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5 Sure-Fire Tips How AI Is Going to Improve Fintech in 2021

Smart Data Collective

AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021 as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools. A crucial decision is needed in many financial sectors.

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6 Reasons to Boost Data Security Plan in the Age of Big Data

Smart Data Collective

From healthcare to finance and from social media to education, big data is transforming how we interact with the world around us. This is your sign to look at your organization’s data security plan and see if there are holes and gaps that need to be filled. billion in 2021 alone.

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3 Top Email Security Practices to Prevent a Data Breach

Smart Data Collective

As most enterprises use email as their primary medium to pass on information, implementing a robust email security plan is not an option but a necessity. If you are concerned about the cyber safety of your data-driven enterprise , use the below-listed best practices for email security in 2021. Why do you need an email security plan?

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Inform Your 2021 By Looking At the Most Popular Finance Content of 2020

Insight Software

The lessons we have all learned from the changes 2020 brought can give you an advantage in 2021. COVID-19 brought a new urgency to financial reporting, with businesses needing to have an accurate view of their cash flow in order to inform future planning. Best CFO KPIs and Dashboards for the 2021 CFO. Troubleshooting VLOOKUP.

Finance 105
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Data Loss: Hazards, Risks and Strategies for Prevention

Smart Data Collective

Regular saving of work and plans for the systematic backing up of data should be part of the workflow procedures of any enterprise. A Security Intelligence article cites that the 2021 average cost of a data breach is $4.24 But in 2021, the average cost reached $9.23 In 2021, $180 is the average cost of a lost PII.

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SMEs Use AI-Driven Financial Software for Greater Efficiency

Smart Data Collective

billion on AI in 2021 , but small businesses may spend even more on AI-driven financial management software. Keep reading to learn more about the relevance of AI in finance. The Evolution of Fintech For decades the most important technological innovation in finance was the calculator. Planning out an expansion.

Banking 249
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90% Of Saas Buyers Overpay for AI-Driven Services

Smart Data Collective

In fact, FastSpring estimates that 37% of vendors increased what they were charging between Q1 2021 and Q1 2022, driving up software costs for the average customer. Rising prices make it more important than ever for AI software buyers to track down the best value plans for their organization. SAAS technology is very popular in 2022.