Automation will be the future of collections for utilities

agile, devops

Debbie Nolan, commercial director, Arvato Financial Solutions 06/06/2018 at 10:27am "Debt recovery is repetitive and process heavy, requiring the management of a significant amount of often disparate customer information" Bad debt continues to be a big problem for utility businesses. Last year a major report from Ofwat and PwC highlighted the amount of revenue owed to water providers alone has topped £2.2...

Former GE CEO: Workers must lay out welcome mat for automation

consumer, privacy, Iot,

BY R. DANES Updated 12:49 EST. 07 June 2018 Headlines warning that automation will sweep away countless jobs aren’t hard to find online lately. But some technology experts contest that automation tools won’t evaporate workers, but rather they’ll free them from drudgery. With plumbing and pencil-pushing automated away, workers can set their brains on harder problems that demand novel solutions. The predicted...

Robotic Process Automation vs. Business Process Automation in the Modern Customer Centric Enterprise

RPA is just one automation tool that can play a role in a larger automation / improvement strategy, where technologies such as Business Process Automation or Business Process Management (BPM) also play a role. There’s a lot being said about robots these days and about Robotic Process Automation (RPA). RPA describes a software development toolkit that allows non-engineers to quickly...

Denmark Joins EU Blockchain Partnership, Plans to Implement Tech in Shipping

By Molly Jane Zuckerman | 5 June 2018 Denmark has signed a declaration to join a total of 24 European Union member states that support pan-EU blockchain standards and solutions, local news outlet Finans Watch reported June 4. The EU blockchain partnership was formed on April 10 as part of the European Commission’s Digital Day with the intention of enhancing cooperation among member states for developing blockchain tech. Brian Mikkelsen, the...

We need to talk about blockchain — together

blockchain, capital market, equichain

Tara Norton and Michael Rohwer Tuesday, June 5, 2018 - 12:12am Blockchain, a permanent digital record, can be changed by consensus among participants, and when new information is entered, it cannot be deleted. We need to talk about blockchain. Blockchain offers immense opportunities to achieve business and sustainability goals, but it will take serious collaboration to unleash its full potential. Companies are experimenting with applications of...

Bitcoin Owes Its Success To Blockchain

Today's transactions are besieged with attacks from cybercriminals, but a distributed digital ledger technology called blockchain is changing the future of the financial services industry. Trillions of dollars circulate through the global financial system every day in transactions that impact billions of people. In January 2018, an average of $1.8 trillion was traded daily in the foreign exchange market alone. These...

Union Bank’s robotic process automation, a first in the industry

UNION Bank’s marked technological advancement in recent times is a major element of its transformation programme which kicked off in 2015 and has included there definition of the Bank’s business model, reengineering of its work force and rebuilding of its physical infrastructure. Recently, the Bank became the first to adopt the Robotic Process Automation (RPA) technology, a cutting edge...

Robotic Process Automation: AI Learning To Walk Before It Runs

Robotic Process Automation (RPA) is a class of automated software that can use and understand a company’s existing applications through the user interface and automate routine rule-based operations such as reading emails and systems, calculating, generating documents and reports, checking documents and so on. Therefore, the application of RPA is extensive. In the future, those boring jobs that workers do...

Microsoft Paying $7.5 Billion for GitHub

By 121 Tech Editorial HIGHLIGHTS - This will be an all-stock deal - GitHub has around 27 million users - Microsoft says it expects the deal to close by year-end Microsoft on Monday said it will buy software development platform GitHub, in a deal worth $7.5 billion (roughly Rs. 50,300 crores) which will blend two opposite corporate cultures. The tech giant, based in Washington state,...

Supermarkets are now using blockchain to keep food fresh

Tracking down contaminated food has historically been a messy affair, sometimes taking retailers and food companies weeks to learn exactly what products they need to pull from store shelves. “Imagine if we could pinpoint with certainty within minutes, not days,” mused Frank Yiannas, one of Walmart’s top food safety executives, in a recent video published by the retailer. Attend Boston Blockchain...