Global transaction value of instant payments is expected to surpass $27.7 trillion in 2026, from just $4.8 trillion in 2021, according to a new report published on Tuesday. The report was published by U.K.- based Juniper Research, an analyst house specializing in digital technology market research, revealed that the growth percentage will amount 470 percent. […]
Hala Turk
Hala is a journalist and an editor with experience in the news industry. She enjoys writing motivational stories aiming to inspire people to overachieve.
A1 Telekom Austria Group granted on Monday to Scandinavian network equipment suppliers Nokia and Ericsson 5G contacts in Bulgaria, Croatia, Serbia, and Slovenia. This step follows the group’s purchase of a new 5G spectrum worth $16.59 million for its Croatian subsidiary A1 Croatia earlier last week. As for the geographical distribution between the two chosen […]
U.K.-based subscription service OnlyFans announced on Thursday its plans to ban sexually explicit content starting October. The platform enables creators to post different range of content and charge subscribers a monthly fee, however, it is best known for pornographic content. While the company will still allow their adult-content creators to post nude photographs and videos […]
U.S.- based audio chat app Clubhouse announced earlier this week safety measures to protect Afghan users living in the Taliban-ruled country. As the Taliban regained control in Afghanistan earlier this month, many residents tried to delete photos from their social media accounts and phones showing any connection to the West, or the former Afghan government. […]
Germany’s Hamburg privacy watchdog warned its government on Monday that the use of Zoom’s on-demand videoconferencing violates the EU’s privacy laws. Privacy advocates considered that the use of the U.S.-based service will lead to the transmission of EU data to the company’s hometown. “The transmission of data is said to reach the U.S., which violates […]
Facebook announced on Thursday new security measures for users in Afghanistan, as the Taliban regained control over the country after its government collapsed this week. “We’ve launched a one-click tool for people in Afghanistan to quickly lock down their account. When their profile is locked, people who aren’t their friends can’t download or share their […]
Chinese tech company ZTE and the Hangzhou branch of China Telecom, announced on Friday the completion of 300MHz 5G QCell verification in Hangzhou Olympic Sports Center, according to a joint statement. This deal aims to prepare for the 19th Asian Games Hangzhou 2022 that will be held from 10 to 25 September 2022. China Telecom — which is the official sponsor of the event — is expected to provide high-quality telecommunications networks in […]
Network provider and joint venture between two telecoms UAE’s du and Bahrain’s Batelco, Arc Solutions, announced on Tuesday that it has expanded its network to Bahrain in the digital business platform Global Zone. Global Zone — that is considered the region’s hub for data movement — is a carrier-neutral digital business platform based in Bahrain’s highly secure Tier III data center. It offers terrestrial and underwater cable […]
Mastercard announced on Thursday its plans to halt the issuance of cards with a magnetic strip by 2033. The global financial firm will have strip-less debt and credit cards in Europe starting from 2024, and across the globe by 2033, Mastercard declared in a statement. The company claimed that it will be the first payments network to phase out the technology, which dates to the 1960s. “Magnetic strip is reaching its expiration date with […]
Indonesian operator XL Axiata announced on Thursday their receival of a 5G network operating license from the country’s Ministry of Communication and Information, the company said in a statement. The announcement came after the local telco passed the required Operational Appropriate Test (ULO) that was carried out earlier this month to obtain its Operational Appropriate Certificate (SKLO). “Today, we together welcome XL Axiata which has just received Operation Eligibility Certificate (SKLO) for […]