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Tag Archives: Digital Transformation

Infographic: virtual reality as an effective learning tool

Each year, new developments and approaches change how we interact with the world and each other. This year, the evolution of virtual reality (VR) in education is starting to redefine how VR can be used as an effective learning tool. Video: 5 2020 financial intelligence trends Infographic: using communication apps …

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8 infographics showing the future of the global economy

The global economy can sometimes be hard to understand due to the sheer size of it and the complexities that drive it. Take a look at these eight infographics that outline the future of the global economy as it relates to: technological innovation, the evolution of money, the landscape of …

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2019 to be a big year in FinTech

FinTech has taken center stage in the financial world. In 2019, it is expected to become even more prominent in a number of ways: RegTech – compliance, complexity, cost and bureaucratic processes have always stifled the development of the finance industry. But the development of RegTech (regulation technology) is benefitting …

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2019 looks for be yet another lights-out year for FinTechs

2018 was a strong year for FinTechs, with the market cap of the Matrix FinTech Index growing 50 percentage points and far outpacing incumbent financial service giants and the S&P 500. Looking ahead to 2019, FinTechs should continue to steal the show by creating innovative tech-enabled products, providing access to …

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China’s FinTech model and why the West won’t catch up

China has embraced FinTech solutions as ways to make their lives easier, with one-stop shop apps allowing nearly half a billion people to access a dizzying array of financial services. Meanwhile, the West seems relatively stuck in a world of plastic and paper. Here are five reasons why FinTech solutions …

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FinTech lab to be created in Uzbekistan

The first FinTech lab in Uzbekistan was announced at the ‘Open Innovations in the Banking Section’ session of the International Press Club. The FinTech lab will focus on facilitating the creation and testing of new FinTech technologies and products as well as foster an atmosphere of cooperation between technology suppliers, …

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Infographic: 10 FinTech trends to watch in 2019

Global investments in FinTech have more than tripled since 2014, amounting to over USD 12 billion. Given this incredible growth, here’s a look at 10 key FinTech trends to keep an eye on in 2019.  5 mistakes that cause FinTech startups to fail 8 infographics showing the future of the …

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Video: 10 strategic technology trends in 2019

From blockchain and artificial intelligence to quantum computing and augmented analytics, here’s an overview of 10 strategic technology trends that are helping to bring the virtual world and the real world together in 2019. Video: opportunities and risks with bigtechs entering the financial sector How generations Y and Z are …

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10 must-read books on IoT

The internet of things (IoT) is here to stay. In fact, the global IoT market is projected to be valued at more than USD 1.7 trillion in 2019, connecting 20.35 billion devices. In order to better understand IoT, its value and its expected impact, here are 10 must-read books to …

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IoT, AI and robotics to drive digital disruption, fuel growth

KPMG’s recent research study Tech Disruptors Outpace the Competition, a study based on interviews with 750 global technology industry leaders, found that the internet of things (IoT), artificial intelligence (AI) and robotics are seen as likely drivers of digital disruption in the coming years. Here are the key insights gained …

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Finance sector ripe for IoT disruption

The impact of the internet of things (IoT) on the retail sector has been significant, with retailers that deploy IoT solutions receiving an immediate competitive advantage; however, the retail sector is just the beginning of how IoT will forever change our lives. A number of other sectors are also primed …

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“Box” vs. “platform” IoT solutions: which is better?

Many companies around the world are waking up to the reality that the internet of things (IoT) is rapidly becoming a necessary component to have for any business that wants to grow. However, many don’t know how to get started. While a create-it-yourself IoT solution is possible, it is likely …

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2018 IoT Intelligence Market Study

Dresner Advisory Services examined business interest in the internet of things (IoT) as part of its 2018 IoT Intelligence Market Study. The Study also examined key related technologies such as location intelligence, end-user data preparation, cloud computing and analytics. Key insights gained from the study include: Sales, marketing and operations …

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IoT-powered transformation in the financial sector

The internet of things (IoT) has brought the financial sector to the forefront of digital transformation. Even the CEOs of both JP Morgan and Goldman Sachs have described their organizations as tech companies rather than financial institutions. The main innovation of IoT is that it allows for real-time data flow …

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Asian financial market benefits greatly from IoT

The internet of things (IoT) is transforming financial markets around the world, and Asian banks and insurers are benefitting greatly. According to a study by market research firm ReportsnReports, the size of the global IoT financial services market is set to grow from USD 249.4 million in 2018 to USD …

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lifecell building IoT infrastructure in Ukraine

Mobile operator lifecell has begun building the first segment of its internet of things (IoT) project in Ukraine, making use of LoRaWAN technology to do it. LoRaWAN is a data transmission technology that covers a large area and allows for fast data transfer between gadgets. The first stage of the …

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Sberbank joins IoT consortium

Sberbank has joined the Competence Center consortium, which is focused on wireless communications and the internet of things (IoT). The purpose of the Competence Center is to: Initiate IoT research Implement new scientific developments in business Facilitate the production of products and services Develop industry standards and educational programs The …

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Taking the internet out of IoT

SoftBank has completed the first-ever connection test in a commercial environment for non-IP data delivery (NIDD). NIDD allows users to transmit data to internet of things (IoT) devices without allocating an IP address. Not using an IP in transmission greatly reduces the risk of being subjected to a malicious attack, …

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State of IoT in Kazakhstan

In Kazakhstan, the internet of things (IoT) has been long-discussed. The state has even assessed the importance of this sphere, developing 9 fundamental standards in 2015 and 2016 as well as taking on several IoT projects. The state, through its choices in both standards and selected projects, has determined that …

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American company bringing IoT solutions to Uzbekistan

The American company Teoco is bringing internet of things (IoT) solutions to Uzbekistan and helping the country use technology to become “Smarter”. Previously, Teoco had worked in Mumbai on the ‘Smart City’ project, which placed sensors and cameras around the city and integrated them with social networks as a way …

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