AI for Credit Scoring: the Good, the Bad and the Ugly
The financial industry is known to be quite a conservative one. Companies have been using traditional scoring methods for decades and remain quite hesitant about any innovations. However, numbers state that it’s time for a change. Even the slightest mistake in the data can lead to huge consequences. In 2016, an Asia-Pacific bank lost $4 million - all due to some data-entry errors.
The financial industry is known to be quite a conservative one. Companies have been using traditional scoring methods for decades and remain quite hesitant about any innovations. However, numbers state that it’s time for a change. Even the slightest mistake in the data can lead to huge consequences. In 2016, an Asia-Pacific bank lost $4 million - all due to some data-entry errors.
Everything You Need to Know About NFC Technology
NFC technology is trending due to its high level of security and speed of performance and it is successfully deployed in a number of use cases.
NFC technology is trending due to its high level of security and speed of performance and it is successfully deployed in a number of use cases.
8 Tips on Website Load Speed Optimization. Part 1
Performance optimization is a hot button topic for any website owner. On one hand, there are users that are not willing to wait longer than 3 seconds, according to Google. On the other hand, there is Google itself that considers the site speed as one of the primary ranking factors. So if you want your website to generate conversions and have a good SEO ranking, you need to optimize its performance to deliver a superior user experience and delight Google.
Performance optimization is a hot button topic for any website owner. On one hand, there are users that are not willing to wait longer than 3 seconds, according to Google. On the other hand, there is Google itself that considers the site speed as one of the primary ranking factors. So if you want your website to generate conversions and have a good SEO ranking, you need to optimize its performance to deliver a superior user experience and delight Google.
The Cornerstones of UX Design for E-commerce
In the world of e-commerce, the UX design plays a great role. Shoppers may love the products in your store, but it will be navigation, layout and CTA buttons that will persuade the user to buy. Even though the best UX practices appear on a regular basis and are constantly updated, in the case of e-commerce there are a few UX cornerstones that have always been essential and applicable for any store.
In the world of e-commerce, the UX design plays a great role. Shoppers may love the products in your store, but it will be navigation, layout and CTA buttons that will persuade the user to buy. Even though the best UX practices appear on a regular basis and are constantly updated, in the case of e-commerce there are a few UX cornerstones that have always been essential and applicable for any store.
Java 13 is Here: the Biggest Features that the Release Brings
Oracle finally introduced Java 13, thus, steadily following the recently adopted strategy “less is more”. With Oracle’s plan to release new features every six months, the arrival of Java 13 cannot be called groundbreaking – but it was anticipated, for sure. Such a granular release strategy is aimed to facilitate the development process by offering developers easier and predictable management of the new features. In this way, developers will not have to tackle dozens of brand-new features at once but are able to digest the innovations in a steady manner with no rush.
Oracle finally introduced Java 13, thus, steadily following the recently adopted strategy “less is more”. With Oracle’s plan to release new features every six months, the arrival of Java 13 cannot be called groundbreaking – but it was anticipated, for sure. Such a granular release strategy is aimed to facilitate the development process by offering developers easier and predictable management of the new features. In this way, developers will not have to tackle dozens of brand-new features at once but are able to digest the innovations in a steady manner with no rush.
The Main Security Issues in the Mobile App Development
The advancement of technology allows software providers to create more secure and robust solutions but, at the same time, it also provides opportunities to design more advanced tools for hacking. The issues of security breaches and data leaks are of utmost concern for any software development provider. Last year, the average cost of a data breach was $3.8 million. The same figures were reached by the third quarter of 2019 and are expected to climb up to $6.5 million by the end of the year.
The advancement of technology allows software providers to create more secure and robust solutions but, at the same time, it also provides opportunities to design more advanced tools for hacking. The issues of security breaches and data leaks are of utmost concern for any software development provider. Last year, the average cost of a data breach was $3.8 million. The same figures were reached by the third quarter of 2019 and are expected to climb up to $6.5 million by the end of the year.
Top 7 Most Demanded Features in Real Estate Management Software
Real estate management involves dozens of complex workflows and all of them need to be well-organized. To facilitate the process, development companies design real estate software that offers centralization and automation of these workflows.
Real estate management involves dozens of complex workflows and all of them need to be well-organized. To facilitate the process, development companies design real estate software that offers centralization and automation of these workflows.
Best Onboarding Practices to Follow in 2019
The centerpiece of any company is the people. Their motivation and dedication towards work are the driving force behind the company’s growth and development. There are hundreds of HR practices that help companies retain employees and increase their loyalty and engagement. But, despite the company’s size, industry, or the number of employees, it always starts with one thing: onboarding.
The centerpiece of any company is the people. Their motivation and dedication towards work are the driving force behind the company’s growth and development. There are hundreds of HR practices that help companies retain employees and increase their loyalty and engagement. But, despite the company’s size, industry, or the number of employees, it always starts with one thing: onboarding.
Top Three Programming Languages for IoT Projects
The Internet of Things is practically everywhere now. From smart homes to tiny devices collecting data on the water acidity, the use cases for IoT are close to endless. As some developers say, IoT can be used to gain data about anything that can be measured. This opens a whole lot of opportunities for those entrepreneurs that wish to develop an innovative product that will bring tangible benefit to the users and will correspond to high requirements in terms of quality.
The Internet of Things is practically everywhere now. From smart homes to tiny devices collecting data on the water acidity, the use cases for IoT are close to endless. As some developers say, IoT can be used to gain data about anything that can be measured. This opens a whole lot of opportunities for those entrepreneurs that wish to develop an innovative product that will bring tangible benefit to the users and will correspond to high requirements in terms of quality.
Pros and Cons of Outstaffing
What is outstaffing? Outstaffing is a type of remote employment in a company when some of the staff is taken out of it. An intermediary, who is an outstaffer, settles the employment relationship between the employee and the company.
What is outstaffing? Outstaffing is a type of remote employment in a company when some of the staff is taken out of it. An intermediary, who is an outstaffer, settles the employment relationship between the employee and the company.