First 6G whitepaper from University of Oulu aims to paint picture for 2030 wireless landscape

In February, US president Donald Trump sent out a tweet which demanded the United States be at the forefront of emerging technology innovation amid a turbulent wireless industry landscape. In that month alone, aside from the ongoing Huawei saga, Verizon touted an edge computing solution as a way to reduce 5G latency, while

By James Bourne, 11 September 2019, 0 comments. Categories: 5G, Connectivity, Disruption, Europe, Innovation, Spectrum, Wireless.

How to resist cybercrime and an ‘Internet of Threats’ in enterprise finance

The presence of cybercriminal activity online is an everyday challenge within the enterprise finance sector. Cybercrime is now an established threat to corporations and their customers. It's largely due to IT security policies that are difficult to enforce and the under-utilisation of effective encryption.

Coupled with the challenges of cybercrime, financial service institutions now experience business model disruption from innovative Fintech startups and increasing regulatory oversight from legislation...

By David H. Deans, 05 September 2019, 0 comments. Categories: 5G, Disruption, IoT, Regulation, Research, Security.

Digital wallet transactions will reach $9 trillion by 2024: Exploring the forces driving this spend

The benefit of a digital wallet is that, for both online and offline transactions, it enables the wallet user to easily make secure, quick transactions, thereby removing the requirement for a plastic card -- or the need to enter bank account details for every online purchase.

For the 'unbanked' populace across the globe, the availability of a digital wallet and cryptocurrency on a mobile phone will provide a means of financial inclusion, both as an alternative to cash payments and as a way of...

By David H. Deans, 24 June 2019, 0 comments. Categories: Apps, Consumers, Disruption, Research.

How chatbots are delivering lasting benefits for the financial services sector

Ever since the advent of computer use by established banking and insurance organisations in the early 1950s, financial services has been a sector that generates an enormous amount of customer transaction data.

That's why they've adopted analytics tools for big data use cases, and it's why they've been one of the first sectors to pilot the deployment and applications of artificial intelligence (AI) systems.

AI chatbot market development

According to the latest worldwide market...

By David H. Deans, 05 April 2019, 0 comments. Categories: Apps, Customer Service, Disruption, Marketing.

SK Telecom and Deutsche Telekom team up in blockchain for identity play

MWC19 Compared to other technologies, such as big data, artificial intelligence and the ubiquitous 5G, blockchain is expected to have a lesser role to play at MWC Barcelona this year. Yet a few stories are showcasing this aspect - and one in particular from two of the telco industry's biggest players.

There's something of an irony in this reasoning. Previously, blockchain had not exactly made the biggest impression at Mobile World Congress because, well, it wasn't mobile. Of course, some initiatives are...

By James Bourne, 25 February 2019, 0 comments. Categories: Disruption, Operators, Security.

Why digital transformation requires people to change as well as technology

It's a proven fact, digital transformation is not possible in a large enterprise organisation where legacy middle-managers do everything within their power to resist any change to the status quo. A lack of culture change will typically result in no meaningful progress.

According to Gartner, a proactive and adaptive culture is a critical asset and some CIOs will likely play a role in establishing the right mindsets and practices within their organisations. Gartner predicts that by 2021, some CIOs will be...

By David H. Deans, 15 February 2019, 1 comment. Categories: Customer Service, Disruption, Industry.

Russia will unplug from the internet to ensure independence

In the coming months, Russia will unplug from the global internet as part of an experiment to ensure the nation can function without it.

A proposed law called the Digital Economy National Program would require Russian ISPs to ensure they’re able to operate if foreign powers isolate the country.

Organisations which maintain the international DNS system are based around the world, but none are based in Russia. That means, in theory, it would be possible for Russia to be disconnected.

International coalitions such as...

Iran-linked hackers launch cyberattack during US shutdown

As the US government’s shutdown extends into its 34th day, hackers linked to Iran have taken advantage by launching a cyberattack.

The shutdown over President Donald Trump's $5.6bn (£4bn) budget request for a border wall with Mexico is the longest in US history.

Without a budget passing, many government employees have been left unpaid and told not to come into work. That means critical IT systems are being left vulnerable.

A DNS-hijacking cyberattack has been launched on the US which experts...

By Ryan Daws, 24 January 2019, 0 comments. Categories: Disruption, Government, N America, Networks, Security.