Imagine yourself as a bank executive, competing against a global, multi-service, low-cost, digital bank; customers checking their accounts via smartphones, paying bills or transferring money with a swipe of finger. An AI-powered engine allows them to play around with their ETF portfolios with absolutely no fees, or cross-border payments. Take a moment to consider facing […]
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Following the rollout of several vaccines around the world, the once lost idea of traveling, going to the movies and concerts, and in-store shopping – is being currently revived with the development of a vaccine passport application. Companies and technology groups already started developing systems and smartphone apps that permit users to upload their coronavirus […]
Japan aims to eliminate gasoline-powered vehicles in about 15 years, the government said Friday in a plan to achieve Prime Minister Yoshihide Suga’s ambitious pledge to go carbon free by 2050 and generate nearly $2 trillion growth in green business and investment. The “green growth strategy” urges utilities to bolster renewables and hydrogen while calling […]
Sweden will rely on itself to set up its fifth generation of mobile networks infrastructure, excluding Chinese telecom titan Huawei from the construction efforts. The decision was made following a nationwide poll that addressed advancing human rights and democratic reforms, with China as its highest policy priority. The Swedish Post and Telecom Authority (PTS) said […]
Saudi Arabia’s capital city, Riyadh, has been named one of the top 20 cities to watch for its high achievement and development within the FinTech space worldwide, according to a report by research organization Startup Genome. Bahrain and Riyadh were the only GCC-based countries that were mentioned in the report, with Silicone Valley, New York, […]
Humankind is slowly transcending into a new reality ushered in by the tidal wave of technological advancements that are developing on a day-to-day basis. The fifth generation of mobile networks, the Internet of Things (IoT), artificial intelligence (AI), virtual reality (VR), augmented reality (AR), etc.…; these techs and their acronyms could easily fill an entire […]
It’s going to take months to kick elite hackers widely believed to be Russian out of the U.S. government networks they have been quietly rifling through since as far back as March in Washington’s worst cyberespionage failure on record. Experts say there simply are not enough skilled threat-hunting teams to duly identify all the government […]
The COVID-19 pandemic has shifted our perspective on health and lifestyle; making people more aware of the need to learn about preventive care to reduce the risk of diseases, disabilities and death. According to studies, Europeans spend less on healthcare than the average American – not because of better self-restraint in resisting the urge for […]
The global COVID-19 pandemic burned through many brick-and-mortar businesses around the world, forcing their hand into making the digital switch to remain afloat as people went into lockdown. Despite economic repercussions, the crisis prompted stronger digitization efforts by private and public sectors; a move praised by Saudi Arabia’s Trade Minister Majid bin Abdullah Al-Qasabi. Al-Qasabi […]
Florida officials acknowledged Friday that state servers appear to have been compromised by overseas hackers who gained entry by imbedding malicious code into networking software from a Texas-based software company, SolarWinds. Two Florida officials who have knowledge of the matter but spoke on condition of anonymity because they were not authorized to speak publicly about […]