#automation in banking and financial services

[sharedocsdms]

Digital Transformation for Bank: Embracing Automation in Banking and Financial Services

The monetary business is going through a seismic shift, with Digital Transformation for banks turning into the foundation of progress. With developing client requests and savage rivalry, automation in banking and financial services isn't simply a decision — it's a need. Be that as it may, what's the significance here for banks and monetary foundations, and how might they use innovation to remain ahead? We should jump into the upheaval that is reclassifying the monetary area.

What is Digital Transformation for a Bank?

Digital Transformation for banks alludes to the reception of trend setting innovations to smooth out activities, upgrade client encounters, and lift functional proficiency. By utilizing instruments, for example, simulated intelligence, AI, and information investigation, banks are moving towards a future where manual cycles become outdated.

For banks, this change isn't just about offering on the web administrations. It includes rethinking cycles to make them quicker, more astute, and more customized. From portable banking applications to man-made intelligence driven client assistance chatbots, advanced change is making ready for more intelligent tasks and expanded consumer loyalty.

The Role of Automation in Banking and Financial Services

Mechanization in banking and monetary administrations has turned into a unique advantage. By decreasing manual mediation, monetary foundations are accomplishing accuracy, effectiveness, and speed more than ever. This is the way robotization is having an effect:

1. Smoothed out Cycles

Manual cycles like credit endorsements, KYC checks, and record taking care of are currently robotized, diminishing time required to circle back and human mistakes. For example, Mechanical Cycle Computerization (RPA) empowers banks to handle large number of exchanges with unparalleled exactness.

2. Upgraded Client care

Computerization empowers all day, every day client care through man-made intelligence controlled chatbots and remote helpers. Clients can ask about balances, resolve inquiries, or even apply for credits without visiting a branch.

3. Risk The executives and Misrepresentation Recognition

High level calculations fueled via Digital Transformation For Banks are assisting manages an account with recognizing misrepresentation continuously, guaranteeing the security of exchanges and safeguarding client information.

4. Cost Decrease

Robotizing administrative center tasks saves critical functional expenses while further developing exactness. This permits banks to divert assets to advancement and better assistance conveyance.

Why is Digital Transformation Crucial for Banks Today?

Banks face various difficulties in the present powerful market, including:

Rising client assumptions for quicker and consistent administrations.

Expanded rivalry from fintech new companies.

Administrative tensions and consistence necessities.

Information driven dynamic requirements.

By focusing on Digital Transformation for banks, monetary establishments can address these difficulties head-on. Automation in Banking and Financial Services empowers banks to measure up to assumptions as well as surpass them.

Key Advantages of Automation and Digital Transformation for Banks

Further developed Client Experience: Customized administrations, fast reactions, and simple admittance to banking administrations.

Expanded Effectiveness: Computerization lessens delays and guarantees consistent work processes.

Adaptability: As advanced stages develop, banks can extend their administrations without compromising execution.

Information Experiences: simulated intelligence controlled investigation assist manages an account with understanding client conduct, settling on information driven choices.

Future Patterns in Banking Automation and Digital Transformation

As innovation keeps on developing, here are a few patterns that will additionally change the business:

Man-made intelligence and AI: Prescient investigation for risk evaluation and client commitment.

Blockchain Innovation: Guaranteeing secure, straightforward exchanges.

Cloud Banking: Versatile framework for more prominent readiness and cost reserve funds.

Open Banking: Cooperative models to make imaginative monetary items.

Conclusion

The excursion toward Digital Transformation For Banks and Digital Transformation For Banks is one loaded up with open doors. Monetary establishments that embrace these progressions will flourish in an undeniably advanced world, offering outstanding client encounters and functional productivity.

Banks that defer this change risk being abandoned. This is the ideal opportunity to enhance, robotize, and make a vigorous computerized biological system that takes care of developing business sector requests. The eventual fate of banking is advanced — and it's as of now here!

[quantumleapblog]

Accelerating Digital Infrastructure Development: The Role of DPI Solutions Providers in Inclusive Growth

This blog dives deep into how DPI (Digital Public Infrastructure) solutions providers are laying the groundwork for inclusive digital infrastructure development. It explores their role in building scalable systems like digital IDs, payment platforms, and data-sharing protocols that power citizen-focused services. With real-world examples and impact stories, the post highlights how robust infrastructure, combined with visionary tech partners, is shaping a more inclusive digital future. Discover how this collaboration is not just enabling transformation—it’s redefining how nations deliver services at scale.

[ittstar]

DevOps Automation in Finance: Enhancing Efficiency & Reducing Costs

Explore how DevOps automation is transforming the financial services industry by improving efficiency, reducing costs, and boosting security. Learn about key benefits, challenges, and future trends in financial DevOps.

[phantomrose96]

I'm having an interesting day!

>be me >over Christmas my dad got me signed up for identity protection stuff >yesterday morning >alert for a new "financial inquiry" placed by JP Morgan Chase >"well I did not do that" >click the "this wasn't me" button >"a rep will reach out to you" >an Allstate rep reaches out to me today >I'm like "yeah that wasn't me" >he's like "huh. no good" >he's trying to reach out to them (I assume JP Morgan Chase). can't get a hold of a rep. >he says "im opening a case for you and we will call you back with an update later" >in the meantime he sends me an email of next steps >steps include a) putting out a fraud alert to the credit bureaus and b) freezing credit >he also gets me the JP Morgan Chase customer service line >I'm like "okay I should do/call all of these, right?" >he's like "yeah" >ok >he hangs up >I call the JP Morgan Chase number he gave me >I immediately get "thank you for calling Bank of America--" >what >(he gave me the wrong number….?) >I google "is JP Morgan Chase the same as Bank of America...?" >I get "no. you idiot." >I google "JP Morgan Chase help number" >I find one for Chase Bank. another for JP Morgan bank >I google "are these the same". >google says "JP Morgan Chase is the parent company of both JP Morgan bank and Chase bank" >ok > ?? >look at Chase bank customer service tab >"log in with your Chase bank account to--" >well I can't do that. I don't have a Chase bank account. in fact the problem right now is whether someone is trying to make me have a Chase bank account >this is hard >I will do the credit fraud alert first I guess >open the page the Allstate dude gave me >page lists phone numbers and websites for the bureaus >click the first link (equifax) >takes me to my.equifax.com >I make an account with my SSN >"verifying" page then says "oops we cant complete your account. call THIS number" >the number they give me doesn't match the one on the earlier page >ok >call the number on the my.equifax page >decide to multi-task while on hold and start making my experian profile >hold music ends >lady answers and says "thank you for calling Dell customer support" > ? >I say "….wait sorry, did you say Dell? I'm trying to call equifax. is this the wrong number?" >I'm staring at the screen and the phone and I HAVE typed the number correctly >Woman goes "…thank you for calling Dell customer service. if you cannot understand me please ask me to repeat myself" >I say "sorry, just. You said Dell right? This is NOT equifax?" >Woman: Are you US or Canada? >Me: "sorry, just to backtrack--" >Woman continues speaking like I haven't said anything. >she says she's going to say a number out loud >(...? like, verify my phone number maybe??) >she starts reading out this long number. >just absurdly long. >just way too many digits for a phone number >her: "2 2 4 7 7 6 4"64 >me: ?? >her: "2 4 3 3 2 6" >me: "sorry, just" >her: "5 5 5 2 3 4" >??????? >??????????????? >I hang up > ?????????????????????????????? >I google the number I called >it's probably just out of date >all online results SAY this is equifax >like 10 different results all going "yep. equifax" >??? >I call it BACK (open the "recent call" page on my phone and tap it. did not re-type it. straight up just tapped it from my last call) >automated voice >"thank you for calling Equifax. please hold" >????????? >WHO WAS DELL LADY??? >anyway >get an Equifax rep >she informs me account creation does not work on a VPN >oh okay >I turn off my work VPN >successfully create account >I give her a 10 on every survey category for telling me that >put credit freeze and fraud alert on Equifax >put credit freeze and fraud alert on Experian >try TransUnion >no option to make account. only log in. (paid only?) >tab says "don't have an account? try out these options" >credit freeze is an option under that tab >click that >it takes me to the account sign in page >ok >I do that circle on more time. for completeness.

>I google "transunion how make account" >google takes me to some other page that DOES have account creation >create account >click on the "freeze credit" option >page spins for a long time >"sorry we can't figure out your credit freeze status right now" >ok >download the Equifax/Experian/Transunion apps to keep closer tabs on this >try to log in to Transunion >"error: your password is between 8-15 characters" >? >check my password >it's 16 characters >try again >"error: your password is between 8-15 characters" >well no it's not >re-log in to the web >works >try app >"error: your password is between 8-15 characters" >?? >go to website >change my password for 15 characters >try app >"sorry, we're broken right now" >ok

I've decided this is good enough and if the fraudster wants my identity I think they can have it now

[mostlysignssomeportents]

Shifting $677m from the banks to the people, every year, forever

I'll be in TUCSON, AZ from November 8-10: I'm the GUEST OF HONOR at the TUSCON SCIENCE FICTION CONVENTION.

"Switching costs" are one of the great underappreciated evils in our world: the more it costs you to change from one product or service to another, the worse the vendor, provider, or service you're using today can treat you without risking your business.

Businesses set out to keep switching costs as high as possible. Literally. Mark Zuckerberg's capos send him memos chortling about how Facebook's new photos feature will punish anyone who leaves for a rival service with the loss of all their family photos – meaning Zuck can torment those users for profit and they'll still stick around so long as the abuse is less bad than the loss of all their cherished memories:

https://www.eff.org/deeplinks/2021/08/facebooks-secret-war-switching-costs

It's often hard to quantify switching costs. We can tell when they're high, say, if your landlord ties your internet service to your lease (splitting the profits with a shitty ISP that overcharges and underdelivers), the switching cost of getting a new internet provider is the cost of moving house. We can tell when they're low, too: you can switch from one podcatcher program to another just by exporting your list of subscriptions from the old one and importing it into the new one:

https://pluralistic.net/2024/10/16/keep-it-really-simple-stupid/#read-receipts-are-you-kidding-me-seriously-fuck-that-noise

But sometimes, economists can get a rough idea of the dollar value of high switching costs. For example, a group of economists working for the Consumer Finance Protection Bureau calculated that the hassle of changing banks is costing Americans at least $677m per year (see page 526):

https://files.consumerfinance.gov/f/documents/cfpb_personal-financial-data-rights-final-rule_2024-10.pdf

The CFPB economists used a very conservative methodology, so the number is likely higher, but let's stick with that figure for now. The switching costs of changing banks – determining which bank has the best deal for you, then transfering over your account histories, cards, payees, and automated bill payments – are costing everyday Americans more than half a billion dollars, every year.

Now, the CFPB wasn't gathering this data just to make you mad. They wanted to do something about all this money – to find a way to lower switching costs, and, in so doing, transfer all that money from bank shareholders and executives to the American public.

And that's just what they did. A newly finalized Personal Financial Data Rights rule will allow you to authorize third parties – other banks, comparison shopping sites, brokers, anyone who offers you a better deal, or help you find one – to request your account data from your bank. Your bank will be required to provide that data.

I loved this rule when they first proposed it:

https://pluralistic.net/2024/06/10/getting-things-done/#deliverism

And I like the final rule even better. They've really nailed this one, even down to the fine-grained details where interop wonks like me get very deep into the weeds. For example, a thorny problem with interop rules like this one is "who gets to decide how the interoperability works?" Where will the data-formats come from? How will we know they're fit for purpose?

This is a super-hard problem. If we put the monopolies whose power we're trying to undermine in charge of this, they can easily cheat by delivering data in uselessly obfuscated formats. For example, when I used California's privacy law to force Mailchimp to provide list of all the mailing lists I've been signed up for without my permission, they sent me thousands of folders containing more than 5,900 spreadsheets listing their internal serial numbers for the lists I'm on, with no way to find out what these lists are called or how to get off of them:

https://pluralistic.net/2024/07/22/degoogled/#kafka-as-a-service

So if we're not going to let the companies decide on data formats, who should be in charge of this? One possibility is to require the use of a standard, but again, which standard? We can ask a standards body to make a new standard, which they're often very good at, but not when the stakes are high like this. Standards bodies are very weak institutions that large companies are very good at capturing:

https://pluralistic.net/2023/04/30/weak-institutions/

Here's how the CFPB solved this: they listed out the characteristics of a good standards body, listed out the data types that the standard would have to encompass, and then told banks that so long as they used a standard from a good standards body that covered all the data-types, they'd be in the clear.

Once the rule is in effect, you'll be able to go to a comparison shopping site and authorize it to go to your bank for your transaction history, and then tell you which bank – out of all the banks in America – will pay you the most for your deposits and charge you the least for your debts. Then, after you open a new account, you can authorize the new bank to go back to your old bank and get all your data: payees, scheduled payments, payment history, all of it. Switching banks will be as easy as switching mobile phone carriers – just a few clicks and a few minutes' work to get your old number working on a phone with a new provider.

This will save Americans at least $677 million, every year. Which is to say, it will cost the banks at least $670 million every year.

Naturally, America's largest banks are suing to block the rule:

https://www.americanbanker.com/news/cfpbs-open-banking-rule-faces-suit-from-bank-policy-institute

Of course, the banks claim that they're only suing to protect you, and the $677m annual transfer from their investors to the public has nothing to do with it. The banks claim to be worried about bank-fraud, which is a real thing that we should be worried about. They say that an interoperability rule could make it easier for scammers to get at your data and even transfer your account to a sleazy fly-by-night operation without your consent. This is also true!

It is obviously true that a bad interop rule would be bad. But it doesn't follow that every interop rule is bad, or that it's impossible to make a good one. The CFPB has made a very good one.

For starters, you can't just authorize anyone to get your data. Eligible third parties have to meet stringent criteria and vetting. These third parties are only allowed to ask for the narrowest slice of your data needed to perform the task you've set for them. They aren't allowed to use that data for anything else, and as soon as they've finished, they must delete your data. You can also revoke their access to your data at any time, for any reason, with one click – none of this "call a customer service rep and wait on hold" nonsense.

What's more, if your bank has any doubts about a request for your data, they are empowered to (temporarily) refuse to provide it, until they confirm with you that everything is on the up-and-up.

I wrote about the lawsuit this week for @eff@mastodon.social's Deeplinks blog:

https://www.eff.org/deeplinks/2024/10/no-matter-what-bank-says-its-your-money-your-data-and-your-choice

In that article, I point out the tedious, obvious ruses of securitywashing and privacywashing, where a company insists that its most abusive, exploitative, invasive conduct can't be challenged because that would expose their customers to security and privacy risks. This is such bullshit.

It's bullshit when printer companies say they can't let you use third party ink – for your own good:

https://arstechnica.com/gadgets/2024/01/hp-ceo-blocking-third-party-ink-from-printers-fights-viruses/

It's bullshit when car companies say they can't let you use third party mechanics – for your own good:

https://pluralistic.net/2020/09/03/rip-david-graeber/#rolling-surveillance-platforms

It's bullshit when Apple says they can't let you use third party app stores – for your own good:

https://www.eff.org/document/letter-bruce-schneier-senate-judiciary-regarding-app-store-security

It's bullshit when Facebook says you can't independently monitor the paid disinformation in your feed – for your own good:

https://pluralistic.net/2021/08/05/comprehensive-sex-ed/#quis-custodiet-ipsos-zuck

And it's bullshit when the banks say you can't change to a bank that charges you less, and pays you more – for your own good.

CFPB boss Rohit Chopra is part of a cohort of Biden enforcers who've hit upon a devastatingly effective tactic for fighting corporate power: they read the law and found out what they're allowed to do, and then did it:

https://pluralistic.net/2023/10/23/getting-stuff-done/#praxis

The CFPB was created in 2010 with the passage of the Consumer Financial Protection Act, which specifically empowers the CFPB to make this kind of data-sharing rule. Back when the CFPA was in Congress, the banks howled about this rule, whining that they were being forced to share their data with their competitors.

But your account data isn't your bank's data. It's your data. And the CFPB is gonna let you have it, and they're gonna save you and your fellow Americans at least $677m/year – forever.

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/11/01/bankshot/#personal-financial-data-rights

[copperbadge]

Sam - I know you’ve mentioned in the past that for monthly donations, you’ve used some sort of special account or app or something but I’m having trouble remembering the details (just that you’ve mentioned that when you put money into this thing, you don’t have access to it any more). Do you still use that service? What is it called? Would you be willing to discuss the pros and cons you’ve encountered with it?

Yes! I use Charityvest, which is a Donor Advised Fund. I'll throw the details behind a cut :)

A Donor Advised Fund or DAF is a kind of bank account (usually, not always administered by banks) that serves as a bag-of-holding between you, a financial institution, and a nonprofit. Basically you put money into the DAF, and the moment you do that it's considered a charitable donation; you can write it off your taxes for that year, but you can't claw that money back. The fund has custody of the money now. The reason it's called "Donor Advised" is that the money sits there until you advise the fund where to send it. In theory the fund doesn't have to listen to you, but in practice if it doesn't, it won't last long as a DAF.

The advantage for this in legal terms is that you can dump a bunch of money into it, write the money off in one year, and donate the money to multiple nonprofits across future years. The advantage for me, and for most people who aren't millionaires, is that you can automate and anonymize your monthly giving in a way that still lets you control it.

Like, if I want to give $20 every month to the Anti-Cruelty Society, I could just go to their website and sign up to do that. Most nonprofits offer a monthly option. But if I need to miss a month or increase or cancel my giving, I have to call them and have them do that for me, I can't do it myself on the website.

What I can do with Charityvest is tell them "Take $20 out of my bank account every month and give that $20 to the Anti-Cruelty Society." But because Charityvest has a login and a dashboard, if I need to cancel that giving I can login and tell Charityvest "Stop giving $20 a month to the Anti-Cruelty Society."

I put $70 into Charityvest every month and I give $20 each to three separate nonprofits. I give $70 and not $60 so that at the end of the year, I have $120 extra that I can give as a one-time donation somewhere. I don't really have to think much about my giving month to month. DAFs also let you anonymize your giving; you control whether the nonprofit gets your name, phone number, or address, which of course many people like because they don't want extra mailings. They don't take a few from either you or the nonprofit because they make their income lending and investing the money between you depositing it and them donating it.

The big downside is, of course, that if you suddenly need $120, what's in the DAF is not available to you, it doesn't belong to you anymore. Charityvest also has a $20 minimum donation -- you can put as little or as much as you like into the fund each month, but you can't donate less than $20 to a single nonprofit at a time. You also can't tell them what day to make the donation; they take the money out of your bank on a day of your choosing, but they donate the money on their schedule (all of my giving happens on the 20th of the month, for example). So if there's a special day where someone would match your giving, you can't tell Charityvest to give on that day.

You also can't give to gofundmes or through the nonprofit's website -- you can only give through Charityvest's website and only to accredited nonprofits that you can find on their list. Now, to be clear, they do not curate this list: if the org is registered legally as a nonprofit in the US, it's on that list, so it's not like they're preventing you from giving to certain things.

So, pros: Automation; anonymity; control over repeat giving; tax benefits.

Cons: usually a minimum donation per nonprofit; lack of control over date of giving; loss of access to cash even though it still exists in the account.

For me it's been very much worth it; the automation is super helpful and if I want to make a one-off gift I just do it outside of the DAF framework. But it really depends on what you want and how much control you want over which parts of your giving. Hope this helped!

[sexymemecoin]

The Rise of DeFi: Revolutionizing the Financial Landscape

Decentralized Finance (DeFi) has emerged as one of the most transformative sectors within the cryptocurrency industry. By leveraging blockchain technology, DeFi aims to recreate and improve upon traditional financial systems, offering a more inclusive, transparent, and efficient financial ecosystem. This article explores the fundamental aspects of DeFi, its key components, benefits, challenges, and notable projects, including a brief mention of Sexy Meme Coin.

What is DeFi?

DeFi stands for Decentralized Finance, a movement that utilizes blockchain technology to build an open and permissionless financial system. Unlike traditional financial systems that rely on centralized intermediaries like banks and brokerages, DeFi operates on decentralized networks, allowing users to interact directly with financial services. This decentralization is achieved through smart contracts, which are self-executing contracts with the terms of the agreement directly written into code.

Key Components of DeFi

Decentralized Exchanges (DEXs): DEXs allow users to trade cryptocurrencies directly with one another without the need for a central authority. Platforms like Uniswap, SushiSwap, and PancakeSwap have gained popularity for their ability to provide liquidity and facilitate peer-to-peer trading.

Lending and Borrowing Platforms: DeFi lending platforms like Aave, Compound, and MakerDAO enable users to lend their assets to earn interest or borrow assets by providing collateral. These platforms use smart contracts to automate the lending process, ensuring transparency and efficiency.

Stablecoins: Stablecoins are cryptocurrencies pegged to stable assets like fiat currencies to reduce volatility. They are crucial for DeFi as they provide a stable medium of exchange and store of value. Popular stablecoins include Tether (USDT), USD Coin (USDC), and Dai (DAI).

Yield Farming and Liquidity Mining: Yield farming involves providing liquidity to DeFi protocols in exchange for rewards, often in the form of additional tokens. Liquidity mining is a similar concept where users earn rewards for providing liquidity to specific pools. These practices incentivize participation and enhance liquidity within the DeFi ecosystem.

Insurance Protocols: DeFi insurance protocols like Nexus Mutual and Cover Protocol offer coverage against risks such as smart contract failures and hacks. These platforms aim to provide users with security and peace of mind when engaging with DeFi services.

Benefits of DeFi

Financial Inclusion: DeFi opens up access to financial services for individuals who are unbanked or underbanked, particularly in regions with limited access to traditional banking infrastructure. Anyone with an internet connection can participate in DeFi, democratizing access to financial services.

Transparency and Trust: DeFi operates on public blockchains, providing transparency for all transactions. This transparency reduces the need for trust in intermediaries and allows users to verify and audit transactions independently.

Efficiency and Speed: DeFi eliminates the need for intermediaries, reducing costs and increasing the speed of transactions. Smart contracts automate processes that would typically require manual intervention, enhancing efficiency.

Innovation and Flexibility: The open-source nature of DeFi allows developers to innovate and build new financial products and services. This continuous innovation leads to the creation of diverse and flexible financial instruments.

Challenges Facing DeFi

Security Risks: DeFi platforms are susceptible to hacks, bugs, and vulnerabilities in smart contracts. High-profile incidents, such as the DAO hack and the recent exploits on various DeFi platforms, highlight the need for robust security measures.

Regulatory Uncertainty: The regulatory environment for DeFi is still evolving, with governments and regulators grappling with how to address the unique challenges posed by decentralized financial systems. This uncertainty can impact the growth and adoption of DeFi.

Scalability: DeFi platforms often face scalability issues, particularly on congested blockchain networks like Ethereum. High gas fees and slow transaction times can hinder the user experience and limit the scalability of DeFi applications.

Complexity and Usability: DeFi platforms can be complex and challenging for newcomers to navigate. Improving user interfaces and providing educational resources are crucial for broader adoption.

Notable DeFi Projects

Uniswap (UNI): Uniswap is a leading decentralized exchange that allows users to trade ERC-20 tokens directly from their wallets. Its automated market maker (AMM) model has revolutionized the way liquidity is provided and traded in the DeFi space.

Aave (AAVE): Aave is a decentralized lending and borrowing platform that offers unique features such as flash loans and rate switching. It has become one of the largest and most innovative DeFi protocols.

MakerDAO (MKR): MakerDAO is the protocol behind the Dai stablecoin, a decentralized stablecoin pegged to the US dollar. MakerDAO allows users to create Dai by collateralizing their assets, providing stability and liquidity to the DeFi ecosystem.

Compound (COMP): Compound is another leading DeFi lending platform that enables users to earn interest on their cryptocurrencies or borrow assets against collateral. Its governance token, COMP, allows users to participate in protocol governance.

Sexy Meme Coin (SXYM): While primarily known as a meme coin, Sexy Meme Coin has integrated DeFi features, including a decentralized marketplace for buying, selling, and trading memes as NFTs. This unique blend of humor and finance adds a distinct flavor to the DeFi landscape. Learn more about Sexy Meme Coin at Sexy Meme Coin.

The Future of DeFi

The future of DeFi looks promising, with continuous innovation and growing adoption. As blockchain technology advances and scalability solutions are implemented, DeFi has the potential to disrupt traditional financial systems further. Regulatory clarity and improved security measures will be crucial for the sustainable growth of the DeFi ecosystem.

DeFi is likely to continue attracting attention from both retail and institutional investors, driving further development and integration of decentralized financial services. The flexibility and inclusivity offered by DeFi make it a compelling alternative to traditional finance, paving the way for a more open and accessible financial future.

Conclusion

Decentralized Finance (DeFi) represents a significant shift in the financial landscape, leveraging blockchain technology to create a more inclusive, transparent, and efficient financial system. Despite the challenges, the benefits of DeFi and its continuous innovation make it a transformative force in the world of finance. Notable projects like Uniswap, Aave, and MakerDAO, along with unique contributions from meme coins like Sexy Meme Coin, demonstrate the diverse and dynamic nature of the DeFi ecosystem.

For those interested in exploring the playful and innovative side of DeFi, Sexy Meme Coin offers a unique and entertaining platform. Visit Sexy Meme Coin to learn more and join the community.

[betterbemeta]

don't let the bad news (evil executive orders, play by play of obvious corrupt schemes, etc.) tire you out but here's the thing.

this is not the time to 'wait,' or 'hunker down' or 'take a break.'

I know that fact plays havoc with people who have anxiety, or have ADHD or experience mania, etc. It can be difficult for many people to handle 'urgency' without it feeling like

they are being screamed at maximum volume to have already done 'everything'

but also to do it right now

and also they're already a failure

and also they can fail worse or harder, etc. etc.

I understand these feelings. But we must navigate urgency now and fragility is unfortunately not an option. Increasingly 'breaking' doesn't mean another adult fixes it for you, it means 'swept into the trash.' I understand that many people need support to confront this reality, but accessing that support also takes work, unlike an algorithm it will never 'find you.' Not falling through the cracks is not always voluntary but we want to maximize the cases where it is.

And we can talk about how the removal of safety nets is a strategy to ensure as many people smash against the ground as possible. But not on this post.

The thing is, there is no material difference between the behavior that a violent ruling party wants us to do (stay put due to obedience) and the action that the 'freeze' reaction to danger wants us to do (stay put to conserve energy/endure pain).

Even if we frame it as 'needing a rest' or 'self-care,' every significant delay to critical tasks is still a delay that could have an impact on us. Moving forward is self care right now, and will be community care if we do it in groups.

It is the strategy of oppression to make moving at all feel so overwhelming that you believe you only have the strength to hide away as they do whatever they want.

Many people will relinquish their autonomy this way, sometimes even actively.

the creepy tradwife lifestyle is bait for overwhelmed women, that a Husband will take half of the artificially overwhelming responsibility of independence away from you, in exchange for being a robot that automates HIS independence. Which he believes he needs, if he can't afford to pay a servant!

The military benefits when poverty is un-survivable with dead ends, to-dos, shit jobs, waiting lists, especially for people who have been screwed over education, that giving yourself to a cult seems like a good deal. They house, feed, clothe you, they give you directions in a world that abandoned you! You can trade up 'get a job lazy poor' to 'god bless you for your service!' (don't ask veterans if they can eat that.)

But being overwhelmed can still cause you to give up autonomy passively. Especially if you are alone or feel alone.

You don't need to do everything all at once but make serious (incremental, sane, well-paced) goals to do things you may want to accomplish like

get your bank account or financial stuff sorted out,

apply for a passport,

change your name/get married/similar processes,

get on unemployment (may also require proof of weekly job applications depending on where you live),

go to the doctor,

renew your lease or move house,

whatever you need to do. This isn't an exhaustive list.

Pencil in your Saturdays and don't bail, is what I mean.

Make buddies and teams.

Start a group chat.

Whatever works.

As long as it does and you can hold proof of it. Not a 'I sent an email' or 'i left a message,' you MUST follow up. I'm sorry.

I'm so sorry ok. I know. You're ALREADY doing so many things, I know! Me too. I know it sounds like your parents or like "pull up your pants and clean your room!" or like someone's disappointed in you. But nobody is, or they shouldn't be. And this isn't about bootstraps: nobody will participate collectively if you don't. If you wait for there to be a puller upper group, there won't be one. you have to decide to do that thing tomorrow. Even if you're tired and did so many other things today. You have to tell your friends. I KNOW. I know.

these plans and actions will give you a 'tomorrow' and that is critical right now. It is the whole goal of those who oppose you to deny you that. To make them work for it, we have to also work for ourselves.

[bangkoksolicitor]

Immigration Services in Thailand

1.1 Statutory Foundations

Immigration Act B.E. 2522 (1979): Primary legislation

Ministerial Regulations: 47 implementing regulations (updated 2023)

Royal Decrees: Special provisions for investment/retirement

1.2 Organizational Structure

Immigration Bureau: Under Royal Thai Police

Headquarters (Chaeng Wattana, Bangkok)

76 Provincial Offices

32 Border Checkpoints

Specialized Units:

Visa Division (Section 1)

Extension Division (Section 2)

Investigation Division (Section 3)

2. Core Visa Categories and Processing

2.2 Special Visa Programs

SMART Visa: 4-year stay for experts/investors

LTR Visa: 10-year privilege visa

Elite Visa: 5-20 year membership program

3. Application Procedures

3.1 Document Authentication

Notarization Requirements:

Home country documents

Thai Ministry of Foreign Affairs legalization

Translation Standards:

Certified translators

Embassy verification

4. Digital Transformation Initiatives

4.1 Online Systems

e-Extension: Pilot program for 12 visa types

90-Day Reporting: Online portal and mobile app

TM30 Automation: Hotel API integration

4.2 Biometric Implementation

Facial Recognition: At 6 major airports

Fingerprint Database: 10-print system since 2018

Iris Scanning: Testing at Suvarnabhumi

5. Compliance and Enforcement

5.1 Monitoring Systems

Overstay Tracking: Real-time alerts after 7 days

Visa Run Detection: Algorithmic pattern analysis

Work Permit Integration: MOE-Immigration data sharing

6. Provincial Variations

6.2 Special Economic Zones

Eastern Economic Corridor: Fast-track processing

Border Provinces: Cross-border worker programs

7. Specialized Services

7.1 Corporate Immigration

BOI Fast Track: 7-day work permit processing

Regional HQ Packages: Multiple-entry privileges

Startup Visa: DEPA-endorsed companies

7.2 Family Reunification

Dependent Visas: Spouse/children under 20

Parent Visas: Financial guarantee requirements

Thai National Sponsorship: Income thresholds

8. Emerging Trends (2024 Update)

8.1 Policy Developments

Digital Nomad Visa: Expected Q4 2024

Airport Automated Clearance: Expansion to 8 more nationalities

Visa Fee Restructuring: Proposed 15-20% increase

8.2 Technological Advancements

Blockchain Verification: For document authentication

AI-Assisted Processing: Risk assessment algorithms

Mobile Biometrics: Pilot for frequent travelers

9. Strategic Considerations

9.1 Application Optimization

Document Preparation:

6-month bank statement continuity

Property lease registration

Timing Strategies:

Avoid holiday periods

Pre-submission checks

9.2 Compliance Management

Record Keeping:

Entry/exit stamps

TM30 receipts

Advisory Services:

Licensed lawyers vs agents

BOI-certified consultants

[masllp]

Online Bookkeeping Services by Mercurius & Associates LLP

In today’s fast-paced digital economy, accurate and efficient financial management is crucial for every business. Whether you're a startup, small enterprise, or a growing company, keeping track of your finances is vital for sustainability and success. That’s where Mercurius & Associates LLP steps in with its online bookkeeping services — blending technology, expertise, and reliability to manage your books with precision.

Why Bookkeeping Matters

Bookkeeping is the foundation of any business’s financial health. It involves recording, classifying, and organizing all financial transactions so that businesses can:

Monitor their financial position

Ensure regulatory compliance

Make informed decisions

File accurate tax returns

Plan for growth and investment

Yet, many businesses struggle to keep up with bookkeeping due to time constraints, lack of in-house expertise, or outdated processes.

Benefits of Online Bookkeeping Services

Online bookkeeping is a game-changer for modern businesses. It offers:

Real-time access to financial data

Cloud-based solutions for anytime, anywhere access

Cost-effective services compared to in-house staff

Scalability as your business grows

Increased accuracy through automated tools

Secure data storage with regular backups

By outsourcing bookkeeping to professionals, businesses can focus more on core operations while ensuring their books are in order.

Why Choose Mercurius & Associates LLP?

At Mercurius & Associates LLP, we specialize in providing online bookkeeping services tailored to your business needs. Here’s what sets us apart:

1. Experienced Professionals

Our team comprises skilled accountants and finance experts who understand the nuances of bookkeeping across industries. We ensure compliance with Indian and international accounting standards.

2. Customized Solutions

We understand that no two businesses are the same. Our bookkeeping services are tailored to suit your industry, size, and specific requirements.

3. Technology-Driven Approach

We leverage cloud-based platforms like QuickBooks, Zoho Books, Xero, and Tally for seamless and accurate bookkeeping. Integration with your existing systems is quick and hassle-free.

4. Transparent Reporting

You receive regular financial reports that help you track performance, manage cash flow, and plan strategically. Our detailed reports include profit and loss statements, balance sheets, and cash flow summaries.

5. Data Security

We implement best-in-class data protection protocols to ensure your financial information is secure and confidential.

Services We Offer

Daily, weekly, or monthly transaction recording

Bank and credit card reconciliation

Accounts payable and receivable management

General ledger maintenance

Payroll processing support

GST return preparation and filing

Financial reporting and analysis

Industries We Serve

Our online bookkeeping services are ideal for:

Startups & Entrepreneurs

E-commerce Businesses

Healthcare Professionals

Legal Firms

Retail & Wholesale Businesses

IT & Software Companies

NGOs and Trusts

Get Started with Mercurius & Associates LLP

Outsourcing your bookkeeping doesn’t mean losing control. With Mercurius & Associates LLP, you gain a partner who brings clarity, accuracy, and efficiency to your financial operations.

Let us handle your books while you focus on growing your business.

📞 Contact us today to learn more about our online bookkeeping services or to request a free consultation.

[quantumleapblog]

Accelerating Progress with DPI: How a Leading DPI Solutions Provider Is Shaping India's Digital Public Infrastructure

This blog explores the critical role of a DPI solutions provider in India's digital evolution. From streamlining governance to boosting financial inclusion, DPI is enabling faster, secure, and scalable digital services for the masses. The article highlights how DPI frameworks like Aadhaar, UPI, and DigiLocker are being seamlessly implemented by expert providers, fostering transparency, efficiency, and innovation across government and private sectors. Learn how these solutions are laying the foundation for a truly digital Bharat.

[technicalwriteroflucknow]

Top 10 IT Software and Consulting Companies in Lucknow

Top 10 IT Software and Consulting Companies in Lucknow

Lucknow, the City of Nawabs, is steadily emerging as a significant hub for IT software and consulting services. With a growing talent pool and increasing digital adoption across industries, several companies are making their mark in this vibrant ecosystem. If you're looking for top-notch IT solutions in Lucknow, here's a list of 10 prominent players:

1. Tata Consultancy Services (TCS)

A global IT giant with a significant presence in Lucknow, TCS offers a comprehensive suite of IT services and consulting. Their expertise ranges from application development and maintenance to enterprise solutions, cloud services, and digital transformation initiatives. TCS is known for its strong delivery capabilities, global reach, and deep industry knowledge.

2. HCLTech

Another major player in the IT services domain, HCLTech has a well-established center in Lucknow. They provide a wide array of services, including software development, infrastructure management, digital process operations, and engineering and R&D services. HCLTech is recognized for its focus on innovation and its ability to deliver end-to-end IT solutions.

3. Wipro

Wipro, a leading global information technology, consulting, and business process services company, also has operations in Lucknow. They offer a broad spectrum of services, including IT consulting, application development, infrastructure services, and business process outsourcing. Wipro is known for its strong client relationships and its commitment to delivering value through technology.

4. Capgemini

Capgemini is a multinational IT services and consulting company with a presence in Lucknow. They provide services across consulting, technology, and outsourcing domains. Capgemini's expertise includes application development, infrastructure management, cybersecurity, and digital transformation services.

5. Augurs Innovation Pvt Ltd

Augurs Innovation Pvt Ltd is a prominent IT software and consulting company based in Lucknow. Known for its cutting-edge software development and robust consulting services, they offer expertise in custom software development, web and mobile application development, cloud solutions, data analytics, and IT consulting. Their client-centric approach and commitment to delivering high-quality, innovative solutions have earned them a strong reputation in the local market.

6. Tech Mahindra

Tech Mahindra, a part of the Mahindra Group, is a leading provider of digital transformation, consulting, and business re-engineering services 1 and solutions. Their Lucknow center contributes to their global delivery network, offering services in areas like software development, network services, and customer experience management.  

7. NIIT Technologies (Coforge)

Coforge, formerly known as NIIT Technologies, is a global digital services and solutions company with a presence in Lucknow. They specialize in providing services to industries such as banking and financial services, insurance, travel and transportation, and healthcare. Their offerings include application development, cloud services, and digital process automation.

8. Infosys BPM

While primarily focused on business process management, Infosys BPM in Lucknow also provides IT-enabled services and solutions. They leverage technology to optimize business processes and deliver enhanced customer experiences. Their services include finance and accounting, customer service, and supply chain management.

9. Concentrix

Concentrix is a global customer experience (CX) solutions company with a significant operation in Lucknow. While their core focus is on customer engagement, they also provide technology solutions and support to enhance CX delivery.

10. Ericsson Global Services Pvt Ltd

Ericsson's presence in Lucknow is primarily focused on providing telecom-related IT services and solutions. They contribute to the company's global services delivery capabilities, offering expertise in areas like network management, software development for telecom infrastructure, and support services.

This list showcases a selection of the leading IT software and consulting companies operating in Lucknow. The city's dynamic growth in the technology sector continues to foster innovation and attract businesses seeking reliable IT partners. When making a decision, consider your specific requirements and evaluate these companies based on their expertise, experience, and client feedback.

[quickpay1]

Benefits of Fast Online Payments — Quick Pay

In today’s digital economy, fast online payments are no longer just a convenience—they are a necessity. From e-commerce stores to freelancers and service providers, everyone is shifting toward quicker, safer, and smarter payment solutions. Among the many options available, Quick Pay has emerged as a leading platform offering seamless online payment experiences for both businesses and customers.

If you're a business owner or entrepreneur looking to scale your operations and improve customer satisfaction, understanding the benefits of fast online payments is crucial. And when it comes to delivering these benefits efficiently, Quick Pay stands out with its cutting-edge features and reliable service.

1. Enhanced Customer Experience

The first and most obvious benefit of fast online payments is an improved customer experience. Today’s consumers expect instant transactions. A slow or complicated checkout process can lead to cart abandonment and loss of revenue.

With Quick Pay, customers can complete payments in just a few clicks. The user-friendly interface, minimal redirects, and fast processing ensure that your clients enjoy a hassle-free payment journey, increasing the chances of repeat business.

Quick Pay Advantage:

One-click checkout

Mobile-optimized experience

Multiple payment options: UPI, cards, wallets, net banking

2. Faster Cash Flow for Businesses

One of the major benefits of fast online payments is accelerated cash flow. Unlike traditional bank transfers that may take days, fast payment systems like Quick Pay ensure that your money reaches you quickly—often on the same day.

For small businesses and startups, this is a game-changer. You no longer have to wait endlessly for payments, allowing better cash management, investment in growth, and operational efficiency.

Quick Pay Benefit:

Same-day settlements (T+0 and T+1 options)

Instant payment notifications

Transparent tracking of incoming funds

3. Higher Conversion Rates

Online businesses thrive on conversion rates. A complicated or slow payment process can discourage potential customers right at the final step. By offering a quick and secure payment gateway like Quick Pay, businesses can increase their checkout success rate dramatically.

Speed combined with security builds trust and reduces the bounce rate.

Quick Pay Features That Help:

Secure payment environment (PCI DSS compliant)

Optimized checkout for mobile and desktop

Auto-fill and tokenized payments for returning users

4. Increased Trust and Credibility

When customers notice that your website or app uses a reputed and fast payment solution like Quick Pay, it instantly boosts your brand’s credibility. Shoppers feel more secure transacting on your platform, knowing that their personal and financial data is in safe hands.

This trust translates into higher engagement, more referrals, and long-term brand loyalty.

Quick Pay Security Standards:

End-to-end encryption

Two-factor authentication

Fraud detection and chargeback control

5. Support for Recurring Payments

Many businesses today rely on subscription models—whether it's digital services, SaaS platforms, or fitness memberships. A major benefit of fast online payments is the ability to automate recurring billing.

Quick Pay makes recurring payments smooth and effortless. Customers don’t need to re-enter their details every time, and businesses enjoy predictable revenue without delays.

With Quick Pay, You Get:

Automated recurring billing setup

Smart invoicing and reminders

Custom billing cycles

6. Lower Operational Costs

Handling cash or bank transfers manually involves time, risk, and additional staff. Online payments automate this entire process, reducing overhead costs. Quick Pay’s all-in-one dashboard helps manage your transactions, analytics, and customer data in one place.

Over time, businesses save money on labor, reconciliation, and administrative tasks.

Quick Pay’s Business Dashboard Offers:

Real-time transaction tracking

Sales reports and analytics

Easy refund and dispute management

7. Wider Customer Reach

Fast online payments open up a global customer base. Whether you're selling in your local city or shipping products across the world, a payment gateway like Quick Pay ensures that you never miss a sale due to geographical or banking limitations.

Quick Pay supports multi-currency payments and international cards, making it easier to scale your business globally.

Quick Pay Global Features:

Support for major global currencies

Acceptance of Visa, Mastercard, AmEx, and more

Integration with international platforms like Shopify, WooCommerce, and others

8. Seamless Integrations with Online Platforms

The benefits of fast online payments are amplified when your payment gateway easily integrates with your website, mobile app, or POS system. Quick Pay offers ready-made plugins and robust APIs for smooth integration.

This reduces developer time, lowers setup costs, and gets you live faster.

Quick Pay Integration Highlights:

Easy plugins for WordPress, Shopify, Magento

Android/iOS SDKs for mobile apps

API documentation and 24/7 tech support

9. Better Customer Retention

A smooth payment experience not only helps you close a sale but also encourages customers to return. Fast refunds, saved payment options, and friendly interfaces make users feel valued.

Quick Pay includes customer retention features like:

Smart retry on failed transactions

Branded payment pages

Custom thank-you messages and emails

10. Real-Time Analytics and Insights

Understanding how your customers pay can guide better business decisions. Quick Pay’s powerful analytics tools offer deep insights into payment trends, user behavior, and settlement reports—all in real time.

This data can be used to optimize your marketing campaigns, identify high-value customers, and plan inventory.

What Quick Pay Analytics Offers:

Dashboard with payment trends and patterns

Conversion rate tracking

Refund and dispute summary

Why Choose Quick Pay?

When it comes to maximizing the benefits of fast online payments, Quick Pay checks all the boxes:

✅ Fast and secure transactions ✅ Same-day settlements ✅ Easy integrations ✅ Scalable for small to enterprise businesses ✅ Exceptional customer support

Whether you're a growing startup, a large enterprise, or a freelancer, Quick Pay empowers your business to accept payments quickly, securely, and with minimal friction.

Final Thoughts

The world is moving fast, and so should your payments. Embracing the benefits of fast online payments can revolutionize your business operations, boost customer satisfaction, and drive consistent revenue.

With its reliable technology, business-friendly features, and unmatched customer support, Quick Pay is the ideal partner for modern businesses looking to thrive in the digital age.

Ready to Get Started?

Visit www.usequickpay.com to create your free account and start accepting payments within minutes.

[udonlawyers]

Thailand Permanent Residency

Thailand's permanent residency (PR) framework originates from the 1927 Alien Registration Act, with major reforms occurring in:

1950 Immigration Act��(established modern categories)

1979 Immigration Act (current statutory basis)

2008 Nationality Act amendments (tightened naturalization pathways)

1.2 Jurisdictional Authorities

Primary Oversight: Ministry of Interior (Section 37 Immigration Act)

Implementation: Immigration Bureau (Division 1, Section 3)

Adjudication: Special Committee chaired by Permanent Secretary for Interior

1.3 Relevant International Obligations

While Thailand maintains strict immigration controls, certain bilateral agreements influence PR considerations:

ASEAN agreements on skilled labor mobility

US-Thai Treaty of Amity (limited PR implications)

Japan-Thai Economic Partnership (special professional categories)

2. Eligibility Matrix

2.2 Qualitative Assessments

Character Evaluation:

Police clearance from all countries of residence

Neighborhood certification (conduct verification)

Employer/associate testimonials

Integration Metrics:

Thai language proficiency (CEFR A1 minimum)

Cultural knowledge exam (80% pass mark)

Community participation evidence

3. Procedural Architecture

3.1 Document Preparation Protocol

Core Documentation:

Visa History: Certified copies of all visas + entry stamps

Financial Evidence:

Bank statements (6 months, certified)

Tax records (RD.90 forms)

Investment certificates (BOI/SEC approved)

Supporting Materials:

Property Documents: Chanote + household registration

Employment Verification:

Work permits (all versions)

Social fund records

Company financials (for business owners)

4. Financial and Tax Considerations

4.1 Cost Structure Analysis

Official Fees:

Application fee: THB 7,600

Approval fee: THB 191,400

Alien book: THB 800 (annual)

Re-entry permit: THB 3,800 (single), THB 9,800 (multiple)

Unofficial Costs:

Document procurement: THB 15,000-50,000

Legal representation: THB 100,000-500,000

Expediting services: Market rate THB 200,000+

4.2 Tax Implications

Pre-PR: Only Thai-sourced income taxable

Post-PR: Worldwide income potentially taxable (if remitted)

Wealth Tax: None currently, but property transfer taxes apply

5. Rights and Privileges

5.2 Occupational Restrictions

Registered Profession Requirement: Must work in field specified at application

Business Ownership: Permitted but requires MOI notification

Government Employment: Prohibited without special approval

6. Judicial and Administrative Review

6.1 Appeal Process

Rejection Appeals: 30 days to file with Immigration Commission

Judicial Review: Available at Administrative Court

Success Rates: <15% for appeals, <5% for judicial review

6.2 PR Revocation

Grounds include:

Criminal conviction (1+ year sentence)

Tax evasion findings

Extended overseas absence (5+ years)

National security concerns

7. Strategic Application Approaches

7.1 Category Optimization

Employment Track: Ideal for corporate executives (minimum THB 150k salary preferred)

Investment Route: Best for property developers (BOI projects favored)

Family Path: Most reliable for long-term married couples (10+ years marriage ideal)

7.2 Document Enhancement Strategies

Tax Augmentation: Voluntary additional tax payments to demonstrate commitment

Community Engagement: Documented volunteer work with registered charities

Language Certification: Official CU-TFL test scores preferred over immigration exam

8. Comparative Regional Analysis

8.2 Global Benchmarks

Processing Time: Thailand (3-5 yrs) vs Canada (1.5 yrs)

Cost: Thailand (~6K)vsUK( 6K)vsUK( 3K)

Success Rate: Thailand (8%) vs Australia (25%)

9. Emerging Trends and Reforms

9.1 Digital Transformation

E-Application Pilot: Limited testing in Bangkok

Blockchain Verification: For document authentication

Automated Background Checks: Integration with INTERPOL databases

9.2 Policy Shifts

Talent-Centric Quotas: Increasing STEM professional allocations

Retirement PR Pathway: Under consideration for high-net-worth retirees

Dual Citizenship Tolerance: Parliamentary study underway

10. Practical Challenges and Solutions

10.1 Common Obstacles

Document Procurement: Especially for older visa records

Bureaucratic Delays: Particularly at verification stage

Exam Preparation: Lack of standardized study materials

10.2 Mitigation Strategies

Early Retention: Engage immigration lawyer at least 2 years pre-application

Parallel Processing: Initiate document requests simultaneously

Mock Examinations: Utilize private language schools for test prep

11. Longitudinal Case Studies

11.1 Successful Applications

Tech Executive: Approved in 3.5 years via employment track

THB 250k monthly salary

Certified Thai language proficiency

BOI-company sponsorship

Investor: Approved in 4 years via property route

THB 25M Bangkok condo portfolio

Additional THB 5M government bonds

Documented charity contributions

11.2 Rejection Analysis

Common Factors:

Inconsistent tax payments (78% of failed cases)

Language test failures (62%)

Suspicious financial patterns (45%)

12. Future Outlook

12.1 Projected Reforms

Points-Based System: Under consideration (2026 target)

Premium Processing: THB 500k+ for expedited review

Regional PR Options: Special economic zone programs

12.2 Demographic Impacts

Current PR holder demographics:

Chinese: 32%

Japanese: 18%

Western: 22%

Other Asian: 28%

13. Conclusion: Strategic Imperatives

Thailand's PR system remains: ✔ Highly exclusive (0.03% approval rate) ✔ Process-intensive (1000+ document pages typical) ✔ Discretionary in nature (despite codified rules)

Critical success factors:

Early preparation (3-5 year horizon)

Comprehensive documentation

Professional guidance

Financial commitment

The program continues evolving toward:

Greater transparency in decision-making

Enhanced digital infrastructure

Strategic alignment with economic development goals

Prospective applicants should monitor:

Annual quota announcements (December)

Ministerial regulation changes

Judicial rulings on PR-related cases

[sublimeobservationarcade]

The Economics Of Self Service

You are probably seeing a lot more self service checkouts when you go to the supermarket, airport, banks, and other stores. What are the economics of self service? First up, there are less jobs for human beings in your community because the machines are taking their employment. So, if you care about this fact it is a good idea to take note of this. The next economic question is whether you are saving money because you are now doing the work of what used to be done by a checkout operator paid by the store? There is no guarantee of this and I have seen no dedicated savings based on this in my own experience. “Whether these new technologies replace jobs, relegate existing positions to non-public facing roles or create new employment opportunities, they will result in us interacting with fewer people than we have historically.” (https://theconversation.com/a-rise-in-self-service-technologies-may-cause-a-decline-in-our-sense-of-community-201339)

The Exploitation Of Your Unpaid Labour

Personally, I prefer to use the self service checkout at ALDI, simply because I like to be doing stuff rather than standing their waiting. I am sure there are a bunch of people like me in this regard. However, the trend toward self service checkouts without a clearly defined discount is dishonest business in my view. I wonder when dumb human beings are going to wake up to this scam love affair with technology. This is an exploitation of unpaid labour, which CFOs at big corporations are enamoured of.

The Economics Of Corporate Concentration The over concentration of corporate ownership into too few hands, which is occurring around the world right now is accelerating the automation of services. AI is pushed by PR companies as the greatest thing since the commodification of sex. Human beings are leaving the scene enmasse so that bean counters can save money. Installing a machine or a programme is the popular solution to everything. Obviously, jobs are going and some sort of massive readjustment is going to have to happen.

the economics of self service Workers & Consumers Are Being Shafted The economics of self service is seen as the answer to many previously labour intensive sectors. The economics add up for the shareholders and corporate executive but not for us consumers. In the past, this would matter because consumers used to be king. Now, however, due to the rise of duopolies and oligopolies consumers no longer have buying power. These companies can set the prices because of the lack of competition in the market. Capitalism and the free market economy have been manipulated by these huge companies to the detriment of consumers. The monopolisation of sectors destroys the basis upon which we depend upon for our economies to work for us. Basically, we are being screwed by private enterprise. Putting more and more power into the hands of these businesses is only going to make things worse. Robert Sudha Hamilton is the author of Money Matters: Navigating Credit, Debt & Financial Freedom. ©WordsForWeb Read the full article

[sarkariresultdude]

China Recruitment Results 2025: Trends, Insights, and Analysis

 As the arena's second-biggest economy, China is still a primary player within the international exertions marketplace. The today's recruitment effects from 2025 display key trends and insights across industries, demographics, and regions. Companies, activity seekers, and policymakers alike can gain from know-how these shifts, as they replicate China's evolving economic landscape, expertise priorities, and marketplace demands.

Recruitment Process In China 

1. Strong Recovery in Recruitment Activity

In 2025, China’s recruitment market noticed a incredible rebound, following years of pandemic-associated disruptions and financial uncertainty. According to statistics from a couple of human resources and exertions market tracking agencies, general job openings in China increased through about 12% 12 months-on-12 months. This growth turned into frequently driven via sectors which include generation, renewable power, superior production, and modern-day offerings, which includes finance and healthcare.

The surge in recruitment pastime is basically attributed to China’s push closer to monetary modernization and innovation, aligning with the government’s "14th Five-Year Plan" and its vision for incredible development. Furthermore, easing COVID-19 restrictions inside the past two years has revitalized domestic demand, especially in urban centers like Shanghai, Shenzhen, and Beijing, wherein expertise demand stays high.

2. Sector-by using-Sector Breakdown

Technology Sector

China’s tech enterprise stays one in every of the most important recruiters in 2025, with hiring increasing with the aid of 15% in comparison to 2024. Companies running in regions such as synthetic intelligence (AI), semiconductor production, cloud computing, and 5G/6G network infrastructure are main the demand. In precise, the AI and automation sectors skilled document-breaking recruitment, as agencies throughout numerous industries put into effect virtual transformation techniques.

Manufacturing and New Energy

Advanced manufacturing—together with robotics, aerospace, and electric vehicles (EVs)—recorded an eleven% uptick in hiring. With China striving to grow to be a global leader in EV production and inexperienced technology, recruitment in battery generation, renewable energy engineering, and environmental technology has also elevated. The expansion of sun and wind electricity initiatives in inland provinces which include Inner Mongolia and Xinjiang has opened new activity opportunities out of doors main metropolitan hubs.

Financial and Business Services

Financial offerings confirmed a moderate but consistent 7% increase in hiring, in particular in fintech, funding banking, and risk management roles. The fast adoption of virtual finance systems and the growth of inexperienced finance initiatives contributed to this upward fashion. Similarly, prison and compliance departments saw a surge in call for, as stricter regulatory requirements and international exchange dynamics precipitated corporations to strengthen their internal controls.

Healthcare and Life Sciences

China’s growing old populace and the authorities's focus on enhancing healthcare infrastructure have boosted hiring within the medical and pharmaceutical sectors. Hospitals, biotech firms, and healthtech startups elevated recruitment via nine% yr-on-12 months. Special emphasis become placed on roles associated with scientific research, clinical trials, and public fitness management, reflecting China's ambitions to beautify its healthcare resilience.

Three. Regional Disparities in Recruitment

While Tier 1 towns like Beijing, Shanghai, Guangzhou, and Shenzhen hold to dominate in phrases of activity vacancies, there was a major uptick in hiring in Tier 2 and Tier 3 towns, which includes Chengdu, Hangzhou, Xi’an, and Suzhou. The government’s urbanization strategy and nearby improvement rules are riding this shift. Inland provinces and less-advanced regions are actually attracting extra investment, main to activity advent in industries along with logistics, e-trade, and smart production.

This geographic diversification is also related to the upward thrust of far off work, as agencies come to be more bendy in hiring talent from diverse locations. As a end result, skilled specialists are now not limited to standard financial hubs and are finding competitive possibilities in rising cities.

4. Recruitment Challenges: Skills Gaps and Talent Shortages

Despite the overall high quality recruitment results, several sectors pronounced continual demanding situations, specially regarding skills shortages in high-tech and specialised fields. For instance, the semiconductor enterprise keeps to stand a essential gap in skilled engineers and researchers, while the inexperienced electricity area is struggling to find sufficient skilled task managers and technical experts.

Soft abilties consisting of leadership, go-cultural communique, and trouble-fixing also continue to be in excessive demand, mainly as Chinese organizations make bigger their global operations. Talent shortage has led to accelerated competition among employers, riding up salaries for niche roles and prompting groups to make investments extra heavily in inner schooling and improvement packages.

Five. Demographic Shifts: Youth Employment and Aging Workforce

Youth employment remains a complicated problem in China. While job opportunities for younger graduates have grown along financial recuperation, excessive competition and high expectancies hold to pose demanding situations. The countrywide young people unemployment charge stood at about 14% in early 2025, slightly decrease than in 2024 but nonetheless a subject for policymakers.

In reaction, the authorities has expanded employment subsidies, vocational education initiatives, and entrepreneurship programs focused on young human beings. Additionally, more college students are choosing internships, apprenticeships, and industry-connected educational pathways to decorate employability earlier than commencement.

Meanwhile, the getting old group of workers provides its very own set of challenges. Industries including manufacturing, logistics, and healthcare are increasingly more searching out ways to preserve older employees through re-skilling applications and flexible work preparations.

6. Trends in Hiring Practices

Recruitment practices in China are evolving, with organizations leveraging AI-pushed recruitment equipment, virtual exams, and facts analytics to streamline hiring processes. Many organizations now prioritize candidate experience, the use of era to lessen time-to-lease and improve engagement at some point of the recruitment cycle.

Campus recruitment remains a key approach for principal agencies, mainly in sectors which includes generation, finance, and engineering. However, there may be a developing desire for hiring candidates with realistic revel in, main to greater collaboration between universities and companies to offer industry-relevant guides and internships.

Diversity and inclusion are also gaining traction. Companies are increasingly dedicated to gender balance and hiring talent from numerous backgrounds, which include ethnic minorities and worldwide candidates, specially within the tech and R&D sectors.

7. Outlook for 2025 and Beyond

Looking in advance, China’s recruitment panorama is predicted to remain dynamic. The persisted improvement of emerging sectors consisting of quantum computing, biotechnology, smart towns, and the metaverse will create new employment opportunities, specially for skills with interdisciplinary ability sets.

Policy shifts, which includes similarly liberalization of the hard work market and supportive measures for small and medium corporations (SMEs), may also stimulate job advent. Additionally, the emphasis on sustainable improvement and digital innovation is in all likelihood to reshape hiring priorities, with an growing awareness on inexperienced jobs and virtual literacy.

However, geopolitical uncertainties, change tensions, and worldwide monetary fluctuations will remain key elements influencing China’s hard work marketplace within the close to destiny. Businesses and activity seekers alike will need to stay agile, adapting to changing financial situations and technological advancements.