Article: Banks enhance UX by accelerating investment in digital technologies

Money, Open Governance

Banks enhance UX by accelerating investment in digital technologies

The pandemic has accelerated digital transformation in banking, leading banks to faster adopt new digital delivery models. The rise of neo and digital banking became the new normal, with an emphasis on mobile banking services.

Adoption of artificial intelligence (AI) across many different operational areas in banking is constantly gaining ground. Financial institutions appear to be very active in engaging AI in a spectrum of services, ranging from sales and credit scoring to behaviour prediction and fraud detection.

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Article: Understand Buyer Motivations to Build More Opportunities

Innovation, Open Source, Open Space

Understand Buyer Motivations to Build More Opportunities

We are at a tipping point in the U.S. economy following the coronavirus pandemic that caused severe economic disruptions over the last year. However, the most recent projections from the U.S. Congressional Budget Office are encouraging. And, Gartner predicts that worldwide IT spending in 2021 should increase by 6.2% over the previous year.

These predictions help those of us delivering consulting and services feel more comfortable about the future, but this growth will depend on customers making investments. For the partner ecosystem, customers will want help deciding what to do next, and where their enterprises should focus. It will be an even more competitive market for everyone.

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Article: How API attacks are hamstringing mobile healthcare apps

API, Open Infrastructure, Open Source

How API attacks are hamstringing mobile healthcare apps

The Covid-19 pandemic has accelerated the use of mobile healthcare apps and virtual care. Due to that, the personal health data of millions of individuals is being exposed through the Application Programming Interfaces (APIs) used by mobile health (mHealth) applications, according to a recent study published by Knight Ink and cybersecurity firm Approov.

Several widely-used mobile health apps have basic security flaws that could leave them vulnerable to attacks, whereby the processing, transmitting, and storing of a lot of vital and presently valuable information – protected health information (PHI) – are being sold on the dark web. Knight partnered with mobile security company Approov to hack 30 mobile health apps to highlight the threats they face through APIs.

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