Cuckoo Smurfing for money laundering

Commonwealth Bank of Australia(CBA), the largest bank in Australia in August,2017 was charged with a massive fine by banking regulatory body, AUSTRAC. CBA was charged that it failed to monitor the illegal deposit of money through its intelligent deposit machines and indirectly it had allowed money laundering. Without getting into

Inspiration from Fibonacci series in real life

1,1,2,3,5,8,13,21,34… This is the famous Fibonacci number sequence, where the third number is sum of previous two numbers. The series itself was inspired when Leonardo Fibonacci observed the way the  way rabbits bred themselves. Soon the pattern found its way in understanding bee colonies, the seeds in sunflowers, structure of

Innovations in skill development

It is not just the private organizations who are taking skill development seriously. Several leading countries who are abreast with the disruptive business models and  proliferation of technology across the business are taking skill development seriously to improve the overall productivity with an aim to remain competitive in the global

Danish way to Healthcare innovation

Denmark consistently ranks in the Top 10 list of  countries with most happy people and their Healthcare system is one integral part in making that happen. Denmark has been a leader in Healthcare innovation and the results they have achieved is a proof to their success. Key Results Among the

Sharing economy for social cause

Technology is now enabling the companies to allow their customers to be part of their social welfare efforts.Two such examples which has making waves are #Datadonate and the Rapid Rewards -points sharing program by Southwest airlines. #Datadonate is an initiative from Swedish mobile operator Three in which leftover mobile data

Cockroach inspired ‘Robot’ for disaster relief

US Researchers from University of of California, Berkeley were inspired by cockroach’s ability to withstand heavy forces and ability to flatten themselves to fit tight spaces. They attributed this to its exoskeleton feature which can be compressed when subjected to heavy force without breaking. The researchers were able to replicate

Design thinking in US Army

Design thinking is the new buzz word going around industries.Simply described it is a problem solving or innovation approach to design solutions or products integrating the principles of human centered design to conventional methods. US Army has taken up the concepts of design thinking and integrate into your core operations