If one is struggling through his/her financial condition, saving money is probably the first thing that comes into the mind of an individual. As we all know, every drop counts and might help in driving us out of the crisis. People often try to cut down on their treats and expenditure, trim budgets and avoid entertainment expenses. This might be a good step in the beginning but such things should not end up there itself.
Natural Language Processing (NLP) is fast becoming essential to many new business functions, from chatbots and digital assistants like Alexa, Siri, and Google Home, to compliance monitoring, BI, and analytics. NLP tools and techniques help businesses process, analyze, and understand all of this data in order to operate effectively and proactively. Now, even Google Analytics offers support for NLP, which is revolutionary in its own way. The input to natural language processing is a simple stream of Unicode characters, and basic processing is required to convert this character stream into words, phrases, and syntactic markers which can then be used to better understand the content.
How does it like to imagine home loans giving tax benefits, in addition to helping people for decades to buy their dream house? Feels like a dream. But yes, it’s true. Investing in real estate has been one of the top goals of an average Indian individual. But, the real estate prices are constantly surging to newer heights every now and then. Corresponding to that, EMIs too have a bad reputation in the market.
Credit cards have come a long way from what they were and evolved into something completely different. It had all started with a concrete jungle bank in the mid twentieth century. The inventor of the first bank-issued credit card was John Briggs, a banker from the Flatbush National Bank of New York. Introduced in 1946, the card was called “Charge-It.” The catch was that a user had to have an account at Brigg’s bank and purchases could be made only locally.
What kind of profiles you must be targeting? What kind of data you must have? Which information will going to be the success driver of your business? All these things play a key role in blooming the sales of an entity. It might sound very easy for majors like Google and Facebook to capture all kinds of information as these tech giants are in the business of gathering information. But for a firm needing specialized data, relating to its core business, the process may prove to be expensive and cumbersome.
Although Artificial Intelligence (AI) was originally introduced in the 1950s, it has achieved new prominence recently as computational power has increased and the amount of and access to data has exploded. Everything from business operations, customer service, and marketing to risk management and compliance are starting to benefit from the applications of AI. As pressure mounts due to factors like rising regulatory requirements, competition from new market entrants, heightened expectations from consumers, increasingly sophisticated digital threats, the financial services industry is expanding its use of AI technologies.
mTrakr is offering API services to provide systematic financial information curated through the details, as provided by the customer. This is done by analyzing the text messages that you provide and in return, we generate refined data like amount, balance, transaction mode like NEFT, IMPS, RTGS, merchant/beneficiary, account number and so on. To harness the full potential of our algorithms we have more offerings in the pipeline: Merchant Categorisation API and an Analytics Web Dashboard.
“FinTech is a young but rapidly growing sector in the Indian economy, led by an innovation-driven ecosystem”, marked by the words said by Mr. Adrian Johnson, Managing Director at StartupBootCamp accelerator, mTtrakr became one of the 11 startups that graduated from the Mumbai based FinTech cohort 2017. With this, mTrakr has joined the group of 400 other startups that have graduated from the programme globally, it will help the Delhi based company to participate in world renowned Investors and Industry summits.
Proud to be part of Startupbootcamp India program – World’s leading Fintech Accelerator. Been an amazing journey so far. Thank you for believing in and sharing our story.
mTrakr helps manage your bank accounts, expenses, credit/debit cards, budgets, bills, reminders and documents all in ONE place. It works as a spending tracker app and shows you how much money you have and where, tells you where your money goes. To know more check out mTrakr user guide below :-