Trending December 2023 # Top 5 Digital Payment Trends To Keep An Eye On In 2023 # Suggested January 2024 # Top 20 Popular

You are reading the article Top 5 Digital Payment Trends To Keep An Eye On In 2023 updated in December 2023 on the website Kientrucdochoi.com. We hope that the information we have shared is helpful to you. If you find the content interesting and meaningful, please share it with your friends and continue to follow and support us for the latest updates. Suggested January 2024 Top 5 Digital Payment Trends To Keep An Eye On In 2023

Digital Payment Platforms are taking over the banks

Payment products

With the pandemic’s hit, people across the globe are shifting towards contactless transactions in every possible area. Digital payments allow the user to keep tapping on their smartphones to make payments using QR codes making the tasks simple. Many companies like Apple, Samsung, and Google already have made their respective contactless payments.

Stronger security

With increasing cyberattacks, it brings the need for cybersecurity to overcome threats. And these digital payments can go forward ensuring security. Payment companies are improving their existing cybersecurity framework preventing securities, intrusions. Facial recognition, biometrics, and voice-enabled payments being essential factors in ensuring safety and security purposes.

Integrated payments

Integrated payments offer a seamless checkout experience for prospective customers. As they do not expect payment to be a separate part of the exchange but as a part of the trade heading towards extra steps for its completion. This allows them to interact with the customers directly.

B2B Payments

With increasing FinTech companies, payments have become more central to make B2B experiences much better. The payments industry is to shift gears and bring about the same level of quality, security, and speed to B2B payments. With integrated payments, B2B companies can connect with payment facilitators directly cutting the transaction cost.

P2P Payments

According to the latest research, the global payments industry previously was about $5.4trillion in 2023 and is likely to touch $6.6trillion by 2023. It is expected to reach up to $10.5trillion in value within four years. Here are the top 5 digital payment trends to keep an eye on in chúng tôi the pandemic’s hit, people across the globe are shifting towards contactless transactions in every possible area. Digital payments allow the user to keep tapping on their smartphones to make payments using QR codes making the tasks simple. Many companies like Apple, Samsung, and Google already have made their respective contactless chúng tôi increasing cyberattacks, it brings the need for cybersecurity to overcome threats. And these digital payments can go forward ensuring security. Payment companies are improving their existing cybersecurity framework preventing securities, intrusions. Facial recognition, biometrics, and voice-enabled payments being essential factors in ensuring safety and security purposes.Integrated payments offer a seamless checkout experience for prospective customers. As they do not expect payment to be a separate part of the exchange but as a part of the trade heading towards extra steps for its completion. This allows them to interact with the customers chúng tôi increasing FinTech companies, payments have become more central to make B2B experiences much better. The payments industry is to shift gears and bring about the same level of quality, security, and speed to B2B payments. With integrated payments, B2B companies can connect with payment facilitators directly cutting the transaction chúng tôi number of users of P2P payments has been increasing day by day. The platforms such as PayPal, Razorpay have gained popularity over the years. And many platforms already provide additional services like investments and trading, cryptocurrency transactions, and debit card offerings. They are leading to become like banks of today.

You're reading Top 5 Digital Payment Trends To Keep An Eye On In 2023

7 Best Soft Robotics Companies To Keep An Eye On In 2023

Soft robotics companies are essential for robotics users. Soft robotics refers to the subfield within robotics that deals with the creation of robots from soft, elastic and flexible materials.

It is similar to living organisms. It is based on living organisms that adapt to their environment. Soft robotics technology allows robots to exhibit both dynamic and plastic behavior.

SpectroPlast

The lack of soft touch surfaces is a major obstacle to soft robotics creation. Silicon is the preferred material for creating touch surfaces that feel soft and human-like. SpectroPlast, a Swiss startup company, provides silicon-based solutions to different applications.

Also read: The 15 Best E-Commerce Marketing Tools

iCobots

Soft robotics technology is used by iCobots to package food products such as eggs, fruits, or chocolates that do not require manual labor. These robots work together to combine robot speed with human touch, and can be used in delicate food handling. Robots can handle many products from different industries, including agriculture.

Soft Gripping

Also read: 11 best ways to Improve Personal Development and Self-Growth and its Benefit on our Life

Squishy Robotics

Squishy Robotics is a mobile sensing robot that can be quickly deployed and used for remote monitoring, disaster rescue, and space exploration. The company’s goal is to create fusion robots by combining mobile sensing, machine learning, big data, smart IoT, and machine learning.

This platform can be customized to adapt to changing situations. This startup is currently focusing on developing applications that provide scientific monitoring, delivery services and smart home applications.

Somnox

Somnox is one of the pioneers in providing a technology that helps people fall asleep. Soft robotic innovation is the company’s specialty. It helps people fall asleep at night and wake up feeling more energetic.

Also read: Best 10 Email Marketing Tools in 2023

Soft Robotics Soft Robot Tech (SRT)

SRT, a China-based startup, specializes in software robotics. This includes flexible SRT jaws and intelligent medical aids. The company studies the deformation mechanism inflexible materials and develops grippers that can grasp workpieces of various sizes, shapes, weights, and with one claw.

These claws are equipped with a soft, pneumatic thumb that covers the target and does not know its size or shape beforehand.

5 Fintech Trends To Watch In 2023

The COVID-19 pandemic affected every aspect of our lives in 2023. The way we live, the way we work, and the way we interact with the world were fundamentally altered during this year. One of the biggest impacts of the pandemic was the stress and strain it put on the global economy and financial markets.

As we enter 2023 and with hope that the pandemic is in its final stages, we can start to turn our attention from what to do about the pandemic to what we can do to get back on track when the pandemic is over. In the financial sector, as with many other areas, most of the answers will come from technology.

If 2023 was the year that forced us to adopt new technology quicker than we ever have in the past, 2023 will be the year that we start reaping the benefits of having all these new technologies in place. Nowhere will this be more apparent than in the world of financial technology (fintech).

Here are five fintech trends to watch in 2023 1. Security Solutions Must Continue to Grow More Sophisticated

Security is always a top priority in the financial world. In 2023 though, security concerns in the fintech world have grown to unprecedented levels. The global pandemic forced more people than ever to work remotely and, with lockdowns and stay-at-home orders dominating the year, more people spent more money than ever online. This led to an enormous spike in cyberattacks – and specifically COVID-19-related cyberattacks – in 2023.

To deal with the specifically COVID-related uptick in cybercrime as well as the general upward trend of these kinds of attacks, fintech must continue to provide more sophisticated, tech-based solutions to financial security issues. In 2023, this will be a big trend throughout the fintech sector.

2. Fintech will continue to harness the power of Artificial Intelligence and Machine Learning

In 2023, implementing Artificial intelligence (AI) and machine learning (ML) in new ways across various industries are incredibly hot technology trends right now. The fintech sector is one of the industries benefiting from these changes. The financial applications of AI and ML will only grow in 2023 because of all they can do for the industry.

Fintech is using AI and ML technology in many ways in 2023. In response to less face-to-face (or even voice-to-voice) interaction due to the pandemic, AI chatbots are giving financial customers a human-like experience while keeping financial employees safely at home.

AI is also being used to analyze consumer behavior in ways that offer several benefits. AI can recommend other financial products based on a consumer’s habits or detect unusual patterns in the name of fraud prevention.

Also read: The Top 10 Digital Process Automation (DPA) Tools

3. Digital-only Banks will Become More Mainstream

In the past, banks were brick and mortar buildings with big vaults that physically held your money. Today, while most banks still have buildings, the need for them is shrinking. The pandemic showed many people what type of physical establishments they really need and which ones they don’t. For many people, physical banks are not essential.

Digital banking and banking apps have been on the rise for a few years now. With the pandemic shutting so many doors of traditional brick and mortar businesses, this fintech became more important in 2023. In July 2023, Forbes reported that more than 14 million Americans identified a digital-only bank – like Chime, Dave, or Ally – as their primary bank.

The pandemic has changed many habits for good. Banking in person may be one of them. In addition to mobile banking solutions, though, fintech also needs to combine these with upgraded security (see above) before digital-only banks reach their tipping point and are fully embraced. 2023 may be the year that happens.

4. The Emergence of Fintech as a Service

Software as a Service (SaaS) has changed the way small and mid-size businesses are able to access powerful software for the benefit of their business.

SaaS takes large, powerful software platforms and gives companies access to it through cloud computing. These companies pay a subscription fee and can use the software without the costs associated with developing or housing this type of platform.

In 2023, we will see a rise in Fintech as a Service (FaaS) platforms. The entire financial world is embracing fintech as the way of the future but often, only the biggest companies in the financial sector can utilize fintech to its full potential.

As more FaaS platforms are developed, more small and mid-size banks, credit unions, investment houses, and other financial institutions will be able to reap the rewards fintech has to offer.

5. Regtech Will Grow Along with Fintech

Fintech has the power to do tremendous good in the financial industry but, unfortunately, the potential for it to be used for ill-purposes is also great. As the influence of fintech grows, financial regulators are struggling to keep up. This is why we will see more regulatory technology (Regtech) in 2023.

In the coming year, one more trend in fintech is that the providers of these technologies will work closely with governments and other regulatory bodies to provide these agencies with tech-based solutions to help keep people’s money safe in the financial industry.

Also read: Top 10 Business Intelligence Tools of 2023

Conclusion

The year 2023 will be the year the world gets back on track after the pandemic. Technology will be a big driver in this recovery and will in part shape new realities going forward.

In the world of finance, fintech will help define 2023. Fintech trends of better security, AI and ML, digital only-banking, FaaS, and Regtech all become growing trends in 2023 and define this incredibly important year.

5 Top Deep Learning Trends

Deep learning (DL) could be defined as a form of machine learning based on artificial neural networks which harness multiple processing layers in order to extract progressively better and more high-level insights from data. In essence it is simply a more sophisticated application of artificial intelligence (AI) platforms and machine learning (ML).

Here are some of the top trends in deep learning:

Model Scale Up

A lot of the excitement in deep learning right now is centered around scaling up large, relatively general models (now being called foundation models). They are exhibiting surprising capabilities such as generating novel text, images from text, and video from text. Anything that scales up AI models adds yet more capabilities to deep learning. This is showing up in algorithms that go beyond simplistic responses to multi-faceted answers and actions that dig deeper into data, preferences, and potential actions.

Scale Up Limitations

However, not everyone is convinced that the scaling up of neural networks is going to continue to bear fruit. Roadblocks may lie ahead.

“There is some debate about how far we can get in terms of aspects of intelligence with scaling alone,” said Peter Stone, PhD, Executive Director, Sony AI America.

“Current models are limited in several ways, and some of the community is rushing to point those out. It will be interesting to see what capabilities can be achieved with neural networks alone, and what novel methods will be uncovered for combining neural networks with other AI paradigms.”

AI and Model Training

AI isn’t something you plug in and, presto, instant insights. It takes time for the deep learning platform to analyze data sets, spot patterns, and begin to derive conclusions that have broad applicability in the real world. The good news is that AI platforms are rapidly evolving to keep up with model training demands.

“Organizations can enhance their AI platforms by combining open-source projects and commercial technologies,” said Bin Fan, VP Open Source and Founding Engineer at Alluxio.

“It is essential to consider skills, speed of deployment, the variety of algorithms supported, and the flexibility of the system while making decisions.”

“Containerization being the key, Kubernetes will aid cloud-native MLOps in integrating with more mature technologies,” said Fan.

Prescriptive Modeling over Predictive Modeling

Modeling has gone through many phases over the last many years. Initial attempts tried to predict trends from historical data. This had some value, but didn’t take into account factors such as context, sudden traffic spikes, and shifts in market forces. In particular, real-time data played no real part in early efforts at predictive modeling.

As unstructured data became more important, organizations wanted to mine it to glean insight. Coupled with the rise in processing power, suddenly real time analysis rose to prominence. And the immense amounts of data generated by social media has only added to the need to address real time information.

How does this relate to AI, deep learning, and automation?

“Many of the current and previous industry implementations of AI have relied on the AI to inform a human of some anticipated event, who then has the expert knowledge to know what action to take,” said Frans Cronje, CEO and Co-founder of DataProphet.

“Increasingly, providers are moving to AI that can anticipate a future event and take the correspondent action.”

This opens the door to far more effective deep learning networks. With real time data being constantly used by multi-layered neural networks, AI can be utilized to take more and more of the workload away from humans. Instead of referring the decision to a human expert, deep learning can be used to prescribe predicted decisions based on historical, real-time, and analytical data.

5 Instagram Trends 2023 – What You Should Know

And in 2023, Instagram had a lot of updates. New features have appeared: the ability to add music to stories, hide likes under posts, a section with short videos Reels, Live Rooms. The social network continues to grow and remains a powerful platform for promoting business and personal brands. To keep up with your competitors, you need to constantly monitor new trends and adapt them to your account. Let’s see what trends will rule the roost this year.

1 Reel and The Video Format in General

Since 2023, all marketers, social media, and PR specialists have been shouting: “People, learn how to shoot and edit videos. It will be in high demand soon.” This moment has come. In 2023, Instagram CEO Adam Mosseri announced plans for the social network and called TikTok and YouTube its main competitors. “We are no longer a square photo-sharing app,” he said. This is why you need various tricks, like Instagram save videos. Although this social network still cannot download the video directly, you can save Instagram video for offline use with Inflact free web service.

Today, TikTok and Reels are capturing not only the younger generation but also established bloggers and experts in all fields. This is a good channel to attract free followers and attention to your account. What to shoot? Life hacks, tutorials, Humor, funny life stories.

2 Negligence and Authenticity in The Feed

The ideal Instagram life is infuriating today. People are tired of photoshopped photos, simulated happiness, successful success. The Instagram trend for 2023 is authenticity, honesty, sloppiness. In order to upload photos to the feed, you no longer have to try. Previously, this rule was suitable for stories, but now in this regard, stories and the feed seem to have swapped places.

3 Building a Close-Knit Community

In 2023, bloggers and brands will try to create a society around them. Being in social isolation and switching to remote work, people acutely felt the lack of communication. They want to unite with like-minded people, communicate in a safe zone where they will be understood and supported. Anyone who can create such a place will receive a loyal audience.

Uniting people with similar values into a cohesive community is the main Instagram trend of 2023

To create a community, you need to:

Study your target audience, its values, and needs;

When creating content, focus on common values with the target audience;

Engage the audience in a dialogue;

Give people a benefit (a place where they can express their point of view, get support, communicate with like-minded people, etc.).

How Nfts Will Change The World In 2023: 5 Key Trends

Within a few months of the start of 2023, the global economy was rocked to its foundations. However, digital markets and virtual real estate have proven to be a boon to both businesses and consumers alike. The Metaverse is another name for this concept. As cryptocurrencies and NFTs (non-fungible tokens) rise in prominence, the virtual marketplaces, digital assets, and the way we interact with others this decade will be vastly different from how they were in the early 2010s.

Many platforms like the Hate Race game are supporting NFTs. In this article, we will discuss five key NFT trends in 2023 as they continue their rapid growth.

Disrupting The Art World

After seeing NFTs’ dramatic rise in the art world, there has been a debate regarding the value of art, how it is owned, and what we can expect in 2023 and beyond. As an NFT, Beeple’s Every Day: The First 5,000 Days set a record for the highest price ever paid for digital artwork. Using blockchain technology, NFTs allow us to verify the origin and ownership of digital data for the first time in history.

It appears that fractional NFTs of real-world artwork by well-known artists will be in demand in 2023, and fractional NFTs allow investment in high-value crypto assets for a fraction of the price.

Many global artists are holding NFT auctions and even making them a viable source of income. This $50 billion a year industry/opportunity is attracting the attention of more and more art lovers and investors.

Influence on the Gaming Industry

In the year 2023, gaming was the second most important NFT application. Through blockchain-based play-to-win games, NFTs have ushered in a new age in gaming since they represent the first time that players own their assets, which they may sell. NFTs trade for profit.

Boosting Fundraising Efforts to a New Level

There’s always room for charity when there’s a lot of money, major investors, or valuable objects at stake. Fundraising has become an inevitable outcome of NFTs as the world embraces the benefits of tokenization.

Every time a transaction is made using an NFT, a portion of the money is automatically donated to a good cause. NFTs and smart contract algorithms are safeguarded by blockchain technology since it creates a publicly traceable and transparent database. In addition, cryptocurrency-based charitable payments involve lower transaction fees and near-instant returns as well as.

Impact on Social Communities

Instagram and Twitter profile images that feature a monkey, giraffe, or some other imaginative animal interpretation have recently risen in popularity. It’s also possible that this is due to the widespread adoption of NFTs.

This has also led to exclusive Metaverse communities and social clubs, all of which have one thing in common: they all own the same NFT from the same artist. With more than ten thousand virtual world objects, the Shiboshis Social Club is an exclusive Metaverse club for Shiboshi NFT owners. Members of the Bored Ape Yacht Club (BAYC), for example, receive social benefits as a result of their NFT collection. Future social activities will be powered by NFTs.