12
Sep
2018
Woman hand using mobile phone, Worldwide connection technology interface.
Today, driven by the massive growth in online retail, fraud management has had to go well beyond establishing the creditworthiness of a buyer to also encompass validating their identity. The situation becomes even more complex for e-retailers looking to do business in multiple markets.
Firstly, international expansion brings with it higher payment processing volumes and therefore greater...
10
Sep
2018
Some of the challenges facing businesses that sell to other businesses, often called B2B companies, are different than those for businesses that sell to consumers: the process until the transaction is closed is longer, there are more people involved in the decision on the customer’s side and there is a need for a deeper dialogue and a greater understanding of the customer’s needs.
Even if...
27
Aug
2018
Financial graphs on computer screen
How I use Microsoft Power BI
As a project manager who focuses on data analytics and predictive forecasting, I use Power BI on a regular basis. One of the main reasons for this is because it is so easy for our stakeholders to use and understand the data which gets presented out. In my daily work efforts, I focus on ensuring our backend databases are built appropriately in order to be integrated...
02
Aug
2018
Digital business models have mushroomed in the last few years - and many of them have disappeared again. This is unavoidable. Those who quickly recognize the necessity to concentrate on special functionalities and certain target groups will survive. In this post, I will attempt to demonstrate how we at FRIDAY follow this successful path.
Brief description of FRIDAY: The company operates a...
01
Aug
2018
Many companies still do not focus on optimising their processes although this can strengthen the customer relationship as well as increase the number of paid invoices. At the same time, companies are gaining more discretion when it comes to using resources. By avoiding investments in necessary internal dunning processes, this allows them to concentrate on their core business. Let’s take a closer...
18
Jul
2018
Multiple Atlanta-based Finance & Analytics executives accepted our invitation to learn more about how Data & Analytics transform financial processes, making our networking event in Atlanta a great success. It fostered the creation of an active community for Financial Advanced Analytics and provided participants with insight into how they can tackle current analytics-related challenges in...
03
Jul
2018
Content marketing has been popular for a long time and it’s easy to understand why: by offering your customers and visitors relevant and engaging content, you give them a good reason to return more often, stay for longer, and become more loyal to your company and its products.
In recent years, influencer marketing – marketing that is done by partnering with influential people known as...
20
Jun
2018
A couple of weeks ago I reported on my involvement the E-Commerce Working Group organized by the EC3 – Europol’s European Cybercrime Centre. Once a year I spend ten days with Europol and other private companies as part of the Retail Week of Action, where we help hunt eCommerce criminals. There we are able to speed up the usual process by reporting suspicious activities directly to the...
15
Jun
2018
At first sight, Financial Advanced Analytics can seem overwhelmingly complex. Not only do we have to consider factors that are relevant to advanced analytics projects in general, but we must also consider industry-specific factors within finance processes. These include layers of legislation, an emphasis on accountability and traceability in relation to decision-making (even down to individual...
30
May
2018
Anyone who still doesn't believe in the future of mobile payment and contactless payment will certainly have changed their mind since last Thursday. Once again, an American financial giant bought out a promising European finance startup - in order to consolidate its business in Europe.
Last Thursday, I learned that PayPal had snapped up the mobile payment service iZettle for $2.2 billion; news...
