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A key feature of blockchain is that allows smart contracts. A smart contract is a program that runs when defined criteria are met. This helps in automation of workflow or agreements. Smart contracts can be effectively used in financial transactions […]

RegTech or Regulatory Technology allows businesses to manage their compliances effectively. Businesses in the financial services will find RegTech highly beneficial. Financial service firms have significant regulatory and statutory norms to comply. Non-compliance can lead to serious problems. This is […]

In a cashless society, people use digital payment methods like credit cards, debit cards, mobile payments, online transfers, and cryptocurrencies. Physical currency is either significantly reduced or eliminated entirely stated Bahaa Abdul Hussein. While cashless societies are not the norm […]

Fraud prevention and detection is an absolute necessity for organizations of all sizes. Fraudulent activities are estimated to cause more than $3 trillion in damage to businesses yearly and can affect organizations at all levels. To combat this, companies increasingly […]

Crypto remittance is a method of transferring money from one country to another using cryptocurrency as a medium of exchange. In this process, the sender converts their fiat currency (such as USD or EUR) into a cryptocurrency like Bitcoin or […]

Virtual Reality is a simulated experience of a virtual three-dimensional environment. Augmented Reality is a hybrid interphase created by superimposing the computer-generated images with the real world. In combination Virtual and Augmented Reality (VR/AR) is used to bridge the physical […]