Cyberattacks across the world have drastically increased, while most of them don’t dominate headlines – such as the Adobe or Equifax breaches – hackers have targeted companies of all sizes seeing that business digitization is on the rise due to the COVID-19 pandemic. With the world transforming into a data-fueled reality, the risks become larger, […]
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As the world preps itself for a second wave of Covid-19 and vaccine development continues, one cannot deny the hardships humanity has faced this year. Businesses of all shapes and sizes struggled, economies slowed, and people were overworked from the comfort of their own homes. But if there’s one thing that defines successful entrepreneurs and […]
Professors from The Stephen M. Ross School of Business at the University of Michigan (Michigan Ross) published a study on stc Group’s successful transformation journey into the digital era. The study is titled “Transforming Culture in the Kingdom: How ‘stc’ Focused on People to Compete in the Digital Age.” In just six years after launching […]
As technology, internet penetration, and digitization are on the rise with the rapid emergence of the fifth generation of mobile networks, it’s fair to say that almost anyone is susceptible to cyberattacks. Charity and non-profit organizations are no exception; with incidents including, funds being stolen, data breaches, phishing attacks, and criminals mimicking charity websites to […]
Deal allow telcos to monetize user data, ethically. Swiss real-time data experts, Streamr, today partnered with GSMA, the industry body for mobile telecom communications, to allow three mobile network operators (MNOs) to monetize their user data ethically. GSMA and Streamr will work together to deliver a technological accelerator programme to selected MNOs. The initiative aims […]
Timing has always been the catalyst to many inventions, ideas, businesses and the like; and more often that not, timing is underestimated as a key factor for the success of a startup. In fact, Bill Gross, the founder of Idealab, was stunned by his own research when he found that timing accounts for 42 percent […]
Financial services have always been the nervous system of the global economy, a critical system that must always provide effective and equitable services for social cohesion and enhanced development. While advancements in the Fintech industry have grown tenfold, the legacy 20th century business models in finance have grown out-of-date, with many not even adapting to […]
We can all agree that this year has witnessed unprecedented levels of disruption across all industries and human activity all around, and the financial sector was at the top of them. Banks all over the globe closed their doors, at least temporarily, experiencing slowdowns and hiccups due to the rapid spread of the Covid-19 pandemic. […]
The Republic of Sudan has officially joined the “Better than Cash Alliance,” a UN Capital Development Fund initiative, in an effort to encourage the use of digital payments. The move aims at facilitating urgent aid needed to fend off the Covid-19 pandemic within the country, while forming a more inclusive financial ecosystem for people that […]
Amid the increased number of Covid-related cyber-attacks, the cybersecurity market has become a fast-growing sector in the United Kingdom. Funding for cybersecurity startups has increased by 940% since the lockdown was enforced. London was for long considered the tech capital of the United Kingdom. However, the cybersecurity market has been seeing nationwide growth. According to […]