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Mobile trading is set to launch soon in India allowing stock brokers to provide securities trading using wireless technology. The same unique identification number used for internet trading can be used for mobile trading. Mobile trading will help increase the investor base over the long run. SEBI has also cleared smart order routing for all investors, which will help them get the best prices for buying and selling shares by determining the best exchange prices at any given time. Panasonic plans to invest Rs. 1400 crore over the next 3 years in India to establish itself as a leader in home appliances by setting up a new tech park.
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The internet of things – The next wave - Insurance
Our Managing Director of Smart & M2M, Wendy McMillan, talks through the impact of the IoT on the insurance industry at the Insurance and Analytics convention in September 2014.
PCRF_Berlin2016_SG
1) By 2019, smart homes may face digital vandalism and workers could be supervised by robot bosses.
2) Mobile data traffic is expected to surpass fixed data traffic by 2016, driven by increased use of smartphones, tablets, and machine-to-machine devices.
3) Most companies expect to be using the Internet of Things in the next 3 years, as 15 billion devices are projected to be connected to the IoT by then.
Internet of Things is Poised to Transform the Insurance Sector
The explosive growth of IOT is here and now, it’s considered the new Digital revolution. As per Gartner IOT forecast, it is estimated that by 2020 and more than 35 billion things will be connected to the Internet.
Also Gartner predicts global spending on IOT — including all hardware, software and services — has exceeded $1.3 trillion in 2015 and is forecast to reach $3.5 trillion by 2020.
The Internet of Things in insurance
Shaping the right strategy, managing thebiggest risk.Until recently, the Internet of Things (IoT) was on the strategic agenda of only the largest and most progressive insurers. The IoT was largely viewed as a futuristic concept, and many insurers adopted a “wait and see” attitude.
Importance of Artificial intelligence (AI) in Insurance
Artificial Intelligence (AI) benefits the insurance industry by saving time and money, improving customer experience, predicting risk, detecting fraud, and improving profitability. Read more at: https://bit.ly/AI-In-Insurance
IoT and Insurance - Insurance breakfast
Presentation about how the IoT can be applied in the Insurance sector (eHealth, wearables, telematics, connected cars, connected homes...). Presentation held by Szymon Uczciwek at Comarch Benelux Insurance Breakfast on the 18th of September in Brussels.
mtn-uganda-success-story
MTN Uganda was experiencing challenges with its outdated mobile money platform, including frequent service outages during peak hours and an inability to launch new digital services quickly. To address these issues, MTN Uganda migrated to Ericsson Wallet Platform and Converged Wallet in 2014. This new platform has provided greater reliability, security, and scalability, allowing MTN Uganda to accelerate the growth of its mobile money business significantly, with active users increasing from 3.1 million to 4.7 million from 2014 to 2015 and transactions increasing from 30 million to 44 million per month over the same period. The platform has also strengthened MTN Uganda's mobile money ecosystem by facilitating partnerships with banks, microfinance institutions, and merchants.
IoT = Insurance of Tomorrow ?
In October 2017, Initio was invited to participate as speaker to the Insurance Breakfast organized by Comarch in Brussels & Luxembourg.
For this event, we held a keynote about Connected Objects usage in Insurance. This is the synthetic resume and the slides of our presentation.
Recommended
The internet of things – The next wave - Insurance
Our Managing Director of Smart & M2M, Wendy McMillan, talks through the impact of the IoT on the insurance industry at the Insurance and Analytics convention in September 2014.
PCRF_Berlin2016_SG
1) By 2019, smart homes may face digital vandalism and workers could be supervised by robot bosses.
2) Mobile data traffic is expected to surpass fixed data traffic by 2016, driven by increased use of smartphones, tablets, and machine-to-machine devices.
3) Most companies expect to be using the Internet of Things in the next 3 years, as 15 billion devices are projected to be connected to the IoT by then.
Internet of Things is Poised to Transform the Insurance Sector
The explosive growth of IOT is here and now, it’s considered the new Digital revolution. As per Gartner IOT forecast, it is estimated that by 2020 and more than 35 billion things will be connected to the Internet.
Also Gartner predicts global spending on IOT — including all hardware, software and services — has exceeded $1.3 trillion in 2015 and is forecast to reach $3.5 trillion by 2020.
The Internet of Things in insurance
Shaping the right strategy, managing thebiggest risk.Until recently, the Internet of Things (IoT) was on the strategic agenda of only the largest and most progressive insurers. The IoT was largely viewed as a futuristic concept, and many insurers adopted a “wait and see” attitude.
Importance of Artificial intelligence (AI) in Insurance
Artificial Intelligence (AI) benefits the insurance industry by saving time and money, improving customer experience, predicting risk, detecting fraud, and improving profitability. Read more at: https://bit.ly/AI-In-Insurance
IoT and Insurance - Insurance breakfast
Presentation about how the IoT can be applied in the Insurance sector (eHealth, wearables, telematics, connected cars, connected homes...). Presentation held by Szymon Uczciwek at Comarch Benelux Insurance Breakfast on the 18th of September in Brussels.
mtn-uganda-success-story
MTN Uganda was experiencing challenges with its outdated mobile money platform, including frequent service outages during peak hours and an inability to launch new digital services quickly. To address these issues, MTN Uganda migrated to Ericsson Wallet Platform and Converged Wallet in 2014. This new platform has provided greater reliability, security, and scalability, allowing MTN Uganda to accelerate the growth of its mobile money business significantly, with active users increasing from 3.1 million to 4.7 million from 2014 to 2015 and transactions increasing from 30 million to 44 million per month over the same period. The platform has also strengthened MTN Uganda's mobile money ecosystem by facilitating partnerships with banks, microfinance institutions, and merchants.
IoT = Insurance of Tomorrow ?
In October 2017, Initio was invited to participate as speaker to the Insurance Breakfast organized by Comarch in Brussels & Luxembourg.
For this event, we held a keynote about Connected Objects usage in Insurance. This is the synthetic resume and the slides of our presentation.
Insurtech.news - INSIGHT: INSURANCE INTERNET OF THINGS INDUSTRY SURVEY
At the beginning of the year, everyone is looking at how to identify the crucial elements of change that will affect their business in the next twelve months. Discussions from CES 2016 showed that the attention for a lot of companies has turned to connected devices and the internet of things. There are next-gen refrigerators that look like smartphones, smart shoes that track your running habits, and autonomous vehicles that drive for you – that’s just to name a few! But, what we need to ask is who this digital ecosystem is going to affect and what players are being left out of critical first steps of IoT deployment. Recently, FC Business Intelligence asked over 300 insurers what they think the internet of things could deliver for their business. Take a look at the survey infographic featuring insight in to the applications of IoT for insurers for exclusive insight.
Insurance IoT Digital Report
1) The document discusses how insurance companies are facing changes from new technologies like the Internet of Things (IoT) and a shift towards customer centricity.
2) It explains that IoT allows insurers to engage customers continuously through risk monitoring and prevention instead of just at claim/renewal times. However, insurers still need to prove the value of prevention to customers.
3) The rise of ecosystems centered around customers, rather than individual companies, is discussed. Insurers will need to redefine their roles and work with other partners to serve customers in these ecosystems.
Intelliob presentation
Intelliob Technologies provides enterprise solutions, cloud and managed services, and mobile applications. It has built an industrial-grade software facility and focuses on collaborating closely with clients to address their unique needs. Intelliob offers business applications, cloud and managed services, and mobile apps across various platforms. It has strategic alliances with companies like Digital Persona, Wipro Technologies, and Suprema Technologies. Intelliob is certified by Microsoft and other organizations. It has provided solutions and services to clients across many industries.
Cognitive computing insurance
This document discusses how cognitive computing using IBM Watson can transform various areas in the insurance industry by going beyond traditional predictive analytics. It provides examples of how Watson can be used for underwriting advisors, wealth advisors, customer self-service virtual agents, claims adjusting, and other areas. Watson uses natural language processing to understand unstructured data and learn from its interactions to help improve decision making processes. The document outlines benefits like reducing underwriting expenses, providing personalized advice and information, and increasing operational efficiency through cognitive computing applications in insurance.
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The document discusses the Indian startup ecosystem, key sectors and companies. It outlines government initiatives to support startups such as recognizing startups, simplifying rules, incentives like tax exemptions, creating incubation networks, and promoting innovation in educational institutes. Some notable Indian startups mentioned include Nextdrop, Simplilearn, Map My Genome, PayTM, CropIn, Bikxie, Glance, Grey Orange, Mu Sigma, and Team Indus working in areas like water management, education, healthcare, fintech, agriculture, transportation, robotics and aerospace. The government aims to further develop the startup ecosystem through various schemes and policies.
TDI Startup Insurtech Award - Anyware solutions
This document describes Anyware Solutions, a company that provides an IoT-based digital services platform. Their main product is a smart adaptor that can be installed in lamp sockets to monitor sensors like temperature, humidity, and sounds. They aim to partner with insurance and other companies to bundle the adaptor and offer additional smart home services to homeowners through a mobile app. This business model is intended to help partners acquire and retain customers through personalized, data-driven engagements while complying with GDPR data sharing rules.
4b. P&C Insurance and The IOT - Z. Schmiesing
The document discusses the rise of connected devices and how insurers can leverage data from the Internet of Things. It notes that over 50 billion devices are expected to be connected to the Internet by 2020 and generating large amounts of data. Insurers can use this data for underwriting, segmentation, risk assessment, claims handling, and developing new products. However, directly partnering with many different device manufacturers and data providers would be challenging for insurers. The document proposes a solution called the Verisk Telematics Data Exchange, which would allow for the standardized and scalable sharing of Internet of Things data across the insurance industry.
OK Chexian InsurTech Award Presentation
OKChexian is China's first smartphone telematics provider, founded in 2014. It currently has 1.2 million users across China through its OKDrive app. OKChexian's core technology is its patented OKDrive software which uses innovations in geo-fencing and location data streams. It has received investment from major companies. OKChexian uses smartphone sensors and location parsing to generate user risk profiles (OKScore) and reduce auto insurance premiums through its telematics technology. It has established a data lab to advance location-based insurance pricing and developed technologies to compress data usage and differentiate transport modes.
The Digital Innovation Award - Democrance
Democrance's technology platform enables insurance companies to partner with non-traditional distributors like telecom and remittance companies to provide insurance products to underserved populations. Through its plug-and-play software-as-a-service platform, Democrance helps insurers increase digital sales and access new markets across Asia, Africa, South America, and the Middle East. Specifically, the document discusses partnerships between Democrance, AXA Emerging Customers, and money transfer operator HelloPaisa to provide life insurance to migrant workers sending remittances from the Middle East to their home countries.
5G + AI + Big Data + IoT how to change everything -- C&T RF Antennas Inc
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2) Application of Industrial IOT
3) Machine To Machine (M2M)
4) Benefits of Industrial IoT
5) Vendors in Industrial IoT
6) Features of Industrial IoT
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Latest Technology News 2020
There are thirteen technologies growing up quickly.
1) Blockchain
2) 5G Network
3) Autonomous Driving
4) Human Augmentation
5) Distributed Cloud
6) DARQ Age
7) Personal Profiling
8) AI Products
9) Data Policing
10) Momentary Markets
11) Automation
12) Reskilling Human Workforce
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Digital Tech InsurTech Award Presentation
This document discusses Digital Tech International's connected insurance solution and business model. It proposes a modular, mobile-based platform that insurance carriers can use to offer personalized, data-driven insurance policies. This is enabled through integrated sensors, devices, and data analytics. The solution is designed for flexibility and quick deployment. Digital Tech has tested the concept with over 20 insurers and sees strong potential growth in the connected insurance market from increased use of internet-connected devices. Financial projections estimate the business will generate over $26 million in annual revenue by 2021.
The Insurance of Things - How IoT Will Disrupt The Insurance Industry
Thanks to the technological convergence which the Internet of Things is, a lot of data is being generated by people and objects. But Big Data is valuable only as long as it is actionable. This amount of available data can and will have a strong impact on every industry in the next few years, providing new opportunities to improve business intelligence and make smarter decisions.
Business insider estimates that there will be 18 billion connected devices by 2018. While considering IoT on a consumer level, Strategy Analytics claims we will have 4,3 smart devices per person on the planet by 2020. Such a horizontal distribution of the internet of things allows insurance companies to estabilish a new dialogue with their customers. On the other hand, it will allow them to design tailor made solutions based on internet of things based analytics.
Host Card Emulation in Android: What Does it Mean?
Host Card Emulation in Android: What Does it Mean?
Android KitKat 4.4 spreads a new buzz around Host Card Emulation (HCE).
HCE is wind in the sails of near field communication (NFC) based transactions.
But what exactly is HCE?
HCE is the virtual representation of a smart card using only software.
It allows a mobile device to emulate a payment card and make NFC mobile payments.
Transaction credentials no longer need to be stored inside the phone (the secure element) but can be hosted remotely: in the cloud.
This offers more control and direct access to application issuers: it eases the use of NFC.
Android dominates 81% (3rd quarter of 2013) of global smartphone shipments.
Service Providers (SPs) are now able to offer direct services to a large majority of smartphone users.
What does all this mean?
HCE is now a viable alternative for many card emulation projects since no physical secure element is needed in the phone.
Service providers now have more available business models and partners to work with.
HCE is ideal for solutions where a physical secure element adds insufficient value to justify additional costs: loyalty – couponing – access control
Service providers can also opt for a hybrid solution: use the flexibility of the cloud with the security of the physical secure element.
The cloud offers greater processing power and greater storage to load any number of cards…
…while the physical secure element contains the levels of accepted security.
Interested to learn more? Watch our video!
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Alibaba has over 500 million active users across its ecommerce, cloud computing, entertainment and healthcare verticals. It began as an ecommerce platform in China that helped small sellers reach consumers. This led to the creation of Alipay in 2004 to facilitate online payments between buyers and sellers. Alipay now processes over 137 million daily transactions. Ant Financial was later launched and holds a range of financial licenses, including insurance. Alibaba is looking to further integrate its assets like AliHealth, Alipay and ecommerce platforms to position itself as a digital insurer in China.
CommunicAsia Daily News - Day 1
The satellite industry must look beyond its traditional borders and compete in the broader telecommunications sector in order to grow, according to Intelsat's CEO. While satellite technology has opportunities in connecting rural areas and supporting IoT and content distribution, its economic clout is small compared to telecoms. The satellite industry needs to offer higher performance, lower costs and better user experiences to compete effectively. Intelsat's CEO suggests focusing on what satellite does best like coverage while also competing across the larger telecom industry.
The Impact of Big Data and Artificial Intelligence (AI) in the Insurance Sector
The Impact of Big Data and Artificial Intelligence (AI) in the Insurance SectorΔρ. Γιώργος K. Κασάπης
Big data and artificial intelligence (AI) are two words that are widely used when discussing the future of business. The potential for applying them in diverse aspects of business has caught the imagination of many, in particular, how AI could replace humans in the workplace. Big data and AI could customise business processes and decisions better suited to individual needs and expectations, improving the efficiency of processes and decisions.
As big data and AI (also called machine learning) are increasing being employed in the insurance sector, the great benefits that are expected also come with risks. The granularity of data has the potential to give insights into a variety of predictable behaviours and incidents. Given that insurance is based on predicting how risk is realised, having access to big data has the potential to transform the entire insurance production process.
This report examines both the benefits and risks big data and AI can bring to the insurance industry. In particular, this reports discusses how the OECD Recommendation on Artificial Intelligence and the European Commission’s Independent High-Level Expert Group on Artificial Intelligence’s (HLAG AI) Ethics Guidelines for Trustworthy AI should be considered in the context of the insurance sector.
The report concludes with policy areas in which policy makers may consider action in the insurance sector in relation to big data and AI going forward.
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A deal for SpiceJet promoter Bhupendra Kansagra to sell a 7.7% stake in the airline to media baron Kalanithi Maran was challenged in US courts by some of Kansagra's business associates.
Hindustan Aeronautics will play a critical role in the design and development of India's Fifth Generation Fighter Aircraft, despite initial expectations that the Russians had solely developed prototypes for the new plane since 1999.
Io my skinpresentation
This document appears to be a product catalog for a skincare line. It describes several products for addressing various skin concerns like acne, wrinkles, sun damage, dryness. Products contain ingredients like glycolic acid, stem cells, hyaluronic acid, vitamins, and antioxidants to cleanse, exfoliate, hydrate skin and reduce signs of aging by boosting collagen and elastin. The catalog encourages sharing products with others and notes that aging need not be visible thanks to the skincare line's ability to rejuvenate skin.
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Insurtech.news - INSIGHT: INSURANCE INTERNET OF THINGS INDUSTRY SURVEY
At the beginning of the year, everyone is looking at how to identify the crucial elements of change that will affect their business in the next twelve months. Discussions from CES 2016 showed that the attention for a lot of companies has turned to connected devices and the internet of things. There are next-gen refrigerators that look like smartphones, smart shoes that track your running habits, and autonomous vehicles that drive for you – that’s just to name a few! But, what we need to ask is who this digital ecosystem is going to affect and what players are being left out of critical first steps of IoT deployment. Recently, FC Business Intelligence asked over 300 insurers what they think the internet of things could deliver for their business. Take a look at the survey infographic featuring insight in to the applications of IoT for insurers for exclusive insight.
Insurance IoT Digital Report
1) The document discusses how insurance companies are facing changes from new technologies like the Internet of Things (IoT) and a shift towards customer centricity.
2) It explains that IoT allows insurers to engage customers continuously through risk monitoring and prevention instead of just at claim/renewal times. However, insurers still need to prove the value of prevention to customers.
3) The rise of ecosystems centered around customers, rather than individual companies, is discussed. Insurers will need to redefine their roles and work with other partners to serve customers in these ecosystems.
Intelliob presentation
Intelliob Technologies provides enterprise solutions, cloud and managed services, and mobile applications. It has built an industrial-grade software facility and focuses on collaborating closely with clients to address their unique needs. Intelliob offers business applications, cloud and managed services, and mobile apps across various platforms. It has strategic alliances with companies like Digital Persona, Wipro Technologies, and Suprema Technologies. Intelliob is certified by Microsoft and other organizations. It has provided solutions and services to clients across many industries.
Cognitive computing insurance
This document discusses how cognitive computing using IBM Watson can transform various areas in the insurance industry by going beyond traditional predictive analytics. It provides examples of how Watson can be used for underwriting advisors, wealth advisors, customer self-service virtual agents, claims adjusting, and other areas. Watson uses natural language processing to understand unstructured data and learn from its interactions to help improve decision making processes. The document outlines benefits like reducing underwriting expenses, providing personalized advice and information, and increasing operational efficiency through cognitive computing applications in insurance.
Incubating Profits: Hot Ideas, Cool Startups
The document discusses the Indian startup ecosystem, key sectors and companies. It outlines government initiatives to support startups such as recognizing startups, simplifying rules, incentives like tax exemptions, creating incubation networks, and promoting innovation in educational institutes. Some notable Indian startups mentioned include Nextdrop, Simplilearn, Map My Genome, PayTM, CropIn, Bikxie, Glance, Grey Orange, Mu Sigma, and Team Indus working in areas like water management, education, healthcare, fintech, agriculture, transportation, robotics and aerospace. The government aims to further develop the startup ecosystem through various schemes and policies.
TDI Startup Insurtech Award - Anyware solutions
This document describes Anyware Solutions, a company that provides an IoT-based digital services platform. Their main product is a smart adaptor that can be installed in lamp sockets to monitor sensors like temperature, humidity, and sounds. They aim to partner with insurance and other companies to bundle the adaptor and offer additional smart home services to homeowners through a mobile app. This business model is intended to help partners acquire and retain customers through personalized, data-driven engagements while complying with GDPR data sharing rules.
4b. P&C Insurance and The IOT - Z. Schmiesing
The document discusses the rise of connected devices and how insurers can leverage data from the Internet of Things. It notes that over 50 billion devices are expected to be connected to the Internet by 2020 and generating large amounts of data. Insurers can use this data for underwriting, segmentation, risk assessment, claims handling, and developing new products. However, directly partnering with many different device manufacturers and data providers would be challenging for insurers. The document proposes a solution called the Verisk Telematics Data Exchange, which would allow for the standardized and scalable sharing of Internet of Things data across the insurance industry.
OK Chexian InsurTech Award Presentation
OKChexian is China's first smartphone telematics provider, founded in 2014. It currently has 1.2 million users across China through its OKDrive app. OKChexian's core technology is its patented OKDrive software which uses innovations in geo-fencing and location data streams. It has received investment from major companies. OKChexian uses smartphone sensors and location parsing to generate user risk profiles (OKScore) and reduce auto insurance premiums through its telematics technology. It has established a data lab to advance location-based insurance pricing and developed technologies to compress data usage and differentiate transport modes.
The Digital Innovation Award - Democrance
Democrance's technology platform enables insurance companies to partner with non-traditional distributors like telecom and remittance companies to provide insurance products to underserved populations. Through its plug-and-play software-as-a-service platform, Democrance helps insurers increase digital sales and access new markets across Asia, Africa, South America, and the Middle East. Specifically, the document discusses partnerships between Democrance, AXA Emerging Customers, and money transfer operator HelloPaisa to provide life insurance to migrant workers sending remittances from the Middle East to their home countries.
5G + AI + Big Data + IoT how to change everything -- C&T RF Antennas Inc
"Smart Connect: 5G+AI+ Big Data + How IoT Changes Everything" talks about how 5G, AI, Big Data, and the Internet of Things are integrated, and they will change everything.
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What we got covered?
1) What Is Industrial IoT
2) Application of Industrial IOT
3) Machine To Machine (M2M)
4) Benefits of Industrial IoT
5) Vendors in Industrial IoT
6) Features of Industrial IoT
Sap mobile strategy v4 for si
The document discusses Fujitsu's goals and strategy for delivering SAP and cloud-based mobile solutions, including enabling customers to move SAP systems to the cloud, providing hybrid on-premise and cloud solutions, and delivering innovative mobile apps. It also analyzes Fujitsu's strengths and weaknesses in this area as well as opportunities to establish market-leading mobile offerings and threats from competitors.
Latest Technology News 2020
There are thirteen technologies growing up quickly.
1) Blockchain
2) 5G Network
3) Autonomous Driving
4) Human Augmentation
5) Distributed Cloud
6) DARQ Age
7) Personal Profiling
8) AI Products
9) Data Policing
10) Momentary Markets
11) Automation
12) Reskilling Human Workforce
13) Medical Upgrade
Digital Tech InsurTech Award Presentation
This document discusses Digital Tech International's connected insurance solution and business model. It proposes a modular, mobile-based platform that insurance carriers can use to offer personalized, data-driven insurance policies. This is enabled through integrated sensors, devices, and data analytics. The solution is designed for flexibility and quick deployment. Digital Tech has tested the concept with over 20 insurers and sees strong potential growth in the connected insurance market from increased use of internet-connected devices. Financial projections estimate the business will generate over $26 million in annual revenue by 2021.
The Insurance of Things - How IoT Will Disrupt The Insurance Industry
Thanks to the technological convergence which the Internet of Things is, a lot of data is being generated by people and objects. But Big Data is valuable only as long as it is actionable. This amount of available data can and will have a strong impact on every industry in the next few years, providing new opportunities to improve business intelligence and make smarter decisions.
Business insider estimates that there will be 18 billion connected devices by 2018. While considering IoT on a consumer level, Strategy Analytics claims we will have 4,3 smart devices per person on the planet by 2020. Such a horizontal distribution of the internet of things allows insurance companies to estabilish a new dialogue with their customers. On the other hand, it will allow them to design tailor made solutions based on internet of things based analytics.
Host Card Emulation in Android: What Does it Mean?
Host Card Emulation in Android: What Does it Mean?
Android KitKat 4.4 spreads a new buzz around Host Card Emulation (HCE).
HCE is wind in the sails of near field communication (NFC) based transactions.
But what exactly is HCE?
HCE is the virtual representation of a smart card using only software.
It allows a mobile device to emulate a payment card and make NFC mobile payments.
Transaction credentials no longer need to be stored inside the phone (the secure element) but can be hosted remotely: in the cloud.
This offers more control and direct access to application issuers: it eases the use of NFC.
Android dominates 81% (3rd quarter of 2013) of global smartphone shipments.
Service Providers (SPs) are now able to offer direct services to a large majority of smartphone users.
What does all this mean?
HCE is now a viable alternative for many card emulation projects since no physical secure element is needed in the phone.
Service providers now have more available business models and partners to work with.
HCE is ideal for solutions where a physical secure element adds insufficient value to justify additional costs: loyalty – couponing – access control
Service providers can also opt for a hybrid solution: use the flexibility of the cloud with the security of the physical secure element.
The cloud offers greater processing power and greater storage to load any number of cards…
…while the physical secure element contains the levels of accepted security.
Interested to learn more? Watch our video!
China's Tech giants part one: Alibaba
Alibaba has over 500 million active users across its ecommerce, cloud computing, entertainment and healthcare verticals. It began as an ecommerce platform in China that helped small sellers reach consumers. This led to the creation of Alipay in 2004 to facilitate online payments between buyers and sellers. Alipay now processes over 137 million daily transactions. Ant Financial was later launched and holds a range of financial licenses, including insurance. Alibaba is looking to further integrate its assets like AliHealth, Alipay and ecommerce platforms to position itself as a digital insurer in China.
CommunicAsia Daily News - Day 1
The satellite industry must look beyond its traditional borders and compete in the broader telecommunications sector in order to grow, according to Intelsat's CEO. While satellite technology has opportunities in connecting rural areas and supporting IoT and content distribution, its economic clout is small compared to telecoms. The satellite industry needs to offer higher performance, lower costs and better user experiences to compete effectively. Intelsat's CEO suggests focusing on what satellite does best like coverage while also competing across the larger telecom industry.
The Impact of Big Data and Artificial Intelligence (AI) in the Insurance Sector
The Impact of Big Data and Artificial Intelligence (AI) in the Insurance SectorΔρ. Γιώργος K. Κασάπης
Big data and artificial intelligence (AI) are two words that are widely used when discussing the future of business. The potential for applying them in diverse aspects of business has caught the imagination of many, in particular, how AI could replace humans in the workplace. Big data and AI could customise business processes and decisions better suited to individual needs and expectations, improving the efficiency of processes and decisions.
As big data and AI (also called machine learning) are increasing being employed in the insurance sector, the great benefits that are expected also come with risks. The granularity of data has the potential to give insights into a variety of predictable behaviours and incidents. Given that insurance is based on predicting how risk is realised, having access to big data has the potential to transform the entire insurance production process.
This report examines both the benefits and risks big data and AI can bring to the insurance industry. In particular, this reports discusses how the OECD Recommendation on Artificial Intelligence and the European Commission’s Independent High-Level Expert Group on Artificial Intelligence’s (HLAG AI) Ethics Guidelines for Trustworthy AI should be considered in the context of the insurance sector.
The report concludes with policy areas in which policy makers may consider action in the insurance sector in relation to big data and AI going forward.
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Insurtech.news - INSIGHT: INSURANCE INTERNET OF THINGS INDUSTRY SURVEY
Insurtech.news - INSIGHT: INSURANCE INTERNET OF THINGS INDUSTRY SURVEY
5G + AI + Big Data + IoT how to change everything -- C&T RF Antennas Inc
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The Insurance of Things - How IoT Will Disrupt The Insurance Industry
The Insurance of Things - How IoT Will Disrupt The Insurance Industry
Host Card Emulation in Android: What Does it Mean?
Host Card Emulation in Android: What Does it Mean?
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The Impact of Big Data and Artificial Intelligence (AI) in the Insurance Sector
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News
Motorola Co-CEO Sanjay Jha was listed among the 25 most overpaid CEOs of 2009 according to a US advisory firm. Yahoo CEO Carol Bartz topped the list.
A deal for SpiceJet promoter Bhupendra Kansagra to sell a 7.7% stake in the airline to media baron Kalanithi Maran was challenged in US courts by some of Kansagra's business associates.
Hindustan Aeronautics will play a critical role in the design and development of India's Fifth Generation Fighter Aircraft, despite initial expectations that the Russians had solely developed prototypes for the new plane since 1999.
Io my skinpresentation
This document appears to be a product catalog for a skincare line. It describes several products for addressing various skin concerns like acne, wrinkles, sun damage, dryness. Products contain ingredients like glycolic acid, stem cells, hyaluronic acid, vitamins, and antioxidants to cleanse, exfoliate, hydrate skin and reduce signs of aging by boosting collagen and elastin. The catalog encourages sharing products with others and notes that aging need not be visible thanks to the skincare line's ability to rejuvenate skin.
Weekend news 3
The summary is:
- Foreign tourist arrivals in India declined in August ahead of the Commonwealth Games compared to July, dampening hotel bookings and rates in host cities.
- The Bombay High Court dismissed Vodafone's appeal against a Rs. 12,000 crore tax demand on its $11 billion acquisition of Hutchison Telecom in India.
- Axis Bank launched an instant money transfer service for migrant workers and students that does not require the beneficiary to have a bank account.
Weekend news
The next Google phone will have a near-field communication chip allowing it to function as a mobile wallet and enable "tap and pay" transactions, according to Google CEO Eric Schmidt. Schmidt demonstrated an unannounced touchscreen smartphone from Google that has this capability, saying mobile devices will soon replace credit cards for many transactions through "bump payments".
Kick off
The document outlines plans to launch an American football league in Lagos, Nigeria. It will include 4 secondary school teams and may expand to 6 teams. A ₦12 million takeoff fund will be raised through team sponsorship and naming rights. The league directors will oversee areas like coaching development and scheduling. Games will take place at Teslim Balogun Stadium, with a second venue planned. Sponsorship packages ranging from ₦1-15 million are available. Support is expected from the Lagos State Government and NFL organizations. The target is to kick off the league in February 2012 after player training begins in January.
Weekend news 5
- Global private equity firm 3i Group will invest $150 million in the road business of Hyderabad-based construction company Soma Enterprises.
- Chinese telecom equipment supplier ZTE has secured a $200 million contract from Reliance Communications to supply 3G and 2G gear in eight circles.
- Finance Ministry has told banks to ensure that microfinance institutions they finance do not charge borrowers interest rates above 24% for loans.
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Assurify Technology Pvt Ltd - InsurTech Innovation Award 2023
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Nl telecom oct 3 - 9, 2015
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IJRET : International Journal of Research in Engineering and Technology is an international peer reviewed, online journal published by eSAT Publishing House for the enhancement of research in various disciplines of Engineering and Technology. The aim and scope of the journal is to provide an academic medium and an important reference for the advancement and dissemination of research results that support high-level learning, teaching and research in the fields of Engineering and Technology. We bring together Scientists, Academician, Field Engineers, Scholars and Students of related fields of Engineering and Technology.
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COAI has asked DoT to reexamine the spectrum cap rules for the 800 MHz band as the caps are more liberal than other bands used by GSM operators. Mobile manufacturers Micromax, Celkon and Karbonn will invest Rs. 750 crore to set up plants in Andhra Pradesh. BSNL plans to upgrade broadband speeds to 2 mbps at no additional cost as part of the Digital India project.
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Vodafone is seeking backing from foreign banks to provide a counter-guarantee to an Indian nationalized bank for a loan of 8500 crore rupees. This comes after a Supreme Court order requiring Vodafone to deposit 2500 crore rupees in cash and provide a bank guarantee from a nationalized bank. Indian banks have significant exposure to the telecom sector and do not want to increase lending, but a foreign bank counter-guarantee would shift the credit risk. DoCoMo launched 3G services in Maharashtra with plans priced between 750-5000 rupees offering various call minutes. The National Payments Corporation of India unveiled an instant mobile funds transfer service allowing customers to transfer
Maninder news 10
Apple sold more iPhones than Blackberry devices in the third quarter, with sales of 14.1 million iPhones compared to 12.4 million Blackberries. Research in Motion, the maker of Blackberry, ranks behind Apple as the fifth largest mobile phone vendor. The Indian government has also reached a temporary agreement with RIM to allow lawful interception of its messenger services due to security concerns about encrypted communications enabling terrorist attacks.
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The document analyzes investment options among investors in Ludhiana between ULIPs (Unit Linked Insurance Plans) and mutual funds. A survey of 100 investors found that awareness of mutual funds was higher than ULIPs. High income investors and those who refer to brokers were more likely to invest. Open-ended and closed funds were most popular. Insurance benefits and tax breaks drove ULIP investment, while capital appreciation motivated mutual fund investment. Mutual funds were preferred due to greater liquidity and flexibility. Investors expected higher returns from mutual funds than ULIPs. Most wanted to invest for the same tenures in both. Recent ULIP controversies may boost future demand for mutual funds.
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Et news maninder
Tata Communication Ltd is close to acquiring Suntel Ltd, the second largest fixed line telecom provider in Sri Lanka with a 20.5% market share. The key reason for the acquisition is for Tata to enter the outbound voice and data traffic business in Sri Lanka as Suntel is currently focused on inbound voice. Mobile operator Aircel and hospital chain Apollo have partnered to launch telehealth consultancy services in Chennai, allowing remote video consultations with doctors and telemedicine services.
Maninder resume
Maninder Kaur Vadhrah is seeking an opportunity in the financial domain with a growing company. She has strong academics and interpersonal skills, is dedicated and hardworking. She is currently pursuing her MBA from Punjab College of Technical Education and has prior work experience from internships at HSBC and Reebok.
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This document is a project report comparing ULIPs (Unit Linked Insurance Plans) and mutual funds as investment options. It includes an introduction, acknowledgements, abstract, and various sections like introduction to the HSBC group and its companies in India. The report was submitted as part of an MBA course requirement and involved collecting data through a questionnaire from 100 customers to analyze and determine which investment option is more suitable for investors.
Weekend news 4
RBI raised interest rates to combat high inflation as food inflation jumped to 15.1%. The Rs 8000-crore IPO of Power Grid Corporation of India will hit the market in November, aiming to raise Rs 4000 crore for expansion plans. Mercedes Benz India's managing director Wilfried Aulbur resigned after 5 years to pursue a new career outside the automobile sector.
Weekend news
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Weekend news 2
- 1. Weekend News Presented by- Maninder Vadhrah
- 3. The unique identification number used in case of internet based trading will be applicable for securities trading using wireless technology.
- 6. Smart order routing will help the investor to get the best possible price while buying & selling the shares.
- 8. Broker need to undertake the new system will route order in neutral manner.
- 9. They will have to provide a alternative route mode of trading in case of failure.
- 15. Panasonic is launching its “camera to couch” 3D solution.
Editor's Notes
- Economic times 30 august
- Et 30 august 2010
- Et 1 sep