Search results for "covid-19"

Retailers brace for flood of returns from online shopping

A huge surge in online shopping during the pandemic has been a savior for retailers, but it comes at a price. Shoppers are expected to return twice as many items as they did during last year’s holiday period, costing companies roughly $1.1 billion, according to Narvar Inc., a software and technology company that manages online […]

KSA among top 20 FinTech ecosystems worldwide

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, […]

US close on deal with Pfizer for millions more vaccine doses

The U.S. government is close to a deal to acquire tens of millions of additional doses of Pfizer’s vaccine in exchange for helping the pharmaceutical giant gain better access to manufacturing supplies. A person with knowledge of the negotiations told The Associated Press on Tuesday that the deal is under discussion and could be finalized […]

The case for net neutrality

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 […]

Myth busting: Are contactless payments safe?

The COVID-19 pandemic has made us more inclined toward digital payments, shying away from the exchange of hard currency due to our newfound hygiene awareness; it is here that contactless payments have quickly become the new norm. In Europe, Germans are increasingly ditching cash for hygiene reasons, according to Initiative Deutsche Zahlungssysteme e.V, a payment […]

Hacked networks will need to be burned 'down to the ground'

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 […]

Saudi Arabia spearheads its digitization efforts

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 […]

Riding the African FinTech Safari

Over the past few years, Africa has become a hotbed for FinTech across the board, gulping up investments higher than any other sector on the continent. This is a natural occurrence, as 66 percent of Sub-Saharan Africa (SSA) remains unbanked, these innovative financial startups have mushroomed all over to meet the rising demand for financial […]

API-First : Automating and Accelerating Carrier-to-Carrier Interconnection

Network-centric businesses across the globe are adapting how they consume connectivity and transforming the way their partners interconnect and grow through network Application Programming Interfaces (APIs). Control is being placed back into their hands allowing them to create a solid foundation for faster, more agile and friction-free networking models that no longer limit innovation. Legacy […]

Video Conferencing apps likely to stay post-COVID

During 2020, millions of the world’s employees and students were forced to work and study from home during the COVID-19 pandemic, rediscovering one of the most consistently frustrating forms of modern technology: video conferencing apps. In the comfort of their own homes, from couches, recliners, beds and kitchen tables, people across the world have fired […]