What is Bitcoin Halving?Bitcoin Halving is the amount of coins miners get to add new transactions to the blockchain cut in half.How Bitcoin Halving Works?Halving bitcoin functions like this, the incentive for mining new blocks is halved, meaning miners earn 50 percent fewer bitcoins to validate transactions.

It is done by restricting the supply of new coins because if the demand stays high, prices will increase.Although this has happened in the months before and after previous halves causing the price of bitcoin to rapidly appreciate the circumstances around each halving are different and demand for bitcoin will fluctuate widely as it always has a fair number of times.When is Bitcoin Halve done?There is no specific date when a block will cut in half the reward for mining; it has been said to depend on the mining of the 210,000th block since the last half.

That said, the first half occurred in 2012, the second half was in 2016 and the last half occurred in May 2020.Get to know more about Bitcoin Halving by TechFunnel

Cloud computing architecture can be defined as the various components that have been designed to maximize the functions of cloud resources in terms of applications, software capabilities, databases, etc.

with a view to providing long-term business solutions.Reason Why to use Cloud Computing Architecture?Cost-EffectivenessAccess to The Latest TechnologyFast ConnectivityData Backup and RestorationSystematic Integration of SoftwareReliabilityRemotenessUnlimited StorageScalability and FlexibilityIoT ReadinessRead to know more in deep about Cloud Computing Architecture by TechFunnel.

The growing businesses need to find the best time tracking apps that are easy to use, intuitive, and productive.The time tracking app is an essential time management tool which helps to increase employee work activity, communicate progress better, it also provides transparency and improves the process of documenting employee payrolls.

Here are some best employee time tracking apps that can really beneficial for your organization.Time Doctor, it gives companies the capacity to pay workers digitally through platforms such as PayPalDeskTime has numerous key features which include tracking employees, monitoring & work management, and examining productivity.

These key features help to help to split down on behaviors that are considered “unproductive” based on time employees spending on different websites.When I Work app can be downloaded on desktop, smartphone, and tablet.

The users can adjust the work schedules with the time clock and send payroll documents to different platforms like ADP, QuickBooks, etc.There are many more employee time tracking apps available to know about them and their features read this article written by Techfunnel on Best Employee Time Tracking App.

Virtual reality is now a real option in the twenty-first century. There are more than 171 million virtual reality users across the globe. The global market of virtual reality is worth $16.8 billion.

Have you ever wondered why virtual reality is so popular and how renowned brands have made VR their primary marketing strategy?

Why Is Virtual Reality Popular?

• It improves our lives through full sensory immersion.
• It is going to commence the rise of virtual social networks.
• It augments the ability to learn complex things.
• It provides ground for difficult circumstances.
• It augments accessibility through a lower-price budget.

Marketing has always been a crucial part of any business. Whether you own a business start-up or a renowned personal brand, you’re always trying to devise effective content marketing strategies using cutting-edge technology. Those days are long gone when traditional marketing was enough to take your business to its full potential. Now, marketers are taking one step further and using the 3D virtual reality and augmented reality to create effective content marketing strategies.

Your content marketing strategies need to be captivating and convincing. The real question is, “How can you make your content marketing strategy captivating and convincing?” Through real-time experience and real-time experience can only be leveraged through 3D virtual reality.

Create Killing Content Marketing Strategies Using 3D Virtual Reality

Generally, there are four Virtual reality experiences that you can create. Several programming languages are used to create an innovative virtual reality experience. Before learning how to create a 3D virtual reality content marketing strategy, here are the four 3D virtual reality applications that we’d like you to get familiar with:

Leverage Live Videos:

By creating an action video live in virtual reality, you can allow your consumer to see the virtual reality videos from your perspective or from a unique selling point of view. This creates the illusion that your consumers are there in the videos, hence improving the marketing strategy.

Live Photos Works:

Live photo sessions now serve as a winning marketing tactic among different marketing scenarios. Marketing your products in 360-degree photos really put a lasting impression and are one of the best ways to engage more users without spending much on production.

Make 3D Virtual Reality Videos:

3D Virtual Reality Videos is animating or creating services and products that you can use further to market products in a better way. It basically allows the user to see the product or the impact of the service in a 3-dimensional plane giving a real-life demonstration. Your consumers definitely need 3D virtual reality videos to understand your products’ concept and to evaluate your services from a first-hand consumer point of view.

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An Applicant Tracking System is defined as software for tracking and managing candidates and for reducing the time spent on administrative tasks.

ATS program searches for keywords, almost like a search engine, and offers the resumes a score based on how closely related the candidate's resume is to the job description keywords.

The aim is to filter out irrelevant resumes and leave only those candidates closely in line with the job's specific requirements.How do Applicant Tracking Systems work?Job posting with One ClickResume submitted, scanned, and reformattedScoredRecruiter/Manager ReviewSelection and OnboardingReporting and AnalyticsWhy use an Applicant Tracking System?ATS is used to shorten the time-to-hire and simplify the recruiting process by eliminating repetitive processes, and this decreased time contributes to lower vacancy-related costs and increased efficiency through quicker and more frequent placements.The software prevents the need to do repetitive, time-consuming tasks that take too much time as well as adds an additional punch to traditional resume sorting filters and techniques.

For example, instead of simply posting a job description and a few qualifying questions as the most frequent.Get to know more about the Application Tracking System by TechFunnel

These days, video-marketing tools are an important marketing component.

Every business — large or small — is heavily banking on its content to help it achieve its business and financial goals.Top Video Marketing Tools and Software Available in the MarketAudio BuzzAnimotoAnimakerCanvaCamtasia & SnagIt from TechSmithCommon CraftFilmoraMagistoMoovlyNFusz — Now Known As Verb.Get to know more best video marketing tools and their features in this article written by Techfunnel.

One basic branding concept is that it's the act of creating your brand.

Any acts taken to help the logo are branding.

This could range from designing a logo to hosting an event for the community.

One example that happens during the holidays when greetings-themed advertisements from certain companies air season have nothing to do with their product.Importance of brandingIt helps your business receive recognition from potential customers.It helps you stand out.It tells people about your business.Type of BrandingProduct Branding and imagePersonal BrandingCorporate BrandingGeographical BrandingRetail BrandingCo-BrandingSource: https://tinyurl.com/ycpk54ah 

Modern marketing contains so many pieces – digital ads, print, radio, social media, SEO, email campaigns, and more. Your business might not use every one of these channels, but chances are you use a mix of several. Keeping track of each arm of your marketing strategy is key to understanding the success of your efforts and in helping you shape additional strategies.

Marketing automation helps businesses and marketing leaders manage their campaigns. From planning and publishing content to analyzing performance, automation enables businesses to make smarter decisions and more effectively launch and manage branding building activities.

In fact, 80% of marketing automation users saw an increase in the number of leads using marketing automation software, and 77% had an increase in conversions.

Ultimately, marketing automation can help you run your marketing more efficiently while saving your business time and money. Here’s how:

1. More effective: Small businesses, in particular, are often strapped for resources, and so the ability to get more done, reach more customers, and quickly fix issues is a huge benefit.

2. Less repetition: Marketing automation means that some of your marketing can run on autopilot. Instead of using man-hours to manually upload social media posts or send out emails to every customer for particular actions, you can batch on the front end and let things run and you can set up email campaigns to go out automatically when a customer makes a purchase, signs up for your newsletter, requests a quote, and more. This gives you more time to be creative and conduct customer research that helps you build the best content possible.

3. Better reporting: Marketing automation can give you a better handle on understanding all the different parts of your marketing campaigns and gives you better insight into how your customers are reacting to each of the different facets across channels.

What are the best marketing automation tools for small businesses?

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2020 is a year where many businesses are seeing periods of change and growth.

For this reason, management of its business structure is important.

Human Resource practitioners and company owners are designing HR compliance checklists to ensure the smooth operation of HR audits.The 2020 HR Compliance Audit ChecklistRecruitingDiSC ProgramInterviewingHiring ProceduresEmployee HandbookAnti-Discrimination LawsAnti-Harassment LawsPolicies/ProceduresCompensation ComplianceWorking TimeUnemployment BenefitsEmployee FileI-9 FormsWellness & Safety SectionGet to know more in deep about the HR Compliance Audit Checklist in the article by TechFunnel

Cloud-based ERP helps automate and assist the effectiveness of connecting and collaborating with teams across the enterprise.

It helps bridge the gaps between these teams, as they streamline processes for easy access.

This provides a matched experience for all the teams in a company, enabling them to access data that can help for their tasks from perspective.Through having this device to reside in the cloud, local data storage at the organization can be freed for other information that is more important and business-sensitive.

This would allow workers to access these systems remotely and at any time while using the cloud, thereby giving them an advantage in making informed decisions quickly.How Does Cloud Based ERPSoftware Works?Cloud-based ERP operates as a service that lets corporations give their workers access to online shared-resource software applications.

This is a program that allows teams to better collaborate on processes and to streamline operations for the entire company.

Typically, all businesses have their own specialized software that is unique to them but it can be important to have an ERP that is universal and accessible to all employees.Read more Source: Techfunnel

Multi-national banking operations now must expend significant resources to maintain compliance with the regulations in many jurisdictions.Mistakes that create a compliance failure can be extremely costly with record fines being imposed on many major banks for illegal practices, money laundering, and other regulatory violations.Digital Banking ComplianceDigital banking compliance has the added risk exposure of needing to maintain strict compliance in multiple countries for cross-border transactions along with the increased risk of losses due to cyber-attacks and fraud.The key compliance issues facing the banking industry, as reported by McKinsey, include:More Active Compliance Department — There is a change in the role of the compliance department from being in solely an advisory position to now taking on an active role to directly participate in risk management.Focus on Residual Risk — Instead of monitoring and documenting all risks and all controls, there is more focus on the management of residual risk by using breakpoints in the critical processes.

This helps to ensure that any material risk is noticed.

The goal is to have the breakpoints trigger a response that is risk-based with enough oversight and remediation efforts made before a problem gets out of control.Integration: The governance of risk management with regulations is achieved by a risk management framework that is fully integrated to work with a bank’s operational-risk protocols and procedures.Bank FraudBank fraud remains a major concern for banking compliance and risk management.

In the United States, bank fraud exceeds $2.2 billion per year and is increasing.KPMG Global Bank Fraud Survey (2019) reports that the types of fraud are:Credit and Debit Card Fraud — Bank card fraud accounts for 53% of the total, which is about $1.3 billion annually in America.

Push payment scams are used to gain a customer’s trust, then access personal information, and then take over their bank accounts.Cyber and Online Fraud — Identity theft continues to be a major problem with billions of users’ account information breached by hacking attacks.

Some of the biggest breaches in the past decade were Yahoo (3.5 billion accounts), Marriott Hotel (500 million records), Adult Friend Finder (412 million accounts), eBay (148 million accounts), Equifax (148 million people), Target (110 million people), and Facebook (50 million accounts).Compliance with regulatory issues related to fraud are serious concerns and whether a bank, a merchant, or a customer is responsible can become a matter of significant dispute and this matter settled differently depending on the laws of a specific location that has jurisdiction.Money LaunderingMoney laundering compliance failures caused banks to pay many billions of dollars in fines.

Organizations, individual business owners and companies are constantly looking for the best employee performance management tools. The use of performance evaluation tools aims at improving the organization as a whole by stimulating and increasing the productivity and performance of employees. Performance evaluation tools also gather individual workforces in a large single business entity with multiple missions and targets to accomplish.

Before the invention of the employee performance measurement tools, the organizations and corporations were dependent on annual performance based on paper reviews. But this method was stressful, clunky and contradicted unbiases. To resolve the glaring problem of the initial method of employee performance measurement, the organization and corporations are now adopting the use of employee performance management tools.

Benefits of Employee Performance Evaluation Tools

The switch from the annual performance paper reviews to employee performance measurement tools did not only increase the employees’ productivity but also the organization’s bottom line and efficiency of various business processes.

7 Essential Employee Performance Measurement Tools

Generally, integrating employee measurement tools with adequate evaluation metrics is certainly the best way to upgrade your workforce. In this regard, the following are 7 essential employee performance measurement tools to use in 2019:

Kissflow HR Cloud

Kissflow HR cloud employee performance tool is a module that helps the business owners to align all the employees working under the same business entity according to the goals, missions, and strategies of the business efficiently. Kissflow HR cloud provides streamlined solutions for employee performance review. Moreover, it also gives leverage to the business owners to customize it according to the unique business requirements so that it can be flexible enough for the business.

It also provides insightful reports that help the organization management to find the best potential employees in the workforce, critical business insights, critical workforce gaps and etc. The key feature of this application is that it triggers the improvement plan alert when an employee’s performance is not up to the mark.

Almost 52% of the organizations are updating their business HR systems with the KissFlow HR cloud module.

Workday

Workday is a compensational employee performance management tool that provides an ideal solution for organizations to analyze the employee’s individual performance. Not only does it allow the user to review the end-to-end performance but it also aligns goals for the workforce.

Although, it is a very powerful and efficient employee performance measurement tool the lack of user manual and the lack of material for training makes it hard for many organizations to use it freely.

BambooHR

BambooHR, a powerful employee performance tool, was originally developed for small to medium-sized businesses and organizations. Through this tool, you can have frequent checks on the performance of the employees on the improvement plan progress.

The most impressive feature of this performance evaluation tool is that it comes with the option to show real-time analytics and performance insights, making it easy for employers to bug out performance issues. However, there are some minor problems with the integration of the application within the company.

Engagedly

Engagedly is an employee performance evaluation tool that is true to its name as it provides the user with an engaging approach to analyze, create and define the performance reviews of the employees. It solves all the rising performance problems that occur in an organization along with robust and powerful features like cascading, goal management, surveys, LMS, rewards, and social collaboration.

However, the dashboard can be pretty confusing for employers who are not tech-savvy.

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A digital identity is the body of information about an individual, organization, or electronic device that exists online.

It includes all the unique identifiers and uses patterns that enable the detection of individuals or their devices.Why is Digital Identity Important?Digital identities and management are crucial for your business growth and expansion.

Historically, identity management has often concentrated on an enterprise's internal users such as staff, contractors or others inside the supply chain.

It was about ensuring that these users had the right access levels required to perform their jobs.However, in this age of digital transformation, the ability to grasp and leverage the influence of external digital identity is crucial to effectively scale businesses.

Businesses are now relying heavily on external, user-centric identity systems that provide the infrastructure for the multi-channel creation of robust customer profiles.How Digital Identities Can Help BusinessesBankingeCommerceGaming & GamblingGovernmentHealthcareInsuranceLendingMediaPaymentsTravelGet to know more about Digital Identity in the article by Techfunnel.

What is an Online Meeting?An online meeting, also known as virtual conferencing, is a communication method that allows multiple parties to meet and interact in the same space without being physically present.

Through electronic device channels such as Internet service, projectors (for large teams), reliable audio sources, laptops, tablets, webcams, etc., business employees and senior executives can communicate with each other back and forth using various virtual meeting platforms.Here is the list of Best Virtual Meetings PlatformsSkypeSlackGoogle HangoutsZoom meetingGoToMeetingMicrosoft TeamsFacetimeGoogle MeetGet to know more virtual meetings platform and its benefits.

Artificial intelligence is providing more insight and better automation for businesses of all sizes in all industries. It is proving itself as a powerful tool to reduce repetitively, eliminate money and timewasting tasks, as well as increase what businesses can learn from their customer data.

What are the applications of artificial intelligence in banking?

NCR says that AI can do more than just automate tasks for banks. “…Banks should be looking at the bigger picture – how AI can not only save costs, but also open up new opportunities to design and deliver next-generation services, and revolutionize customer experience? Rather than being perceived as a replacement for people, AI can be deployed to do simple, monotonous jobs that don’t require the human touch. Consequently, the human resources within an organization are given the time to focus on more complex, nuanced jobs that could ultimately prove much more valuable, such as engaging with customers and designing new products.”

Customers who interact with banks digitally create a lot of data for banks and financial institutions to gather, analyze, and act on. Using artificial intelligence and machine learning techniques can help businesses track and understand what the needs and wants of their customers are, ultimately using this data to create better products for customers and enhancing their overall experience with your business.

Customer intelligence, as defined by Aspire Systems is “the process of gathering and analyzing information regarding customers, and their details and activities, to build deeper and more effective customer relationships and improve decision-making. CI helps businesses create an ideal customer profile, predict their wants and dislikes and engage customers at an emotional level. It also gives a better insight into the customer persona thus enabling improved targeted marketing and better analysis of customer complaints.” Ultimately. AI works to make it faster and easier to make smarter business decisions, using the plethora of business data available. This customer intelligence data can grow your business, give you a competitive advantage, and help you remain innovative.

Artificial intelligence in banking to improve the customer experience

Is using artificial intelligence in banking a good use of your business resources? Here are some of the customer experience benefits that AI can drive in your business and use customer intelligence data to improve the banking experience for customers.

1. Better personalization for a better customer

Banks aren’t retail, but they do sell products like loans, accounts, and investment services, so they need to be turned into customer data to find out how to personalize their offers to customers. Showcasing your additional abilities and products to existing companies can help drive your revenue, and using AI to help you not just understand what the smartest recommendation is but also how to develop the most personalized content that can be delivered at the right time.

2. Improved trust and customer loyalty

The Royal Bank of Scotland has 17 million customers and like most businesses, particularly banks, used upsell tactics with existing customers in order to build revenue. Some customers found this too aggressive and weren’t turned off by their efforts and marketing communications. AI helped businesses transform their customer outreach. In this particular bank’s case, this meant reaching out based on customer behavior and creating conversations that mattered, such as reaching out with advice to customers who continuously overdraft their accounts.

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The right content marketing tools can help you shape every part of your marketing campaigns from planning a content strategy to managing workflows and deadlines to scheduling and monitoring social media to increasing search page ranking.

Here are some of the best tools that help content marketers do their best work.

1. WordPress: WordPress powers some of the internet’s most popular marketing content. In addition to being able to host and design webpages, it helps businesses publish blogs and has tons of built-in tools to help manage social media updates, increase SEO, and more.

2. Zapier: This tool helps content marketers by integrating their existing apps – like Twitter, Gmail, MailChimp, and dozens of other tools – so that they can better manage their workflows and have more accurate all-around data. If you have contacts in a Google Sheets document, you can use Zapier to easily add your subscriber list to MailChimp.

3. BuzzSumo: With BuzzSumo, you can discover high-performing content to curate and share with followers. You can also use their analysis to help you plan your own content and identify influencers who might be interested in partnering with you.

4. Hootsuite: Hootsuite helps you plan, automate, and analyze your social media channels, all in one place. It helps you customize your social channels and personalize your user conversations.

5. CoSchedule Headline Analyzer: This tool helps you create headlines that will get more clicks. It looks at the length, word and character count and previews how your headline will look in Google search results and email subject lines. Headlines are crucial to the success of your content, from search results to blog posts to emails and social media.

6. HubSpot: HubSpot is one of the best all-in-one content marketing tools. It can help you attract more visitors to your website, convert more leads, publish relevant blog content, send email campaigns and A/B test communication.

7. Mintent: Mintent is a tool that helps you manage your entire content marketing process. The content marketing platform helps users create, manage, publish, and measure results for all projects. Their SEO platform helps marketers understand what the actionable next steps are to increase engagement and conversions.

Finding the right tools depends on what your business needs. If you want to focus on creating the most relevant social content, you might want to combine Hootsuite’s scheduling power with BuzzSumo’s set of tools to generate content ideas and connect you with social media influencers.

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