compliance arms, partnerships may start to look like regulatory quagmires that suck up resources and nullify the biggest benefit of working with a fintech, which is making innovation faster and cheaper 💸💻 The truth is that regulation in its current form should prevent compliance failures and keep customers safe. 📌Regulators can help by providing specific lessons from incidents that allow all banks, fintechs and BaaS providers to revisit their compliance procedures with fresh eyes and make sure they have the tools in place to meet demands. This will give banks and fintechs the confidence to move forward with partnerships, and ensure that the industry and customers around the world continue to benefit from the products and services made possible by cross-industry collaboration in the years to come 🌎🌍🌏 Let's work together to make sure that bank-fintech partnerships continue to drive innovation and provide the best possible services to customers 🙌 _🤝 Dr. 𝐑𝐞𝐢𝐧𝐢𝐬 𝐓𝐔𝐌𝐎𝐕𝐒.

𝘗𝘭𝘦𝘢𝘴𝘦 𝘭𝘦𝘢𝘷𝘦 𝘤𝘰𝘮𝘮𝘦𝘯𝘵𝘴, 𝘴𝘶𝘣𝘴𝘤𝘳𝘪𝘣𝘦 𝘢𝘯𝘥 𝘧𝘰𝘭𝘭𝘰𝘸 𝘮𝘺 𝘯𝘦𝘸𝘴 𝘰𝘯 𝘮𝘺 𝘰𝘧𝘧𝘪𝘤𝘪𝘢𝘭 𝘴𝘰𝘤𝘪𝘢𝘭 𝘮𝘦𝘥𝘪𝘢 𝘱𝘢𝘨𝘦𝘴.

t.me/reinis_tumovs

facebook.com/TUMOVS

linkedin.com/in/tumovs

#tumovs #reinis_tumovs #rtumovs #rtgroup #тумовс #рейнис_тумовс

[businesscrown]

Top 5 Technology Trends in the BFS Industry

The banking and financial services (BFS) industry has been a significant player in the global economy, and technological advancements have had a profound impact on it.

A number of BFS companies outsource various business processes to third-party service providers to reduce costs, improve operational efficiency, and enhance customer experience. These banking BPO services enable BFS firms to prioritize their core business activities.

With the growing need to enhance customer experiences, streamline operations, and comply with regulatory requirements, these firms are adopting new technologies to stay ahead of the curve. In this blog, we will discuss the top 5 technology trends that will change the face of the BFS industry, 

Digital Channels Over Contact Approaches

The trend towards digital banking is gaining momentum, with consumers increasingly choosing digital channels such as online and mobile banking over traditional contact methods like visiting branches or contacting via phone. As digital maturity increases, this trend is expected to continue, easing customer interactions.

Experience-driven Enterprise

The banking sector has realized the role of good customer experience in boosting business. As part of their digital transformation, banks are emphasizing customer experience by developing solutions that prioritize ease, security, comfort, and engagement for their customers. Banks are working towards providing personalized offers, incorporating customer preferences, and enhancing the overall banking experience.

Open Banking API

In the current financial landscape, open banking is an essential driver of innovation and competition, forcing traditional banks to adapt to the changing environment. It provides customers with access to a wider range of services, products, and providers, and it allows for more personalized and tailored financial solutions. Banks can now exchange data with fintech and other third-party service providers using open APIs. As the lines between banking and other financial service providers blur, APIs have become a powerful tool for banks to develop new opportunities in cross-selling products and transactions.

These applications facilitate transactions on digital platforms more quickly, securely, and efficiently, increasing competitive pressures on banks to keep up with customer demands. Banks that embrace open banking and leverage APIs to provide innovative services will have a competitive advantage over those that don't.

Mobile Banking

In recent years, mobile banking has gained significant traction as customers can perform various banking activities, including checking account balances, transferring funds, and paying bills, from their smartphones due to the proliferation of smartphones and the internet. BFS firms are investing heavily in mobile banking technologies to enhance customer experience and improve customer retention.

Cloud Computing

The use of technology in the BFS industry is evolving rapidly, and one of the key trends driving this transformation is the adoption of cloud computing. BFS firms are leveraging this technology to reduce infrastructure costs, improve data security, and enhance scalability. With the growing need for real-time data processing and analytics, cloud computing is expected to play a significant role in the future of the BFS industry. In addition to the above, banks can also leverage banking BPM (Business Process Management) to streamline their operations and improve efficiency. By automating processes and workflows, banking BPM enables banks to reduce costs, improve service quality, and enhance customer experience. As the BFS industry continues to evolve, banks need to stay updated with the latest technology trends to remain competitive in the market.

[ocean-sands]

Fictober 2022 - Day 6

Prompt number: 6 - Adaptable, I like that

Original fiction: ARE

Rating: G

Warnings: N/A

“Welcome, welcome,” Director Nela said as Jordan led his team into the office. “Jordan, I must say I’m quite surprised you were able to gather a team for yourself. Introduce me.” 

Jordan nodded and introduced each member of his team. “This is Joelle, Danny and Tommie.” He pointed to each individual. “Joelle is our medical expert. We sometimes call her The Healer.” He chuckled before moving on. “This is Danny. He’s our technical genius. He even knows how to... rebuild them.” What he meant to say was ‘hack into secure systems,’ but that wasn’t a good idea right now. “And this is Tommie,” he continued, “She’s...” 

Tommie shrugged. “I’m here for moral support.” She said, unfazed, knowing she’s the only member of the team with no hard skills. 

“Well, then,” The director places four dossiers on her desk, Tommie’s in particular, much thicker than the rest. “I did a bit of a background check on each of you.” 

 “She has files on us?!” Tommie whispered to Jordan. 

“It’s a government agency, Tommie,” He whispered back. Tommie felt a pit in her stomach, thinking her career was over before it even began. 

“Let’s start with Miss Mansouri.” The director flipped a few pages and paused. “Sister of Sgt Alain Mansouri.” She removed her glasses and looked at Joelle. “I’m sorry for your loss. Alain was one of the best members of our army and we so dearly miss him.” Joelle simply nodded, wanting to move on from the subject of her twin brother.  

The director continued, “Impressive academic career, top of the class in law school, internships at giant law firms. A promising career ahead of you, but currently in medical school. Interesting.” 

“I had a change of heart.” Joelle said. 

“And how is it going for you?” 

“Just as well as law school.” 

“Wonderful,” the director said before picking up Danny’s dossier. “Moving on, Mr. Youn. Much less impressive academic career. Three-time college dropout and a former member of D3adL0ck. If I remember correctly, this is the same hacker group that gave us here quite the headache.” 

Danny shamefully avoided looking directly at her. “Once I found out who they really are, I quit. They’re not happy about it and still constantly threaten me.” 

The director nodded and continued. “Currently finding employment with FinTech companies... and Choi’s Tae Kwon Do?” 

“I inherited my grandfather’s Dojang.” 

The director nodded her head and picked up Tommie’s massive dossier. “Miss Valois is a high school dropout with many, many felonies and hundreds of misdemeanors. In and out of juvenile detention, but no record of adult prison, impressive. Tell me, Mr. Lyons, what exactly would Miss Valois bring to this team?” 

Jordan hung his head shamefully and scratched the back of his head. “She’s smart...” 

“That you’re right,” the director said, surprising the group. “I’ll tell you what she’ll bring to the team. What she lacks in academic achievement, she makes up in experience. She has, what you all call, ‘street cred’. And you had to be, didn’t you? You and your sister would constantly move to different foster homes and never really had a permanent home. It forced you to be adaptable, and I like that. Not to mention a genius IQ,”  

She closed her dossier and looked at the group. “This is who you choose to be on your team?” Jordan swallowed but slowly nodded. “You all know the seriousness of the situation and who you will be working for. Do you accept?”  

“Yes,” the four of them say in unison. 

“Well then, welcome to The United States Department of Homeland Security.”

[sparxitsolution1]

Top 5 MERN Stack Development Companies in New York

List of the best MERN Stack Development Agencies in New York

A dynamic website and web apps are now essential for any organization. Based on your initial impression of your web solutions, prospective consumers make decisions regarding your products or services.

Thus, it is crucial to capture your customer's interest right away. However, how will you go about doing that?

You can create dynamic websites and web applications using dependable open-source JavaScript software such as the MERN stack.

It combines four related technologies: MongoDB, ExpressJS, ReactJS, and NodeJS. The backend, frontend, and database components make up this system.

To assist you in your search, we have included a list of the top MERN stack service providers in New York.

1. SparxIT

Founded in 2007, SparxIT is a leading MERN stack development company in New York. The firm uses the best aspects of the MERN technology stack to develop specialized solutions for businesses. The company has 15+years of experience providing web and mobile solutions with many features.

It provides services to Fortune 500 companies, startups, and small-scale businesses with cutting-edge web solutions. The firm offers various MERN stack development services, including web app development, CMS development, migration and porting, enterprise app development, eCommerce app development, and more. 

Numerous industries, including FinTech, e-learning, logistics, eCommerce, travel, Blockchain, and others, are served by SparxIT. The company's well-known customers include Coca-Cola, Huawei, Motorola, HP, etc.

2. Zazz

Zazz, established in 2011, is one of the top web development firms in the USA. The company develops specialized web and mobile applications for large international companies, SMEs, and startups.

It provides essential services such as UI/UX design, Blockchain, custom software development, eCommerce development, etc. Reputable companies like Inclose, Ideal Smart, Sparehandz, etc., have received web solutions.

3. Ranosys

Another well-known mobile and web development company is Ranosys, established in 2008. The business offers services including Machine Learning, IoT, SaaS, Artificial Intelligence, Blockchain, E-Learning, Augmented Reality, Virtual Reality

They have talented MERN stack developers who strive to advance and master the market, be it an SME, a well-known company, or any organization. Each business received the best services possible from it. Prominent clients of the firm include Techbuyer, Steve Madden, Dior, etc.

4. Software Pro

Software Pro is an IT solutions provider in New York and was founded in 2015. With the assistance of the technology stack and over 200 software engineers, project managers, and designers, they offer end-to-end customized web solutions.

The business offers cutting-edge web solutions to both small businesses and established corporations. It has worked on projects for various sectors, including e-learning, FinTech, and healthcare. They have helped well-known companies, including Fika, Telenor, PayPal, etc., to expand their operations. 

5. Bytes Technolab Inc.

By using custom software solutions, Bytes Technolab Inc. has helped businesses in various industries since 2011. They take care of the IT needs of businesses of different kinds, from startups to big corporations. The company offers its clients global services with 850+ IT professionals.

The company uses the engaging and user-friendly MERN stack to create websites and mobile apps. Additionally, it provides cutting-edge technology like Blockchain, AI, AR/VR, etc. Companies like Ragnar, Keyolo, Finale Inventory, etc., have benefited from their assistance.

Conclusion

The firms stated above are the top 5 MERN Stack Development Companies in New York. You need to work with MERN stack developers that the most prominent brands utilize, respect, and are familiar with. Choose the development firm that fits your company's objective, goals, spending limit, and expertise. Before hiring MERN stack engineers, you should check the company's reviews and portfolio. 

[moscheamara]

Do you intend to create software for your company?

Do you have a tight spending plan?

If so, offshore software development companies can be your best option.

There are several benefits to hiring an offshore development agency, including competent software engineers, lower costs, quicker software deployment, etc.

However, as a business owner, you might have a lot of questions on your mind, such as:

Which is the best offshore development firm? 

Don't worry, though.

All the questions mentioned above' answers can be found on this blog. We will go over the top 5 offshore developers who have established their names due to their outstanding services.

List of The Best Offshore Software Development Companies

SparxIT

Founded: 2007

Clutch Rating: 4.8

Hourly Rates: $25-$49/hr

Prominent Clients: Coca-Cola, Huawei, Motorola, HP, etc.

SparxIT is a leading offshore software development company based in the USA. The firm offers various offshore development services, including fast onboarding, dedicated account manager, team outsourcing, staff augmentation, virtual CTO, developers cost optimization, etc.

The company has delivered its services to Fortune 500 businesses, SMEs, and well-known brands. SparxIT offers complete web and mobile app solutions across various industries, including travel, fintech, logistics, healthcare, real estate, etc.

Other Services Include:

Blockchain Development

Artificial Intelligence

IoT (Internet of Things)

NFT Development 

AR/VR

2. BairesDev

Founded: 2009

Hourly Rates: $50-$99/hr

Prominent Clients: Urban Outfitters, SiriusXM, ViacomCBS, Chime, etc.

They are the top providers of offshore software solutions. They design and create scalable, high-performing software solutions for their client's businesses. 

BairesDev translates digital transformation into digital acceleration using technological know-how and cross-industry experience. 

They offer time zone-aligned services to enable Fortune 500 organizations and top brands. The firm has more than 5,000 seasoned developers in 36 countries.

Other Services Include:

Inventory Database Software Solutions

Healthcare App Development

Real Estate Data Management Software

Blockchain and Education

3. iTechArt Group

Founded: 2002

Hourly Rates: $50 – $99 / hr

Major Clients: ClassPass, Freshly, Merkle, DealCloud, etc

iTechArt is a mobile app development company in the United States. It is a digital product consultancy firm that helps businesses reach their goals. The company has over 3,500 developers with vast experience in mobile, web, DevOps, cloud, and emerging technologies.

Services Include:

FinTech

EdTech

Ecommerce

Real Estate

AR/VR

Business intelligence 

4. Innowise Group

Founded: 2007

Hourly Rates: $50-$99/hr

Prominent Clients: Terraces.io, Voka, Belyagdar, Instatsport, etc.

Innowise Group is an IT outsourcing and staff augmentation firm in the United States. The agency provides its services to large and small-scale industries. 

They specialize in custom software development, cloud migration, testing, and quality assurance. 

Other Services Include:

Team Extension (Staff Augmentation, Dedicated Teams)

IT Outsourcing

Custom Software Development

Enterprise Application Integration

Web & Mobile Development

5. Resourcifi

Founded: 2016

Hourly Rates: $25 – $49 / hr

Major Clients: Stanford University, Proximity Learning, FitFiends, etc.

Resourcifi is a leading technology solution partner in the USA. They assist businesses in building user-friendly, creative and robust software solutions. 

The firm has experienced software engineers and extensive compliance protocols to build top-notch solutions tailored to business needs. 

Services Include

Healthcare Software Development

Mobile App Development

Healthcare Software Development

Website Development

Conclusion

Choosing a reliable offshore development company can be challenging as so many exist. To make a unique software solution that draws more target audience, you should hire app developers with relevant industry experience and impressive portfolios.

[mostlysignssomeportents]

Stinkpump Linkdump

Next Tuesday (December 5), I'm at Flyleaf Books in Chapel Hill, NC, with my new solarpunk novel The Lost Cause, which 350.org's Bill McKibben called "The first great YIMBY novel: perceptive, scientifically sound, and extraordinarily hopeful."b

Once again, I greet the weekend with more assorted links than I can fit into my nearly-daily newsletter, so it's time for another linkdump. This is my eleventh such assortment; here are the previous volumes:

https://pluralistic.net/tag/linkdump/

I've written a lot about Biden's excellent appointees, from his National Labor Relations Board general counsel Jennifer Abruzzo to Consumer Financial Protection Bureau chair Rohit Chopra to FTC Chair Lina Khan to DoJ antitrust boss Jonathan Kanter:

https://pluralistic.net/2023/09/14/prop-22-never-again/#norms-code-laws-markets

But I've also written a bunch about how Biden's appointment strategy is an incoherent mess, with excellent appointees picked by progressives on the Unity Task Force being cancelled out by appointees given to the party's reactionary finance wing, producing a muddle that often cancels itself out:

https://pluralistic.net/2023/11/08/fiduciaries/#but-muh-freedumbs

It's not just that the finance wing of the Democrats chooses assholes (though they do!), it's that they choose comedic bunglers. The Dems haven't put anyone in government who's as much of an embarrassment as George Santos, but they keep trying. The latest self-inflicted Democratic Party injury is Prashant Bhardjwan, a serial liar and con-artist who is, incredibly, the Biden Administration's pick to oversee fintech for the Office of the Comptroller of the Currency (OCC):

https://www.americanbanker.com/news/did-the-occ-hire-a-con-artist-to-oversee-fintech

When the 42 year old Bhardjwan was named Deputy Comptroller and Chief Financial Technology Officer for OCC, the announcement touted his "nearly 30 years of experience serving in a variety of roles across the financial sector." Apparently Bhardjwan joined the finance sector at the age of 12. He's the Doogie Houser of Wall Street:

https://www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-31.html

That wasn't the only lie on Bhardjwan's CV. He falsely claimed to have served as CIO of Fifth Third Bank from 2006-2010. Fifth Third has never heard of him:

https://www.theinformation.com/articles/the-occ-crowned-its-first-chief-fintech-officer-his-work-history-was-a-web-of-lies

Bhardjwan told a whole slew of these easily caught lies, suggesting that OCC didn't do even a cursory background search on this guy before putting him in charge of fintech – that is, the radioactively scammy sector that gave us FTX and innumerable crypto scams, to say nothing of the ever-sleazier payday lending sector:

https://pluralistic.net/2023/05/01/usury/#tech-exceptionalism

When it comes to appointing corrupt officials, the Biden administration has lots of company. Lots of eyebrows went up when the UN announced that the next climate Conference of the Parties (COP) would be chaired by Sultan Ahmed Al-Jaber, who is also the chair of Dubai's national oil company. Then the other shoe dropped: leaks revealed that Al-Jaber had colluded with the Saudis to use COP28 to get poor Asian and African nations hooked on oil:

https://www.bbc.com/news/science-environment-67508331

There's an obvious reason for this conspiracy: the rich world is weaning itself off of fossil fuels. Today, renewables are vastly cheaper than oil and there's no end in sight to the plummeting costs of solar, wind and geothermal. While global electrification faces powerful logistical and material challenges, these are surmountable. Electrification is a solvable problem:

https://pluralistic.net/2021/12/09/practical-visionary/#popular-engineering

And once we do solve that problem, we will forever transform our species' relationship to energy. As Deb Chachra explains in her brilliant new book How Infrastructure Works, we would only need to capture 0.4% of the solar radiation that reaches the Earth's surface to give every person on earth the energy budget of a Canadian (AKA, a "cold American"):

https://pluralistic.net/2023/10/17/care-work/#charismatic-megaprojects

If COP does its job, we will basically stop using oil, forever. This is an existential threat to the ruling cliques of petrostates from Canada to the UAE to Saudi. As Bill McKibben writes, this isn't the first time a monied rich-world industry that had corrupted its host governments faced a similar crisis:

https://billmckibben.substack.com/p/a-corrupted-cop

Big Tobacco spent decades fueling science denial, funneling money to sellout scientists who deliberately cast doubt on both sound science and the very idea that we could know anything. As Tim Harford describes in The Data Detective, Darrell Huff's 1954 classic How to Lie With Statistics was part of a tobacco-industry-funded project to undermine faith in statistics itself (the planned sequel was called How To Lie With Cancer Statistics):

https://pluralistic.net/2021/01/04/how-to-truth/#harford

But anything that can't go on forever will eventually stop. When the families of the people murdered by tobacco disinformation campaigns started winning eye-popping judgments against the tobacco industry, the companies shifted their marketing to the Global South, on the theory that they could murder poor brown people with impunity long after rich people in the north forced an end to their practice. Big Tobacco had a willing partner in Uncle Sam for this project: the US Trade Representative arm-twisted the world's poorest countries into accepting "Investor-State Dispute Settlements" as part of their treaties. These ISDS clauses allowed tobacco companies to sue governments that passed tobacco control legislation and force them to reverse their democratically enacted laws:

https://ash.org/what-is-isds-and-what-does-it-mean-for-tobacco-control/

As McKibben points out, the oil/climate-change playbook is just an update to the tobacco/cancer-denial conspiracy (indeed, the same think-tanks and PR agencies are behind both). The "Oil Development Sustainability Programme" – the Orwellian name the Saudis gave to their plan to push oil on poor countries – maps nearly perfectly onto Big Tobacco's attack on the Global South. Nearly perfectly: second-hand smoke in Indonesia won't give Americans cancer, but convincing Africa to go hard on fossil fuels will contribute to an uninhabitable planet for everyone, not just poor people.

This is an important wrinkle. Wealthy countries have repeatedly demonstrated a deep willingness to profit from death and privation in the poor world – but we're less tolerant when it's our own necks on the line.

What's more, it's far easier to put the far-off risks of emissions out of your mind than it is to ignore the present-day sleaze and hypocrisy of corporate crooks. When I quit smoking, 23 years ago, my doctor told me that if my only motivation was avoiding cancer 30 years from now, I'd find it hard to keep from yielding to temptation as withdrawal set in. Instead, my doctor counseled me to find an immediate reason to stay off the smokes. For me, that was the realization that every pack of cigarettes I bought was enriching the industry that invented the denial playbook that the climate wreckers were using to render our planet permanently unsuited for human habitation. Once I hit on that, resisting tobacco got much easier:

https://pluralistic.net/2021/06/03/i-quit/

Perhaps OPEC Secretary General Haitham Al-Ghais is worried about that the increasing consensus that Big Oil cynically and knowingly created this crisis. That would explain his new flight of absurdity, claiming that the world is being racist to oil companies, "unjustly vilifying" the industry for its role in the climate emergency:

https://www.cnbc.com/2023/11/27/opec-says-oil-industry-unjustly-vilified-ahead-of-climate-talks-.html

Words aren't deeds, but words have power. The way we talk about things makes a difference to how we act on those things. When discussions of Israel-Palestine get hung up on words, it's easy to get frustrated. The labels we apply to the rain of death and the plight of hostages are so much less important than the death and the hostages themselves.

But how we name the thing will have an enormous impact on what happens next. Take the word "genocide," which Israel hawks insist must not be applied to the bombing campaign and siege in Gaza, nor to the attacks on Palestinians in the West Bank. On this week's On The Media, Brooke Gladstone interviews Ernesto Verdeja, executive director of The Institute for the Study of Genocide:

https://www.wnycstudios.org/podcasts/otm/segments/genocide-powerful-word-so-why-its-definition-so-controversial-on-the-media

Verdeja lays out the history of the word "genocide" and connects it to the Israeli government and military's posture on Palestine and Palestinians, and concludes that the only real dispute among genocide scholars is whether the current campaign it itself an act of genocide, or a prelude to an act of genocide.

I'm not a genocide scholar, but I am a Jew who has always believed in Palestinian solidarity, and Verdeja's views do not strike me as outrageous, or (more importantly) antisemitic. The conflation of opposition to Israel's system of apartheid with opposition to Jews is a cheap trick, one that's belied by Israel itself, where there is a vast, longstanding political opposition to Israeli occupation, settlements, and military policing. Are all those Israeli Jews secret antisemites?

Jews are not united in support for Israel's oppression of Palestinians. The hardliners who insist that any criticism of Israel is antisemitic are peddling an antisemitic lie: that all Jews everywhere are loyal to Israel, and that we all take our political positions from the Knesset. Israel hawks only strengthen that lie when they accuse me and my fellow Jews of being "self-hating Jews."

This leads to the absurd circumstance in which gentiles police Jews' views on Israel. It's weird enough when white-nationalist affiliated evangelicals who support Israel in order to further the end-times prophesied in Revelations slam Jews for being antisemitic. But in Germany, it's even weirder. There, regional, non-Jewish officials charged with policing antisemitism have censured Jewish groups for adopting policies on Israel that mainstream Israeli political parties have in their platforms:

https://jewishcurrents.org/the-strange-logic-of-germanys-antisemitism-bureaucrats

Antisemitism is real. As Jesse Brown describes in his recent Canadaland editorial, there is a real and documented rise in racially motivated terror against Jews in Canada, including school shootings and a firebombing. Likewise, it's true that some people who support the Palestinian cause are antisemites:

https://www.canadaland.com/podcast/is-jesse-a-zionist-editorial/

But to stand in horror at Israel's military action and its vast civilian death-toll is not itself antisemitic. This is obvious – so obvious that the need to say it is a tribute to Israel hardliners – Jewish and gentile – and their ability to peddle the racist lie that Israel is Jews and Jews are Israel, and that every Jew is in support of, and responsible for, Israeli war-crimes and crimes against humanity.

One need not choose between opposition to Hamas and its terror and opposition to Israel and its bombings. There is no need for a hierarchy of culpability. As Naomi Klein says, we can "side with the child over the gun":

https://www.theguardian.com/commentisfree/2023/oct/11/why-are-some-of-the-left-celebrating-the-killings-of-israeli-jews

Moral consistency is not moral equivalency. If you're a Jew like me who wants to work for an end to the occupation and peace in the region, you could join Jewish Voice For Peace (like me):

https://www.jewishvoiceforpeace.org

Now, for a jarring tone shift. In these weekend linkdumps, I put a lot of thought into how to transition from one subject to the next, but honestly, there's no good transition from Israel-Palestine to anything else (yet – though someday, perhaps). So let's just say, "word games can be important, but they can also be trivial, and here are a few of the latter."

Start with a goodie, from the always brilliant medievalist Eleanor Janeaga, who tackles the weirdos who haunt social media in order to dump on people with PhDs who call themselves "doctor":

https://going-medieval.com/2023/11/29/doctor-does-actually-mean-someone-with-a-phd-sorry/

Janega points out that the "doctor" honorific was applied to scholars for centuries before it came to mean "medical doctor." But beyond that, Janega delivers a characteristically brilliant history of the (characteristically) weird and fascinating tale of medieval scholarship. Bottom line, we call physicians "doctor" because they wanted to be associated with the brilliance of scholars, and thought that being addressed as "doctor" would add to their prestige. So yeah, if you've got a PhD, you can call yourself doctor.

It's not just doctors; the professions do love their wordplay. especially lawyers. This week on Lowering The Bar, I learned about "a completely ludicrous court fight that involved nine law firms that combined for 66 pages of briefing, declarations, and exhibits, all inflicted on a federal court":

https://www.loweringthebar.net/2023/11/federal-court-ends-double-spacing-fight.html

The dispute was over the definition of "double spaced." You see, the judge in the case told counsel they could each file briefs of up to 100 pages of double-spaced type. Yes, 100 pages! But apparently, some lawyer burn to write fat trilogies, not mere novellas. Defendants accused the plaintiffs in this case of spacing their lines a mere 24 points apart, which allowed them to sneak 27 lines of type onto each page, while defendants were confined to the traditional 23 lines.

But (the court found), the defendants were wrong. Plaintiffs had used Word's "double-spacing" feature, but had not ticked the "exact double spacing" box, and that's how they ended up with 27 lines per page. The court refused to rule on what constituted "double-spacing" under the Western District of Tennessee’s local rules, but it ruled that the plaintiffs briefs could fairly be described as "double-spaced." Whew.

That's your Saturday linkdump, jarring tone-shift and all. All that remains is to close out with a cat photo (any fule kno that Saturday is Caturday). Here's Peeve, whom I caught nesting most unhygienically in our fruit bowl last night. God, cats are gross:

https://www.flickr.com/photos/doctorow/53370882459/

It's EFF's Power Up Your Donation Week: this week, donations to the Electronic Frontier Foundation are matched 1:1, meaning your money goes twice as far. I've worked with EFF for 22 years now and I have always been - and remain - a major donor, because I've seen firsthand how effective, responsible and brilliant this organization is. Please join me in helping EFF continue its work!

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/12/02/melange/#defendants_motion_to_require_adherence_with_formatting_requirements_of_local_rule_7.1

Stinkpump Linkdump

[ritikblogs]

IT Companies in Vizag: Emerging as a Growing Tech Hub in India

Visakhapatnam, popularly known as Vizag, has evolved from a port city into one of India’s burgeoning IT hubs. With its scenic coastal beauty and growing urban infrastructure, the city is now attracting attention from IT companies and tech startups alike. As the IT sector continues to expand beyond traditional centres like Bengaluru and Hyderabad, Vizag has become a key destination for businesses looking to tap into emerging opportunities.

In this article, we explore the IT companies in Vizag and the factors that make it an attractive destination for technology firms.

Why Vizag is Becoming a Preferred IT Hub

1. Government Initiatives

The government of Andhra Pradesh has been actively promoting Vizag as an IT destination by implementing policies and incentives aimed at attracting investments in the technology sector. The establishment of the IT Special Economic Zone (ITSEZ) and the Fintech Valley initiative has positioned Vizag as a significant player in the IT industry. These initiatives have resulted in the establishment of several global IT companies and homegrown startups in the city.

2. Skilled Workforce

Vizag is home to several prestigious educational institutions, including Andhra University and GITAM (Gandhi Institute of Technology and Management), which produce a steady stream of engineering and technology graduates. This well-trained local talent pool makes it easier for IT companies to recruit skilled professionals. Additionally, the availability of trained employees reduces operational costs for businesses, which is why many IT firms are choosing Vizag as their base.

3. Cost Advantage

One of the biggest advantages of Vizag over larger IT hubs is its cost-effectiveness. The cost of living, office rentals, and operational expenses are significantly lower compared to cities like Bengaluru, Hyderabad, or Chennai. This allows IT companies to operate at lower costs without compromising on quality. For startups and small to medium-sized enterprises (SMEs), this financial benefit makes Vizag a favorable destination.

4. Infrastructure and Connectivity

Vizag boasts a rapidly developing infrastructure, including tech parks, business centers, and IT campuses. The city is well-connected through its airport, seaport, and railways, making it accessible for national and international businesses. The construction of IT parks such as Rushikonda IT Park and the upcoming Millennium Tower provides the necessary ecosystem for technology firms to establish their operations seamlessly.

Leading IT Companies in Vizag

Several IT companies have already established their presence in Vizag, contributing to the city’s reputation as a growing tech hub. Below are some of the prominent IT companies operating in Vizag:

1. Wipro

Wipro, one of India’s largest IT services companies, has set up operations in Vizag to tap into the region’s growing tech market. Wipro provides software solutions, IT consulting, and business process outsourcing (BPO) services from its Vizag facility, catering to both domestic and international clients.

2. Tech Mahindra

Tech Mahindra, another major player in India’s IT industry, has established a development center in Vizag. The company focuses on a wide range of services, including digital transformation, artificial intelligence, and enterprise IT solutions. Tech Mahindra’s Vizag center serves clients in industries such as telecommunications, healthcare, and manufacturing.

3. Conduent

Conduent is a leading business process services company that operates in Vizag. With a focus on digital platforms and customer experience management, Conduent provides innovative solutions to a global client base from its Vizag office. The company is involved in healthcare, public services, transportation, and customer experience management.

4. IBM

IBM has a presence in Vizag, leveraging the city’s skilled workforce to provide cutting-edge IT services. The company offers solutions in cloud computing, data analytics, artificial intelligence, and cybersecurity. IBM’s operations in Vizag focus on delivering IT consulting and enterprise technology services to businesses worldwide.

5. Infosys

Infosys, one of India’s largest IT services firms, has a significant presence in Vizag. The company’s office in the city handles software development, IT consulting, and business process management services. Infosys’ investment in Vizag highlights the city’s growing importance in the Indian IT landscape.

6. Cognizant

Cognizant, a global leader in IT services and consulting, operates a delivery center in Vizag. The company offers a broad range of services, including digital transformation, artificial intelligence, and cloud computing. Cognizant’s Vizag center plays a key role in delivering IT services to clients across various industries such as healthcare, finance, and retail.

7. Cyient

Cyient, a global engineering and technology solutions company, has set up operations in Vizag to tap into the city’s talent pool. The company provides solutions in aerospace, healthcare, telecommunications, and geospatial services. Cyient’s presence in Vizag further reinforces the city’s reputation as a growing hub for tech innovation.

Opportunities for IT Startups

While large IT companies are already making their mark, Vizag is also becoming a hotbed for startups. The city’s lower operational costs and access to a talented workforce provide an ideal environment for tech entrepreneurs to establish their ventures. From artificial intelligence and cloud computing to cybersecurity and fintech, startups are leveraging the supportive ecosystem to develop innovative solutions.

The presence of incubation centers, mentorship programs, and financial incentives from the government has further boosted the growth of the startup ecosystem in Vizag.

The Future of IT in Vizag

As more IT companies continue to establish operations in Vizag, the city is expected to witness exponential growth in the technology sector. The Andhra Pradesh government’s vision to develop Vizag as a global fintech and IT destination has laid a strong foundation for future growth.

The city’s strategic location, availability of skilled talent, cost-effectiveness, and supportive government policies make it an ideal destination for both established IT giants and aspiring startups. With ongoing investments in infrastructure and a growing focus on emerging technologies like AI, blockchain, and cloud computing, Vizag is set to become a key player in India’s IT landscape.

Conclusion

Vizag is rapidly emerging as a major IT hub in India, offering a wealth of opportunities for both large corporations and startups. With a supportive business environment, a skilled workforce, and a growing tech ecosystem, the city is poised for significant growth in the coming years. Whether you’re a multinational corporation or a budding entrepreneur, Vizag offers an ideal landscape for establishing a successful IT business.

[ezulix]

Benefits of Fintech Development Outsourcing

Fintech software development outsourcing is the key of starting your own brand b2b fintech business without having technical background.

Ezulix Software is a leading fintech software development outsourcing service provider company in India.

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Fintech and Philanthropy: How Technology is Boosting Corporate Giving

Introduction

The worlds of finance and technology have seen unprecedented innovation in recent years, and one area where this intersection is making a powerful impact is in corporate philanthropy. Traditionally, corporate giving has been an essential part of corporate social responsibility (CSR), but fintech is now supercharging how businesses donate, track their impact, and engage with their communities.

This article explores how fintech is reshaping the landscape of corporate philanthropy, making giving more transparent, efficient, and impactful.

1. Streamlining Corporate Donations with Digital Platforms

One of the most significant ways fintech is enhancing corporate giving is by creating digital donation platforms that simplify and automate the donation process. These platforms are designed to allow companies to contribute more efficiently to causes they care about.

a. Automated Payroll Giving

With fintech solutions, companies can now enable payroll giving, allowing employees to donate a portion of their salary directly to charitable organizations. These automated systems make it easy for employees to opt-in, choose the causes they support, and adjust contributions over time, ensuring a steady stream of donations from both the company and its workforce.

b. Digital Fundraising Campaigns

Fintech is also transforming corporate fundraising campaigns. Companies can launch digital fundraising campaigns that harness the power of crowdfunding, encouraging employees, customers, and stakeholders to contribute to causes. These platforms provide seamless integration with payment systems, making it simple for donors to participate, whether through direct payments or monthly subscriptions.

Key Takeaway: Fintech is automating and simplifying the donation process, making it easier for companies and their employees to support philanthropic efforts consistently.

2. Increasing Transparency and Trust with Blockchain

A growing challenge in philanthropy is ensuring that donations are used effectively and transparently. Fintech, particularly blockchain technology, is addressing this by creating verifiable records of how funds are distributed and utilized.

a. Transparent Donation Tracking

Blockchain offers immutable and transparent ledgers, enabling corporations and donors to track exactly where their money goes and how it's being spent. This increased transparency builds trust between donors and organizations, assuring them that their contributions are being used responsibly and for the intended purposes.

b. Reducing Fraud in Charitable Giving

Incorporating fintech solutions like blockchain can also help reduce fraud in charitable donations by ensuring that funds go directly to verified organizations. This eliminates the risk of donations being diverted or misused, providing peace of mind for corporate donors who want to ensure their contributions have a meaningful impact.

Key Takeaway: Blockchain technology is enhancing transparency and accountability in corporate giving, allowing businesses to track donations and ensure they are used effectively.

3. Enabling Real-Time Impact Measurement

Fintech is also improving how companies measure the impact of their giving. By leveraging data analytics and real-time reporting, corporations can get detailed insights into how their donations are driving change.

a. Data-Driven Philanthropy

Fintech platforms offer real-time data analytics on how corporate donations are being used and their outcomes. Whether it’s tracking the number of lives impacted by a healthcare initiative or measuring environmental progress in conservation projects, these analytics provide businesses with clear, measurable insights into their philanthropic efforts.

b. Personalized Impact Reports

Many fintech-powered platforms provide personalized impact reports to corporations, detailing the outcomes of their giving initiatives. These reports help companies communicate their philanthropic impact to stakeholders, customers, and employees, strengthening their reputation as responsible corporate citizens.

Key Takeaway: Fintech solutions are helping businesses move toward data-driven philanthropy by offering real-time insights into the impact of their donations.

4. Enhancing Employee Engagement in Corporate Giving

Employee engagement is a critical component of any successful corporate giving program, and fintech is creating new ways for businesses to involve their workforce in philanthropic efforts.

a. Matching Donation Platforms

Fintech has introduced matching donation platforms, where companies can match employee donations dollar-for-dollar, amplifying the impact of their contributions. These platforms automate the matching process, making it easier for both employees and employers to participate and track contributions.

b. Gamification of Giving

Some fintech platforms are using gamification to encourage employee participation in corporate giving. By incorporating rewards, badges, or milestones into donation programs, businesses can increase employee engagement and foster a sense of community around their philanthropic efforts.

Key Takeaway: Fintech is enhancing employee engagement in corporate giving by introducing matching platforms and gamification, making the process more interactive and rewarding for employees.

5. Expanding Access to Global Philanthropy

Fintech’s global reach is breaking down barriers, allowing corporations to participate in philanthropy on a global scale. This expanded access means businesses can contribute to causes and organizations around the world, amplifying their social impact.

a. Cross-Border Donations

Fintech solutions have made cross-border donations more accessible by offering seamless currency conversion and secure international transactions. Businesses can now support global initiatives with the same ease as local donations, expanding their philanthropic reach to international causes and NGOs.

b. Partnerships with Global Organizations

Many fintech platforms are forming partnerships with global nonprofits and organizations, making it easier for corporations to connect with causes that align with their values. These partnerships also help businesses navigate regulatory and logistical challenges when contributing to foreign organizations, ensuring compliance and efficiency in the donation process.

Key Takeaway: Fintech is expanding corporate philanthropy beyond borders, allowing businesses to support global causes and initiatives more easily than ever before.

6. Supporting Sustainable Philanthropy through Microfinance

Fintech has long been associated with innovations in microfinance, and this concept is now making its way into corporate giving. Through corporate microfinance programs, businesses can support small-scale entrepreneurs and social enterprises that drive sustainable economic development in underserved communities.

a. Peer-to-Peer Lending for Social Good

Fintech platforms enable companies to participate in peer-to-peer lending, offering microloans to entrepreneurs in developing regions. These loans help fund small businesses and community projects, creating sustainable growth and fostering economic independence in low-income areas.

b. Corporate Social Investment Funds

Some fintech platforms are establishing corporate social investment funds, which allow businesses to pool resources into impact-driven financial products. These funds are used to support socially responsible investments, such as clean energy, affordable healthcare, and education, providing corporations with both financial returns and social impact.

Key Takeaway: Fintech is helping corporations support sustainable philanthropy by enabling microfinance and social investment opportunities that promote long-term economic and social benefits.

Outcome

Fintech is revolutionizing corporate philanthropy by providing innovative tools that enhance the efficiency, transparency, and impact of corporate giving programs. From automating donations to leveraging blockchain for transparency, fintech is making it easier for businesses to contribute to social and environmental causes while engaging their employees and stakeholders.