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India-focused mobile messaging service Hike landed funding from Tencent last year, and today it took a major step to emulating the Chinese firm’s WeChat app with the introduction of mobile payments.

In a world that has grown increasingly dependent on mobile technology, you should consider having a customized mobile application for your business. In 2014, 60 percent of online traffic came from mobile devices such as smartphones and tablets. By 2016, that figure had reached 65 percent.

If banking is something you do on an app, why shouldn’t your mobile carrier actually be your bank? It’s more than just an idea. Orange, Telenor, and O2 are all building their own operations.

3 chatbots to deploy in your business

While idea of the “killer app” has turned out to be mostly hyperbole, the prediction that bots are “app killers” seems to be coming to fruition.

Birthdays are a great time for reflection. The startup that I co-founded in 2012 turns 4 this month, and I've decided to look back on the past four years and ask myself: If I could do it all again, what would I do differently?

If there’s one thing you can say about chatbots, it’s that there’s a lot of buzz surrounding the phenomenon.

6 Things That Viral Business Apps Have

A perfect idea and courage; generally do not suffice for executing a new business plan. Getting all the legalities done and managing a good financial funding as well – is not enough! Although these do sound important points to be worked upon- and they are; but what also is a true fact is that the final face of the project, which arguably determines the fate of your startup – reaching out to the public – is seldom paid as much attention as other parts. This is a fatal difference between startups that make it and those that don’t. While an interactive website wouldn’t be too much of a trouble for anyone with prior experience in designing websites, an app is a completely different ballgame all together.

Imagine this typical mobile conversation: A couple of friends quickly connect via chat to see if they can still make a concert that night. To find out if tickets are available, they leave their messaging app, open up their mobile browser or favorite ticketing app, and pay for the tickets; then return to their chat session to report on success.

We speak and they process our commands. In a chatbot like Yahoo Weather, you ask about the forecast in Seattle and the bot returns an answer. Natural Language Processing or NLP can read what you say and interpret some meaning. You don’t want to know the current temp in Seattle, you want to know what the weather will be like in the future. That’s helpful because the dialog can branch out. You can ask about a different city or the next morning without knowing anything about how to find those features within the app (or even install the app).