Credit Management
How artificial intelligence and automation is solving Credit Management headaches - B2B Identity Fraud being one of them By Miriana Lowrie*
The pace of technology development has a profound impact on most industries and our everyday lives. The world of trade credit management is no exception. From fraud assessment checks to business process automation, building scale through the cloud, to leading the charge on data-led decision making, the power of digital technologies should not be underestimated as your best-practice enabler.
Let’s helicopter up to the macro view first ...
Miriana Lowrie
You may be aware of discussion points around Web 3.0. Personally, I find the simplest way of describing what Web 3.0 is (otherwise referred to as Web3), is through the evolution of the world wide web (www): z Web 1: Read only (~1980’s-2004)
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z Web 2: Read and Write (~20042020), think: content creation, social networking, blogs, etc. z Web 3: Read/Write/Ownership (~2020-now) Ownership. With Ownership we are talking about a fairer internet where everyone owns and can control who profits from their information. Here we will see blockchain becoming more prolific because it is the key enabler for individuals to own and be compensated for their data, through “Non-Fungible Tokens” (NFTs). We will hear a lot more about NFTs, which are cryptographic assets on blockchain with unique identification codes and metadata that distinguish them from one another. NFTs are used to represent not only real-world items like event tickets, artwork, or real-estate but also to represent people’s
