Blog

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....
02/03/2018
Artificial Intelligence is on the cusp of becoming an indispensable component of our daily life. From virtual personal assistants on smart devices, such as Siri and Cortana, to automated customer support service, AI (artificial intelligence) already serves millions of users.The banking sector will also be affected by advancements in artificial intelligence. Recent reports suggest that AI will revolutionise the ways financial institutions...

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