Blog

21/03/2018
Introducing new solutions through new technology almost always raises doubts in the professional world. Much like the concerns revolving around the safety of storing and managing data in cloud services.Cloud technology provides banks with a platform where they can consolidate their data and share it across all departments of their bank. It solves problems in banks where there is a lack of communication and coordination between departments, and...
16/03/2018
Technological growth and development has been relentless in the past two decades, especially in China. Through financial investments and vested interest from both public and private sectors, the biotechnology industry has drawn the attention of many Chinese scientists and engineers.The biotechnology industry aims to increase the amount of  life-science parks in China. Life-science parks are essentially communities located near universities...
14/03/2018
Although teenagers are not usually a profitable population segment, they are easily dismissed by financial institutions. Banks did not invest enough resources in targeting Millennials, but as this demographic is gradually becoming profitable they are most likely banking with a competitor.The lesson from this is that banks should invest time in building relationships with younger generations or they risk missing out on developing brand preference...
09/03/2018
Google enters the payment marketplace, as a direct competitor with Apple Pay and Samsung Pay. Uniting all of its existing services, Google has announced that it is in the process of consolidating a number of services to enable payments. This includes Android Pay and Google Wallet, which will be united under a single brand, Google Pay.This payment solution allows individuals to use any card saved on their Google accounts, including Google...
07/03/2018
Wearables garnered considerable traction over the last few years, as the new ‘it’ gadget for fitness and health. Single-purpose portable fitness devices gradually gave way for the development of a niche market, where technological innovations facilitated the development of gadgets like smartwatches.Digital innovations in gadgets are paving the way for a revolution in banking, as portability and convenience are now at the forefront....

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