Due to the expanding utilisation of technology, the digital economy’s growth, and the enlarging fragmentation in the payment chain, safeguarding personal information has become a significant concern for both individuals, organisations and governments. Not only is it crucial to safeguard the privacy rights of individuals, but it also has significant implications for businesses, as data […]
On Wednesday, November 27, 2019 I experienced a scary spear-phishing cyber attack. Emotionally I was humiliated. I felt extremely vulnerable and violated. I felt helpless and deeply incapacitated. What is a spear-phishing attack? According to www.kaspersky.com, spear phishing is an email or electronic communication scam targeted towards a specific individual, organization or business. The purpose […]
Technology has given birth to a new era in banking that brings efficiency gains for financial institutions, improved access to services by consumers and fosters financial inclusion. In the field of payments, services are increasingly instant, 24/7 and globally available. Non-bank participants, meanwhile, are disrupting traditional intermediation. Artificial intelligence and machine learning are just two of the innovations promising to revolutionise financial services.