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Software Development Blog
Recent Articles:
The Role of Artificial Intelligence & Machine Learning in MedTech
The rapid adaptation of artificial intelligence and machine learning to our world has led to many innovative solutions. The medical industry, too, has decided to capitalize on the potential that lies in this disruptive phenomenon. This bold step from the medical point of view is extremely important. And that's because it contributes to the development of devices that make it possible to save patients' health and increase the possibilities for modern medical treatment.
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Empowering consumers: An overview of Australia's CDR initiative
The Railwaymen blog has already featured two articles on important regulations that are related to the FinTech industry. After zooming in on PSD2 and the CFPB, it's time to mention a bit more about the legislation undertaken in Australia as part of the Consumer Data Right initiative. I will try to give a more detailed overview of this regulation and the details that it involves.
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How the CFPB is balancing innovation and consumer protection?
The development of the financial sector and accompanying technologies has led to rapid progress for both consumers and businesses. These activities have also had a direct impact on embodied innovation, which has significantly improved the way financial services are accessed and managed. However, with the growth of the FinTech sector came the need for consumer protection and guarantees of market stability. To this end, many countries decided to start working on regulations that would control all dependencies that occur within financial activities.
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Blockchain Technology Implementation: From Concept to Reality
Blockchain technology, also known as the blockchain ecosystem, has taken our daily reality by storm. Its role is to transfer and store information about online transactions. Companies are leveraging blockchain to build decentralized networks that enhance transparency, security, and efficiency in their operations. The collected data is presented in the form of blocks arranged in a suitable form. Each block holds information on a certain number of such transactions. When data saturation occurs, another block of data is created.
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How Lucidtech OCR is changing Enterprise Data Management
Enterprise data management is most often associated with a time-consuming, manual process using numerous resources for data acquisition, extraction and analysis. However, advances in optical character recognition (OCR) technology are making it possible for companies to increase their efficiency, accuracy and speed through process automation. One of the popularizers of OCR capabilities is Lucidtech, which has a range of OCR tools focused on enterprise documentation.
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Revolutionizing Accounting with Web and Mobile Applications
The accounting industry has come a long way in terms of development over the years. What was previously known as solutions based on manual, paper-based record keeping and bookkeeping are steadily being replaced by digital tools. Today's accountants are now taking advantage of modern technologies in the form of mobile and web applications to improve efficiency, streamline the accounting processes they carry out and, most importantly, have constant access to real-time data.
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Enhancing financial management: Benefits of Xero integration
With regard to a company's growth, it frequently appears that it has a variety of systems and applications that do not effectively communicate with one another. One of the biggest issues in this field is accounting. Fortunately, there are tools available that can help streamline the process of managing finances. Among them is Xero, a tool that more and more FinTech companies are reaching for. What is Xero used for and what benefits does it generate for companies?
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10 Benefits of FinTech for small business owners
The term "FinTech" refers to any technological innovation in the financial sector, including those designed for the back-end of established financial institutions as well as disruptive technologies developed by upstart companies or individuals.
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The Benefits of FinTech Development for Businesses and Consumers
FinTech or financial technology, is an example of the application of new technologies to improve and automate traditional financial services. The financial technology industry is growing at a rapid pace thanks to development and is quickly becoming a force to be reckoned with in the financial sector. In this article, we will discuss the benefits that FinTech development has brought to many companies as well as individual customers.
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AI in Financial Software Development: Transforming the Industry
Lately, advancements have been made quickly in the field of artificial intelligence. AI is now used in many fields, for example, it is employed in the creation of software for the financial services industry.
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