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Tag: technology

Trees often better, cheaper than technology at mitigating air pollution, study says

Trees often better, cheaper than technology at mitigating air pollution, study says

Science
Nov. 6 (UPI) -- Planting trees and shrubs around factories and power plants may be a better air pollution mitigation strategy than installing scrubbing technologies, according to a new study. When researchers analyzed the potential of natural and technological mitigation strategies for dozens of pollution sources, including factories, roadways, power plants, oil and gas drilling sites and more, they found natural interventions were superior roughly 75 percent of the time. The findings, published this week in the journal Environmental Science and Technology, showed natural remedies reduced air pollution by an average of 27 percent. "The fact is that traditionally, especially as engineers, we don't think about nature; we just focus on putting technology into everything," lead study author ...
Technology is redefining that client-financial advisor relationship

Technology is redefining that client-financial advisor relationship

Finance
Towfiqu Photography | Moment | Getty ImagesIf you can find your husband or wife online, why not your financial advisor?That's why Andres Garcia-Amaya launched Zoe Financial, an online matchmaking engine that hooks up investors with registered investment advisors.A recent Stanford University study found that 39% of people surveyed met their spouse through a dating website — by far the most common way to find a significant other these days. Garcia-Amaya is betting that consumers want to find their other significant other — namely. their financial advisor — the same way."Online research gives people a lot more options, but often too many options," said Garcia-Amaya. "One of our taglines is "we reject 95% of advisors so you don't have to."A good client portal used to be a strong value proposit
New quantum technology enables light manipulation at greater scales

New quantum technology enables light manipulation at greater scales

Science
Sept. 27 (UPI) -- To develop the next generation of quantum technologies, scientists need to find new ways to manipulate light. In a new paper, published Friday in the journal NPJ Quantum Information, an international group of scientists claim to have done precisely that. According to lead author Omar Magaña-Loaiza, an assistant professor in the department of physics and astronomy at the Louisiana State University, the breakthrough could inspire quantum technologies with applications in imaging, computation, communication and cryptography. The new method for controlling light could also aid the field of metrology, the science of measurement. "If we're able to control photon fluctuations and associated noise," Magaña-Loaiza said in a news release. "Then, we can make more precise measurem
India’s insurance industry is improving efficiency through the use of new-age technology

India’s insurance industry is improving efficiency through the use of new-age technology

Finance
Insurers faced a pressing problem last year — a surge in home insurance claims following destructive floods in Kerala. As applications for relief from devastated regions mounted, Reliance General Insurance decided to deploy a video conversation feature, used to process motor vehicle claims, to quicken claims processing. Policy holders went on a two-way video chat to show the extent of damage to the surveyor. The result: Claims got processed in three days from over two weeks earlier. This is just one example of how insurers are using technology to simplify processes and use customer data efficiently. Insurers are adopting AI powered platforms to help agents market the right policy, and setting up virtual branches and processing motor vehicle claims based on photographs. Broadly speaking, th
Facial recognition technology ‘an epidemic in UK’

Facial recognition technology ‘an epidemic in UK’

Technology
Facial recognition tech has been used in shopping centres, museums and conference centres around the UK, according to a civil liberties group.Big Brother Watch said the Meadowhall shopping centre in Sheffield had used the technology in a trial, and that it had also been used at Liverpool's World Museum and Birmingham's Millennium Point conference centre. It comes after an investigation was launched this week into the use of the controversial technology at King's Cross in London."There is an epidemic of facial recognition in the UK," said Big Brother Watch boss Silkie Carlo.She added: "We now know that many millions of innocent people will have had their faces scanned with this surveillance without knowing about it, whether by police or by private companies."The company that owns the Meadow...