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Top Digital Payment Trends to Watch Out For in 2023

Top Digital Payment Trends to Watch Out For in 2023

Payel Ghosh2023-02-02T18:40:56+05:30

In 2022, we already saw the emergence of payment SaaS, the adoption of Blockchain Technology, and the evolution of Central Bank Digital Currency. We also saw new payment modes like Buy Now Pay Later, Biometric Authentication, and Biometric Payments and an increase in the use of AI and ML [...]

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February 2, 2023
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Top 6 Business Benefits of Digital Insurance

Top 6 Business Benefits of Digital Insurance

Ashis Kumar Rout2023-01-31T16:07:21+05:30

Digital technologies are fundamentally shifting how businesses across all industries operate and serve their customers, and insurance is no exception. Many insurers today offer innovative digital technologies to meet the needs of their consumers. So, whether you are looking for health, life, auto, or home insurance, there are a [...]

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January 30, 2023
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Importance of Human in the Loop (HITL) in Data Annotation Process

Importance of Human in the Loop (HITL) in the Data Annotation Process

Cigniti Technologies2023-01-27T19:06:58+05:30

Contrary to what we see in the movies, artificial intelligence (AI) today is not capable of doing and learning everything on its own. It greatly and principally depends on the feedback that it gets from people. “Human in the Loop” (HITL) refers to the role of human feedback in [...]

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January 27, 2023
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Modernizing the Customer Loyalty Landscape

Modernizing the Customer Loyalty Landscape

Deepakumar2023-01-24T11:43:43+05:30

These days, we can’t complete a transaction in a retail store without “giving away” our contact number. This is true especially if the store is part of a retail chain that is spread across the region or country, and there are many stores present within the city a few [...]

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January 23, 2023
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Accelerate Digital Transformation With a “Mobile-First” Strategy

Accelerate Digital Transformation With a “Mobile-First” Strategy

Cigniti Technologies2023-01-23T12:26:05+05:30

In today’s world, being connected anywhere and anytime is the most crucial aspect for anyone, and mobile phones as a device are one of the most critical enablers. With smartphones and internet connectivity, having access to content has become a click away. Purchase decisions and payment modes have been [...]

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January 19, 2023
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11 Benefits of Embedded Finance and How it Transforms the Fintech

11 Benefits of Embedded Finance and How it Transforms the Fintech

Harikrishna Vulli2022-12-12T18:50:24+05:30

Have you ever thought about how you can make payments for a movie without standing in line or pay utility bills without stepping out of your home via Paytm or Google Pay? Yes, you can name many applications that make instant payments happen. But how is this happening? How [...]

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December 12, 2022
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Top 5 Ways Data Insights Can Transform the Insurance Industry

Top 5 Ways Data Insights Can Transform the Insurance Industry

Cigniti Technologies2022-12-05T19:43:20+05:30

According to a McKinsey report, companies making intensive use of customer analytics are 2.6 times more likely to have a significantly higher ROI than their competitors. Intensive users of customer analytics are 23 times more likely to outperform their competitors in terms of new customer acquisition than non-intensive users, [...]

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December 5, 2022
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How to Measure the Business Value with Effective Data Quality Governance

How to Measure the Business Value with Effective Data Quality Governance

Diwakar Konda2022-11-23T12:50:23+05:30

Governance plays a pivotal role in any industry, domain, or technology, from operational governance to strategic governance. Any governance strategy can be effective only when you have the data for effective decision making and decision intelligence. With the advent of technology, decision support has evolved to decision augmentation and [...]

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November 11, 2022
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Central Bank Digital Currency (CBDC): Here is All You Need to Know

Payel Ghosh2022-10-27T20:26:38+05:30

As the name suggests, CBDC is the central bank-issued digital currency. It is an electronic form of sovereign currency that will appear as a liability on a central bank’s balance sheet just like physical currency. Instead of printing money, the central bank, backed by the central government, issues electronic [...]

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September 5, 2022
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Customer Experience Evolution – The Air Travel Story

Deepakumar2023-02-02T17:09:47+05:30

It is a very well-known fact that if we have to identify sectors that are the most volatile and sensitive to even a small trigger in the social, economic, or political environment, the list will not be complete without the airline industry. Recessions, pandemics, regulations, and the like have hit [...]

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August 29, 2022
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