Blockchain and the future of accounting

January 23, 2018

Blockchain creates a decentralized ledger of all transactions where all records are updated and accessible to everyone in real-time. Rather than keeping multiple records, companies can log all their transactions into a joint registry. With the help of smart contracts, greater automatization could be achieved. Blockchain could bring standardization in auditing and bookkeeping thus making it much easier for auditors to verify large amounts of data. Moving all transaction to the digital ledger could eliminate the dependency on paperwork in the future.

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Goldman Sachs

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Marketplace Payment Statistics

Infographic | December 12, 2019

Payment processing is one of the most crucial aspects of running an eCommerce marketplace. When you’re starting an online mall like Amazon or eBay, make sure you can offer the most convenient payment methods for your customers. It’s important to keep in mind that the payment method’s popularity greatly depends on the country you’re selling in. You can easily lose customers at checkout if they don’t trust or don’t like your payment methods.

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NFTs are the Next Big Investment Opportunity

Infographic | May 20, 2022

NFTs are bought and sold for millions of dollars. According to a survey by Deloitte, OpenSea’s trading volume surpassed $200 million in August 2021, compared to $100,000 in December 2020. OpenSea holds more than 60 million NFTs in total

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7 Banking Customer Experience Stats you Must Know

Infographic | December 1, 2019

In its latest research, Forrester reveals how Customer experience (CX) improvements drive revenue growth by creating loyal customers. The findings highlight that a single point improvement in a retail bank’s CX Index score could result in $124 million in increased revenue. These findings strengthen our conviction that fast, accurate and friendly customer service delivered as part of a unified banking experience across every interaction is a business imperative for banks.

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How To Create A Monthly Budget- Budget Planning

Infographic | January 23, 2020

Do you know where your money is going each month? Do you know where it went yesterday? It is really important to keep track of your expenses. It is useful to make a budget for your future planning. Tracking your spending helps you to identify the expenses and you can control it. If you know the reason for expanding your money, where you spend you can utilize your money in a good way.

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These 5 factors are fueling a massive transformation in banking

Infographic | January 14, 2020

This is a preview of recent Banking research from Business Insider Intelligence. Business Insider Intelligence offers even more banking and finance coverage with Banking Pro. Subscribe today to receive industry-changing banking news and analysis to your inbox.

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GAINING A SPECIALTY BANKING EDGE IN SMALL BUSINESS BANKING

Infographic | December 24, 2019

Small Business owners across the United States are asking for relationship-based services that local banks and credit unions already provide. By layering on digital innovation and tools, community based financial institutions are ready to compete in an often-overlooked segment.

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Goldman Sachs

At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow.

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