NITI Aayog works on strategy to leverage blockchain technology

(Source: Economic Times) The official said that blockchain can be useful if applied correctly, and that the technology which is primarily used for database management works best when multiple … IDRBT, the tech arm of Reserve Bank of India, led two PoCs – domestic trade finance letter of credit and enhanced information for payments – by involving …

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Global spending on mobile hardware, software, services to grow 3.2% this year – IDC

(Source: Telecompaper) Mobile services will be the largest technology category throughout the 2016-2021 forecast period, accounting for nearly 60 percent of total spend and passing USD 1 trillion in 2021. The category is dominated by mobile connectivity services, which will contribute over 90 percent to mobile services spend. Enterprise mobility …

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MYOB takes on Xero with AI adviser product for accountants

(Source: The Australian Financial Review) Listed accounting technology company MYOB is adding more AI credentials to its products, as part of its ongoing battle with Xero to lure bookkeepers and small businesses to its software, saying its tools will now enable accountants to begin offering advisory services. MYOB will launch a free artificial intelligence powered …

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Macola ties up with LucaNet

(Source: Enterprise Times) Advanced Financial Reporting – Powered by LucaNet is available now. Kelly Roselyne, Finance/Accounting Manager, River of Goods a Macola and LucaNet customer commented: “It takes me at least 60% less time to do monthly financial… Financial Consolidation – Software for legal and management consolidation.

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Local SMEs should ‘up their game’ with latest technologies, says SAP

(Source: New Straits Times Online) Given the right business models and technology strategies, local small and medium enterprises (SMEs) can compete with the big boys in … Williamson, SMEs can ‘up their game’ and achieve success with real time access to information, and streamline everything from finance to talent management.

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New accounting software to boost business, financial institutions collaboration – Afemikhe, Project Director, Ikooba Technologies

(Source: Vanguard) … trust and confidence grow, stakeholders are encouraged to go into more business transactions for the benefit of all the parties, pointing out that the accounting software for now possesses such features asCore accounting, Notebook, Dashboard, Collaborator tool, Inventory Management System (IMS) and the HR-Payroll.

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Ripple hires Bloomberg journalist as chief market strategist

(Source: Digital Journal) Johnson also covers Internet companies, social media, cloud computing and various other subjects in technology, media, and entertainment. Before starting work with Bloomberg in 2010 … As an analyst for Cannell he focused on value investing, short selling, forensic accounting. As a journalist he also has covered sports, …

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Amazon in the banking business? Don’t bet against it

(Source: The News Tribune) Microsoft was at one time feared as the entity that would rout the banking industry by tying its personal-computer operating systems, personal-finance software and the emerging technology of the internet together. You could put together a suite of financial services through Costco. Credit card companies have tried to move …

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