The global mobile money market is expected to witness a CAGR of 21.4% during the forecast period of 2020 to 2030, according to a new research report released by FMI. Quick turn made by some of high potential economies with limited digital financial inclusion among masses to digitize payments has been a key enabler for mobile money. […]
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BERLIN (AP) — German payment service provider Wirecard said Monday it has concluded that two accounts that were supposed to contain 1.9 billion euros ($2.1 billion) probably don’t exist, deepening troubles that last week prompted the resignation of its chief executive. Wirecard AG was once regarded as a star of the growing financial technology sector, […]
By BARBARA ORTUTAY AP Technology Writer OAKLAND, Calif. (AP) — Did teens, TikTok users and fans of Korean pop music troll the president of the United States? For more than a week before Donald Trump’s first campaign rally in three months on Saturday in Tulsa, Oklahoma, these tech-savvy groups opposing the president mobilized to reserve […]
By TALI ARBEL and MICHAEL LIEDTKE AP Technology Writers Apple’s Friday decision to close stores in four states with surging coronavirus cases highlights a question that other businesses may soon face: Stay open or prepare for more shutdowns? Apple, like many other major U.S. retailers, shut down all of its U.S. locations in March. On […]
By KELVIN CHAN AP Business Writer LONDON (AP) — Britain scrapped plans to launch its own coronavirus contact tracing smartphone app because of technical problems and will now work on building one using technology supplied by Apple and Google, health authorities said Thursday. The app had been undergoing trials on the Isle of Wight, off […]
Blockchain or Distributed Ledger Technology (DLT) is a technology that brings transparency and security. The blockchain in the telecom industry is expected to grow from USD 46.6 million in 2018 to USD 993.8 million by 2023 according to a recent Markets and Markets report. Many telecom companies around the world are adopting blockchains including AT&T, […]
Finland’s telecommunications market has been open for competition since the late 1980s. Thus, the country became an international leader in telecommunications. Due to the Covid-19 pandemic, many countries have been postponing 5G rollout. However, last week was crucial for Finland as three mobile operators secured new 5G licenses. In 2018, Finland was trying to compete […]
Telefonica has already achieved one of its sustainability targets way ahead of its deadline. The company has now taken the impressive step of saying that it now plans to reach its target of zero net emissions in at least four main markets by the year 2030 – 20 years earlier than they had originally planned. […]
Amdocs is an international company founded in 1982 that specializes in software and services for communications, media and financial services providers and digital enterprises. The company helps service providers, communications agencies and financial service providers with modernizing solutions that involve digitization and automating systems and services in many industries. Mrs. Alla Goldner, Director, Technology, Strategy […]
According to a report from Columbia News, a new technology that zaps airborne viruses with a narrow wavelength band of UV light shows future potential for reducing COVID-19 transmission indoors. The technology is currently being developed by Columbia University’s Center for Radiological Research and it utilizes lamps that projects a particular, continuous low-dose wavelength of […]