A naukri.com initiative
Financial News
TechBullion
21h
219
Image Credit: TechBullion
Hxeyy Review – Hxeyy.co Withdrawal Issues & Recovery Solution
- Hxeyy.co is facing withdrawal issues and raising concerns about its legitimacy.
- Traders have reported questionable practices by Hxeyy.co, casting doubts on its reliability.
- Broker Complaint Alert (BCA) provides assistance in recovering funds and reporting scams.
- BCA helps victims document and report fraudulent activities, collaborating with legal experts for recovery.
Read Full Article
13 Likes
Pymnts
21h
308
Image Credit: Pymnts
As AI Sharpens Its Act, Tech’s New Tools Scout Out Fakes
- Companies are developing robust fake detection tools using AI to tackle bad actors seeking to exploit their platforms.
- Fraud is a growing problem with far-reaching implications for fields ranging from eCommerce to journalism to politics.
- OpenAI has launched a new system to identify images generated by its own DALL-E 3 text-to-image generator.
- AI can assist in generating new programming code, completing partially written code, and translating code between programming languages to tackle fraud.
- Retailers can leverage AI to combat fraud more effectively, meeting bad actors where they are and, even better, beating them at their own game.
- Amazon is intensifying its use of AI to combat fraudulent reviews. The company reported that its AI systems blocked over 200 million suspected fake reviews worldwide in 2022.
- Developing AI robust fake detection tools is becoming a priority for companies to prevent fraud and protect both customer identities and revenue streams.
- Artificial intelligence is set to revolutionize fraud prevention and detection for retailers.
- Generative AI can assist in quicker model development for emerging schemes or more efficient fraud model tuning and management.
- AI models can assess fraud risk in real time when transactions occur at the point of sale, ensuring that highly suspicious transactions are declined.
Read Full Article
18 Likes
TechBullion
21h
182
Image Credit: TechBullion
Choosing the Right Talent Management Software for Business Success
- Choosing the right talent management software is crucial for business success.
- Talent management software helps companies attract, develop, and retain employees.
- Automation and streamlined processes are key benefits of talent management software.
- Consider factors like user-friendly interfaces, integration capabilities, analytics, customization, and security when selecting the software.
Read Full Article
10 Likes
TechBullion
21h
193
Image Credit: TechBullion
Former Tesla Exec Leads New Climate Fintech: Interview With Tim Newell, CEO Of Aspiration
- Aspiration, a financial technology company, offers digital and online green consumer financial services to individuals and families that include checking, savings, and investment accounts to combat climate change in everyday spending and saving.
- The demand for climate-friendly financial products is growing as people are increasingly concerned about climate change; it is translating to over 100 million people interested in enrolling for climate-friendly financial services.
- Most of the average American family deposits in digital banks are projected to grow at a rate of 14 times faster than in traditional banks.
- Aspiration’s products offer fossil fuel-free deposits, tree planting program, and carbon offsets as built-in features to reduce the carbon footprint by 57%, and bring climate action to everyday tasks and routines actively.
- In terms of climate impact, depositing money in environmental banks like Aspiration, rather than traditional big banks that invest in the fossil fuel industry, is the most powerful action that an average American family can take.
- Aspiration’s complete focus is on the 50 million climate-conscious consumers who are actively seeking to improve their daily choices through the products and services they purchase.
- Aspiration is committed to never investing or using customer deposits to fund fossil fuel exploration or production.
- AI will have a transformative impact in enhancing the transparency of all kinds of financial transactions including the climate impact of investments or transactions.
- Aspiration has planted more than 28 million trees, estimated to remove over 4.4 million tons of carbon dioxide equivalent from the atmosphere.
- The Aspiration brand not only allows customers to make a positive impact but also helps them shop more sustainably.in sustainability, thereby earning cashback and supporting sustainable business practices.
Read Full Article
11 Likes
Discover more
Pymnts
21h
361
Image Credit: Pymnts
Trimble Acquires Flashtract to Expand Connected Construction Technology Ecosystem
- Trimble has acquired Flashtract to expand its connected construction technology ecosystem.
- Flashtract's technology streamlines payment and compliance processes between general contractors and subcontractors.
- The technology, now branded as Trimble Pay, will initially be integrated with Trimble Viewpoint Vista ERP solution for construction.
- Trimble Pay helps contractors improve compliance, reduce manual work, and streamline payment applications and billing documentation.
Read Full Article
21 Likes
Pymnts
22h
365
Image Credit: Pymnts
Retail Shoppers Pay by Debit Card in Stores but by Credit Online
- When shopping in stores, retail customers prefer to pay with debit, but eCommerce is a different story.
- 44% of retail customers paid with debit cards for their most recent in-store purchases, while 28% used credit cards.
- For online retail purchases, 41% of consumers used credit cards, while 36% used debit cards.
- Credit cards are preferred for online purchases due to better fraud protection, rewards programs, and deferred payment options.
Read Full Article
21 Likes
Pymnts
22h
362
Image Credit: Pymnts
QVC Owner Courts 50+ Women as Revenues Slip
- Qurate Retail, the parent company of QVC and HSN, reported a 4% decline in revenues year over year, contributing to an overall drop of 11%.
- Revenues for the company's lifestyle brands fell 11% due to soft housing starts and a shift to lower-ticket products.
- Consumers are becoming more selective in their spending, opting for lower price points and showing caution in large purchases.
- Qurate Retail's Q50 marketing initiative, targeting women over 50, is considered a bright spot as this demographic has high discretionary income but often feels overlooked by brands.
Read Full Article
21 Likes
Pymnts
22h
153
Image Credit: Pymnts
ServiceNow and Microsoft to Integrate GenAI-Powered Assistants
- Enterprise AI platform ServiceNow and Microsoft have announced an expanded strategic alliance to combine their generative artificial intelligence (GenAI) capabilities and enhance employee choice and flexibility.
- The integration of ServiceNow’s Now Assist and Microsoft’s Copilot will allow employees to interact with both AI assistants to meet their needs wherever they are, regardless of the platform they are using.
- Now Assist will provide employees with responses to questions, recommend actions, and suggest next steps in a conversational manner, while Copilot for Microsoft 365 will enable employees to create documents based on ServiceNow prompts.
- This expanded partnership represents the next phase of innovation for ServiceNow and Microsoft and aims to provide enhanced levels of productivity and ease of execution for their customers.
Read Full Article
9 Likes
TechBullion
22h
167
Image Credit: TechBullion
Bringing Brilliance To Life: The Story Of LED Light Experts
- LED Light Experts is a group of committed professionals who have revolutionized the lighting industry with their innovative LED lighting technology.
- The team has a passion for innovation and a vision for a more efficient and sustainable future.
- Their commitment to research and development has been instrumental in establishing new benchmarks for performance, durability, and efficiency in LED technology.
- LED lighting is energy-efficient and ecologically friendly, converting nearly all of the energy it needs into light.
- LED Light Experts are at the forefront of efforts to promote energy-efficient lighting solutions, which not only reduces energy costs but also helps combat climate change by lowering carbon emissions.
- The expert team provides unique and customized lighting solutions for both commercial and residential spaces.
- LED Light Experts offer extensive training programs and educational materials to equip professionals to make informed decisions during various projects.
- They provide comprehensive support services, affording the best assistance with after-sale support and maintenance services.
- LED Light Experts prioritize fair labor practices, diversity, and inclusion, and community engagement in their operations and maintain high moral standards to win the respect and confidence of stakeholders and customers alike.
- LED Light Experts are dedicated to corporate social responsibility and shaping the future of lighting technology through continuous research and development, sustainability, and a customer-centric approach.
Read Full Article
10 Likes
Pymnts
22h
339
Image Credit: Pymnts
Nearly Half of High-Earning eCommerce Merchants Are Enhancing Security Features
- Nearly half of high-earning eCommerce merchants are enhancing security features.
- 82% of eCommerce merchants experienced cyberattacks or data breaches in the last year.
- 47% of surveyed eCommerce businesses lost revenue and customers due to fraud.
- 95% of eCommerce merchants are revamping their anti-fraud capabilities.
Read Full Article
20 Likes
Pymnts
22h
280
Image Credit: Pymnts
Consumers’ Click-and-Mortar™ Expectations Shape Shopify’s Future
- Shopify sees offline segment as a key growth lever in 2024 and beyond, with a 32% year-over-year growth in gross merchandise value (GMV).
- Shopify plans to leverage its point-of-sale system to bring more digital capabilities into the in-store journey by migrating functionality from its core online business.
- Consumers prefer to visit physical stores during their shopping journey, with 33% preferring stores without digital aids, 25% preferring stores with digital technologies, and 14% preferring digital orders for on-site pickup.
- Shopify is integrating features like email capture at offline checkout to enable more effective marketing and personalized offers based on consumer preferences.
Read Full Article
16 Likes
Pymnts
23h
306
Image Credit: Pymnts
This Week in Web3: Wells Notices, Crypto Payments and Usability
- Collpased crypto exchange FTX will repay its customers in full with interest, having pulled together assets worth between $14.5bn and $16.3bn enough to pay back 98% of its creditors.
- Crypto payments look to unlock scalability and real-world usability; Jack Dorsey, Block head and Square head, emphasised during his company’s earnings results call on Thursday that bitcoin would be that common protocol for the internet’s native currency.
- Coinbase CEO, Brian Armstrong, speaking to investors, said crypto payments were becoming a key opportunity area, driving utility in crypto through building a better payments experience on crypto rails.
- Swiss National Bank is conducting a pilot project using wholesale central bank digital currency (CBDC), allowing it to settle and tokenise bond issuances and secondary-market transactions.
- Vodafone is reportedly planning to integrate cryptocurrency wallets and blockchain-based payment solutions directly into mobile phone SIM cards.
- Crypto firms are subject to regulatory struggles, Bakkt is cutting staff after warning of the future of the company earlier this year; cryptocurrency startups are reportedly engaging in aggressive fundraising.
- Revolut has launched a stand-alone cryptocurrency exchange for professional crypto traders, named Revolut X; while crypto.com seeks to increase its sports sponsorships to reach a wider audience.
- Robinhood’s cryptocurrency business could become the latest target of regulatory action, with the trading platform receiving a Wells Notice from the SEC indicating enforcement action against the company.
- Nigeria is reportedly stepping up its cryptocurrency crackdown with a proposed ban on peer-to-peer (P2P) trading, the move being the latest effort by the West African country to place tighter controls on the crypto sector.
- Cryptocurrency firms bemoan the 2% tax levied by credit-card firms on every transaction in the economy, an issue they hope to tackle through innovation that streamlines the ease of use for crypto payments for both merchants and customers.
Read Full Article
18 Likes
TechBullion
23h
138
Image Credit: TechBullion
How To Optimize Fleet Operations With Iot?
- Fleet operations can be optimized with IoT or Internet of Things.
- IoT can reduce financial expenses in fleet management.
- IoT implementation can optimize fuel effectiveness of automobiles.
- IoT-centric sensors can track user driving patterns to improve fuel efficiency.
- Pre-installed IoT system can monitor important elements of cars like engine performance, compression ratio, tire regularities, and ECU system.
- IoT-based technological radars and navigational systems can accurately predict the best routes.
- IoT can improve customer satisfaction by providing seamless query-solving solutions through a communication system.
- IoT can contribute a lot in fleet operations’ basic practices and enhance their efficiency.
- IoT can help fleet operations in reducing labor costs and delivering optimal results.
- IoT will become a mandatory part of future fleet management.
Read Full Article
8 Likes
Pymnts
23h
228
Image Credit: Pymnts
MGM Hackers Reportedly Targeting Banks and Insurers
- A group called Scattered Spider, known for a previous massive hack on casinos, is now reportedly targeting banks and insurers.
- Since late last month, Scattered Spider has targeted 29 companies and successfully breached the systems of at least two insurers.
- The hackers used lookalike domains and fake login pages to deceive employees in the sector, utilizing phishing techniques.
- Scattered Spider was also responsible for the ransomware attack on MGM Resorts and a cyberattack on Clorox last year.
Read Full Article
13 Likes
The Fintech Times
23h
362
Image Credit: The Fintech Times
What Disability Inclusion Means to Fintech: Personal Stories at the Project Nemo Launch Event
- Project Nemo has launched as a new disability inclusion initiative within the fintech section with the aim of accelerating disability inclusion journeys across the sector within the next 12 months.
- Joanne Dewar, former payments CEO at GPS, is leading the team in advocating for disability inclusion within the sector.
- At the Project Nemo launch event held at Barclays Rise, a full house of supporters from banks, trade bodies, consultancies and even an MP were present.
- Championing accessibility, Dewar described herself for anyone with visual impairments, and stood in front of a Google Meet presentation that captioned her words as she spoke them.
- The evening consisted of sharing personal stories and experiences, championing accessibility, all aimed at making real change in the world for disability inclusion within fintech.
- Shani Dhanda, disability activist and voted Britain’s most influential person with a disability in 2023, took to the mic to remind everyone of the importance of having these conversations.
- The event discussed expanding the talent pool, different perspectives and even increased revenue as bonus points to consider the disability community when thinking about operations as a fintech company.
- Chloe Smith, MP for Norwich North, gave a national context to the project, and how it can go beyond just the fintech world and recruit organisations everywhere.
- Project Nemo seeks to draw the expertise that exists out there and bring those people into the room of the fintech community, to spark those conversations.
- The appetite for change is palpable, and it’s clear that the major players in the fintech industry feel the same and want to get on board.
Read Full Article
21 Likes
For uninterrupted reading, download the app