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  Generation Z is made up of people who were born after 1995. They are the first generation of their own kind. They have grown up with laptops, smartphones, and the internet. As the oldest members of Gen Z are reaching the age of college, paying attention to them becomes a significant responsibility of their parents. Now the main concern regarding this generation Z people is how they think about money and their financial literacy. Thus, banks around them are trying to make connections with this generation of people. Recessions, the housing bubble burst, and seeing millennials struggling with college and various other kinds of financial debt have influenced these people. As a result, financial literacy is very important for people in this generation. According to the latest study by Raddon, it has been significantly found that around 2/3 rd of a group of 2500 teens have already opened up a savings bank account. More than 3x generation Z people have already taken up financial litera...

  It was on August 27th, 2017 that the UAE government first introduced its Value Added Tax Decree Law. It is believed that on January 1, 2018, indirect taxes were introduced in the UAE. The standard value-added tax rate will be 5 percent, with a nil rate for certain essential items. Analysts across the globe predicted that the purchasing power of commoners had gone down due to the introduction of indirect tax regulation. The value-added service rate of five percent imposed on goods and services is considered one of the lowest tax rates across the globe. The introduction of Vat across the UAE shook all the businessmen right at the beginning of the New Year 2018. They were frightened due to the fact that the government will impose strict law and order in terms of VAT compliance and financial transparency across the commercial sector. It has become mandatory for businessmen to learn about the application of VAT to their respective business activities and transactions. The ...

Are you an IT professional who has been in the industry for a longlong period of time? If so! Then you are the best person in the business who knows the responsibility of managing end points like workstations and laptops. In the field of information technology,technology, it has become a prevalent thing that more often than not end users  lose their computers. This kind of thing happens when the end users of a particular company lose their official laptops while they are staying in a hotel or traveling by train to attend a business conference. The most  common thing that you might have noticed is when they are working from home and complaining to you about the sudden malfunction or breakdown of their laptops while working. Sometime, being scared, the end users try to hide the real problem and start producing false excuses, like it might be a faulty laptop that has been handed over to them by the company. There are some who address the real problem that they are fac...

With the advent of technology, a lot has been said about artificial intelligence. People can see wide applications of artificial intelligence in different industries like finance, education, transportation, security, and, to an extent, even the healthcare sector. The use of artificial intelligence in the healthcare sector has become more prevalent. It is used in diagnostics, research, and also in the sphere of new drug development. It is used in the image recognition of retinal scans just to detect the early signs of retinopathy and disease progression in diabetic and hypertensive patients. Sometimes AI as an aid is also used to recognize abnormalities in ECG tests, ultrasounds, CT scans, and MRI scans. In the field of pharmaceutical industries, AI is used to design new medicines for cancer treatment and the invention of other amazing drugs to cure various kinds of difficult heart diseases. When it comes to the healthcare sector, the application of AI is restricted to the p...

It is always believed that a business becomes successful when it doesn’t have too many unhappy customers. Customer attrition level is proportional to whether your business attains great heights or success.  To follow a customer retention policy, all you need to do is reduce the customer churn rate.  All you need to do is address customer churn.  What is a Customer Churn? It has a impact on your business as it lowers your percentage of profit and revenues. Before diving deep into our discussion, all we need to do is understand some basic concepts like customer churn. Customer churn is often calculated by the number of customers who tend to leave your company during a given time.  The churn rate indicates how your business is performing in keeping customers by your side.  Now one question that often comes to mind is: Why does the churn rate matter so much from the business point of view? The answer to your question is, as it costs too much for customers to s...