This year was good for SaaS startups in the country. Indian markets adopted newer technologies into its systems. More opportunities for SaaS players are expected from the BFSI sector. SaaS companies use business model that provides software solution over the internet and they charge the customers according to the usage of software since most of the financial solutions have gone online. The software uses around 2000 data points to evaluate the credit score and corresponding interest rate. Many big data analytics startups provide solutions to industries. Read more at: http://economictimes.indiatimes.com/small-biz/policy-trends/digitisation-push-makes-bfsi-sector-attractive-to-saas-players/articleshow/56325400.cms?from=mdr

BFSI is expected to pay out large this time, unlike the last time.  After the IT sector BFSI is on the top for its salary increment. Reactions are different for different sectors. There has been low supply and high demand for the blue-collar jobs, sophisticated profile jobs have also emerged. Variance between temporary and permanent salaries have narrowed sharply. E-commerce and educational services are both additions to the list, these focus on talent acquisition and pay high salaries to acquire it. Project managers and analysts are the roles that get the highest salaries. Certain new job profiles are taking away the focus from IT roles. Read more at : http://economictimes.indiatimes.com/jobs/bfsi-sector-edges-out-information-technology-to-become-top-paymaster/articleshow/58172956.cms?from=mdr

State Bank of India (SBI), the largest public bank of India, has raised its Monthly Average Balance (MAB) from 500 to 5000,3000,2000,1000 in metros, urban, semi-urban and rural areas respectively. ATM transactions will be charged at 25 per transaction for savings accounts. Moreover, there are charges for transactions through bank correspondents and IMPS transfers. Locker rents too have risen and check books will be levied at 3 per leaflet after 50 checks in a financial year. An enrollment fee will be charged for new savings account and SMS charges of 15 per quarter will be applicable as before. As a whole,SBI customers have to bear a little extra burden in this year effective from June 1,2017. Read more at: https://blog.bankbazaar.com/must-know-sbi-new-rules-effective-from-1st-april-2017/

Manchester United has overtaken Real Madrid to become Europe's most valuable club in terms of enterprising value. Real Madrid and FC Barcelona are in the second and third places respectively. Manchester United's value crossing the record 3 billion euro mark even after finishing 6th in the recently concluded English Premier League delineates the ever growing popularity and fan base of the English giants. The phenomenal achievement of the English clubs is mainly because of the extraordinary broadcasts.Chelsea,Liverpool,Manchester City,Tottenham Hotspur and Arsenal feature in the top 10 from England along with Bayern Munich from Germany and Juventus from Italy.Read more at: http://www.independent.co.uk/sport/football/european/manchester-united-real-madrid-barcelona-arsenal-liverpool-most-valuable-club-europe-a7764636.html

Customer feedback from various online sites is important in decision-making for financial institutions especially banks. According to a survey, 87% American customers find reviewer star ratings very important. It is essential to track customer reviews for the success of a financial institution. Categorization of reviews according to various aspects of banking service delivery, such as mobile banking would create a direct impact on improving customer experience. According to a study by Harvard Business School, one star increase in rating would trigger a 9% revenue increment. Responding to reviews, appropriate action must be taken by someone in authority to increase the star rating. Read more at: https://thefinancialbrand.com/64557/social-media-reviews-customer-experience/

Each and every sector of the economy is about personalized experiences. Business analytics and business intelligence is now a necessity. Data driven marketing strategies directly translate into conversions and revenues.  It is high time for the financial services industry to adopt the same.  The financial institutions are lagging in terms of consumer expectations and level of customization. Exclusive focus should be on their consumers and their specific needs.  In fact, successful implementation can add up to 14% to the annual revenue. Read more at: https://thefinancialbrand.com/65396/banking-data-analytics-marketing-personalization/

Blending GST with a clearly articulated manufacturing strategy would attract global investments, create jobs and there cannot be a better time to start the Make in India program. The GST rate has been reduced by 10% for most of the industrial products. Lower taxes, simplified tax structure, seamless tax credit facility and technology driven easy tax compliance system offered by GST will promote the manufacturing sector. Concentration should be on the following manufacturing Categories: semiconductor making equipment (SME) which is at the heart of most import products/ sectors today; manufacturing of specialty materials, nanotechnology, integrated circuits, etc.; manufacturing of computer, TV, mobile phone and other electronic and telecom equipment and producing skill- and labor-intensive products like auto components, furniture, apparel etc. Read more at: http://blogs.timesofindia.indiatimes.com/toi-edit-page/how-to-combine-gst-with-a-sharp-make-in-india-strategy-to-convert-india-into-a-global-manufacturing-hub/

Automation in business can help to predict key challenges such as customer churn, sales forecast variances, real-time marketing ROI or P&L anomalies, and it can also recommend new revenue streams, product innovation, better marketing approaches and many other things besides. Another vital advantage of automation is that it also makes it more available for analysis. In this article, the author explores six ways to improve your big data automation. Read more about it at: http://it.toolbox.com/blogs/itmanagement/six-keys-for-automating-big-data-76670

Aadhaar Enabled Payment System is gaining massive popularity in India. Numerous Aadhaar payment apps have come up. This is a huge step towards Financial Inclusion. According to the author Aadhaar merchant payment apps are faster in operation. Read more at http://www.senrysa.com/blog/?p=159

The first major U.S. bank to offer card free ATM is Wells Fargo. In this the customers can simply use their mobile phones to access the bank's ATM's. The process is very simple. They need to download the app, login to their accounts and request for a unique verification code which they must type in and thereafter they should put their PIN number. This is a very secure process as the PIN expires in 30 minutes. The customer also requires to login to their account either using a thumb scanner or online banking password. Read more at: http://www.dailyherald.com/article/20170402/business/170409979/

Bitcoin is not something the average person will ever use to buy and sell stuff, but is useful mainly as digital gold-as an investment, also a useful way of moving money across international borders, and that will likely be its main application over the next several years. It is most valuable as something that enables financial phenomena that have never existed before, what is known as "programmatic finance." Read more at: http://www.economist.com/news/finance-and-economics/21722235-bitcoin-far-only-game-town-surge-value-crypto-currencies

Artificial Intelligence is a reality today and is impacting our lives in every sphere be it the voice assistant SIRI in our smartphones or the Netflix recommendations we receive. AI is a blend of three advanced technologies- machine learning, natural language processing and cognitive computing. Banking is one industry that has been impacted by AI more than any other. The key application of AI that revolutionizes the banking industry over the last 5 years includes:
1. Anti- Money Laundering (AML) pattern Detection:
2. Chatbots for better customer interaction 24x7.
3. Algorithmic Trading
4. Fraud Detection using Machine Learning algorithms
5. Customer recommendation using recommendation engines
For smaller banks, AI can make a greater impact in differentiating them against intense completion from larger banks where they can benefit from operational efficiency.

 Read more at https://www.analyticsvidhya.com/blog/2017/04/5-ai-applications-in-banking-to-look-out-for-in-next-5-years/

Low-tech micro finance institutions(MFI's) can capture the base-of-pyramid(BoP) population effectively. Taking the client's need into consideration from a sympathetic mindset, traditional MFI's have proved that high-tech credit providers are their complements and not substitutes. High-tech services can serve a very low percentage of the targeted population because of its prerequisites of smart technological availability which is still a rarity. Small transactions can be met by the high-tech system, but for larger needs, clients prefer face-to-face interaction. Fintech in micro finance is not experimented and it must consider the basic criterion that has enabled the success of MFI's-provide credit responsibly and productively rather than a simple profit-generating motive. Read more at: https://cfi-blog.org/2017/05/11/fintech-in-microfinance-in-search-of-the-high-tech-high-touch-unicorn/#more-23611

An ESOP (employment share ownership program) is an entity created by an employer to hold securities for the benefit if its employees. Here the employer sets up ESOP entity so that each company employee receives a membership share from the entity. The income earned from ESOPs has tax advantages as it falls under capital income. The ESOP scheme provides flexibility as it incorporates securities of parent company along with its employer securities. Although ESOP is a lucrative scheme for payments it has some pitfalls. Remuneration policy and contracts need to be framed.To ensure unwarranted discrimination or to avoid any restriction on the owners' decision-making rights. An ESOP is not an alternative channel for regular salary payments rather, it's a vehicle for payments of bonuses and other awards. Read more at https://www.hg.org/article.asp?id=43423 

In these times of uncertainty, banks need to focus on five specific areas to grow and innovate. Banks must decide on an appropriate business model which can tailor to their needs. According to a study, banks also need to focus on improving five specific areas inside their organizations. They are: Control, Protection, Optimize, Growth, and Reshape.. Read more at: https://thefinancialbrand.com/65210/banking-customer-technology-growth-investment-trends/

Everybody in this world has a feeling of getting liked by their workplace peers. For that reason, you start to create respect and try to collaborate with your peers. From your perspective, you do everything right, but somehow you fail to create that bonding or relation and can't get along with them. Here are some reasons for which your team members may not be liking you:

• Peers start insecurity when you name-drop as nobody likes when you talk about your past or famous personality you worked with.

• Peers feel annoyed when you back brag. Never mention “you are the reason behind the team’s success”.

• Peers don’t like when you don’t a chance to share their ideas.

• Don’t try to talk anything bad about peers while gossiping because that may eventually get back to him and you may lose your reputation.

Read more at: http://www.business2community.com/human-resources/unlikeable-one-office-01813715#xDCYK4d4RSRkzyJl.97

According to some people, your resume and your LinkedIn profile are not one and the same. You need to have both. They both have their respective usability and advantages. Benefits of having a LinkedIn profile:

• It makes you more noticed and searchable in social media if you have a LinkedIn profile.

• You have an advantage to add extras to LinkedIn profile which is not possible in a resume which is a benefit for you to shine.

• You can have more leveraging connections with leaders, colleagues, co-workers and have an opportunity to show your skills.

Conclusion: You need to have both LinkedIn profile and resume. They must complement each other which will attract hiring interests.

Read more at: http://www.business2community.com/human-resources/really-need-linkedin-profile-addition-resume-01818570#JJePIV0vziyMlpLF.97

There are many ways to succeed in finding your goal or a great job, provided one is willing to do the hard work. Here are some steps to be followed by career changers to succeed in reaching their goal.

1. Self-Appraisal: This is a type of activity that will rotate the abilities and an individual ascribes that they need to utilize and pitch to a future employer.

2. Improvement of marketing collateral: You should have an exceptional resume and LinkedIn profile which will attract the HR and will fetch you a good job.

3. Try to find out various job networking groups which will provide you better employment opportunities.

4. Interview preparation is the vital step towards getting your dream job and finding an appropriate answer to the situation, the action you will take for the benefit of employer and end result that will add value to the company.Read more at: http://www.business2community.com/human-resources/5-essential-steps-great-job-01814295#j5rSZSdhfbEEbl25.97

When you're initially beginning as an entrepreneur, you need to do all that you can strengthen your odds of survival. These tips are extremely valuable in helping you accomplish your objectives.

1. Know how to trim your non-essential spending and save for building your business.

2. Identify your variable expenses by looking at your past spending.

3. Identify every single income-generating source such as renting your house when you move for a long period.

4. Try to stay physically as well mentally healthy by doing regular exercise, eating sufficient food and getting sleep’

5. Keep separate tract of your financial expenses and personal expenses.

6. When you grow, you should make a revenue model for upcoming 6 months, 1 year or2 years.

7. You should always think about ramping of your salary in the initial months of your start. These tips are going to keep you financially solvent, fit and fine. Read more at: 

http://www.business2community.com/finance/7-essential-tips-entrepreneurs-stay-financially-solvent-theyre-starting-01743293#leWTCJP9ZOdFzJxg.97