Banks are facing a stern challenge to their security credentials as account takeover fraud becomes commonplace. The time has come to move beyond security systems based on usernames and passwords towards more high-tech solutions such as face-based authentication and biometrics.
Account takeover fraud takes myriad forms, but the results are typically financial losses for the individuals and a loss of confidence in their bank.
Gym chain Virgin Active has over 160,000 members across Italy but its vast geographic dispersion poses challenges to staff who need to work together. By way of response, the company has built a cloud-based collaborative infrastructure, reorienting its entire employee culture.
The traditional car purchase could soon be a thing of the past. According to the consultancy firm PwC, by 2030, shared or autonomous vehicles will be responsible for up to 37 per cent of mileage driven globally. The era of cars on demand is here, and manufacturers must respond now.
In the last two years, luxury car manufacturer BMW has dramatically broken with tradition in an effort to reduce reliance on vehicle sales. The German company has been growing ReachNow, a program described as ‘Airbnb for cars’, which allows people to rent BMW vehicles from owners without all the typical costs. Rentals are made on demand via a peer‐to‐peer app. Ford and General Motors have created similar services.
The potential application of virtual and cross reality in enterprise is enormous, particularly when visual and engaging experiences clinch sales.
As a result, the real estate industry will see some of the biggest growth in its use, given its need to demonstrate what properties will be like to walk around and live in, before they are built. Its normal practice remains remarkably low tech, with sellers promoting properties with glossy brochures and generally quite basic information. The same is true for architects and interior designers wanting to demonstrate their ideas much better.
Embedded SIMs (e‐SIMs) are poised to transform the ways in which businesses manage their assets in the field and how they onboard employees, giving a strong competitive edge. Meanwhile, device manufacturers can differentiate themselves substantially by incorporating e‐SIM based connectivity into their products.
e‐SIMs offer obvious benefits for consumers, including easier device setup and enhanced experiences with network operators and phone/device manufacturers, as well as access to a range of small, robust and secure Internet of Things (IoT) connected devices.
The term “digital workplace” is bandied around much like “big data” and “cloud computing” have been. But, as with those technologies, when you dig below the hype, you find it does offer very real benefits.
Having a digital workplace means allowing useful on-premises and mobile technology to automate tasks, empower effective working, and improve collaboration and crowdsourcing of ideas across teams — regardless of location.
Consumers are increasingly using frictionless payment methods, from contactless to in-app and voice-activated. But before these new ways to pay become the norm, people need to be comprehensively reassured of the benefits.
Despite the pace of innovation in frictionless payments, which ease the buying process by removing manual steps, cash and other established payment methods remain remarkably widely used.
The easier it is for consumers to pay, the more likely they will complete their purchases. Biometric payment cards with fingerprint recognition allow what was previously impossible – cards that are ultra quick to use, yet have powerful security.
Consumers have multiple payment options, from cash and cards to phones and mobile wallets, QR codes and peer-to-peer (P2P) payments. Cards and digital payments focus on convenience, yet PIN codes and passwords often slow down transactions and frustrate buyers, and contactless payments can only be made up to a certain value which varies by market.
The automotive and technology industries are rapidly developing self-driving cars. But while these vehicles are expected on UK roads within three years the legal frameworks for liability and data privacy remain far from ready, says leading global insurance law firm Kennedys.
Car insurance may have operated essentially the same way for many years, but it faces a new complication in the form of self-driving cars. In an accident, questions abound whether it was the fault of the autonomous system or the driver, how it can be determined whether the car was manually driven or automated at that moment and if the system had been tampered with or hacked.
In any public sector organisation, chief information officers (CIOs) are appointed with significant expectation. They come under pressure to effect wide transformation, but this is nearly impossible when government operational models are typically inflexible.
“Any newly appointed CIO needs to quickly demonstrate high effectiveness and influence,” says Neville Cannon, research director at Gartner. “To succeed they must resist and manage transformation hype before they can effect successful change.”
A selection of articles, reports and other content.