Ngulminthang Lhanghal - Financial Expert

 As per the latest reports, a new data-as-a-service (DaaS) platform has been introduced by the Miami-headquartered Fintech company Calculum that is focused on assisting organizations in arranging better payment terms with business associates and on aiding their cash flow. Backed up by artificial intelligence (AI) and machine learning (MI), the platform evaluates different aspects of an organization's purchasing counterparty or supplier before the company takes any steps regarding improving its payment terms & approaches. Important elements that get utilized by this cloud-based platform include the economic strength & credit risk score of an organization, the size, a client’s leverage, as well as the nation and the area a firm operates in. The platform also enables organizations to check how they charge against their competitors on a large bunch of data points, such as payment terms, days payable outstanding, days sales outstanding, and general cash conversion cycle. The inf...

 Have you ever heard of the Chinese character that signifies both emergency and fortune? The latest increase in the consumer price index  – inflation – may not be a remarkable disaster that has been proposed by some of the headlines. A phase of inflation is likely to have positive impacts on the industry that has been adversely affected by the pandemic and, before that, exhausted by nearly a decade of constrained price flexibility. The individuals who are concerned about an increase in the real estate prices and the stock market, trends implicate of the last inflationary period (2004-2007), that highlighted the similar increase in home & stock prices. That rise ended with a striking drop in all resource classification, clearing out the funds of millions, and waiting for quite a long time. Or they quote such abnormalities as the spectacular prices of used cars – on average, a pre-owned pickup truck is now available at a doubled price than it did a year ago. The latest Natio...

 As per the latest reports, a “distinct rise” has been recently reported by French Bank BNP Paribas in its trade finance operations for Q2 this year, following the revelation made by its Swiss unit about immense losses due to the closure of its commodity finance company. In its latest quarterly outcomes, a rise is highlighted by the Paris-headquartered lender in its transactional banking operations, which deals with cash management & trade finance - including a 14% expansion in transaction numbers among its corporate customers compared to the first half of 2020. The bank has additionally surpassed investigator assumptions in its equities and prime administration unit, and though the corporate banking revenue decreased to 1.6% year-on-year, it stays up over 13% from Q2, 2019. According to the Chief executive Jean-Laurent Bonnafé, “the outcomes are quite satisfying and highlight the bounce back in movement in operation and our development scope.” The outcomes contrast huge losses...

 An effective supply chain management is essential for a smooth & uninterrupted flow of supply chain operations ranging from the production of goods to shipment and distribution to the end-user. Many businesses that rely on supply chain operations are struggling in managing their processes. The movement of every item produced from the factory to warehouse, warehouse to store, and then store to the consumer is a common part of a supply chain management process. This process requires outstanding & suitable information management to avoid any glitches in the process and miscommunication between divisions. Companies need to track this process chain from start to finish.  According to our financial expert, Mr. Ngulminthang Lhanghal , a carefully chosen supply chain management software plays a vital role in effectively managing supply chains with better efficiency especially in the digital era where the global economy is on its way to recovering by digitizing trade flows acr...

  Believe it or not, no other business sector other than the finance industry is capable of implementing artificial intelligence (AI) for improving the speed, authenticity & reliability of financial transactions. Less than 70 years from the days when the concept of AI-first came into existence, more & more banks and other financial institutions are now adopting different forms of AI to reestablish their traditional models and deploy advanced infrastructure. It has become an essential part of many advanced & fast-paced industries to get a competitive edge in the global market.  Furthermore, it has been shown by many studies that more than half of financial industries are investing in AI with an assumption of experiencing significant business advantages in the future. AI is affecting the finance sector from all aspects and if you don’t have an idea, here our financial expert, Mr. Ngulminthang Lhanghal is sharing some of the top ways AI is reshaping the future of fin...

 BPC’s smart city payment division  O-CITY  has partnered with DSK Bank in Bulgaria and its subsidiary DSK Mobile, both part of OTP Group and local operator CNS, delivering the new ticketing system overseen by the Sofia Urban Mobility Center. Passengers can now pay using contactless Visa or Mastercard bank cards issued by any bank or FinTech company across the world or respective NFC mobile wallet, in 3,900 validators installed across the capital’s public ground transportation system, including buses, trams, trolleybuses. O-CITY ensures passengers can seamlessly and securely tap-to-pay with their bank card in public transport or any other means of payment, wallet, QR code and more. Using a BPC eCommerce solution for DSK Bank, the SUMC web portal provides functionality to pre-purchase a travel subscription on close loop transport cards, completing the full scale of digital payments for public transport services. This flexibility in payments is possible with O-CITY’s open-l...