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Month: June 2018

Everything you’ve always wanted to know about financial tech

Financial technology is a complicated field. There are new developments and advances almost every day, so keeping up with the latest trends is difficult. Here, we will take a look at the history of the fintech field, as well as some of the products and services offered.

Financial technology involves many different services, including online banking, mobile banking apps as well as companies which rely solely on technology to deliver their services such as online lenders. Most of us will make use of fintech at some point, whether we are actively aware of it or not. It has the capacity to greatly improve our lives, although there are also some risks involved.

The growth of the fintech industry leads to worries that traditional banks many eventually become obsolete. There’s also a good chance that the Cloud will be used more and more when it comes to banking. This means there’s a need for data security to become very strong, as many customers will worry about their data being stored in the Cloud.

Artificial Intelligence is also making its way into the financial sector more and more. AI technology is expected to advance to the point where it can be used to manage sales and investments. This would save a lot of human work hours, although there is the risk that many will lose their jobs if AI becomes capable of performing them better.

Online lenders are great for those with poor credit, who struggle to access traditional borrowing. Bank loans can be slow, and the application process is long and complicated. With online lenders, many allow customers with poor or no credit score to borrow money. The process is also very quick – the application process can be done in half an hour, and you could have your money the next day. The loan terms are also quite flexible. You can borrow exactly what you need and decide how long you will need to pay it back – so you can borrow it for a week or many years. http://bankorno.fi/pikalaina/uusi-avattu/ is a great website for more information on online borrowing and to compare different lenders.

Insurance is another area which has seen huge growth using financial technology. There are many websites which can be used to compare the best deals on car, home, pet or life insurance. All you need to do is put in some basic details and you will be presented with several quotes from different insurers. This means you no longer have to present your details to each individual insurer, and they don’t have to manually work out how risky you are as a customer, as it can all be done using a computer.

Risk management can be more accurate and up-to-date using fintech and AIs. These can monitor situations constantly to ensure the risk level is accurate and current at all times. This real-time risk assessment is very important in an industry which is constantly changing, advancing and developing. Eventually, it’s possible that the world of finance and banking will be less risky due to technological advances which will allow risk to be managed constantly.

Fintech is very different from the traditional financial services industry in the way it is monitored. It is not subject to the same regulations as banks are. This means there is an element of risk when using an online-based finance company, as they don’t offer the same risk protection and guarantees as physical banks do. However, the World Economic Forum is becoming more and more involved in the area and has set out some guidelines to help protect customers.

 

3D interior stage event led TV light night staging to render illustration

The 3D technology has been widely used in the animations and also the movie industry. It has managed to garner a lot of attention due to the infinite possibilities in it. It can make anything look real and attractive. The use of 3D has seen many possibilities even in the field of architecture and design. Technology has developed some very useful tools that facilitate the use of 3D in the field of architectural design. There is software available that render 3D design based on the specifications of the user.

3D interior Designs

The other day I happened to see a wall hanging with two letters engraved on it. It happened so that it was not a wall-hanging rather it was a 3D wall painting. I was mesmerized by it. It looked just like a wall hanging. It was only when my friend told me I realized that it was a painting. That is when I actually realized the magic of 3D designs.

Stage Decorations

The event management companies are in a race to put up some of the best stages. People are also ready to spend to make the special events memorable. The use of 3D designs and led lights are becoming the latest trend in the interior decorations. The magic of lights combined with the 3D possibilities makes these stages one of a kind. The creativity can reach new heights if this is coupled with the use of laser light that change according to the music.

These interior stage designing is opening up new opportunities for the tech-savvy. This can be used as an effective medium of advertising as well. The 3D formats of print media are also quite popular. The cost-effectiveness of this form of advertising is what makes it popular. This has paved way for affordable real estate brochure printing.…

How Drug Testing Tech Works

A drug test is normally carried out by analyzing your urine for the occurrence of any illegal drugs/prescription medicines. Most drug tests screens for chemicals such as amphetamines, benzodiazepines, barbiturates, methamphetamines, cocaine, marijuana, methadone, and opioids to name a few. However, nowadays people can easily avail synthetic urine to misinterpret test results, although it is manufactured for laboratory purposes. Moreover, the steps on how to use your synthetic urine kit are also quite simple to follow.

Purposes of a Drug Test

  1. To identify if you have a drug/alcohol problem as a first measure in your health test
  2. As a screening process before the hiring of any new employee at reputed organizations
  3. To check the usage of drugs periodically in rehabilitation centers
  4. To screen athletes of foul play

Types of Drug Tests

  1. UDS or Urine Drug Screens – This is a cost-effective and quick process that gives results instantaneously. However, it does not screen out all drugs. Hence, it is not suitable for all purposes.
  2. Gas Chromatography (GC) or Mass Spectrometry (MS) tests – This is usually carried out as a follow-up test to the UDS. It is more expensive and takes more time to generate results. However, the test results are very accurate.

Formal Drug Test Procedures

You will need to collect your urine sample in a specially enclosed bathroom where the test is likely to be conducted. You will not be allowed to take in any personal belongings inside.

  1. For this first take the specimen cup for collecting the urine sample.
  2. Make sure that your genital areas are clean before taking the test.
  3. Urinate into the specimen cup up to the specified mark.
  4. Close the cup and place it on the collecting table.
  5. A lab technician generally measures the temperature of the urine sample to ensure if it is within the expected range.
  6. The sample is then sealed, packed, and sent for drug testing.

Interpreting Results

Test results are measured in nanograms per milliliter – ng/mL. Usually, there is a cutoff point for the test result, which means that a result that falls below the cutoff value indicates a negative result while a value higher than the cutoff point indicates a positive result.…