According to the Association of Certified Fraud Examiners, organizations report an annual revenue loss of 5% due to fraud. In an era defined by digital transformation, where technology permeates every aspect of our lives, the convenience we've gained has come at a cost - the constant looming threat of cyber-attacks.
Cloud-based financial services, although offering scalability and accessibility, introduce a new layer of complexity for fintech brands. In the realm of cybersecurity, creating a secure and resilient platform is akin to mastering a grand piano. Just as a piano consists of thousands of intricate parts, cybersecurity demands meticulous attention to
Data Analytics reshaping the fintech ecosystem; an innovation that revolutionized the way we transact
Digital Payments have become an integral part of the consumer’s everyday activities. They are happening at every moment in the life of today’s mobile consumers as they are surrounded by digital products and services. From pay-per-use, subscription payments, invisible payments, credit/debit card transactions, one-click checkouts, mobile payments,
Cyber threats like APT (Advance Persistence Threat), Malware, hacking, phishing, ransomware, and distributed denial-of-service (DDoS) attacks have the potential to cause enormous challenges for organizations. Not only can companies suffer serious service disruption and reputational damage, but the loss of personal data can also result in huge fines from regulators.
The global digital payment market size is expected to grow from USD 89.1 billion in 2021 to USD 180.4 billion by 2026. The promotion of digital payments worldwide and the increasing penetration of smartphones are major contributors. Besides, the pandemic has accelerated the adoption of contactless and wallet
Driven by the trifecta of smartphone penetration, low-cost data rates, and higher incomes, the Indian e-commerce market was expected to grow to US$ 200 billion by 2026. Covid-19 has caused an inflection point for the e-commerce market in India. A Bain & Company-PRICE survey of 3000 households across income groups and
Before the invention of the steam-driven railways in the 1800s, mankind was dependent on animal pulled wagons to transfer goods. The Tanfield Wagonway in England, the first large-scale railway, used horses to haul coal-filled wagons from the mining village of Tanfield. On the lookout for faster and more convenient forms
Let’s start with the basics here. Traditionally, we followed Software Development Life Cycle, in short SDLC, a structured approach to develop quality software that meets customer requirements. With a rapid evolution in lifestyle, we moved to the Agile method which is one of the variants of SDLC to develop
With unprecedented growth in online transactions, it is no surprise that online fraud has increased. One of the major malpractices is identity theft. In a country like India which is striding towards the number one position in online shopping, the rise in this kind of fraud cannot be overlooked. Accessing