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The World of Banking Will Never Be the Same

The World of Banking Will Never Be the Same

The world of banking has experienced drastic changes, especially in the past several years. The internet has opened new doors of opportunity that have both consumers and retailers excited. Of course, there will always be customers who prefer to handle financial issues in person, but […]

How Bitcoin Has Created a New Online Gambling Boom

How Bitcoin Has Created a New Online Gambling Boom

Bitcoin is the internet’s currency of choice. It’s digital currency with its own value independent of the currency that’s sanctioned in the world economy. What does this have to do with online gambling? Well, quite a bit. First, let’s unpack why bitcoin is gaining popularity […]

Planning an Exhibit: A Guide on How to Setup your Own Exhibit

Planning an Exhibit: A Guide on How to Setup your Own Exhibit

Exhibition at a tradeshow can be nerve-wracking if you do not have enough time to prepare a strategy for it. You do not have to worry much about it since there are many methods that you can try such as getting a help from ExpoMarketing. At trade shows, you can personally meet your potential customers and establish strong business relationships with them. Therefore, you must give your best shot at organizing your exhibition. Here are some ways to plan your exhibit.

  1. Think of a subject.

You can begin by finding a topic which is interesting and unique. The topic that you will choose should entice the audience’s eyes. After this, you have to think of questions and other issues not common to the people. The final output should be an outline with particular details such as themes.

  1. Reserve your location.

After knowing which exhibition you want to attend, you have to make a reservation. If the exhibit is at a prime and downtown area, you must reserve at least 6 months before it starts. Choose a space that works for your budget and needs since this will influence your ROI or return of investment. When you do research of the location, it will be better to visit the venue during another trade show to get the atmosphere of the place and crowd. In addition, you can know which areas or spaces you need to avoid.

  1. Work with professionals who are knowledgeable about your subjects.

Collaborating with experts such as doctors, researchers, and authors can be helpful in the content of your exhibit. You should get experts from different fields of study in order to integrate various learning from the topic. Take advantage of their comments and opinions to improve the outline for your exhibit.

  1. Create a plan that is applicable to different types of audiences.

When you plan well, you can possibly reach out to a million people. The most vital element is planning carefully. In order to attract an influx of people to your exhibition, you must come up with a plan for your event such as the activities and how these can contribute to the marketing of your brand or business. You must also consider the different learning methods people utilize so that they can make the most out of your exhibit.

  1. Include activities and experiences which are interactive.

This is helpful since your visitors can explore a wide array of subjects and images. For instance, you can do this by simulating a real museum. You have to make sure that these interactive activities are easy to understand and use. Moreover, you will likely need to hirea team of designers, artists, and computer programmers to make this possible.

Final Thoughts

Finally, a successful exhibit is not hard to obtain if you will take note of the steps given. You just need to have proper planning and management of how everything in your event goes. Most importantly, have fun in making your event happen.

How To Get A Great Deal When Buying A Car Online

How To Get A Great Deal When Buying A Car Online

When it comes to getting a great deal on a new or used car the best way to buy these days is online. Yet, how do you know which websites are the best sites to grab a great car deal? The best site will offer […]

4 Training Courses to Help You Become the “Collaboration” Guru of Your Company

4 Training Courses to Help You Become the “Collaboration” Guru of Your Company

Here are 4 training courses that will help you become the project collaboration guru of your company: Teamwork and collaboration in the workplace: Free course: A 6-day course that will walk you through creating the right daily task lists, keeping track of task plans, improving […]

Ethics and the Internet of Things

Ethics and the Internet of Things

The Internet of Things has created a series of new ethical dilemmas and they call for a renewed look at the rules and regulations that guide companies as they embrace and implement IoT solutions including smart devices, apps, and gather data from consumers.

The issues of automation, data privacy, individual rights and security all play a role in these emerging set of guidelines, but before we regulate, we need more time and understanding of the ins and outs of these larger questions.

Who is responsible for the behavior of automated devices?

Let’s say an automated car is driving down a roadway, and a pedestrian enters it. To avoid the pedestrian, the car must crash itself into an obstacle that might injure or kill its occupant. If it does not take evasive action, it may seriously injure or kill the pedestrian.

What does the car do? How does it decide? In the aftermath, who is responsible for that choice? Is it the car’s occupant and owner, or the manufacturer who programmed the intelligence in the vehicle to weigh choices?

Yes, this is an extreme example, but it is an example of the ethical dilemma that anyone automating devices and processes must face: what if the smart device has to make a tough choice? Neither one is a good decision, but a choice must be made.

This could arise in smart cars, manufacturing, smart homes, and many more applications. There is no clear line yet about how these decisions should be weighed, and there are no regulations in place.

It’s likely these regulations will arise as situations develop and are legally tested. In the meantime, a baseline must be established.

What data is private and what can be shared? With who?

This issue has already arisen in some ways. In a murder case, the transcripts from an “always listening” Alexa device were demanded by lawyers in a homicide case. The FBI asked Apple to hack an iPhone and retrieve data desired to assist with an investigation.

If you as an individual put one of these devices in your home, are you authorizing constant surveillance? Can what you said in the privacy of your own home be used against you, or do you have an expectation of privacy?

Apple answered these questions by simply telling the FBI no. The process was not as simple as just “hacking an iPhone.” To bypass the phone’s native security, a new operating system would need to be created. The FBI did it anyway eventually but without Apple’s help. The tech company has decided that their user’s privacy overrides the need to know of law enforcement.

Amazon answered in a similar matter, but before the case could get too far, the suspect handed over records voluntarily, and Amazon then compiled.

In these cases, it seems like the tech companies have decided that customers should have an expectation of privacy, and while the law has not been fully tested, it seems they will get their wish.

These, however, are more extreme cases. What about app data, personal information including location voluntarily shared with Google and other services? Once we agree to the terms and conditions of location services, exactly what are we making public?

Workout apps like Strava and Map My Run/Ride can easily be used to see a user’s location at various times simply by looking at their social media feeds and the information they have shared there, at least if they have chosen to make it public. Even “private” or “only friends” posts can be easily discovered using a sneaky friend request, or gaining access to an authorized account.

Medical data, health data, data gathered from devices or apps like Progressive Snap Shot all fall into question here. Can your speeding habits or driving while texting be reported to law enforcement in the name of safety? Or is that information exclusively for use by your insurance provider?

The gray area here is perhaps larger than the black or the white. We all want to be protected whenever possible from others who might cause us harm. However, how far can we go to gather that data? This area is likely to be a topic for courts for years to come.

Community Good vs. Individual Rights

Is it good for us to know the possible causation of certain diseases or behaviors based on lifestyle and common choices? When a phone or app malfunctions, is it in the interest of all users of that device to have that data? Certainly.

However, if an individual does not want to share personal data or other information about themselves with software developers, companies, or even government entities, can we compel them to do so?

The answer is in most cases no, but by far not all. If a person is infected with a potentially contagious disease or is a known criminal or predator guilty of certain crimes, it is of course in the interest of public safety to have that information available.

Even when it comes to simple apps like Siri, is it worth it to give up some privacy to let the system learn from you and become a better digital assistant? What of Apple’s new feature in Safari preventing cross-site tracking, making some tools marketers have been using for years obsolete?

If individuals saw that sharing some data would be better for everyone overall, will they be more inclined to do so?

The questions surrounding the ethics of the Internet of Things are far greater than any answers we have so far. Until more time passes, and we have had more issues presented both legally and morally, they will likely remain unanswered. It will take time to build a new code surrounding these issues, and we can all play a role in those discussions.

Should Online Casinos Be Legalized in All US States?

Should Online Casinos Be Legalized in All US States?

For decades, debates across the entire United States have raged on the issue of gambling. From nuanced changes in federal law to local initiatives, many people have advocated for the construction of new casinos and a liberalization of gambling laws in hundreds of jurisdictions. Throughout […]

How to Fund your New Business through Playing Online Poker

How to Fund your New Business through Playing Online Poker

Something you may have never considered as a fantastic opportunity for generating a very handsome level of capital is through the playing of online poker. Whether you plan on playing in the professional leagues, or will just be applying your talents in the casual sectors, […]

Do You Have A Tech Idea? Here Are Three Reasons to Incubate Them in Hong Kong

Do You Have A Tech Idea? Here Are Three Reasons to Incubate Them in Hong Kong

Hong Kong has for many years won praise globally for supporting startups. As an Independent Administrative Region of China, Hong Kong works very hard to support businesses and stay ahead of other nations.

The developments of the last decade have demonstrated that the world is adrift towards technology based systems. Now, Hong Kong is even more committed to ensuring that every investor with a tech idea is supported. Here are three reasons why you should base a tech startup in Hong Kong.

The government supports the ventures with funds

The Hong Kong administration sets aside a lot of funds every year to help startups that do not have ample financial base. This means that you can concentrate on the tech product and leave the funding to come from the government. Moreover, company formation in Hong-Kong is very easy and quick if you are accompanied by the right specialist.

Whether you are working on mobile apps or the next Artificial Intelligence service, the Hong Kong administration want to be part of you through support via programs such as the Cyberport Incubation Program.

Different programs help startups to learn management skills

Often, many tech experts do not make great managers. They are usually too busy working on the tech products and rarely develop the right managerial skills. This has been the main reason that a lot of startups die at the incubation stage.

However, coming to Hong Kong will help you to get the necessary skills to start seeing the technology as a business. You have an opportunity to meet with other investors who are ready to nurture your skills for success.

The incubation programs create a link with different investors

When you create a great product, one question that might be disturbing is how to get it out there? But this should not be a problem if you come to Hong Kong. The programs held by the government in conjunction with other tech firms will bring investors right to your door steps. This is a great way to sell a tech product for a lot of money, forming partnership, or joining a great company to implement an idea.

5 Ways to Improve Communication in a Healthcare Organization

5 Ways to Improve Communication in a Healthcare Organization

When it comes to communication in your healthcare organization, do you believe there is room for improvement? In most organizations this is the case, so it’s essential to keep finding ways to address this important aspect of your healthcare organization. Some simple changes to your […]

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The world of banking has experienced drastic changes, especially in the past several years. The internet has opened new doors of opportunity that have both consumers and retailers excited. Of course, there will always be customers who prefer to handle financial issues in person, but today, an increasing number of people enjoy the benefits that go hand in hand with online payments and banking.

All someone has to do is look at the changes that have already occurred to see that more are to come. With growing consumer and retailer demand, fintech solutions will keep pushing forward. In particular, more reliable and robust strategies allow for better online banking and payment experiences for both consumers and retailers.

However, there are many additional changes coming in the near future, which include the following.

Advanced Mobile Payment Options

Of all the changes seen so far, mobile payment options are without question the biggest and most impressive. As a perfect example, a unique program launched by MasterCard uses advanced biometric authentication. In lieu of numeric and letter passwords, an individual uses a selfie as a way of gaining access to online accounts.

Beyond selfies, MasterCard is exploring a number of other options. This includes things like cardiac rhythm, facial identification, and voice recognition. Regardless of new strategies implemented, the goal is to ensure that consumers, as well as retailers, have a safer and easier experience when conducting banking and making payments online.

Already, several options for mobile payments exist. One is a mobile app that allows consumers to purchase items from a specific merchant. As a secure app, data are only stored on the user’s device, meaning that at no time are data stored on the merchant’s device.

Benefits of Mobile Wallets

From the time of introduction, mobile wallets have had a positive impact on the world of banking. For instance, monitoring and tracking customers’ behavior is something that retailers can do. This gives them a huge advantage for making necessary modifications regarding the types of products and services that they offer.

At the same time, mobile wallets are extremely beneficial for consumers. Many experts believe that this payment solution will drive more people to physical stores for in-person shopping. Not only does that improve store sales, it generates a greater amount of revenue for businesses.

Apple was the primary company offering mobile wallets in 2014, but a year later, others followed, including Samsung and Google. Soon, Chase, Amazon, Walmart, and a host of other companies launched their own mobile wallets. This eventually trickled down to social media sites, like Facebook, that started providing customers with unique payment options for purchasing goods online and sending money.

As the number of changes increased, experts started paying more attention. Based on the newly discovered insight, they now predict that a volume of $500 billion for in-store mobile payments will be reached by 2020. Another prediction is that growth specific to making payments online will reach beyond what was initially envisioned. The fact is that rather than carry cash, more consumers prefer to use their cards and smart devices.

Streamlined Digital Remittances

Sending money around the world has never been easier thanks to digital remittances. Xoom, along with other startups, has shown a tremendous amount of interest in this online payment option. Founded in 2001, this San Francisco-based company has grown so much that it now ranks bigger than MoneyGram, which is quite a feat.

Alternative Peer-to-Peer Lending

Peer-to-peer lending is another change that continues to make an impact on the world of banking. Having achieved huge growth, this lending solution allows people to bypass traditional lenders and go with an alternative solution, one that offers lower interest rates. With such great potential, this is something that a number of innovators are involved with. For instance, Lending Club has originated loans worth more than $20 million since first being founded.

Great Potential with Blockchain Technology

Cryptocurrency and blockchain technology present great potential for both online banking and payments, with many people believing that tokenization will have the greatest impact on the financial sector.

Several startups, including Movile, recognize the value of the blockchain technology. For that reason, they are tapping into its potential. This is done by incorporating bitcoin. Along with allowing in-game purchases, this provides a mobile payment solution that is already used in several developing countries like Brazil.

According to supporters, blockchain technology is not only trustworthy but also completely transparent. Overall, this technology helps streamline the process of making payments online.

Impact on the Retail Industry

Something else of importance to the banking world is that beacons, big data, and sensors are expected to make some major waves for retail companies. With these three options, retailers have a better method for reaching targeted customers using customization in the form of coupons, promotions, and flash sales. For both consumers and retailers, a nice benefit is that these options make finalizing purchases ahead of time a reality.

Transferring with P2P

For a long time, PayPal has been the payment industry leader. However, with new opportunities on the horizon, there is a good chance that various startups will give this giant some serious competition. For example, is a company that offers a line of online financial products. Even better, this company does not impose transaction fees. Venmo is also a viable option for P2P transfers.

Sometime in the near future, many more changes to the banking industry will join those already implemented. As a result, online banking, as well as online payments, will be better for consumers and retailers alike. At the top of the list of concerns is safety. Therefore, cutting-edge security will always be the main focus. However, increasing the speed of transactions is also important since it improves the overall shopping experience.