How FinTech can foster financial inclusion as our preference for cash wanes
Is cash dead? Not yet. The majority of people in most countries – roughly 75 per cent of the world’s population – still conduct most transactions with cash. Nonetheless, a massive transition to digital payments is under way. According to a recent survey by management consultancy McKinsey, 58 per cent of Middle East consumers strongly prefer digital payment methods, while only 10 per cent strongly prefer cash.
The Unstoppable Rise Of Fintech-as-a-service
Today, the technologies that fintech (financial technology) companies are rolling out are invariably in hot demand. Lending institutions seeking additional agility to deliver cutting-edge solutions are increasingly looking to new, nimble tech start-ups to advance their own business functionality, with innovative products and services such as digital-payment solutions, mobile banking, wealth management and insurance products among the most highly sought after.
AI is finally booming now that big data has become easy
We spent a lot of time talking about big data in the early 2010s, but much of it was just that: talk. A few companies figured out how to effectively put large quantities of highly varied, voluminous data to use, but they were more the exception than the rule. Since then, more companies are finding success with AI and other data-driven technologies. What happened?
Digital transformation: 4 excuses to leave behind
The pandemic made a strong case for accelerating digital transformation. Are any of these debunked excuses holding up your progress?
Blockchain and NFTs: How to make sense of crypto terminology
Cryptocurrencies such as bitcoin (BTC-USD) and ethereum (ETH-USD) are soaring in value and forecasted to reach new all-time highs. The latest bull run has caused interest in cryptocurrencies to rise from traditional and institutional investors.
Cybersecurity: A game of cat and mouse
For many years, cybersecurity has been a key priority for organisations. However, even with increased investments and advancements in technology, cybersecurity looks to remain a cat and mouse game.
How AI is Being Used in Robotics
Artificial intelligence (AI) is driving the robotics market into various areas, including mobile robots on the factory floor, robots that can do a large number of tasks rather than being specialized on one, and robots that can stay in control of inventory levels as well as fetching orders for delivery.
The Ethics of Artificial Intelligence (AI)
Back 1951, when Christopher Strachey launched his AI-driven checkers program at the University of Manchester in England, people were questioning the implications of human-mimicking machines. Today, depending on who is giving the answer, AI is either the key to driving society toward a peaceful, harmonious future or the biggest potential threat to humankind.
3 Biggest Mistakes Companies Make When Adopting Cloud Computing
To avoid these pitfalls, companies should think strategically and treat migration as an opportunity to optimize their resource utilization and application stack.
The Emergence of the Cloud in Marketing
One of the biggest trends of the last decade was the emergence of the cloud infrastructure that people and businesses have come to fully rely on. When businesses had to pivot to working from home, the rise of virtual work environments, shared folders and drives automatically skyrocketed. Offices that once stored file cabinets worth of work and information are now hosting it somewhere else — the cloud.
Are You an Aspiring Woman in Fintech? Here are 5 Tips from Industry Leaders to Help Your Career
t is an exciting time to be in the financial technology space. As the sector has gone from strength to strength, we are witnessing a distinctive move towards a digital society and leading fintech firms have become household names. Today over 70% of digitally active adults in the UK use a fintech service – well above the global average.
The green tech power list
As humankind faces its greatest challenge yet – how to combat the devastating environmental impacts of climate change – the need for new ideas to mitigate greenhouse gas emissions and pollution has never been greater.
How Small Businesses Can Leverage Its Benefits
The amount of data in the world is growing exponentially. By the time you finish reading this page, 90 million texts will be sent and received. 350,000 Instagram posts will be uploaded. 1.2 million Skype calls will be made. 21 million GB of traffic will be received on the internet.
Digital transformation in healthcare should not be carried out in isolation but rather as part of a wider business transformation
As with most other industries, healthcare has seen significant benefits from digital transformation (DX), with the adoption of new technologies helping to deliver secure, high-quality patient care and drive greater business efficiency
Why are there So Few Women in Cybersecurity?
The stepping stones for women in cybersecurity date back to the 1940s, when the computer industry was still in its nascent stage. Brave women dubbed as ‘code girls’ worked secretly in wartime intelligence during the World War II breaking codes for the Army and Navy. These women were the precursors of what we now call women in cybersecurity.