Virtual bank cards are set to take businesses across a new digital frontier, improving banking safety parameters while offering a convenient payment experience. Lauren Deva, Pillar Head for Commercial Transactional Pillar at FNB Commercial, says the move towards virtual cards in South Africa is an essential one for the digital transformation journey of businesses. Moreover, it coincides with the phasing out of cheques, which are no longer accepted as a valid payment method. With that in mind, here are 7 key benefits of Virtual Cards for businesses: Businesses can easily facilitate business-to-business payments. The Virtual Card removes the need for individual corporate cards as it can be safely used by multiple people and the CVV constantly updates. Considerably reduces the risk of on...
The COVID-19 pandemic has ushered in ample opportunities by accelerating the digital transition of tasks that were once considered mundane. In recognition of the importance of this, almost all players in the insurance sector are digitising – some more seamlessly than others. Here are eleven of the digital trends we have seen and expect to continue seeing: Self-service claims processThe biggest digital transaction in this space is people tracking the progress of their claim. They want to be able to do so on a self-service basis. Clients are seeking smooth administration processes. Quoting new business onlineBeing able to quote for new business online has become the norm. There’s tremendous pressure to keep pace with customer expectations or lose prospective clients. Farewell to legacy syste...
/* custom css */ .tdi_3_d65.td-a-rec-img{ text-align: left; }.tdi_3_d65.td-a-rec-img img{ margin: 0 auto 0 0; } As the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless tap-and-go payments and online shopping. As stores closed and social distancing took hold, retailers worldwide moved their businesses online, embraced eCommerce and explored the potential of new ways to pay. More than a year later, research from Mastercard shows that the adoption of new payment technologies is rising, and consumer appetite for new, fast and flexible digital experiences continues to grow. Looking to the future, digital currencies, mobile wallets, wearables, biometrics, contactless and QR codes are trending as emerging payments technologies as people’s c...
5G is already having a huge impact on smartphone users worldwide and what they expect the technology to deliver in the future, according to the Five Ways to a Better 5G report from Ericsson. Research shows that increased awareness of service and value benefits could have resulted in 22% more smartphone users with 5G-ready handsets upgrading to 5G subscriptions while one-in-five 5G users are already reducing Wi-Fi use on their phones indoors because of the benefits of 5G mobile connectivity. 5G is also beginning to trigger new user behaviours. In addition to reducing Wi-Fi use, early adopter 5G users also spend an average of two hours more on cloud gaming and one hour more on augmented reality (AR) apps per week compared to 4G users. However, while 5G users are satisfied with the ...
Three of football’s biggest superstars have retained their places in the top 10 list of the world’s highest-paid athletes. According to Forbes, Lionel Messi, Cristiano Ronaldo and Neymar are raking in massive amounts of money every year. Messi and Ronaldo have swapped places on this year’s list, but they lag miles behind Conor McGregor’s $180 million annual earnings. However, while the big two have seen their income increase over the past 12 months, Neymar has suffered a slight reduction. Sportslens takes a look at the three high-earning footballers. Lionel Messi – Barcelona – $130 million Messi has edged back in front of Ronaldo in the standings, pocketing a staggering $130m to claim second spot on the list. A lucrative lifetime endorsement deal with adidas helps to keep Messi’s bank bala...
The Ballon d’Or is arguably the most prestigious individual award in modern football, celebrating the beautiful game’s best player from the previous year. Now it is worth noting that the Ballon d’Or is not the be-all-and-end-all of football. It’s often biased towards those who shine in the Champions League. Media hype, big moments, and trophies won usually take precedence in the voting over individual performances. In fact, all Ballon dOr winners since 2007 has either won the Champions League or been the competition’s top goalscorer, and all since 2007 have reached at least the semi-finals stage. With no obvious standout, however, this summer’s international tournaments could be decisive. Lionel Messi and co. will compete in the Copa America, while Europe’s finest battle it out at the Euro...
Following a 2-0 defeat at home to Burnley, Fulham’s relegation from the Premier League was confirmed. The euphoria of August’s play-off final victory over local rivals Brentford seems like a distant memory, having sat in the relegation zone for all but four weeks of the season. Their failure to convert draws into wins has cost them dearly. They have the joint-fewest victories in the league this season with five, while only Brighton & Hove Albion can outdo their 12 draws. Here are five crucial games in Fulham’s season. Fulham 0-3 Aston Villa Grealish strikes early to give Fulham the lead It was a worrying start for Scott Parker’s side, who had lost their opening two games against Arsenal and Leeds United, conceding seven goals in the process. Perhaps the last thing they needed was a vis...
Ransomware attack trends continue to evolve, and the current iterations are no exception. During the last year, malicious actors have attacked healthcare organisations, medical trials, schools, and shipping agencies. Considering the impact these modern attacks can have on organisations everywhere, no matter the industry, security professionals must always be ready to secure their systems, networks, and software in new ways. And according to a recent FortiGuard Labs global threat landscape report, ransomware remains a prolific threat that increased in 2020 and is set to more disruptive. With that in mind, here are eight ways to create a strong ransomware mitigation strategy: Continuously providing employees with updates on new social engineering attack methodologies so they know w...
One of the most important parts of avoiding compromise is understanding how cybercriminals may attempt to gain access to your critical data, reveals Renee Tarun, VP of Information Security at Fortinet. He goes on to say that attack techniques continue to evolve and become more sophisticated, giving cybercriminals a vast toolkit to use to exploit users. Here are seven techniques to look out for: Social engineering attacks: Attacks such as phishing through emails and texts, where users are tricked into providing their credentials, clicking on malicious links or attachments, or going to malicious websites. Dictionary attacks: Attacker uses a list of common words, called the dictionary to try to gain access to passwords in anticipation that people have used common words or short pass...
Traditional work culture expectations are undergoing a paradigm shift, owing to the COVID-19 pandemic. According to a recent study, more than half of South Africans (53%) prefer the option of working from home at least once a week. Now more than ever, businesses need to foster a digital culture that encourages employees to engage and succeed regardless of where they work from. Here are five tips for building a strong and resourceful remote workforce: 1. Build a transparent communication system /* custom css */ .tdi_3_0e6.td-a-rec-img{ text-align: left; }.tdi_3_0e6.td-a-rec-img img{ margin: 0 auto 0 0; } Trust and transparency are the two major pillars of healthy team culture, and both thrive on communication. Ensure that every person in the team is aware of what’s going on in the company a...
Over the last few years, the number of users encountering targeted ransomware – malware used to extort money from high-profile targets, such as corporations, government agencies, and municipal organisations – increased by 767%. With that in mind, here are 6 things you can do to defend against ransomware attacks: Assume you will be hit. Ransomware remains highly prevalent – no sector, country or organization size is immune from the risk. It’s better to be prepared, but not hit, rather than the other way round. Make backups and keep a copy offline. Backups are the main method organizations surveyed used to recover their data after an attack. Opt for the industry-standard approach of 3:2:1 (three sets of backups, using two different media, one of which is kept offline). Deploy layered protect...
Mobile phones these days aren’t merely for entertainment and conversations. It has also made a lot of things more convenient for many users, including trading. Trading via smartphones allows easier access to your account and more benefits any time of the day regardless of your location. Because of this, you can get more opportunities that will help you grow your money. In fact, because of this, you can indulge in the market 24/7. Apps can also have various features that will help you trade better and have a better experience depending on your needs. With such apps, you won’t need to analyze big overwhelming charts. You can also take advantage of trend indicators and oscillators. However, it’s so easy for beginners to know where to start as numerous forex trading apps appear left and right ...