The Point of Sale (POS) system is a crucial tool in the financial arsenal of any enterprise. Unlike traditional cash registers, a modern POS system does much more than simply facilitate consumer transactions. It serves as a repository for critical sales data captured at the moment of purchase. This data, which can range from inventory…
Payment transaction screening is an important issue in maintaining the integrity of financial systems and preventing illicit activities i.e. money-laundering, fraud, and terrorist financing. Effective transaction monitoring systems help economic establishments perceive and document suspicious transactions, follow regulatory necessities, and protect themselves and their customers from monetary crime. This post will discover techniques and top…
The digital marketplace is a bustling bazaar, with countless e-commerce storefronts vying for attention. Online ventures can grow quickly, but sustainable growth is a challenge. Reaching beyond your loyal niche and capturing a larger slice of the digital pie requires meticulous planning and strategic scaling. Even that isn’t an easy job. Throwing money at generic…
Many businesses struggle with inefficiency and lack of productivity across their business processes. You as a business owner might also be struggling to keep up with the ever-increasing demands for efficiency and streamlined operations. This can lead to wasted time, increased costs, and difficulty in meeting evolving business demands. But what if I say there…
This is an age of entrepreneurship like no other since e-commerce has reached unbelievable heights with independent websites, social media selling, and selling through platforms like Amazon. The scope for sole traders or partnerships along with bigger companies has never been greater. Now business owners with companies of varying sizes realize the irrefutable fact that…
The world of software development is on the cusp of a profound transformation, one driven by the inexorable rise of Artificial Intelligence (AI). The utilization of AI in software development has surged in recent years, and the trajectory is poised to redefine the industry in ways previously thought unimaginable. According to a report published by…
Technology is making vast progress in this modern age and changing how we interact with our surroundings. One such technological advancement gaining popularity in recent years is the concept of Decentralized Applications or dApps. These modern applications use blockchain technology to give decentralized, secure, and transparent ways to interact with different industries. These may include…
Blockchain technology is more powerful enough and can create secure, transparent, and decentralized systems. Also, it has maximum potential and capabilities to change how we transact, invest, and manage our finances. The financial industry is finally beginning to understand the significance of this technology, even though there are also certain regulatory challenges to be addressed,…
Artificial Intelligence (AI) has been making waves across various industries, and the banking and financial services sector is no exception. AI technology involves building intelligent machines that can perform tasks that usually require human intelligence, such as perception, reasoning, learning, and problem-solving. It uses algorithms to analyze data and learn from patterns to make predictions…
The technology world is always evolving and with it comes new trends. One of the most interesting trends that has been gaining traction in 2021 is decentralized applications, or dApps. By utilizing blockchain technology, dApps offer users a secure and transparent platform to interact with digital assets, smart contracts, and other features. As the technology…
The metaverse is a virtual world of interconnected digital spaces that anyone with an internet connection can access. It can revolutionize how we work, play, and interact with each other online. From creating unique avatars and exploring 3D environments to establishing a presence in the metaverse and understanding virtual currency, it offers a range of…
A cyber security audit is a detailed examination of an organization’s IT infrastructure. Security Audits ensure that the right policies and processes are in place and functioning correctly. The objective is to find any weaknesses that could lead to a data attack. It includes flaws that allow criminal actors to access sensitive data without authorization…
FortySeven Software Professionals is a leading European based software development, IT staffing, IT outsourcing and IT consulting company (certified with ISO 27001, ISO 9001). We help companies from F500 and startups to fulfill missing expertise for short-term and long-term projects.
