Trade is a sign of a booming economy. It is executed between different geographies and time zones. Trade facilitates value chains at different levels. It involves multiple parties, including banks, along with a lot of paperwork. The entire process involves high risk as the buyer and seller are in different geographies with a chance to get duped in spite of parting with the … [Read more...] about Expedite Trade Finance Transactions with Intelligent Automation
Archives for 2020
Amazon to face U.S. union push in year ahead
By Jeffrey Dastin and Krystal Hu (Reuters) - In 2021, Amazon.com Inc is poised to face a renewed challenge from groups it has long countered: unions. Energized by protests at Amazon's U.S. warehouses and a more labor-friendly administration assuming office, unions are campaigning at the world's largest online retailer to see if its warehouse or grocery workers would like to … [Read more...] about Amazon to face U.S. union push in year ahead
The Role of AI in Business Process Automation
Business process automation (BPA) refers to the overall efforts to replace manual tasks by implementing advanced technologies. The aim is to lower costs while improving work efficiency, increasing transparency, standardizing certain processes, ultimately increasing the satisfaction of all parties involved - companies, their employees, and clients. At some point in the future, … [Read more...] about The Role of AI in Business Process Automation
Is Big Data Undermining Big Data Analytics?
Big Data is what underpins the analytics of most massive companies. With data flow running into the petabytes, analytics should be having a field day, leading to insights about all kinds of things that human analysts couldn't predict. Yet somehow we're not seeing any of these groundbreaking insights. Instead, we're seeing more and more companies folding up their projects or … [Read more...] about Is Big Data Undermining Big Data Analytics?
Why DDoS Attacks remain a Serious Threat to Businesses Worldwide?
2020 has been a golden year for cybercriminals due to COVID-19. With major events like federal elections and a global pandemic causing chaos in the world, cybercriminals utilized every opportunity to wreak havoc. According to the Cisco Annual Internet Report (2018 “2023) White Paper, Compounding the problem, the nature of the threats is becoming more diverse. The list includes … [Read more...] about Why DDoS Attacks remain a Serious Threat to Businesses Worldwide?