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TechBullion
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Why a pricing tool is essential for e-commerce success
- In the fast-paced e-commerce market, having a pricing tool that enables effective competitor monitoring is critical. It collects and analyzes real-time competitor data and provides insights into pricing trends and consumer behavior.
- E-commerce thrives on dynamic pricing, where prices are adjusted in response to market conditions. A pricing tool automates this process, keeping e-commerce platforms competitive while maintaining profitability.
- A pricing tool continuously scans the market for price changes, promotions, and availability, presenting the data in a digestible format that allows e-commerce operators to act swiftly in response.
- Modern pricing tools automate pricing decisions, ensuring competitive pricing while safeguarding profit margins. This streamlines pricing analysis, allowing online retailers to identify opportunities across their entire product catalog.
- Staying competitive in the ever-changing e-commerce market requires speed and precision, both of which a pricing tool provides. It ensures user notification in real time when competitors lower or raise prices, allowing quick adjustment of pricing strategies.
- A pricing tool provides actionable insights that drive better decision-making, guiding broader business strategies, optimizing promotions and sales campaigns, and ensuring data-driven decision-making.
- Balancing competitiveness with profitability is a challenge for e-commerce operators. A pricing tool helps find the sweet spot for every product, ensuring pricing remains competitive while protecting margins.
- To meet consumer expectations, a pricing tool keeps prices in line with market standards while maintaining transparency. The adaptability of dynamic pricing builds customer trust and adds value to their experience.
- Using a pricing tool is no longer optional in e-commerce; it has become a necessity. By staying informed, responsive, and strategic, webshops can thrive, delivering value to customers while protecting their bottom line.
- A pricing tool is more than just software; it’s a strategic ally for online stores.
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TechCrunch
7d
62
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Nomupay raises $37M on a $200M valuation to build payment rails in underserved markets across Asia
- Dublin-based startup Nomupay, formed out of Wirecard's regional payment licenses, has raised $37 million in Series B funding.
- Nomupay focuses on cross-border payments for merchants in underserved markets across Asia and the Middle East.
- The company's revenue has grown 100% annually, and it's projected to turn profitable on ARR of about $20 million this year.
- Nomupay aims to expand its operations, pursue M&A opportunities, and acquire licenses in new markets such as Singapore, Indonesia, Japan, and Vietnam.
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TechBullion
7d
8
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How AI is Revolutionising Modern Cockpit Design
- The integration of AI in the cockpit is taking cockpit design to the next level.
- Intelligent flight assistance systems use advanced algorithms and machine learning models to analyze the aircraft's performance and provide recommendations.
- AI-driven systems enhance situational awareness by continuously scanning the environment and presenting data to pilots in an easy-to-understand format.
- Augmented reality (AR) displays powered by AI are being introduced in modern cockpits, overlaid with important information directly onto the pilot's view.
- AI can predict maintenance needs and report anomalies which allows maintenance teams to take a proactive approach rather than a reactive one.
- Tasks such as adjusting engine power and monitoring fuel consumption can be automated using AI systems, reducing pilot fatigue and minimizing the risk of human error.
- AI-driven simulators can create realistic scenarios and provide personalised feedback, improving the quality of pilot training.
- Concerns include potential over-reliance on AI and automation, cybersecurity risks, and ethical questions about the extent to which AI should be allowed to make autonomous decisions in critical scenarios.
- The future may see a shift towards a more supervisory role for pilots, overseeing and managing AI-driven systems.
- AI in the cockpit is enhancing safety, improving operational efficiency, and reducing pilot workload. Addressing the concerns will be essential to ensure that AI continues to enhance aviation without compromising safety.
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TechBullion
7d
62
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Micro-influencers vs. Brand Ambassadors: Understanding the Major Differences
- Micro-influencers and brand ambassadors are two different approaches to boosting brand visibility and trust on social media.
- Micro-influencers have a modest but highly engaged online community, while brand ambassadors form long-term partnerships with brands.
- Micro-influencers focus on short-term campaigns and target specific niches, while brand ambassadors represent the brand to a larger audience.
- Micro-influencers share authentic, casual content, while brand ambassadors produce polished content aligned with the brand's image.
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Global Fintech Series
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146
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Accenture Acquires Digital Twin Technology for Banks to Enhance Core Modernization Capabilities
- Accenture has acquired a digital twin technology platform for banks developed by Percipient.
- Percipient's platform serves as a digital twin of banks' legacy and modern systems, simplifying data application and enabling faster development of new products and services without overhauling existing systems.
- The acquisition enhances Accenture's banking modernization capabilities, helping financial services clients in Asia Pacific accelerate core system reinvention, foster innovation, and drive growth.
- The integration of Percipient's digital twin solution complements Accenture's capabilities to help banks decouple from legacy systems, embrace cloud and AI-led banking services, and achieve higher revenue growth rates and increased profits.
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TechBullion
7d
167
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Worthy competitor to Cardano emerges with DeFi suite; over $11M funding raised
- The presales ICO project DTX Exchange (DTX) has raised over $11.39 million so far.
- DTX Exchange is a hybrid trading platform offering forex, ETFs, stocks, and thousands of asset combinations.
- Cardano's ADA price has rebounded and gained bull momentum, with positive technical developments and improved network scalability.
- DTX Exchange is emerging as a leading player in the crypto industry with its revolutionary concept for trading and projected 100x rally post-launch.
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TechBullion
7d
270
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3 reasons why digitization is dominating the used car industry
- Digitization is dominating the used car industry due to the preferences of consumers who prefer browsing and researching online before visiting showrooms.
- Digitization provides a seamless digital experience for customers, allowing businesses to attract more customers and make informed decisions based on customer data.
- Digitization helps car dealerships reduce operating costs by uploading their entire inventory online, implementing AR/VR viewing, and automating vehicle inspections.
- Failing to adopt digitization in the used car industry can lead to loss of customers and competitive advantage.
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TechBullion
7d
62
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Hair Transplants vs. Scalp Micropigmentation for Men
- Hair transplants for men in Melbourne and scalp micropigmentation in Melbourne are two popular solutions for hair loss.
- Hair transplants involve surgically moving healthy hair follicles to balding areas, while scalp micropigmentation uses tattooed pigment to mimic hair follicles.
- Hair transplants are permanent and require donor hair, while scalp micropigmentation is non-invasive and offers a more affordable option but requires touch-ups.
- Combining both treatments can create a fuller, more natural look for men with advanced hair loss.
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TechBullion
7d
8
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5 Strategies to Speed Up the Customs Clearance Process
- Working with experienced customs brokers is essential to accelerate customs clearance.
- Ensuring accurate and complete documentation helps prevent customs clearance delays.
- Proper classification of goods under the appropriate HS code avoids unnecessary scrutiny.
- Participating in pre-clearance programs expedites the customs review process.
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TechBullion
7d
324
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Chainlink is Old News: This $0.14 Altcoin Could Be Set to Beat XRP After Listing Hype
- Investors are shifting their attention to a new altcoin called DTX, priced at $0.14, which is gaining hype in the market.
- Chainlink (LINK) has shown stability in price but is facing a trend reversal, while Ripple (XRP) remains consistent despite legal obstacles.
- DTX Exchange (DTX) is gaining momentum and aims to outpace Ripple (XRP) and Chainlink (LINK) with its innovative features and listing hype.
- DTX offers a multi-asset approach, high scalability, leverage options, and no-KYC policies, attracting attention and praise from analysts.
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TechBullion
7d
179
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Interview: Suman Deep on Revolutionizing Customer Success through Digital Transformation
- Suman Deep, the digital transformation expert has authored a book named 'Digital Transformation for Customer Success- The New Age Success Mantra' which emphasized the importance of ethical AI in CRM systems.
- The book focuses on how AI ethics can impact customer relationships and the importance of aligning those tools with a company's core values.
- Suman is a veteran of multiple companies including Salesforce and Facebook, making him the right person to combine ethical and technical aspects of digital transformation.
- He mentions that an ethical framework is needed while incorporating AI in customer relationship management to ensure customer data is handled transparently and responsibly.
- AI adoption by businesses is still a challenge due to the lack of understanding of the technology.
- To be able to demystify AI technology, businesses must start by focusing on small and manageable AI implementations relevant to their needs.
- Another significant challenge in AI adoption is the fear of ethical pitfalls concerning bias in algorithms and the misuse of customer data.
- Nonprofits have unique challenges, but also outstanding opportunities to leverage AI and CRM systems to engage with their communities, raise awareness and drive donations.
- AI can be used by nonprofits to predict customer behavior, tailor communications, and automate repetitive tasks while using it as a tool to enhance their mission.
- Finally, he believes that we are at the dawn of a new era of customer success, where AI will play a considerable role in creating more personalized, ethical and transparent interactions.
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TechBullion
7d
262
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KYC Process Explained by 5th Digital Corp
- The KYC process helps prevent financial crimes while ensuring a seamless customer experience.
- Legacy systems store customer data in disconnected silos leading to inefficiencies in onboarding.
- A robust customer verification process cannot rely solely on the initial information gathered during onboarding.
- Non-compliance with customer verification procedure regulations can result in hefty fines.
- A continuous KYC approach can mitigate risks of non-compliance and reputational harm.
- Machine learning and AI tools can streamline customer verification procedure workflows reducing workload and enhancing accuracy.
- Simplifying and speeding up the onboarding process leads to satisfied clients, lower abandonment rates, reduced costs, and quicker revenue generation.
- Access to accurate, high-quality data is the cornerstone of a robust KYC process.
- Modern automation solutions include tools like intelligent document processing (IDP) to extract relevant data.
- Banks should invest in workflows that are reusable and adaptable to evolving regulations.
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The Fintech Times
7d
349
Checkout.com Partners With noqodi to Streamline Payment Processes for Merchants in the UAE
- Global payment solutions provider Checkout.com is partnering with noqodi to enhance payment processes for merchants in the UAE.
- Checkout.com will integrate its payment technology with noqodi's platform to streamline payment processes and improve operational efficiency for UAE-based merchants.
- The collaboration aims to advance digital payments in the UAE, offer a wider range of payment methods, and ensure faster transaction processing times.
- Businesses and government entities using noqodi will gain access to Checkout.com's global network and enhanced payment capabilities.
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TechBullion
7d
124
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How to Choose a Leg Press Machine
- The leg press machine is a staple in gyms worldwide, revered for its effectiveness in building lower body strength and enhancing overall fitness.
- Executing the leg press with proper form is crucial to maximize benefits and prevent injuries.
- Incorporating different variations can target muscles from various angles, enhancing overall leg development.
- Ensuring safety while using the leg press machine is paramount to prevent injuries and achieve optimal results.
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TechBullion
7d
241
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How to Build a Tech Company That Investors and Customers Love
- To build a tech company that grabs the attention of investors and keeps customers coming back, it is necessary to create something that resonates with both. Start with a clear vision and value proposition that is compelling and unique, communicate with investors and customers as partners. The people who help turn your vision into reality need to be on board with your mission and closely aligned with the company's culture.
- Employing multiple touchpoints for customer service is crucial, granting customers control and flexibility to engage with their support team to resolve issues. Remember that a strong customer experience leads to repeat customers and enthusiastic advocates who will spread the word about your brand.
- A well-thought-out business model is crucial to show investors that there is a clear path to profitability. Keep your financials in order, but they do not need to be figured out right away. Planning shows investors you know what you're doing and will avoid nasty surprises along the way.
- Innovation is the lifeblood of a tech company, building a scalable product that keeps evolving will help you stay ahead of the competition.
- Building a company culture that is desirable to employees, motivating and values everyone is essential for success. Good company culture helps retain a workforce that believes in the company's mission and are aligned with the firm's goals.
- In the tech world, data is king, actionable data helps track metrics, customer feedback, and understand what's working; data-driven decisions make for better outcomes.
- Investors want to know that you're on top of things. Keep them updated on your progress, your wins, and the challenges you're facing. Investors are more likely to support you if they feel like you're on top of things.
- In conclusion, to build a tech company that investors and customers love, creating something the meets needs is essential. A solid vision, constant innovation, a great team, and a focus on customer experience will take you far. Attention to detail, financial planning, and relationships built along the way will make all the difference.
- Creating a company with people who can't stop talking about it is the goal—it's what both investors and customers are waiting for.
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