Contactless payments set to double by 2024

Covid-19 has given contactless payments technology the boost it needed for widespread global adoption, as consumers worldwide started avoiding cash in fear of spreading the virus. According to data presented by BuyShares.co.uk, contactless payments are expected to...

Fintech app usage up 61% year-on-year

The use of fintech apps has increased more than 61% since the pandemic started last year, demonstrating how the virus has changed the way people manage their finances. This is according to James Green, deVere Group’s divisional manager: Europe, who notes:...

Obituary: NASA astronaut Michael Collins

NASA astronaut Michael Collins, one of the crew members on Apollo 11, died yesterday (28 April 2021). Acting NASA Administrator Steve Jurczyk issued this statement: “Today the nation lost a true pioneer and lifelong advocate for exploration in astronaut Michael...
SA workers willing to retrain as unemployment fears grow

SA workers willing to retrain as unemployment fears grow

South Africans are more willing to retrain for new jobs as they look toward the aftermath of the pandemic. This is among the findings from a new study by Boston Consulting Group (BCG) and The Network, including local partner organisation CareerJunction. In South...

Smartphone sales see Q1 recovery

The pace of recovery for the smartphone market accelerated in the first quarter of 2021 (1Q21) with 25,5% year-over-year shipment growth. According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone...

Ransomware recovery cost more than doubles

The average total cost of recovery from a ransomware attack has more than doubled in a year, increasing from $761 106 in 2020 to $1,85-million in 2021. The average ransom paid is $170 404, according to a new Sophos report, “The State of Ransomware 2021”....