Online payment fraud losses set to surge
A new study from Juniper Research forecasts that merchant losses from online payment fraud will exceed $362-billion globally between 2023 to 2028, with losses of $91-billion alone in 2028. A rise in e-commerce transactions in emerging markets is driving this growth....
AI sensor market to reach $41,17bn by 2030
The global AI sensor market size is expected to reach 41,17-billion by 2030, according to a new report by Grand View Research. The market is anticipated to expand at a CAGR of 43,6% from 2023 to 2030. The artificial intelligence (AI) sensor market has been...
Technology offers solution to skills crisis
Kathy Gibson is at the Mimecast Cyber Resilience Summit – The opportunity divide is possibly the biggest challenge to social justice. This is the word from Peter Bauer, CEO and co-founder of Mimecast, who adds: “At the same time, while we have a shortage of skills in...
Microsoft, Vodacom launch online education platform
Kathy Gibson reports - Microsoft South Africa and Vodacom have launched a jointly-developed online learning platform, which they believe is a first for the industry. William Mzimba, chief officer of Vodacom Business, explains that the connect digital education...
TymeBank a strong contender as FNB named top digital bank
FNB has achieved first place as South Africa’s Best Digital Bank, with a score of 81. Capitec placed second, with a score of 78. This is according to InSites Consulting South Africa’s ninth annual SITEisfaction survey that measures customer satisfaction with digital...
Covid-19 takes toll on printing market
Worldwide page volumes printed from office and home devices combined will see a sharp decline in 2020 as Covid-19 changes where and how work is done. New research from IDC forecasts total page volume will fall 13,7% in 2020, from 3,2-trillion pages in 2019 to...
Incidence of digital banking fraud increases
Robust mitigation strategies deployed by member banks and partners are showing results in terms of fewer incidences of crime. This is according to the annual crime stats for 2019 released by the South African Banking Risk Information Centre (Sabric). Digital banking...
China’s ‘big fill’ sets oil stocks record
IHS Markit estimates that China's crude oil inventories will increase by 440-million barrels over the first six months of 2020. This "big fill" dwarfs the largest ever six-month increase in US crude stocks to date which was during late 2014 and early 2015 when stocks...
New attack steals online shoppers’ payment details
Kaspersky researchers have uncovered a new technique for stealing users' payment information on online shopping websites - a type of attack known as web skimming. By registering for Google Analytics accounts and injecting these accounts' tracking code into the...
Converged systems market shows resilience
Global converged systems market revenue increased 4,5% year over year to $3,9-billion during the first quarter of 2020, according to IDC's Worldwide Quarterly Converged Systems Tracker. "The overall converged systems market showed resilience during a difficult macro...
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