By KELVIN CHAN AP Business Writer LONDON (AP) — Britain plans to create a new watchdog to police big tech companies including Google and Facebook to counter their market dominance and prevent them from exploiting consumers and small businesses. The U.K. government said Friday that it’s setting up a “Digital Markets Unit” next year to […]
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GovTech is a new term that refers to the modernization and/or digitization of government services for better accessibility and efficiency of public services. A mouth full, but this suggests a need for governments to do what the private sector has been doing from the start: embrace and incorporate industry 4.0 technology. However, to do so […]
Telecom companies in Britain face hefty fines if they don’t comply with strict new security rules under a new law proposed in Parliament on Tuesday that is aimed at blocking high-risk equipment suppliers like China’s Huawei. The Telecommunications (Security) Bill tightens security requirements for new high speed 5G wireless and fiber optic networks, with the […]
eSIM or embedded SIM is a new terminology in the telecom world and a part of the SIM Card evolution making headway after the Nano-SIM, which was launched in 2012. The technology was released in 2016 with rollouts in the US and Europe. It was also introduced in Africa in the recent few months. eSIM […]
As more countries commence their respective 5G rollouts, businesses and customers alike are at the edge of their seats as they wait to get their hands on the latest devices that enable advanced 5G-powered services. While 5G’s long reach will touch almost every industry far and wide, the biggest beneficiary from it will be edge […]
As the Covid-19 pandemic wreaked havoc on businesses, countries, and global economies alike, bringing projects, funding, conferences, and travel to a screeching halt, the tech industry prospered and skyrocketed upwards. Digitization filled the air with everything from education, grocery shopping to remote working from home. The financial services industry, although under extreme pressure to meet […]
Telecoms operators are vulnerable to cyberattacks around the world, mainly due to their critical national and international roles in infrastructure and communication, while possessing heaps of sensitive data from their large clientele. Almost 43 percent of telecom companies have suffered from DNS-based malware in 2019 alone, noting that a staggering 81 percent of these companies […]
When sitting down to attend MoneyFest 2020, one cannot miss the level of sophistication the webinar offered; it was similar to watching a high production financial show that stretched out for days, allowing a seamless level of connectivity between the speakers and attendees. Hosting a plethora of experts, executives, and tech gurus from around the […]
Take a moment to look through the apps on your phone; what you’ll find are apps such as WhatsApp, Zoom, and Slack. Had these startups not come to life – shortly after the recession of 2008 – the world would have been a less productive, or worse, much lonelier place. These apps have allowed us […]
The global computational arms race has augmented the technologies far and wide, bolstering their capabilities, and opening up a plethora of possibilities for companies across industries. FinTech is no exception to this, specifically when narrowing our focus toward artificial intelligence (AI). Global AI in the Fintech market was estimated at USD 6.67 billion in 2019 […]