What are the Key Features of Apache Solr Search?

Conceptualized and developed as an in-house project to add search capabilities to the CNET Networks website in 2004, Solr Search has indeed come a long way in the last decade. SearchBlox, 3RDi Search, Commvault, and Coveo are some examples of enterprise search platforms powered by Solr Search. It’s an open source platform written in Java but is usable from popular programming languages, including C#, PHP, Ruby and Python. Another interesting fact is its plugin architecture that supports advanced customization. It has an active community of developers who contribute new features to the platform. Here are some of its key features.

1] Faceted Navigation

Faceted navigation is a technique which involves the organization of data using a faceted classification system that classifies the elements of the information along multiple dimensions or facets. This approach to data classification facilitates the application of multiple filters on a collection of information.

2] Full Text Indexing & Search

When faced with unstructured data, Solr Search works in two steps. First, it examines each and every word in the document for potential keyword matches to create an index. Once the index is saved in the directory, the platform refers to this index when fetching results for a query instead of the text of the original document. This feature is extremely fast and effective when dealing with large amounts of data, as compared to the keyword based search engines.

3] Near Real Time Indexing

Solr is powered by Lucene – an open source full-text search library – with near real time indexing capabilities to make the documents available to the users for search almost immediately after indexing. Another advantage of this feature is that updates, if any, are incorporated in the results in near real time. An example is the ‘out of stock’ and discount offer updates on ecommerce platforms.

4] Scalable & Fault Tolerant Design

Solr makes it easy to scale up and down as it is built on the reliable Apache Zookeeper. In addition to that, it also offers replication, distribution, rebalancing and fault tolerance out of the box. The fault tolerance feature makes it extremely reliable as it implies the platform continues operation even if one or more of its components fail.

5] Extensive Plugin Architecture

In addition to scalability, Solr also offers high levels of customization. To begin with, it is an Apache-licensed open source platform that allows developers to change any code they want. Developers can load custom code to perform additional tasks within the platform, such as custom Request Handlers and custom Token filters. It also publishes various well-defined extension points to facilitate both index and query time plugins.

6] Geospatial Search

Solr supports location data for use in spatial and geospatial searches. Using the former feature, you can index points or other shapes and or set a rectangular box, a circle or any other shape as a filter for your query results. Talking about geospatial search, you can use it to find places, say a Mexican restaurant, within a specified distance of your current location.

Apache Solr, with its advanced search capabilities, is a highly preferred search platform for a range of websites and applications. Its powerful external configuration allows it to be configured to any and every application, making it an indispensable tool for enterprises to cope with Big Data.

Pocket-Friendly Food Shopping – Save Money On Food

Grocery shopping is an essential as well as important expense for most of the households and families. However, if you want to save money on food shopping, then here are some easy tips for a pocket-friendly grocery shopping experience.

Think Ahead, Plan and Make a List
By simply planning and making a list of the things you need to buy during your next food shopping can lead to great savings. For example, when you have a list, it becomes easier for you to stick to it and not end up buying things on impulse. Even planning your food shopping weeks before actually going to the stores can help you save more and as a result, put your loans instant cash to proper use.

Go to Shopping Once Every Week
Loans instant cash is very much preferred by frequent shoppers. However, when you plan to turn on the money-saving mode while doing food shopping, its best to limit your shopping outings. Go on shopping once a week and try buying all that you need for the rest of the week which can save not only your fuel cost but prevent you from making extra purchases.

Earn and Redeem Loyalty Card Points
Most of the stores these days offer loyalty card points where you earn points by making purchases of certain amounts and at a certain frequency. People often end up collecting loyalty points but never redeeming them. However, when redeemed at the right time, your loyalty card points can help you save big on food and reduce the need for a cash same day loan.

Shop from Local Markets
Do you often take loans instant cash to keep up with the growing food shopping costs and wonder how can you reduce your expenses? Well, then it’s time to say goodbye to the shopping malls and say hello to your local grocery stores where you can get similar items for comparatively cheaper price and put your cash same day loan to some other better uses.

Buy in Bulk and Store Them Right
In case there are certain food items that you need regularly and in large amounts or quantity, then why not buy them in bulk! Yes, buying certain items in bulk, even if taking payday loans and storing them properly can enable you to avail certain discounts and offers as well as prevent your frequent shop visits resulting in saving money.

Don’t Take Kids On Shopping with You
Opting for cash loans fast can be a great way of getting things your kid wants especially when you don’t have the needed cash at hand. But, don’t make this cash same day loan a solution during food shopping, when you know already that you get swayed by your kids’ requests of buying them what unnecessary things that they usually find attractive. Not taking your kids with you during grocery shopping can save you from extra expenses more than you can imagine.

Keep an Eye On the Sales and Discounts
Shops introduce various discounts and offer now and then. Though with payday loans you can shop the way you want; still, if it’s saving money on your food shopping, then look for discounts, ask the store manager about the ongoing offers, register your number with the store to get updated whenever there’s an offer you can benefit from.

Cash loans fast are always available for you to ensure a luxurious lifestyle. However, to cut your expenses on food shopping you got to differentiate between necessity and luxury.

Interview with CEO & Co-Founder , Chargebacks911 – Monica Eaton-Cardone

1. Can you tell us about your journey into this market?While running an e-commerce site that sold luxury goods and cosmetics, I came across an issue I had never heard of before: the concept of chargebacks. Before a merchant knows it, they could be short by thousands—if not hundreds of thousands—of dollars. The thing about chargebacks, though, is they essentially render the merchant “guilty until proven innocent.” And, if a merchant gets too many claims, then the bank has the right to take all their funds and close their account.All of the sudden, my e-commerce company had tons of chargebacks—and had no idea where they came from, or what they meant. We were using an advertising service for online promotions, and we had a surge of advertising because we paid agencies a commission on sales. Turns out that, after we paid their commission, we found out they were actually stealing credit cards, and these were fake customers. We were shipping products to customers that had never even bought our product. Chargebacks came rolling in, and we lost the money for the merchandise, the money for the transaction, and were confronted by one of the scariest situations I could ever have imagined. It was a very expensive education.I went on the offensive. I began meeting with risk managers and studying the credit card company regulations. Then I came up with an idea: by calling customers that has filed chargebacks and finding out why, my team and I created more than 106 rules and developed the technology to accurately predict how many chargebacks we could expect, and what their risk levels were. Fintech NewsWe developed technology to help manage our advertising and rebuilt the business. In about three months, we got the majority of our funds released from risk managers. The I got a call from one of the risk managers, who said they had a merchant who was having chargeback problems and asked if I could help them. At the time, there was nowhere that you could find out about this problem, and what I managed to achieve was practically unheard of.That first request turned into another request, and then another. Long story short – that was the start of Chargebacks911.

2. How do you think technology is redefining the Finance Sector?Fintech is absolutely revolutionizing the finance space. Just a few months ago, for instance, the Fed announced plans to introduce real-time payments through their new FedNow platform. That’s just one example of a much broader, structural transformation we’re now undergoing.The paymentsenvironment is, in many ways, out of date. Fintech is a disruptive force that goes beyond redefining the sector; it’s remaking it in its own image. We’re headed for a more decentralized structure and, ultimately, the players who end up influencing the future of finance will be those who offer convenience and reliable security to consumers.

3. What are credit card affinity programs?In simple terms, a credit card affinity program is an avenue way to earn money by introducing prospective clients to credit cards. This is done by permitting advertising on your personal website, or even devoting an entire website to the marketing of those credit cards. Credit card affiliation programs are one of the more lucrative affinity programs that exist.

4. What according to you is the reason behind the rise in popularity of credit card affinity programs?One reason for this popularity is that card issuers offer quite generous sign-up bonuses. An issuer’s affinity with an airline, for example, might offer new cardholders 50,000 travel miles if they spend $4,000 within three months of opening the card account. That’s 12.5 miles per dollar, as opposed to the more usual 2-5 miles per dollar.

5. There has always been a question in the minds of most of us that, who pays for rewards on credit cards?Credit card companies pay for rewards with revenue from a couple of sources: 1) the consumer and 2) the merchants who accept their cards. Consumers pay interest whenever they carry a balance, plus fees whenever their payment is late or they get a cash advance, and part of this goes to pay for rewards.At the same time, businesses that accept credit cards must pay a bank fee every time a customer pays with a card. They typically eat part of this cost, but supplement another by raising prices for all customers (including cash payers), thereby passing these fees onto consumers.

6. Do rewards on credit cards increase the potential for fraud and stealth of loyalty rewards?With the rise of affinity relationships and loyalty rewards, there will be more businesses starting credit card affinity programs. This will increase the potential for fraud and stealth of loyalty rewards, which is already becoming prolific.

7. Where do you see an end for these rewards programs?Affinity relationships are a powerful tool to acquire new cardholders, and they will continue to grow in importance in the online economy. Just as subscription box services continue to grow, major card issuers and brands will come together to maximize synergistic results and promote loyalty through consumer rewards.

8. Will issuers change the rules to suppress churn?Some issuers are already trying to take action against it. Chase, for example, has adopted the “5/24 rule,” in which it refuses to open a new card account for anyone who has opened five or more personal credit cards (with any bank or issuer) in the previous 24 months and American Express has issued a notice suggesting that abusers may lose out on future sign-up bonuses.Most issuers right now seem to be taking churn in stride. Churn simply demonstrates that affinity relationships work, and that affiliations between brands and card issuers are extremely effective.I predict there will be more and more restrictions as issuers continue to compete against each other for long-term, loyal cardholders. For their part, consumers will need read the fine print now, more than ever, when signing up for credit cards with these opportunities.

9. What are “super-cobranded” cards? And can you name some of the brands that are testing this already?Marketing, media, and other forms of branding are creating partnerships and synergies across many industries to super target audiences that have very particular needs, wants, and buying habits. super-cobranded cards are affinity relationships between multiple brands that cater to, for instance, an extreme sports enthusiast, where you have loyalty rewards for extreme sports travel, extreme sports merchandise, extreme sports restaurants, etc., that all cater to an extreme sports lifestyle.That is just one example – there are many. Charitable audiences may have a super-cobranded card with bonuses for giving to the world’s most popular non-profits, as another example.Super-targeted audience segments are being sought after as they are very lucrative. My prediction is multiple brands will partner on super-cobranded cards for these super-segments.

10. What impact will super-co branded cards have on the travel, hospitality and payment industry?The travel and hospitality industry will experience a burst of super-cobranded cards with retail, restaurant, attraction, and event brands joining together to exploit a targeted set of consumers who travel for work, family vacations, or even adventure/extreme vacations.

11. What advice would you like to give to the Startups?The fintech space is fast-moving and disruptive.

To stay relevant, you need to remain ahead of the technological curve and deliver services that precisely identify and address customers’ pain points.

To that end, it’s important to carefully monitor how financial customers interact with existing institutions, and look for ways to address their shortcomings.

12. Which Startup technology has grabbed your attention?There are a lot of fintech startups to watch at the present—Braintree, Opploans, Credit Karma, just to name a few—but I’m most interested in watching Stash continue its current growth in usership.Stash isn’t the most sophisticated or cost-effective method for building an investment portfolio. What it is, though, is easy and intuitive, which is far more attractive to novice investors. As Millennials reach their 30s and start considering their savings and retirement for the first time, most of them will not really know where to start. Stash, along with similar platforms like Robinhood, offer an easy introduction to the world of investment, requiring no experience and little active involvement.

13. How do you prepare for a Technology-centric world?Simply put, we’re already living in one. The development of technology may not feel like an especially-rapid process, but if we consider where fintech was decade—or even two years—ago, we’ll see incredible change took place in that time.The best way to stay on top of change is to remain up-to-date with developments in the fintech space. This will be one of the main frontiers in the next decade; by 2030, the financial services sector will barely resemble the space we know now. The push for more decentralized, instantaneous payments will be transformative. We just don’t know yet how it will transform the market, which makes it difficult to offer any concrete predictions.

14. Which book are you reading these days?I was recently re-reading “The Greatest Salesman in the World” by Og Mandino. It’s a short, but profoundly inspirational little book, and it’s played a major role in influencing my personal and professional path. It can transform how you think; not just about sales and business, but about the idea of success and life in general.