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Redefining Governance in Edo
THISDAY Newspapers Edo State is intensely in a hurry to shape up. In the early hours of an evening recently, a taxi cab dropped off a passenger on the busy Ring Road, at the heart of Benin City, the state capital. Some three scruffy-looking young men appeared from … |
May 28, 2017 at 02:28PM
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Thewillnigeria.com reports: The Central Bank of Nigeria (CBN) has banned over a dozen commercial banks in Nigeria from the highly lucrative Wholesale FX window (spot and forwards) for deliberately frustrating efforts by small…
May 03, 2017 at 02:29PM
from IWB
Report Reveals Mobile Financial Services, Rooted in Data Science, Drive Digital Transformation by Increasing ARPU, Reducing Churn and Doubling Lifetime Value
A new report by Juvo reveals that data-science driven mobile financial services will significantly impact the global pre-paid market, increasing operator revenues by as much as USD $70 billion. The report, Data Science: Driving Mobile Operator Digital Transformation, demonstrates how establishing financial identities for prepaid subscribers improves operators’ business performance and their broader pursuit of digital transformation, delivering up to 10 percent lift in Average Revenue Per User (ARPU), a 50 percent reduction in churn and a two-fold increase in lifetime value.
Juvo’s report highlights how data science-based mobile financial services dramatically increase engagement across the entire prepaid market, regardless of demographics or geography. When machine learning and predictive credit algorithms are applied to usage data continuously and in real-time, individual subscribers can be assigned personalized financial identities. As intelligence grows, credit worthiness is established and access to a wider array of mobile financial services is unlocked. The report demonstrates that establishing credit is independent of wealth or income, increasing the value of financial identities to users regardless of circumstance.
“We’re only scratching the surface of what is possible with data science-led digital transformation,” said Steve Polsky, CEO and founder of Juvo. “Identity-based services deliver unprecedented performance gains – just the impact of credit extensions alone to the global prepaid market could improve revenues, dramatically reduce churn and capture billions of dollars in lost revenue, and more broadly over 1.5 billion people globally lack any form of legally recognised identity. When data science is used to turn anonymous subscribers into identified subscribers, operators can unlock the full potential of their brands and subscriber relationships.”
Identifying, understanding and driving individual customer behavior allows operators to transform their customer relationships and is a critical ingredient in delivering on digital transformation. According to the GSMA, more than 75% of mobile users around the world are anonymous prepaid subscribers. By adopting sophisticated data science methodologies, operators can shift to identity-based relationships and lay the foundation for broader digital transformation.
Real World Impact
Based on aggregated data across multiple markets and operators, data science-led digital transformation is proven to have the following business impact, simply by enabling credit extensions to increase the availability of mobile services:
When applied to the global prepaid market comprised of 3.7bn subscribers, with an average annual ARPU of $150 per user, data science could boost operator revenues by $70bn.
The report Data Science: Driving Mobile Operator Digital Transformation, which reveals the strategy, the methodologies, and real-world impact of data science on mobile operator businesses, is available for free download here.
May 03, 2017 at 02:29PM
from Dylan Jones
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By Nick Cunningham U.S. crude oil inventories have finally started to decline, a potentially momentous turning point in the three-year market downturn. Oil storage levels have been climbing relentlessly since the end of last…
May 03, 2017 at 02:29PM
from IWB
Cybersecurity Industry Veteran Aftab Afzal Joins ZENEDGE to Lead EMEA Sales
ZENEDGE announced today plans to increase its presence in EMEA, which currently represents 40% of the company’s total revenues. Mr. Aftab Afzal has joined ZENEDGE as SVP EMEA Sales to spearhead the expansion. This announcement follows the recent global infrastructure expansion with data center provider Equinix, including new Mega-POPs in London and Frankfurt to better service European customers.
ZENEDGE’s EMEA team consists of a Security Operation Center, and operations teams which provide local time support for European clients including stock exchanges, utilities, and leading e-commerce sites.
“We continue to invest in EMEA in terms of infrastructure and resources as we help organizations prepare for current and future cybersecurity challenges and assist in meeting upcoming regulatory cybersecurity requirements in the UK and continental Europe,” said Alp Hug, Chief Operating Officer of ZENEDGE. “We are excited to have Aftab Afzal lead the charge in the EMEA region to broaden our reach and provide best-in-class cloud cybersecurity.”
Mr. Afzal, who is based in London, brings over 20 years of experience in the Internet security field, having represented leading international vendors and helped global organizations secure digital assets while protecting against Internet threats. Mr. Afzal has held management positions at Internet Service Providers, end-point protection companies, network security and leading Cloud Security organizations where he has taken a holistic approach to security and helped to define best practices. Most recently, Mr. Afzal held leadership roles at NSFOCUS and Akamai Technologies.
“I am very pleased to join ZENEDGE, a dynamic growth company leading the way in cloud cybersecurity across multiple sectors,” said Aftab Afzal, SVP EMEA Sales. “I look forward to strengthening the ZENEDGE EMEA organization to better service our customers.”
Founded in 2014, ZENEDGE continues its growth momentum and global expansion of partners and customers. Recently, the company announced the availability of ZENEDGE Bot Manager, featuring advanced bot detection and mitigation technology based on user behavioral analysis and device fingerprinting, leveraging 50+ attributes to detect and mitigate sophisticated bots.
May 03, 2017 at 02:29PM
from Dylan Jones
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April 30, 2017 at 02:24PM
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… proof and uncirculated coins while the silver dollar buyers must choose one or the other. In the latter case, the proof then wins the showdown. There are always those who can buy the whole set, or focus on the expensive gold, but even though their …
The post Are silver dollars really the preferred choice? appeared first on ForexTV.
April 29, 2017 at 02:14PM
from Silver News Editor
agprofessional.com |
Cool Planet adds Former DuPont Crop Protection President to Board of Directors
agprofessional.com Agriculture technology company Cool Planet has added 36-year ag veteran Rik Miller to the company’s board of directors. Miller was president of DuPont Crop Protection until 2015. During his tenure as president, the business experienced record growth … |
April 20, 2017 at 02:23PM
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