The world is becoming more and more digital as time passes, with finance services championing this transformation, especially with the increasing demand of contactless digital payments swooping in, as the global Covid-19 pandemic magnifies our need for them. Many central banks around the world are looking to create their own digital currencies (CBDC) to spearhead […]
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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 […]
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, […]
Vaccinating billions of people globally is no simple undertaking, but with a suite of industry 4.0 solutions at the forefront of global efforts, it can be done. Vaccines rely on an intricate logistics system called cold chain for safe storage and transportation. The only way to achieve equitable and timely vaccine distribution is for all […]
Governments and major corporations worldwide are scrambling to see if they, too, were victims of a global cyberespionage campaign that penetrated multiple U.S. government agencies and involved a common software product used by thousands of organizations. Russia, the prime suspect, denies involvement. Cybersecurity investigators said the hack’s impact extends far beyond the affected U.S. agencies, […]
For the last decade, the education industry has dabbled with emerging technologies in the hopes of slowly integrating them within their educational models. However, the worldwide COVID-19 pandemic took the sector from carefully dipping their toes into the technological stream and threw it headfirst into an unplanned experiment of online education to hold the fort. […]
While the worldwide Covid-19 pandemic has brought the world to a screeching halt, it has simultaneously accelerated the development and adoption of many technologies to mainstream use to lift the burden of our remote functionality. According to a new report by PwC, businesses around the world – particularly in India – have begun integrating various […]
Fear of automation has been present since the first industrial revolution, and as we slowly edge closer toward entering its fourth iteration, that very same fear has lingered and begun to creep up once more. Only now it has cozied up to another worthy ally that could unearth age old fears of job loss: artificial […]
Bias has always accompanied us throughout our journey in human history. It has ushered us into safety and steered us away from the potential dangers of the elements surrounding us, be them natural or otherwise. Yet, years, decades, and centuries later, humanity has stumbled into a gigantic faux pas in terms of how we apply […]
Recent research conducted by researchers from Queen Mary University of London and Leeds Beckett University suggests that UV light technology can be used to neutralize COVID-19 particles traveling through the air. This kind of UV light called ‘Upper room UVGI’ (UV Germicidal Irradiation) could then be used to curb the spread of the virus. Although […]