Author: Admin

How has banking evolved during the rapid digitisation of recent years? The answer lies in changing consumer habits, tech-driven disruptions, and cultural shifts—the very trends that are setting the stage for the industry’s future. Millions of customers are going online, while shaping their expectations for digital experiences. They now seek personalised and seamless online experiences, with such demands persisting even as economic activities return to pre-pandemic levels. New players, too, are disrupting the landscape in…

The increasing popularity of online payment systems results from the world’s gradual transition to a cashless and contactless digital economy — an economy, projected in a recent Huawei white paper, to be worth $23 trillion by 2025. With digital commerce emerging as the largest segment in the projected $8.49 trillion global digital payments market in 2022, it’s not surprising that businesses are investing heavy capital in integrating this functionality into their operating platforms. Credit cards…

When Forbes took a mid-2022 look at the state of global cyber security, one highlighted statistic was a real showstopper. Elsewhere, a study has found that ransomware now affects 1-in-40 organisations every week – a 59% year-on-year increase. In just one recent example from the news, the insurance broker Verlingue reported that a cyber attack (not stated as related to remote working) had cost the business £363,161, mitigated by cyber insurance cover to a net…

A growing number of organizations are looking to the cloud and cloud services to help evolve and accelerate their digital transformation plans. But why is this? What benefits do cloud services offer over self-hosted and self-managed infrastructure? 1. Faster time to market As digital transformation is rapidly altering the competitive landscape across organizations and industries, customers expect more, better, and faster applications and services. Organizations have to be agile and respond to new requirements and…