eSign PDF for HR Mobile
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The advantages of utilizing esignpdf alongside airSlate SignNow
In the contemporary digital landscape, productivity and ease are crucial for any organization to succeed. airSlate SignNow provides a smooth method to oversee document signing, making it a preferred option for enterprises looking to refine their contract procedures. With capabilities crafted to fulfill the demands of small to mid-sized businesses, esignpdf is revolutionizing our approach to document management.
Procedure for utilizing esignpdf with airSlate SignNow
- Launch your web browser and go to the airSlate SignNow main page.
- Register for a free trial, or log in if you already possess an account.
- Select the document you intend to sign or distribute for signatures and upload it to the platform.
- To save time later, transform your document into a reusable template.
- Access the uploaded file and make any required modifications: you can insert fillable fields and add more information as necessary.
- Sign your document and add signature fields for each signatory.
- Verify your settings and click on 'Continue' to dispatch the eSignature invitation.
airSlate SignNow is crafted to enable businesses with an efficient and affordable document signing solution. It provides a remarkable return on investment due to its extensive feature set, ensuring that each dollar spent translates into innovation and productivity.
With intuitive interfaces and adaptable options, it specifically addresses the needs of SMBs and mid-market firms. Take advantage of its clear pricing structure and exceptional 24/7 support for all paid plans. Begin optimizing your document workflows today!
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Scales with your use cases. From SMBs to mid-market, airSlate SignNow delivers results for businesses of all sizes.
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Intuitive UI and API. Sign and send documents from your apps in minutes.
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FAQs
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What is esignpdf and how does airSlate SignNow utilize it?
eSignPDF refers to the electronic signing of PDF documents. airSlate SignNow empowers businesses to send and esign PDF documents seamlessly, providing a user-friendly interface that ensures a smooth signing experience. With airSlate SignNow, you can easily upload your PDFs and have them signed electronically, reducing the need for printing and mailing.
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What features does airSlate SignNow offer for esignpdf?
airSlate SignNow offers a variety of features for esignpdf, including document templates, customizable workflows, and advanced security options. You can easily manage and track your documents while ensuring compliance with legal standards. These features enhance the signing process, making it efficient and secure for businesses of all sizes.
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How much does airSlate SignNow cost for esignpdf services?
The pricing for airSlate SignNow varies depending on the plan you choose, with options suitable for both small businesses and larger enterprises. Each plan includes the ability to esign PDF documents, along with other valuable features. To find the best fit for your needs, visit our pricing page for detailed information on the available plans.
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Is there a trial period for using airSlate SignNow to esignpdf?
Yes, airSlate SignNow offers a free trial period allowing you to experience its esignpdf capabilities firsthand. During this trial, you can explore the platform, test its features, and see how it can improve your document signing process. This risk-free opportunity enables you to evaluate whether it meets your business requirements.
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Can airSlate SignNow integrate with other applications for esignpdf?
Absolutely! airSlate SignNow offers integrations with a wide range of applications, enhancing its functionality for esignpdf. You can easily connect it with tools like Google Drive, Salesforce, and Microsoft Office, allowing you to streamline your workflows and manage documents more efficiently.
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What are the benefits of using airSlate SignNow for esignpdf?
Using airSlate SignNow for esignpdf offers numerous benefits, including saving time and reducing costs associated with traditional paper signing. The electronic process is faster, allowing you to get documents signed in minutes instead of days. Additionally, it increases security and provides an audit trail for all signed documents.
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Is airSlate SignNow secure for esignpdf transactions?
Yes, airSlate SignNow prioritizes security for all esignpdf transactions. The platform employs industry-standard encryption and complies with various regulations to protect your sensitive data. You can confidently send and sign documents, knowing that your information is safe.
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What’s a digital transformation that reshapes an HR function?
HR is the potential tool for enabling cultural transformation and hence build digital capabilities and mindset for businesses. In the digital era that is fast taking over the work places today, how we design the employee experience is critical since that translates to customer experience and business transformation… “what an employee has not experienced in the organization, he/she cannot curate for the customer or business.” What reshapes the HR function is their position as the curators of employee experience, being the change evangelists to drive the transformation and being a strategic partner to business. HR in its transactional / administrative role will cease to exist sooner or later in the “self-service” and “hyper personalized” mode that the work force today operates in. But the change is for the better, for HR to take on more strategic, more enabling role for the employees and the business at large. Employee Experience Curators: They say it is going to be a “gig economy” – multiple types of employees and employment patterns emerging with the evolving business ecosystem. Diversity emerges not only in terms of gender or race but in terms of employment types like free lancing, assignment-based, virtual working and so on. To accommodate and encourage this diverse population, HR professionals need to gear up and curate experiences through the employee lifecycle that engage their employees by motivating & connecting with them in a way that inspires the individual. The challenge that HR will have is to understand their employee personas and build the work place infrastructure, policies, processes and engagements tailored for individuals as opposed to the mass-made approach. Change Evangelists: Transformation is not a singular process anymore… it is a phenomenon that is continuous and evolving. HR will be at the bedrock of this transformation and drive it as evangelists of this change through the organization in an agile manner - as and when a change is called for, the wave must emerge through all the people practices of the organization to enable the organization to turn with the tide. Strategic Business Partners: Being business partners in the real sense – speaking the language of business, understanding what the customer expects and building people practices & culture to cater to that need is what is expected in the HR. It can no longer be limited to recruitment, training, transactional processing… it has to evolve to actively be involved in business decisions. People are the power houses of any organization and they make or mar a brand… partnering with people to align them to business goals is imperative.
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Which Indian technology companies are doing the most interesting projects?
Here are a few more technology startups.Applytics: Applytics Innovative Solutions Company is a software product company which works to provide Anti -Counterfeiting solutions & Intelligent Traffic Management Systems where IP’s have been filed. They are currently building a Centralized Product Authentication Service which enables worldwide consumers to verify the authenticity of the products with the manufacturer(s) with a click of a button & creating value to Manufacturers, Consumers and the Government. This product allows creating a common platform which allows customers to assess the authenticity of the products that they are buying. They simplify this process by unifying the communication infrastructures through the use of a patent pending process. Currently in pilot stage, it enables consumers to find counterfeit goods in Industries ranging from FMCG, Luxury, Pharmaceuticals, seeds & Pesticides and Automotive industries.Cavintek: Cavintek is a cloud-based workflow management software company that helps customers become more productive and do more with less. It helps businesses streamline their processes and reduce costs through automation. Their flagship product, cflow, provides a suite of applications that help customers manage information, run their business processes and be more productive. cflow is aimed at SMBs trying to make a transition from managing via spreadsheets to an integrated platform. Cflow contains applications ranging from HR, purchase and inventory, assets, productivity management, compliance and skill assessment. cflow also contains industry-based solutions for jewelry, healthcare, manufacturing and construction.ChargeBee: ChargeBee is a billing solution that makes subscription management and payment collection simple for web applications. Businesses can focus on their core business without worrying about automating operational stuff. Improving customer conversion, engagement and retention are major challenges in SaaS and ChargeBee is primarily positioned to deliver value to customers using analytics & tools.CipherGraph: CipherGraph is a cloud powered service allowing enterprises to securely use and adopt the cloud. It allows enterprises to enable their workforce to securely connect from anywhere to an organization’s cloud deployment (like Amazon AWS, Windows Azure etc.). They offer enterprise class security, compliant with corporate policy for secure and encrypted communication with strict control (Role Based Access Control). This allows a highly granular access policy based on user’s corporate identity or group. CipherGraph’s cloud powered “VPN as a Service” enables secure communication from all user devices, including phones and tablets. The communication is seamlessly encrypted without needing any change to the user’s applications or work flow. The service is cloud hosted and hardware free.Colimetrics: Colimetrics has developed a software product called Org Lens that automates the measurement of human factors impact on organizational efficiency. Targeting companies which have to deal with growth in working personnel, Colimetrics’ software aims at identifying problems such as bottlenecks, bureaucracy, incorrect division of work, miscommunication of priorities etc, which bring down a company’s working efficiency. Org Lens has an analytics engine that mines organizational data. A powerful notification framework identifies potential issues before they become major problems. The reporting framework allows a variety of ways to look at the analyzed data and provides various reports, drill downs and cross references. Org Lens also includes adaptors that fetch data from internal systems such as e-mail, HR and CRM.CollateBox: CollateBox is a free online service that lets you collect and organize data from multiple sources or team members and securely share specific records based upon column, row and cell value for others to work while you receive instant notifications based on different activities around your data – magically. Think about what you want to do with your tables of data and lists and we will transform it to that effect. If you want to organize, act, share and work with parts of such data lists with other team members with lesser efforts and better control, you are left with no choice today. That’s why CollateBox matters.DataWeave: DataWeave provides actionable data in an easy-to-use format that can be used by businesses in their decision making, application building activities. Data is served to users through data APIs, dashboards and visualizations. Businesses and developers can now rest assured that they will get the data they want and focus on building applications and deriving insights. Some examples of datasets provided by DataWeave are: eCommerce price intelligence, hourly commodity prices, and open government data.Diabeto: Diabeto is a healthcare- technology company that aims to leverage web and mobile technologies for disease/disorder management and to improve health and well-being. Their first product is a tool for diabetes management which addresses the issues of tracking, managing and processing data from various diabetes tests. It is a hardware device that plugs into a glucometer and wirelessly transmits sugar reading to a diabetes mobile application for easy tracking and manageability. They currently have a hardware product that works with most glucometers and an android app that supports the device.FORMCEPT: FORMCEPT is an effort to make data analysis accessible to everyone, be it an enterprise, an individual or a device. They are building a BigData Analysis platform that can empower the existing data analysts and data scientists of an organization to extract insights out of data faster, thereby signNowly reducing the time taken to convert data into decisions. The platform provides batch processing, interactive analysis and stream processing capabilities out of the box. It can analyze unstructured data in the form of documents (PDF, HTML, DOC, text, tweets, etc.) and structured data stored in relational databases. It has built-in semantic capabilities and processing algorithms that can analyze unstructured data, categorize them, retrieve on demand and also deliver the results/reports to the right devices at the right time. Enterprises can also write customized applications (called “Intents”) on top of the platform according to their business needs and/or targeting their end customers.GAMOOZ: GAMOOZ specializes in Augmented Reality applications for mobile (iPhone, iPad, Android,Blackberry, Symbian, Bada), desktop, online, big screens and kiosks. In last one year, GAMOOZ has created 50+ AR applications for a number of companies and agencies across the globe. They have recently launched an Image-Tracking based AR Browser called ScanAR for print media. It is available on iTunes Store and Google Play and Web. They are planning to launch their own Augmented Reality Merchandise very soon eg.AR T-shirts, AR-mugs, AR-Notebooks, AR, Bags etc. They plan to sell their AR merchandise via their online shop and partners across the world via online retailers and retail chains.Graaby: Graaby is an application and solutions product company which aims to create and establish an NFC ecosystem to simplify life. They are introducing an NFC based geosocial coalition loyalty platform application called Graaby Rewards. Graaby’s focus is to build a NFC infrastructure between business and their customer, helping businesses understand their customers through a geosocial coalition reward platform, which helps retention as well as acquisition. Graaby`s NFC mobile tag will enable any mobile literally into virtual wallet bringing a new experience of tapping into rewards and social check-In into their Foursquare, Facebook places , Twitter even without any application or internet enabled mobile. Graaby’s NFC infrastructure with all partner business can be used by third party NFC application provider to add value to customer and business.Harness: Harness Handitouch Private Limited (Harness) is an education technology start-up founded by alumni of premier educational and corporate institutions in India and internationally. Their product, Touch-on-Cloud, is a tablet and cloud based learning “operating” system which disrupts the idea of classrooms, ICT and learning management systems as we think of them today by bridging the digital-physical divide. The solution has applicability in conventional, online as well as distance learning .Touch-on-Cloud effectively addresses problems faced in current conventional and ICT classrooms such as teacher control and lack of student engagement as it enables user generated content creation, real-time classroom collaboration, evaluation and feedback and content management on the cloud. Developed on HTML5, this learning operating system is platform neutral and embraces the bring-your-own-device trend that has equal efficacy for schools, colleges and coaching institutes.Hazel Media: Hazel Media is a Technology Product company set up in 2010 with a vision to create mobility and enterprise platforms that solve problems for the masses. The company had introduced its vernacular language rendering platform for mobile devices called mPustak in 2011 which won accolades, including the mBillionth Award in 2011. Hazel Media is focusing on combining Data + Mobile +Languages to create platforms that solve mobile data collection and management challenges in developing countries like India. The company’s flagship mobile data platform is called MobQuery, which has been unveiled in 2012.HuntShire: HuntShire’s Ghunter is an online assessment methodology backed by a propriety grading system to serve as a more effective recruitment process. Ghunter is designed to suit the assessment test requirements for various organizations in recruitment and talent management. By incorporating principles of gamification, HuntShire wishes to make test taking a fun experience which will bring the best out of candidates. By eliminating the need for providing options in a question, the Hunt Methodology tests the problem solving abilities of the candidates and selects people with specific skill sets defined by the role requirement. Companies can educate the applicants about the values and employer benefits during a test by sending custom messages, which in turn will help improve the desirability of the company.Impact Index: Impact Index is a leading statistical system in the sport of cricket today. The platform is targeted at the entire gamut in the cricket world. To casual cricket followers, as Impact Index simplifies cricket analysis immensely, cricket geeks, as it brings out much more than any other system can and is exponentially more accurate than the averages/aggregates that is used, and most importantly, owners/managers of cricket teams who want to select the best value players -aka Moneyball and Cricket boards, for ensuring deserving players get picked. Their claim is backed by its mention in Wisden Almanack 2012 (the most famous sports reference book in the world) – the first time in its 148 years of existence that it has mentioned an alternative statistical system in the game, by virtue of having Cricket Australia as a client.InCights: InCights intends to reduce cyber-crimes, Instances of Identity theft and associated frauds, by use of unique behavioral characteristics of people to identify and authenticate their identity. This unique character, called “VOICE”, can be used to identify consumers from anywhere, anytime and from any device. Currently this telephonic and IP based Services is being tested by BASIX SubK iTransaction to enable micro-payments in Rural India through a network of Banking Correspondent Outlet. InCights intend to make the service available to corporations, groups and association through direct sales team and by establishing a network of Value Added Resellers and OEM Partnership.Innosolv: Innosolv Consultancy Services Private Limited was founded in 2006. Innosolv, provide end-to-end solutions; from IT Services and Solutions catering to the small and medium enterprises, across sectors. Having spent the last decade working with the Indian businesses, some of their clients have become large public companies. They have two products, namely iDine, developed specifically for hospitality industry, to provide an end to end integrated solution. It provides single point management of Multi-Brand & Multi-Outlet Restaurant Chains, Point of Sale, Menu Management, Vendor Management, Recipe Costing, Automated Consumption and Costing Variance Analysis, Payroll, and Brand Investment, and iBeam Laundry, developed specifically for laundry industry, to provide end to end integrated solution. It Includes Retail, Institution, Door-to-door, and Linen Rental Business models. Solution includes Operations, Pricing, Wash process management, Finance and Accounting, Payroll, Fixed Asset management, and other unique requirements.Instamojo: Instamojo is a solution that lets the user sell digital creations simply by sharing unique checkout pagelinks. Instamojo is a simple payment system based on shortened URLs that makes everyone a merchant without installation of complicated scripts, technical know-how or signing up for merchant accounts. It can be used for software, music, video, photos, online courses, web & mobile apps, e-books and magazine or newspaper content.IntouchId: IntouchId is a cloud and mobile based product that allows people and businesses to securely maintain and share their contact information with their contacts. Just update your contact info in one place and all your contacts and customers automatically see the updates directly in their mobile’s phonebooks. Conversely, your address book is always up-to-date since it is being managed by the contacts themselves. The auto updating address book is always at your fingertips – visible directly in your phone. Users will never have to type contact info into the mobile or worry about losing contacts, saving enormous time, effort, and stress over lost or wrong contact. Also, for the first time ever, users will get to control how they show up in their contact’s phone-book, opening doors to personalization and other applications.JusPay: JusPay is started with a vision to revolutionize digital payments in India. It claims to offer the e-commerce merchants the nearest equivalent of Amazon’s Buy with 1-Click. Their solutions open the doors for e-commerce merchants to monetize on Mobile devices. JusPay aims to be the market leader in mobile payments that will catalyze the explosive growth of e-commerce, personalized entertainment and value added services. Their value-propositions are in providing payment on a Single page, no redirects, express checkout, card storage that reduces number of steps from 7 to 2, mobile checkout, single click payment with innovation on second factor authentication. JusPay is targeting a 10 billion dollar ecommerce market and plans to target other markets like VAS, Digital goods and Bill payments in the future.JustUnfollow: JustUnfollow is on a mission to help users clean their twitter. Think of them as TweetDeck for friend management. The goal is to build the perfect dashboard to help everyone manage their social graph. JustUnfollow is currently helping a million users make unfollow decisions on Twitter. JustUnfollow also helps business users keep track of the various twitter accounts they manage. The unique ‘Copy Followers’ feature helps businesses follow their competitor’s followers on twitter thus providing them with the right target audience. Twitter users follow a lot of people when they join twitter. Over a period of time their timeline gets clogged with unwanted updates. It’s hard to make unfollow decisions in order to clear up the timeline. JustUnfollow helps by making unfollow decisions easy.LearnSocial: LearnSocial is a peer-to-peer Learning Platform which envisions transforming every individual into a teacher and student. It connects people who are passionate/knowledgeable about a topic and can teach it, with people who are interested to learn new things. Currently the platform enables the learning to happen face-to-face in the real world or do “virtual” Classes through LearnSocial Live, a rich, interactive online platform that connects learners and teachers from all over the world to share their learning’s in real time. LearnSocial is the World’s first Hybrid platform which supports all modes of learning – Physical, Virtual and Self-paced there by connecting Billions of teachers, learners to share Knowledge, experience and quench their thirst for lifelong learning.Little Eye Labs: Little Eye Labs, the mobile tools startup from Bangalore, is focused on helping app developers optimize mobile apps for better performance and battery life. They provide intuitive and innovative tools that let you, the app developer or tester, view your app’s gut in a way that helps you better understand, test, benchmark and optimize. Their first product, called “Little Eye” is a power analyzer that will provide detailed insights into an app’s power consumption, at the place where it matters most for the developer/tester – his workstation. It will monitor and provide visualization of the app’s power consumption by the various hardware components (e.g. CPU, Wifi, 3G, display, etc) and also show associated events. It will help testers perform regression analysis of their app’s power consumption. In addition, the tool can also help developers benchmark their app’s battery consumption.Mango Sense: Mango Sense aims to bring books to life by making them interactive, engaging and fun using videos, quizzes, graphics, maps and games with their product MangoReader. They have two products; one is a HTML5 reader, which works on iPad, iPhone, Desktops and Android tablets. This reader helps to collaborate, highlight, search dictionary, ask questions and share notes within an interactive book. The other is a HTML5 book creation platform where one can create interactive books (videos, images, maps, quizzes, 3D Diagrams etc. The HTML 5 platform enables a “create once sell everywhere” functionality with this platform. With MangoReader Store, users can purchase, rent, gift or subscribe to interactive eBooks. MangoReader is a winner of EduStars-2012 by YourStory.in and Young Creative Entrepreneur award– 2012 by British Council.MilkorWater: MilkorWater is a computational financial analytics company which helps consumers make smarter investment decisions through unbiased analysis of recommendations given by stock market analysts. It is delivered as a Web 2.0 based technology for web, mobile and social platforms, and hosted on the world-class Amazon EC2 cloud platform. MilkorWater is the largest free site in the world that analyses stock recommendations from 1500 professional analysts across 125 brokerage firms for over 825 stocks traded on NSE. Through its analytics, its aims to revolutionize investment decision making, level playing field for retail investors by democratizing information, increase the stock market depth by bringing large number of retail investors, and bring accountability and responsibility in this market.Praxify: Xtremum Solutions is an innovative healthcare technology and analytics company working towards connecting the various stakeholders in the healthcare domain. Its flagship product – Praxify is India’s first cloud & iPad based specialty specific electronic health record (EHR) with practice management capabilities for physicians. The app comes with several features that allow, for example, easy appointment scheduling, and completely digitized patient records that enable quick and precise billing. The app is delivered using the SaaS model, allowing various stakeholders to use the app on the go, without worrying about security and integrity of the app.Radiowalla: Radiowalla Network Private Limited is a venture backed start-up which has two services – SpotRadio & Radiowalla. SpotRadio is an in-store radio solutions product, which was commercially launched in August 2011. This service offers audio branding and sound scaping solutions to retail chains, corporates and brands. It has partnered with over 40+ national retail chains with over 4,000 locations in the country within a year. Spot Radio’s music database spans across several languages and genres. It offers businesses the option of music day parting and localized ad insertions via streaming and store and forward technologies. It also helps businesses monetize their stations by operating an ad sales team, that sells airtime on clients channels to non-competing brands that wish to target the in store traffic of a particular store. Radiowalla is Radiowalla Network’s direct to consumer audio platform which offers created and curated 30+ streaming audio channels (Music and non-music) for netizens worldwide via mobile apps and any broadband connected devices.SpanIdea: SpanIdea Systems is a product design and technology services organization focused on Semiconductor, Embedded System, Wireless and Mobile Application Design. It is founded by industry veterans from CISCO, INTEL, QCOM, WIPRO, BROADCOM with a track record of delivering successful networking products for leading multinational companies and startups. Their product, uBox, is a unified Smart Home box to create a home gateway, for smart TV and home cloud.TeachAClass: TeachAClass aims to bridge the gap between education initiatives, such as Khan Academy and CK-12, and students at low-income schools in developing countries. Using a cloud-based, plug-n- play wireless toolkit called NomadEDU, which is pre-packaged with learning material, Teach A Class enable a classroom cloud anywhere in the world. The product aims to equip local teachers with quality teaching aids and provide a global distribution capability to all content creators. It has also integrated some groundbreaking, learning modules, such as the SMILE Program on NomadEDU, by which teachers and students can also develop their own questions and videos, allowing for collaborative learning.Treetle: Treetle is a location-based interest network. The Treetle platform let’s people easily find, and connect with, others around them who have the same interests and enables them to together do the things they love to do. It’s completely free for users. Treetle’s search and recommendation engine makes discovery of neighborhood groups and events efficient. Treetle’s unique way of rewarding users who organize events provides healthy incentives to actually do the things they would love to do anyways! The site is available across 3400+ cities across India, and will be rolled out globally in the next two quarters. Treetle will be releasing its mobile apps in September 2012.Virinchi: Mobile and Web Application is Virinchi’s forte and it enables them to help clients in fabricating their dreams. Their expertise lies in domains such as Mobile Application Development, iOS and Android App Development and more. Their app DealGali provides fast and comprehensive deals to users and connects buyers with sellers. Businesses can create their deals, offers, discounts and advertise their location on DealGali.com and customers can, in turn, find the best deals, discounts, offers they require and spot them in their nearest location using their smartphones.[Source - http://yourstory.in/2012/09/your...
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What is the future of fintech?
Given where I work, I’ll focus on fintech in Africa.Mobile money was a boon for fintech in Africa. Since the launch of MPESA in 2007, mobile money has been the main fintech driver in Sub Saharan Africa.That’s not to say fintech didn’t exist in Africa before 2007. Direct carrier billing, reverse SMS billing, airtime billing, mobile banking and other forms of consumer focused “fintech” have existed for a while. My first company helped businesses implement carrier-enabled billing, among other things.But all these services felt like workarounds, bolt-ons that weren’t easy to understand or explain. Try explaining reverse carrier billing to a farmer trying to sell two cows in Western Uganda.They also didn’t work for transferring value. Mobile money reduced this cognitive friction for consumers. It was money. On your phone. Plain and simple.With that, here are a few of my opinions on the trends in the payment space which will drive what happens to fintech:Mobile money agents were the first gig economy & are here to stay.Mobile money agents are human ATMs. It’s on their backs that mobile money was built. It’s because of them that you trusted mobile money. They enable liquidity — the basic requirement of any currency. You could cash out when you needed to, using their own money. Mobile money agent networks are expensive to set up and maintain. And they’re here to stay, for the time being. They’re how money gets into/out-of the system and until there’s a replacement as extensive as these networks of agents, they will still be the kings of the last mile. Because of these 500M-odd agents sprinkled across Africa, mobile money will continue to play an important role in fintech for the next few years. And fintech companies that build and maintain agent networks will continue to be important in the near term. (Zoona and Pagatech come to mind.)E-payments will become a key target for disruption.The top activity on mobile wallets is peer-to-peer transfers. The second is cash-out by a large margin. E-payments are a distant third. We will see less cash-out activity over time. As mobile money and other forms of electronic cash become more widely accepted by merchants, and as people become more comfortable with cash that they cannot see, touch, feel and count with their hands, then they will be less likely to cash out and more likely to keep e-value. This may diminish the value of agent networks over time, and give rise to other forms of e-value (block-chain based, closed wallet eco-systems, etc). Peer to peer payments will still be the top activity on these e-value systems, but at some point in the future, e-payments will overtake cash-out as the number 2 activity. Interestingly, everyone wants this to happen sooner rather than later because cash-out is expensive (agent networks are expensive to setup and run).Non telecom-led wallets will continue to riseand with them, a new breed of fintech companies that aren’t tethered to telecom companies. Telecom companies have a head start, but two things will reduce this lead over time: e-payments overtaking cash-out (already mentioned) and the rise of smart-phones. The increase in smartphone penetration (already at critical mass) means that you don’t need a sim-card to transact. You don’t need to use your telecom provider’s mobile money wallet. It will be possible for third party, non telecom-led wallets to flourish. Fintech companies are already popping up that provide various forms of non telecom-led wallets. I think the most likely candidates are the chat apps (Whatsapp, WeChat, etc) that will turn on payments in Africa at some point in the future.Banking will go digitalAlready, there are some companies working on digital banks in Africa. We’ll see these rise. And at some point, the difference between a bank account and a mobile money wallet shall disappear. A mobile money wallet will be an extension of someone’s bank account or vice versa. Interestingly, mobile banking existed long before mobile money did as an extension of a user’s bank account (my first company provided such technology for banks) - we’ll see a return to this: where your bank account and mobile wallet are indistinguishable, unless you choose a different provider for each service.Centralized credit scoring databases will emerge. Micro-loans and micro-credit have boomed over the past 5 years, on the backs of some of the trends above - for example: using smartphone data to generate credit scores and reduce risk. However, the siloed nature of these companies means that people literally borrow from one to pay the other (or to pay mobile gambling debts). This is unsustainable and will be the primary driver behind creation of centralized credit reference bureaus. In fact, more than one government and many private fintech companies are working to develop these databases.A lot else will happen:Decentralized payments: We’ll figure out in 5 years whether blockchain plays a bigger role in fintech on the continent, and whether that’s a backend infrastructure role or a e-currency role. Players like Facebook entering the game are certainly interesting.On the opposite side of the spectrum: We’ll also figure out whether Mojaloop is the platform of choice for centralizing payment service provider interconnectivity. The powers behind it are driving serious adoption, so it may well emerge as the de-facto standard for low cost interoperability. Only time will tell.All in all, fintech in Africa is a dynamic and exciting space. Lots of opportunity, lots of change, lots of sleeping giants. This is what I love about working in this space - certainly not boring!
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What is AI? How are they used?
John McCarthy explains (AI) as “the science and engineering of making intelligent machines, particularly intellectual computer programs.”It is a method to turn a computer into a computer-controlled robot or a software-controlled machine that ‘thinks’ wisely, in a manner similar to the way intelligent human beings think.This is possible by studying humans—how we think, study, choose and work while trying to resolve a problem—and then by means of the outcomes of this study, developing appropriate software and systems.AI is made up of two words: artificial and intelligence.Artificial :It implies creating a replica of a human brain.Intelligence :The machine can make its own decisions, according to the situation.Applications :TransportationAI has already been granted a licence for driving cars on the roads of California, USA.Routine workRobots can do mundane work like run household errands, supervise routine accounting and reports compiling, manage vehicles and so on. And, now these are capable of creating art, too.Marketing.Limitations of AI :cost incurred in its protection and repair.If robots start to substitute human beings in every field, it will ultimately lead to unemployment.With so much help from machines, if we, human beings stop using our thinking abilities, these abilities will steadily decline.If control of the machines goes in wrong hands, it may cause a havoc.Apart from these, there is the fear of robots overruling humans.
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