In 2017, the United Nations General Assembly declared 27th June as Micro, Small and Medium-Sized Enterprises Day (MSME Day) recognizing the economic and social contribution of these enterprises, which account for 90 percent of firms, 70 percent of jobs, and 50 percent of GDP, worldwide. So, it was a matter of great concern that MSMEs, … Read more
The financial services industry has one of the highest rates of insider data breaches, costing on average $21.25 million in the past year alone. Whether it’s an employee acting with malicious intent, or through accidental data mishandling, staff have access to sensitive information and systems that make them a constant vulnerability. And this threat only … Read more
The cost-efficiency potential of the cloud is attracting banks and financial services companies to ditch their legacy platforms and modernise their systems with cloud technologies. This would have been unthinkable even a few years ago, but we’re seeing the beginning of a new era for the industry as traditionally faced stiff competition from neo-banks and … Read more
Account to Account: The Next Big Thing in Payment Options While contactless payment took years to gain momentum, most people now cannot imagine life without it, and it accounts for over a quarter of all UK payments. Adoption takes time, but several “hygiene factors” make a new payment method more likely than others to become … Read more
For almost half a century, scientists across the world have put significant efforts in building quantum computers and were looking at use cases for wider adoption. Quantum Computing is a parallel computing system in nature, so it is of no surprise that it is gaining traction in a wide variety of businesses, especially in the … Read more
Have you considered the impact of unsettled trades on shareholding reporting? How hard can shareholding disclosure be? Just load your positions and see if you are over the threshold right? Not exactly! Depending on where the securities are listed, different jurisdictions impose different requirements on the reporting of trades and the differing rules for buy … Read more
As the tourism industry finally begins to make a full recovery from COVID-19 and its resulting travel restrictions, there have recently been fresh worries that brought on by the conflict in Ukraine could effect the progress made by travel and aviation companies, triggering a fresh period of industry stagnation. In this article, I’ll explain how … Read more
The observation that “The international nature of fraud is not just on the rise, rather it is endemic” sums up the future of Fraud in a compelling and disquieting manner. There are no simple answers. Imagine in Victim’s Narratives, from the year 2032, “her bank refuses to accept any liability”. This suggests over the next … Read more
There are lots of factors to consider when choosing payment solutions for your business. Finding the best payment service provider for your specific needs is crucial to your company’s success, as they will help you to develop a secure, reliable, and suitable payments flow and experience, to convert and retain customers and maintain a good … Read more
The mainstream acceptance of the cloud as a practical deployment option presents new opportunities for financial services institutions, especially for community banks. A decade ago the cloud was reserved for edge applications like CRM and HR, but today deposits and lending solutions can be offered effectively, efficiently, and securely in the cloud. The State of … Read more