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Showing posts from March, 2024

Sora OpenAI 2024: The Emergence of a New Horizon

 OpenAI shook the world once again on 15 th Feb 2024 by announcing the commencement of its text-to-video model. Although the platform isn’t publicly available, the company released some videos and the prompts used to create them. It’s not that it is the first AI video generator, but it is definitely the most detailed and precise one. Sora OpenAI 2024 definitely symbolizes the emergence of a new horizon, presenting immense opportunities and business implications. But wait, what is it? How it works? And most importantly, what are its benefits? Let’s get to that. What is a Text-to-Video Model? A Text-to-Video model , in simple terms, leverages AI capabilities and machine learning algorithms to generate videos from text prompts. It uses natural language processing to grasp the essence of the plot and renders images on the basis of prompts. The program then adds movement to the image screens and compiles everything into a single video. It is a novel, complex, and emerging techno...

Cascade 2024: Modernizing Fintech as a Multitenant Program Management

 Today, banking and financial services are incomplete without digital payment platforms and online transfers. The introduction of financial technology, or Fintech apps , enabled branchless banking, convenience, and online shopping. Moreover, prepaid and debit cards have become an inevitable need of consumers as well as businesses. Card issuing processor and program manager is a modern niche that allows Fintech companies to rapidly launch new products and services. Cascade 2024 platform is one such prepaid or debit card issuing processor and program manager. It is a multitenant solution, which means other companies can use it to launch and deliver their offerings. Firms offer direct deposits, manage accounts, and issue debit cards, while consumers can deposit, transfer, save, or invest their funds. We highlight this solution’s goals, hindrances, and features plus the top custom Fintech software development company that developed it. The Idea and Prevalent Challenges The Fi...