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This is How Sports Leagues Shape Our Communities

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In fact, sports leagues help grow our communities in different ways. Curious how that happens? How about reading this article? We will share all the methods in which sports leagues do more than entertain. They encourage new ideas and technology and create many opportunities for our society. This is just a peek! Start reading and you’ll have a complete breakdown of the topic. Let’s roll!

Sports Leagues Can Increase Local Economies: Here’s How

As you know, sports leagues do more than just entertain fans. They also play a big role in helping local economies grow. Let’s take a closer look at how they contribute to the economic growth of our society.

Increasing Revenue

Professional sports leagues can generate large amounts of money from different sources, including:

  • ticket sales
  • broadcasting rights
  • merchandising
  • sponsorships

For instance, broadcasting rights can transform into millions. The NFL’s media rights deal with major TV networks is valued at over $100 billion. This money provides financial stability for leagues and clubs, while also supporting many other businesses connected to sports.

Jobs Created by Sports

It’s only natural to think of athletes and coaches as sports employees. Yet, the leagues can support other kinds of jobs as well.

For example, people working in event planning, marketing, sports science, media, and stadium operations depend on these leagues. In fact, according to Eurostat reports, the sports industry supported about 1.44 million jobs in the European Union alone in 2023.

The Value of Sports Teams

The success of sports leagues also makes individual teams more valuable. Different factors, such as performance, fan base size, market reach, and branding, can increase the value of leagues. For investors, owning a sports team is actually a great asset. This is because some teams can be worth billions of dollars, giving them more commercial potential.

Increasing Local and National Economies

If you think economically, game days can bring more than just excitement. They also come with a lot of economic activity. In days like these, local businesses benefit from the large wave of fans and visitors, including restaurants, hotels, transportation services, and retail shops. It’s no secret that fans spend more money before and after the game, giving a great boost to local businesses throughout the season.

Something similar happened during the Israel soccer league. It greatly increased the economy in 2024. Major cities like Tel Aviv and Haifa had more tourists, so the revenue couldn’t be ignored. Stadiums and hotels were full to capacity. The soccer season really helped businesses increase their revenue and brought people together, despite threats or differences.

Tourism and Sports Travel

We already proved that sports can attract many visitors from outside the area. Fans will always travel to see their favourite sports teams or to attend big events. According to the 2019 Sports Tourism: State of the Tourism Report, sports-related travel spending in the United States alone amounted to $45.1 billion, generating $103.3 billion in business sales, including indirect and induced impacts.

Improving Cities and Their Infrastructure

Most of the time, when it comes to hosting major sports events, the hosts will work hard to upgrade the city. Pretty often, governments invest in new stadiums, better roads, public transports and housing, to accommodate visitors.

While these projects make the host cities more attractive, they also help them grow. A great example is the London 2012 Olympics, which helped transform East London into a lively area packed with new homes, businesses, and public spaces that people still enjoy today.

Encouraging Innovation and New Technology

Just like any other domain, sports are constantly evolving, and technology is a major part of this advancement. There are a few areas in which technology shapes the domain, and we will discover them together:

  • Better fan engagement: Nowaydas, mobile apps, live streaming, and virtual reality keep players excited about a game. These technologies allow players to benefit from personalised experiences filled with excitement. Most sports leagues use fan data to improve marketing, while digital tools make it easier for more fans to stay close to their favourite teams.
  • Using data to increase performance: Technology is also a good asset for athletes. With it, they can perform better and stay healthier throughout the season. The tech that does that comes from wearable devices, artificial intelligence, and real-time data tracking. These can help athletes improve their training and avoid injuries.
  • Modern sponsorships and marketing: Most brands change their advertising strategies to match the way fans interact with sports. Sponsorships mean more than just logos as they include online campaigns, social media content, and supporting causes. Perhaps the most popular example is the partnership between Nike and Michael Jordan. It just changed how athletes and brands work together, in a very good way.

Promoting Social Equity and Inclusion

Sports leagues are working really hard to ensure everyone gets a fair chance. For instance, the NFL has the Rooney Rule, which asks teams to interview minority candidates for coaching jobs to help increase diversity. The WNBA is also popular for speaking up on important social issues such as racial equality. These actions help more people from different backgrounds get opportunities in sports.

Most leagues also support young people through local programs that teach sports skills and life lessons.

Through programs such as the Jr.NBA, children, especially those in underprivileged communities, have a chance to play, learn, and build confidence. These types of activities encourage healthy habits and help the young generations develop leadership and problem-solving skills. Sports organisations really help children grow into strong, capable adults through these acts.

Financial Challenges and How Leagues Adapt

There are many reasons why sports leagues are strong financially. However, they still face challenges.

For example, changing media habits, economic ups and downs, and the number of fans attending the games can affect revenues. To handle these issues, leagues put much more effort into digital platforms and create flexible ways to run their businesses to keep up with these changes.

Also, to keep everything fair and stable, many leagues enforce new rules such as salary caps, which limit how much a team can spend on players, and revenue sharing, which shares money between teams.

These rules help prevent a few teams from becoming too powerful financially and ensure the league stays fair for everyone involved in the long run.

To Sum Up

As you can see, sports leagues mean more than just entertainment. They are efficient systems that boost the economy, bringing people together. They can also generate billions in revenue, create jobs, help cities grow, and push new technologies further.

The message is pretty clear to all involved in this evolution of the domain: Supporting sports leagues has a cultural impact and also a great influence on the economic and social aspects. So, next time when we cheer for our favourite athletes, we should remember that sports leagues helped us get there.

FXIFY Celebrates 2 Years as Industry’s First and Oldest Broker-Backed Prop Firm

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London, UK. May 22nd 2025 – FXIFY™, the oldest broker-backed prop firm, is proud to celebrate its second anniversary, marking two years of industry-defining innovation, trader-first policies, and rapid global growth.

Since its inception, FXIFY has paid out over $30 million to its traders and now serves a global community of more than 200,000 active users. In the first quarter of this year alone, a single trader received an impressive $81,000 payout — a clear demonstration of the firm’s reliability and commitment to delivering on payout promises.

“We didn’t create FXIFY to follow the crowd,” says Peter Brown, Co-Founder of FXIFY. “We built it to fix what was broken. Traders were being strung along with gimmicks and delays. So we brought in real infrastructure, cut out the nonsense, and gave traders something they could actually rely on.”

FXIFY has led a shift in the industry by prioritising transparency, efficiency, and speed. As the first and oldest broker-backed prop firm, FXIFY introduced clear evaluation models and first payouts on demand whilst eliminating common prop firm pain points like vague rules, delayed payments, and inconsistent policies.

The platform supports multiple trading platforms familiar to traders worldwide and offers flexible account structures suited to every style and level. From instant funding programs to futures trading and classic evaluation models, FXIFY has built an ecosystem that gives traders what they need to grow.

In its short history, FXIFY has already secured recognition from International Business Magazine and ForexProp Reviews, among others, for its outstanding contribution to the prop trading space. The firm’s highest single payout to date stands at $117,000. One trader has successfully received over 40 payouts — each one delivered on time — while another holds the title of FXIFY’s longest continuously funded trader, with a duration of over 1 year and 7 months.

This performance is powered by a growing team of more than 100 staff across four international offices. With over two decades of combined experience in both retail and institutional trading, FXIFY’s leadership team brings industry knowledge and operational stability. That experience translates into better trading infrastructure, faster response times, and a platform that understands the real-world needs of traders.

Looking ahead, FXIFY plans to roll out new and enhanced trading programs and introduce additional platform integrations. The firm is also building strategic third-party partnerships and expanding payment options to deliver a smoother, more powerful user experience.

“We’re deeply thankful for our trading community’s trust and support,” says Peter Brown. “Our traders have driven our growth, and we’re excited to continue this journey together.”

As it enters year three, FXIFY continues to set the pace for the industry — transforming what traders expect from a prop firm. With a foundation of real infrastructure, fast payouts, and proven expertise, FXIFY is not just keeping up with the market. It’s raising the bar.

Wealth Management Near Me: Ken Lako Reveals Key Trends Reshaping Trust Services

Trust services are undergoing a transformation, and Members Trust Company (MTC) is at the forefront of this evolution. According to President and CEO Ken Lako, several key trends are reshaping how wealth management is delivered at the local level.

“The trust business is evolving faster than most people realize,” Lako says. “Clients are demanding more personalized attention, greater transparency, and better integration of technology without losing the human connection.”

One unmistakable trend is the growing need for specialized expertise in areas previously underserved by traditional wealth management firms. MTC has positioned itself to address this gap by developing capabilities around complex family situations.

“We’ve built specific expertise in areas like special needs trusts and estate planning for blended families,” Lako notes. “These aren’t just niche services anymore – they’re increasingly mainstream needs that many local providers simply aren’t equipped to handle.”

The company’s focused approach to these specialized areas has contributed to its recognition as one of America’s Most Advisor-Friendly Trust Companies for 2025.

Another significant shift is the accessibility of sophisticated trust services. With an average account size of $750,000, MTC makes comprehensive trust management available to a broader range of clients than traditionally served by elite trust companies.

This accessibility stems partly from the company’s unique structure as the nation’s first chartered trust company completely owned by credit unions. This heritage shapes MTC’s approach to fees, which range from 0.45% for the first $2 million to 0.20% for amounts over $10 million, with delegated trusts adding just 0.05% at each tier.

“Our credit union background gives us a fundamentally different perspective,” Lako explains. “We’re built to serve members rather than maximize profits, which translates into more transparent pricing and services designed around client needs rather than what generates the highest margins.”

Technology has also transformed what’s possible in local trust services. MTC has invested in advanced trust accounting systems and continues to reinvest in new technologies to better serve partners and clients, enabling the company to process new trusts in just one to three days upon receipt of required information.

“We’ve embraced technology, but not at the expense of personal relationships,” says Lako. “The goal is to use digital tools to enhance human connections, not replace them.”

This balance of technology and personal touch reflects MTC’s approach to wealth management, which has consistently emphasized execution and results.

“Execution is often an overused word in business,” Lako acknowledges. “But in wealth management, it’s the difference between good intentions and actual results. Our disciplined process consistently yields positive returns for clients.”

MTC’s team reflects this dual focus on technical expertise and personal service. The company employs professionals with JDs, LLMs, CFAs, CFPs, and CTFAs who bring sophisticated capabilities to client relationships while maintaining accessibility.

“What sets us apart is making complex issues understandable,” Lako says. “Many clients find trust services intimidating. Our approach is to simplify the complex without sacrificing sophistication.”

This philosophy has positioned MTC for significant growth. The company currently manages $4 billion in assets and aims to double that through both organic growth and strategic acquisitions in the coming years.

“We’re in a growth phase, but we’re growing in a way that reinforces rather than dilutes our core values,” Lako explains. “Our goal is to maintain the personalized service model that distinguishes us while expanding our reach.”

For individuals searching for wealth management services in their communities, Lako suggests looking beyond credentials to understand a firm’s approach and values.

“The credentials matter – our team has advanced degrees and professional certifications – but equally important is finding a wealth management partner whose values align with yours,” he advises.

With its combination of institutional capabilities and boutique service experience, MTC represents a distinctive option for clients seeking sophisticated trust services with a personal touch in their local markets.

“In the end, effective wealth management is about people, not just portfolios,” Lako concludes. “Technical expertise is essential, but it’s the human connection that transforms a service provider into a trusted partner. That’s the difference clients feel when they work with us.”

Affiliate Marketing Fuels Income Growth Among UK Health Influencers

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The UK’s influencer landscape is undergoing a significant shift as more creators tap into weight loss affiliate programs, seeking reliable streams of passive income. This trend is propelled by a booming digital marketing sector, surging consumer interest in health and wellness, and the promise of recurring revenue without the need to develop or manage products directly.

A Lucrative Opportunity in a Growing Market

The influencer marketing industry in the UK is forecast to reach £5 billion by the end of 2023, with health and wellness brands leading the charge. Weight loss, in particular, is a high-demand niche, driven by increasing public awareness of healthy living and the ongoing challenge of obesity. For influencers, this creates a fertile ground for monetization-especially as traditional advertising loses ground to authentic, peer-driven recommendations.

How Affiliate Programs Work for Influencers

Weight loss affiliate programs allow influencers to promote products or services-ranging from supplements and meal plans to fitness apps and coaching platforms-in exchange for a commission on sales or leads generated through their unique referral links.

These programs typically provide:

  • Competitive commission rates, often between 5% and 20% per sale.
  • Recurring revenue for subscription-based services, offering ongoing income as long as referred customers remain subscribed.
  • Ready-made marketing assets, such as banners, tracking links, and performance dashboards, simplifying the promotional process.

Here’s a quick comparison of popular UK weight loss affiliate programs and what they pay influencers:

SheMed: Pays a generous £50 per successful referral, making it one of the highest-paying UK weight loss affiliate programs.

Weight Watchers (WW): Offers a base commission of $10 (about £8) per qualifying subscription, with a 30-day cookie duration-lower than SheMed, but benefits from strong brand recognition.

WeightWorld UK: Pays 5% commission per sale, with a 30-day cookie window. This is ideal for influencers with audiences interested in a wide range of wellness products.

The Healthy Mummy UK: Offers a 10% commission per sale, with a 30-day cookie duration, targeting busy mothers seeking postnatal weight loss solutions.

NutriSystem: Although more US-focused, it pays between 2.4% and 5.6% commission per sale, with a 20-day cookie period.

Why Influencers Are Embracing This Model

Several factors are driving UK influencers to join weight loss affiliate schemes:

Passive Income Potential: Once content is published with embedded affiliate links, influencers can earn commissions around the clock, even while focusing on other projects or taking time off.

Low Barrier to Entry: Unlike launching their own products, affiliate marketing requires no inventory, shipping, or customer service, making it accessible for creators at any stage.

Audience Alignment: Many UK influencers have built engaged communities around health and fitness. Promoting reputable weight loss solutions aligns with their followers’ interests, enhancing trust and conversion rates.

Brand Partnerships: Brands increasingly seek influencers as authentic voices. Collaboration with micro and nano-influencers-those with smaller but highly engaged audiences-are especially effective in driving sales and engagement.

Trust and Responsibility

While the financial incentives are clear, the rise in influencer-driven weight loss promotions has also sparked scrutiny. Studies show that not all influencers provide credible or evidence-based advice, raising concerns about misinformation and public health impacts.The Advertising Standards Authority (ASA) in the UK requires influencers to follow strict guidelines to ensure transparency and authenticity in their promotions.

The Bottom Line

Weight loss affiliate programs present a win-win for UK influencers and brands alike. Influencers benefit from a scalable, passive income stream, while brands leverage trusted voices to reach motivated consumers. As the digital wellness market continues to expand, this partnership model is set to play an even larger role in the UK’s influencer economy-provided that transparency and credibility remain at the forefront.

Motorists Embrace Digital Convenience for MOT Scheduling

Getting your MOT sorted doesn’t have to be stressful. Between work, school runs, and weekend plans, life gets busy fast. The last thing you want is to spend ages on the phone trying to book an MOT. That’s where online booking comes in as a convenience and a smarter way to stay road-legal. Keep reading to find out how it could save you time, stress, and even money.

Saves You Time When You Need It Most

You don’t need to ring around garages or queue during opening hours. Online booking puts the control in your hands. You can book your MOT anytime, whether it’s lunchtime at work or late at night from your sofa.

With a few taps, you can pick a date and time that works best and get instant confirmation. It’s much quicker than waiting on hold or driving around looking for availability.

Easy to Compare and Plan Ahead

Most online MOT systems let you see available time slots well in advance, often days or even weeks ahead. That means you can book early and steer clear of the last-minute rush that catches many drivers off guard.

If you live in a busy city like Manchester, booking ahead gives you more options. Whether it’s a weekend slot or first thing in the morning, getting your MOT in Manchester booked online helps you plan around your week without added stress.

Fewer Surprises With Reminders and Alerts

Many online systems send automatic reminders as your MOT due date approaches. You’ll usually get an email or text a few weeks in advance, and again closer to the date. Some platforms even remind you of your car’s registration details, which can be handy if you have more than one vehicle in the household.

These reminders help you stay on track and avoid driving illegally with an expired MOT certificate, which could land you with fines or points on your licence.

Better Availability During Peak Times

Spring and autumn are busy times for garages. A lot of drivers tend to leave their MOT until the last moment. If you wait too long, you might struggle to get a convenient time, especially during school holidays or before a long trip.

By booking online, you get early access to the full schedule, including cancellation slots. That flexibility can make a big difference when life throws you curveballs.

Keeps Everything Organised in One Place

With online booking, you get confirmation emails, digital records, and sometimes even access to your vehicle’s past MOT results. That is useful if you need to track your car’s history or want to check advisories from the previous year.

It also makes life easier when selling your car. Buyers often ask to see MOT history, and having all your records ready to show gives them confidence in your car’s condition.

Last Word

Booking your MOT test online gives you more freedom, saves time, and helps you avoid those last-minute scrambles. It is a quick win that makes car care simpler. Take control of your car’s next MOT and book online today, you’ll wonder why you didn’t do it sooner.

The Hidden Cost of Inefficiency: Why UK Businesses Are Rethinking Storage Infrastructure in 2025

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In 2025, operational efficiency is no longer just a competitive advantage; it’s a financial imperative. As costs continue to rise across labour, materials, and logistics, UK businesses are being forced to examine every corner of their operations. One area quietly draining profitability? Storage infrastructure.

From food producers to pharmaceutical firms, decision-makers are beginning to realise that inefficient handling and outdated storage systems are more than just an operational nuisance; they are a hidden financial liability. According to Alison Handling, a UK-based supplier of reusable plastic storage solutions, many firms are now re-evaluating how physical infrastructure impacts long-term margins.

The Rising Cost of Operational Inefficiency in UK Logistics and Warehousing

Warehousing inefficiencies are quietly eroding profits. A 2024 survey by the UK Warehousing Association revealed that nearly 62% of logistics firms experienced delays or losses due to inadequate storage planning. Missed delivery slots, damaged goods, and excess inventory are not just operational headaches; they translate into hard costs. For a sector where profit margins are often razor-thin, this drag can make or break annual performance.

Why Physical Infrastructure Is Still Overlooked by Finance Teams

Many CFOs and financial leads view racking, pallets, and containers as static assets, necessary but low-priority. The result? Investments in IT systems or fleet upgrades often take precedence over tangible, facility-level infrastructure. Yet, poor physical setups result in longer handling times, increased wastage, and bottlenecks that no ERP system can fix.

Finance departments need to shift perspective: physical infrastructure is not capex deadweight, it’s a margin lever.

Stackability, Modularity, and Durability: How Storage Upgrades Improve Cash Flow

Well-designed storage units enable better vertical stacking, maximise floor space, and reduce the frequency of unnecessary movements. Modular designs, particularly those that interlock or nest, also support lean operations by adapting to varying inventory levels. The downstream result? Lower handling costs, improved safety, and smoother throughput, factors that ultimately benefit working capital and liquidity.

The Lifecycle Cost Difference Between Wooden vs. Plastic Containers and Pallets

Wooden pallets have long been the default option in UK warehousing, but when measured over their lifespan, they can become surprisingly expensive. Subject to splintering, breakage, and hygiene risks, wooden units require frequent replacement. By contrast, plastic pallets, while marginally more expensive upfront, offer years of reliable service with minimal maintenance. When procurement teams assess lifecycle value rather than purchase price alone, the cost argument swings decisively toward plastic.

Real-World Example: How One UK Business Reduced Product Damage by 35% with Better Boxes

Consider a Midlands-based food distributor that upgraded its outdated corrugated storage boxes to reinforced plastic containers. Within six months, the firm reported a 35% reduction in product damage during transit and internal movement. Not only did this reduce loss and waste, but it also improved customer satisfaction and audit scores, key metrics that affect contract renewals in B2B sectors.

Why Inventory Handling Time Is a Hidden Labour Cost (And How to Reduce It)

Labour inefficiency is one of the most underreported drains on operational budgets. Every extra minute spent shifting unstable loads or searching for misplaced items adds up. High-performing businesses are now reengineering their picking and packing workflows to reduce touchpoints and speed up movement. Ergonomic, standardised containers reduce fatigue, errors, and wasted steps, translating directly into lower labour costs.

How Sustainable, Reusable Storage Supports ESG Reporting and Compliance

As ESG standards tighten, reusable storage is emerging as a quiet compliance win. If chosen carefully, plastic storage products offer sustainability advantages through longer lifespan, recyclability, and lower environmental impact per use. For companies producing ESG disclosures, this switch supports measurable improvements across waste reduction, emissions, and circularity metrics.

The Role of Hygienic Plastic Containers in Avoiding Audit Failures (Especially in Food and Pharma)

In sectors like pharmaceuticals and food manufacturing, hygiene is not optional, it’s regulatory. Wooden or cardboard packaging often fails to meet cleanliness standards or poses contamination risks. Plastic containers, particularly those designed for hygienic use, are non-porous, easy to sterilise, and fully compliant with BRCGS and MHRA protocols. One failed audit can cost millions; robust storage is a simple way to avoid that risk.

Aligning Storage Decisions with Procurement Strategy, Not Just Facilities Teams

Traditionally, storage infrastructure falls under the remit of warehouse or facilities managers. But this siloed approach often leads to short-term fixes rather than long-term value. Procurement leads must be involved early to ensure that choices align with broader cost control, ESG goals, and operational strategy. Smart storage decisions, made at the procurement stage, can deliver downstream efficiencies for years.

Customisation and Scalability: Solving Today’s Needs Without Overcommitting

A common mistake in infrastructure investment is over-specification. Firms either buy for the operation they want in five years or under-buy and outgrow capacity within twelve months. Customisable and scalable storage solutions, such as adjustable racking systems and modular containers, provide a middle ground. They reduce upfront spend while allowing for future expansion, ideal for businesses facing economic uncertainty or uneven demand.

Why Better Physical Infrastructure Helps During Growth, Downturn, or Market Shocks

When market conditions shift, whether it’s a surge in demand, a supply chain disruption, or a cost-cutting directive, your physical infrastructure determines your flexibility. Efficient layouts, resilient containers, and durable pallets enable companies to pivot faster, scale leaner, and protect margins. Infrastructure resilience is now a financial hedge, not just an operational concern.

How Downtime from Damaged Containers Quietly Erodes Throughput

Every time a cracked pallet or collapsing container stalls a line or shipment, it introduces downtime, yet these micro-stoppages rarely make it into headline metrics. Over a week or month, they add up. For operations managers chasing OTIF (on-time, in-full) delivery targets, even minor delays from storage failures can compromise SLAs and customer trust. By investing in durable, damage-resistant containers upfront, businesses can protect throughput and reduce unplanned disruptions without relying on last-minute fixes.

Why Physical Storage Has a Psychological Impact on Teams

Infrastructure isn’t just functional; it sets the tone for how teams work. Disorganised, cluttered, or makeshift storage environments erode morale and increase the mental load for warehouse staff. In contrast, clean, efficient setups support safer workflows and reinforce a high-performance culture. When employees feel their tools and environment are built for success, productivity and accountability tend to follow. It’s an overlooked but very real benefit that compounds over time.

The CFO’s Blind Spot: When Budget Cuts Target the Wrong Infrastructure

In tough quarters, infrastructure upgrades are often one of the first items cut. Yet this short-term saving often backfires. A budget-conscious CFO might delay replacing broken containers or reduce investment in modern pallet systems, only to face higher spend later in labour inefficiency, customer complaints, and stock damage. Smarter financial leadership means distinguishing between costs that can be deferred and those that are quietly compounding into margin loss. Storage infrastructure almost always falls into the latter category.

Building AI-powered products: what you need to know

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Artificial intelligence is becoming the engine behind a lot of real-world products. A lot of businesses started to recognise its value and the benefits AI automation brings, which fuelled interest in the development of fully AI-powered software. 

However, building such products isn’t as easy as it might seem.  

Compared to traditional product development, AI requires special attention and fine-tuning to work properly. So, should you choose AI product development over the traditional one? 

Why choose AI product development over traditional development? 

Nowadays, there are a lot of AI-powered products that work in parallel with traditional software. You might assume that since both options are viable, there’s not much difference between the two in terms of benefits.  

However, that’s far from true. 

Automation of complex tasks 

Traditional automation handles fixed rules well, but it fails when patterns change over time. On the other hand, AI excels at pattern recognition, especially when paired with image recognition technology or natural language processing.  

In cases where static, rule-based logic fails, AI shows its full potential. 

Personalisation at scale 

Most customers expect platforms and products to have personalisation as a feature. Adaptable content, recommendation engines, and preference-based interaction are all done with the help of AI.  

While traditional software could replicate the same results, it’s just not feasible to manually build these features for each user. AI is better at scaling such functions, making it a perfect choice for a better user experience. 

Better decision-making 

Traditional software is rule-based, which means it’s not flexible in its decisions. On the other hand, given the right amount of data, AI’s decision-making can adapt and change over time to reflect changes in business needs.  

This feature is especially useful in time-sensitive and data-heavy fields, like healthcare or finance. 

Continuous improvement 

Traditional software’s logic doesn’t give much room for improvement. Every change has to be hard-coded or rewritten, which takes a lot of time and effort from the business side.  

AI’s performance can evolve without complete rewrites, making them a perfect pair for dynamic environments.  

Competitive advantage 

The combination of fast decision-making, flexibility, and personalisation transforms AI from a mundane feature into a powerful tool that can give you the edge over your competition.  

Common pitfalls in building AI products 

Seeing the benefits AI-powered products have, a lot of businesses try to replicate others’ success on their own. However, rushed decisions and development could lead to worse outcomes.  

Here are some of the pitfalls you might encounter during the development. 

Treating AI like traditional software 

There’s a huge difference in how AI-powered software behaves compared to traditional one. It’s not rule-based, and can fail in unexpected ways. 

Fixed test cases won’t work for AI-powered products the same way they do for traditional software. A good call would be to monitor AI’s behaviour, validate datasets and use error analysis tools. 

Building the model before defining the problem 

One of the most common mistakes businesses fall for is building the model without understanding user needs. As a result, such solutions are in search of a problem. 

Instead, focus on defining the problem first, then decide whether AI is the answer and which type of AI suits users best. 

Poor data quality 

The model will be as good as its training data. Biased information, corrupted and mislabelled files will lead to inconsistent decision-making and a biased AI model.  

Make sure your training data is clean, properly labelled, and does not have duplicates. High-quality data results in a high-quality AI model.  

Ignoring edge cases and model failures 

AI systems are not as easy to test as traditional software. They may appear to work until one edge case that completely fails the whole system. 

Closely monitor the model’s behaviour, log predictions and fine-tune the system to include even out-of-the-box queries it might have to deal with. 

Final words 

AI product development is about ensuring that artificial intelligence is fully integrated into a system and is reliable for users. Developing such systems is harder compared to traditional software, but the benefits they bring dwarf rule-based software in comparison.

Nomad Launches New European eSIM Plans for Hassle-Free Travel

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Santa Clara, CA 21st May 2025Nomad, the global eSIM marketplace and business line of LotusFlare, today announced a refreshed suite of European eSIM data plans that deliver instant, contract-free connectivity in more than 40 countries across the continent. 

The launch widens Nomad’s portfolio of pay-as-you-go mobile data products and addresses the high roaming costs that still affect millions of international travellers.

Nomad’s new European line-up includes:

  • Extensive Coverage: Access to high-speed data in over 40 European countries, including popular destinations like France, Germany, Italy, and Spain
  • Flexible Data Options: Plans range from 1GB for short trips to 50GB for extended stays and multi-destinations, with prices starting as low as USD $0.96/GB
  • Easy Activation: Users can purchase and activate their eSIMs through the Nomad app or website, ensuring connectivity upon arrival
  • No Hidden Fees: All plans are prepaid, eliminating unexpected charges and providing transparency
  • Long-Stay Options:  90, 180, and 365-day passes aimed at business travellers, study-abroad students and digital nomads.

“Travelling should be about discovering new places, not hunting for Wi-Fi or worrying about bill shock,” said Sam Gadodia, Chief Executive Officer of Nomad. “Our updated European plans give travellers transparent pricing, 4G/5G speeds and the freedom to top up only when they need more data.”

Tackling roaming fees

The U.S. Federal Communications Commission notes that international roaming charges can reach US $20 per MB on some networks – equivalent to US $20,000 per gigabyte.

Nomad’s prepaid eSIMs eliminate these fees: travellers pay once in advance and monitor usage in real time inside the Nomad app or on getnomad.app.

Transparent pricing and simple activation

Plans start at US $0.96 per GB. After purchase, customers install the eSIM by scanning a QR code; the service activates automatically on arrival in Europe. No physical SIM swap or passport registration is required.

Limited-time launch incentive

Nomad offers a 30 per cent introductory discount on all European plans to mark the launch. The promotion is valid for one purchase per account until 23:59 PST on 31 August 2025 and can be redeemed with the code NOMADEUROPE30 at checkout.

Louis Sim, Marketing Manager at Nomad, added: “Whether you’re visiting Paris for a weekend or road-tripping across several countries, these plans were created to keep you online at affordable/competitively priced local rates while maintaining full control of your spending.”

How to Use Bitcoin: Beginner’s Guide to BTC

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Embarking on your Bitcoin journey begins with mastering how to securely store, send, and receive this groundbreaking digital currency. A Bitcoin wallet does not hold coins like a traditional bank account; instead, it manages your private keys, the cryptographic secrets that grant access to funds on the Bitcoin blockchain. Choosing the right wallet model and understanding its mechanics will ensure both security and convenience as you navigate the world of Bitcoin transactions.

Understanding Bitcoin Wallets

At its core, a wallet bitcoin is software or hardware that safely stores your private key and derives a public key (and corresponding address) for receiving bitcoin. When you create a wallet, it generates a unique seed phrase, typically 12 or 24 words that encapsulates all future private keys. This seed must be backed up offline on non-digital media (such as engraved metal or secure paper) and stored in separate, safe locations. Losing the seed phrase means losing access to your funds, while exposing it allows anyone to spend your bitcoin.

Storing, Sending, and Receiving Bitcoin

Storing BTC

Once your wallet is set up, generating a receiving address is as simple as clicking “Receive” in your wallet interface. Treat this address like a bank account number for Bitcoin deposits. Always verify the address on your device (for hardware wallets) before sharing it, and never reuse addresses for multiple transactions to enhance privacy.

Sending BTC

To send bitcoin, input the recipient’s address and specify the amount. Software wallets will sign the transaction automatically if the key resides locally, while hardware wallets prompt you to verify details and press a physical button on the device, ensuring no unauthorized changes occur. After signing, the wallet broadcasts the transaction to network nodes miners , which validate and include it in the next block. Transaction fees fluctuate with network congestion, so you may choose to adjust fees for faster confirmation or cost savings.

Receiving BTC

Receiving bitcoin simply involves providing your public address. Once the sender submits the transaction, it typically appears immediately after the first block  in your wallet after one confirmation, though waiting for three to six confirmations is recommended for larger amounts to guard against chain reorganizations or double-spend attempts.

Different Categories of Wallet Models

Choosing the right wallet depends on your personal use case:

A software wallet runs on an Internet-connected device and offers features like in-app trading, price alerts, and dApp integrations. While highly convenient for daily transactions, it exposes your keys to online risks and demands rigorous device security practices, including frequent updates and antivirus protection.

A cold wallet often a paper backup or an air-gapped computer ensures your keys are never touched by a networked device during the conservation time . This model provides the highest isolation for long-term storage but requires extra steps each time you want to move funds, such as transferring signed transactions via USB or QR code.

A hardware wallet, such as those from Ledger, combines the advantages of both: private keys are generated and for most of them  stored in a certified Secure Element chip offline, while on-device transaction signing preserves security without sacrificing usability. These devices support a wide range of cryptocurrencies and integrate seamlessly with popular software interfaces. A hardware wallet functions as a cold wallet whenever it is kept offline.

Verified Advantages of Ledger Hardware Wallets

  • Offline Key Generation & Secure Element : All private keys are created and remain inside a certified Secure Element chip, never exposed to Internet-connected hardware.
  • Extended Multi-Asset Support : Supports over 15 000 cryptocurrencies on a single device.
  • Compatibility with Popular Interfaces: Works seamlessly with Electrum, Wasabi, and other Bitcoin applications for secure, offline transaction signing.
  • Companion App (Region-Dependent): Ledger Live desktop and mobile application provides portfolio overview and firmware updates private keys remain offline at all times.

By understanding how wallets handle private keys and selecting a model with verifiable security credentials such as a Ledger hardware wallet, you can manage your Bitcoin holdings confidently, protecting your assets while participating fully in the cryptocurrency ecosystem.

Consumer Alert: What to Know Before Hiring an Auto Locksmith

When you’re locked out of your vehicle or have lost your keys, finding a reliable professional becomes an urgent priority. Selecting the right vehicle security specialist requires careful consideration of several factors to ensure you receive quality service at a fair price. This comprehensive guide will walk you through everything you need to know about finding and hiring the perfect automotive key expert for your specific situation.

Vehicle security emergencies can happen at any time, leaving you stranded in inconvenient or potentially dangerous situations. Whether you’ve misplaced your keys, broken them in the ignition, or simply locked them inside your car, knowing how to select a trustworthy professional beforehand can save you significant stress, time, and money when these unfortunate incidents occur.

Verifying Professional Credentials

When searching for a vehicle security specialist, verifying their professional background should be your first priority. Unlike some trades, the locksmith industry in the UK lacks government licensing, meaning virtually anyone can advertise these services regardless of their qualifications or experience.

Experience and Training

Look for professionals who have dedicated several years to mastering their craft. Experienced specialists typically have encountered a wide variety of vehicle makes and models, equipping them with the knowledge to handle complex security systems. When contacting potential candidates, don’t hesitate to inquire about their training background and how long they’ve been working specifically with automotive locking mechanisms.

A specialist with comprehensive training will understand the intricacies of both traditional mechanical locks and modern electronic systems. This diverse knowledge base ensures they can address issues with older vehicles as well as newer models equipped with sophisticated transponder keys and keyless entry systems.

Verification of Background Checks

Given that these professionals will have access to your vehicle, ensuring they’ve undergone proper background screening provides additional peace of mind. Ask whether they’ve completed a DBS (Disclosure and Barring Service) check, which helps identify individuals who might pose a security risk. While not mandatory in the industry, professionals who voluntarily undergo these checks demonstrate a commitment to transparency and trustworthiness.

Professional Associations and Certifications

Though membership in trade organizations doesn’t automatically guarantee quality service, it often indicates a commitment to professional standards and ongoing education. Reputable specialists may belong to recognized industry associations that require members to adhere to ethical guidelines and best practices. However, be aware that some organizations merely require payment for membership without verifying skills or conducting background checks.

When evaluating association memberships, research what requirements professionals must meet to join. Organizations that conduct skills assessments, require regular training updates, or perform periodic inspections of their members’ work typically provide more meaningful endorsements than those with minimal entry requirements.

Researching Reputation and Reviews

A specialist’s reputation within the community offers valuable insights into their reliability and service quality. Before making your selection, dedicate time to thoroughly researching potential candidates through multiple channels.

Online Review Platforms

Start by examining reviews across various platforms such as Google, Trustpilot, and industry-specific directories. Look beyond the overall rating to read individual experiences, paying particular attention to comments about response time, pricing transparency, and problem-solving abilities. Consider how the professional responds to negative reviews, as this can indicate their commitment to customer satisfaction and willingness to address concerns.

Social Media Presence

A professional’s social media profiles can provide additional perspective on their business practices and customer interactions. Active accounts featuring completed jobs, customer testimonials, and educational content about vehicle security suggest a business invested in building long-term relationships rather than simply securing one-time emergency calls.

Word-of-Mouth Recommendations

Personal referrals from friends, family members, or colleagues who have previously required automotive key services can be invaluable. These firsthand accounts typically provide honest assessments of the entire service experience, from initial contact through job completion and follow-up. Ask specific questions about punctuality, communication clarity, and whether the final invoice matched the initial quote.

Business Longevity

Companies that have served the community for several years have demonstrated staying power in a competitive industry. While newer businesses may certainly provide excellent service, established operations with physical premises and verifiable business records generally present less risk to consumers seeking reliable assistance.

Evaluating Service Offerings

The range of services offered by a specialist indicates their versatility and technical capabilities. The most qualified professionals provide comprehensive solutions for various automotive security challenges.

Emergency Response Capabilities

Verify whether the specialist offers 24/7 emergency assistance and their typical response time for urgent situations. Ask about their service area and whether they charge additional fees for after-hours calls or service to remote locations. Professionals who maintain fully equipped mobile workshops can typically provide faster, more efficient service than those who must return to their shop for specialized tools or key-cutting equipment.

Vehicle Compatibility

Confirm that the specialist has experience with your specific vehicle make and model. Modern vehicles feature increasingly sophisticated security systems that require specialized knowledge and equipment to service properly. A professional familiar with your particular vehicle can complete the job more efficiently and with less risk of causing damage to delicate electronic components.

Comprehensive Service Range

The most versatile specialists offer a complete spectrum of automotive security solutions, including:

  • Emergency vehicle entry without damage
  • Extraction of broken keys from locks or ignitions
  • Repair or replacement of malfunctioning ignition cylinders
  • Programming of transponder keys and remote fobs
  • Creation of spare keys, including high-security varieties
  • Repair or replacement of door lock mechanisms
  • Reprogramming of vehicle immobilizer systems

Professionals capable of addressing these diverse needs demonstrate broader technical expertise than those limited to basic lockout services.

Understanding Pricing Structures

Transparent pricing practices distinguish reputable specialists from potentially unscrupulous operators. Before committing to any service, ensure you fully understand the cost structure and what factors might affect the final invoice.

Obtaining Detailed Quotes

Request comprehensive quotes from multiple providers, specifying exactly what services you require. Reputable professionals will ask detailed questions about your vehicle and situation before providing an estimate. Be wary of quotes that seem suspiciously low compared to others, as these may indicate hidden fees or substandard service.

Fee Components

A transparent quote should clearly outline all potential charges, including:

  • Initial assessment or call-out fee
  • Labour costs based on service complexity
  • Parts and materials required
  • Additional charges for emergency or after-hours service
  • Any warranty coverage included

Understanding these components helps you compare quotes accurately and avoid unexpected expenses when the job is complete.

Price vs. Value Considerations

While cost certainly matters, especially in emergency situations, the lowest price doesn’t always represent the best value. Consider the specialist’s experience, reputation, and warranty offerings alongside their rates. A slightly higher upfront cost may ultimately save money by preventing damage to your vehicle and ensuring the problem is resolved correctly the first time.

Assessing Communication Quality

How a specialist communicates during your initial inquiry often reflects how they’ll handle your service experience. Professional communication demonstrates respect for your time and concerns while building confidence in their capabilities.

Responsiveness

Note how quickly the specialist responds to your inquiry and whether they seem genuinely interested in understanding your specific situation. Prompt, attentive communication suggests they’ll bring the same level of responsiveness to addressing your vehicle security emergency.

Clarity and Transparency

Evaluate whether the specialist explains technical issues in understandable terms without unnecessary jargon. They should willingly answer your questions about their process, the equipment they’ll use, and any potential complications that might arise during service. Clear communication about pricing, timeframes, and warranty coverage indicates a commitment to transparency throughout the service relationship.

Educational Approach

The most professional specialists take time to educate customers about their vehicle’s security features and proper maintenance. This educational approach demonstrates both expertise and a customer-focused business philosophy that extends beyond simply completing the immediate job.

Confirming Insurance and Guarantees

Professional security specialists should carry appropriate insurance coverage and stand behind their work with meaningful guarantees. These protections safeguard both your vehicle and your financial investment in their services.

Liability Insurance

Verify that any specialist you’re considering carries adequate liability insurance to cover potential damage to your vehicle during service. Request proof of insurance before allowing work to begin, particularly for complex jobs involving electronic security components or ignition systems.

Work Guarantees

Inquire about warranties or guarantees covering both parts and labour. Reputable professionals typically offer written guarantees for a specified period, providing recourse if problems develop after service completion. The terms and duration of these guarantees often reflect the specialist’s confidence in their workmanship and the quality of parts they install.

Making Your Final Selection

After thoroughly researching potential specialists, comparing their qualifications, and obtaining detailed quotes, you’re ready to make an informed decision. Consider creating a simple evaluation matrix that weights factors according to your priorities, such as emergency availability, specific experience with your vehicle type, pricing transparency, and warranty coverage.

Remember that establishing a relationship with a trusted automotive security professional before an emergency occurs provides significant advantages. Many vehicle owners find it worthwhile to have spare keys made or security systems evaluated by a specialist they’ve vetted, creating a connection they can rely on when urgent situations arise.

By following this comprehensive guide, you’ll be well-equipped to select a qualified, trustworthy professional who can efficiently resolve your automotive security challenges while providing excellent value for your investment.

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