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Banks in the financial services sector cannot function in the digital age without Cloud technology. Many businesses are adopting Cloud technology because of its adaptability, dependability, and security as opposed to on-premise alternatives. By removing the burden of maintaining and updating systems, the Cloud also frees up banks’ time, money, and resources to focus on […]

Over the past ten years, there have been many technological improvements, from more straightforward banking options with mobile banking to comparatively easy transactions, investing, and borrowing solutions; every day, something new is available for everyone to explore digitally. FinTech commonly referred to as Financial Technology simplifies the management of many tasks that are part of […]

Application security was frequently neglected during the software development process. Testing typically wasn’t done until the very end. Unfortunately, when vulnerabilities were found at that point, engineers were forced to start over and rebuild a huge amount of code. This is changing as more businesses use the DevOps development technique to produce better software more […]

Business Intelligence (BI) software has been available since Siebel and IBM introduced the first set of all-inclusive BI solutions in the 1980s. But with the introduction of the Cloud, those solutions, at last, became accessible to small to mid-sized businesses, as the cost of on-premise installation and maintenance were unpalatable. The real value of employing […]

In the fintech industry, Cloud Computing has emerged as a new trend that has greatly impacted the needs of the financial sector and given it a huge potential to expand. Fintech is predicted to have a $124.3 billion global market by the end of 2025, with a compound annual growth rate of 23.84%. So why […]

With so many digital wallet options, Fintech Cybersecurity Risks like fraudulent transactions, extortion, denial of service attacks, and credit card fraud have increased. These cyberattacks are powerful enough to put the financial sector at systemic risk. Some of the most well-known cyberattacks the financial sector has seen to date have impacted critical economic infrastructures. These […]

The United Arab Emirates (UAE) is making considerable strides toward economic diversification. Startups and SMEs are expected to assume the role of the country’s future economic engine, as they already make up around 60% of the UAE’s non-oil GDP, and this percentage is anticipated to rise over the next few years. However, there is still […]