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Rowan Brewer, CEO at Paymentology, said: "Banks and fintechs are racing to provide customers with digital and data-driven features. They are highly receptive to working with a single issuer-processor that can provide that, across the globe. People want to be able to pay with a virtual card – sometimes online, sometimes tapping their phone –but everything, digitally. "

HE Al Jaber says: "The first three industrial revolutions contributed to strengthening global GDP. They also helped increase average life expectancy and multiplied average global income 15 times. We are currently witnessing the dawn of the Fourth Industrial Era, as 4IR technologies begin to advance the industrial sector and enhance its contribution to driving global growth and prosperity."

Computing an enterprise’s breach likelihood leverages technology that is not alien to the BFSI sector. Machine learning-enabled predictions are already being deployed in insurance, employee welfare and customer experience. A large online payments system uses deep learning, algorithms, multi-class models and more to sieve fraudulent and genuine transactions by deriving actionable insights from their story-model analysis.

When carrying out a payment via a smartphone app, the user has to authenticate the transaction using either one of the iPhone’s built-in biometric authentication features, or punch in a PIN code, reducing the threat of relay attacks. However, in May 2019 Apple introduced the “Express Transit/Travel” feature that allows Apple Pay to be used without unlocking the phone.

Antelop Solutions, a financial technology business that enables financial institutions to issue secure digital credit and debit cards to their clients, was acquired by Entrust in a formal agreement. Entrust can assist banks and financial institutions worldwide develop integrated, seamless digital and physical financial card and payment experiences for consumers by combining Antelop's solutions with the Entrust card issuing portfolio.

On the launch, Mohd Noordin Pendosina N Lomondot, Ambassador from the Republic of the Philippines Department of Foreign Affairs, said, "The launch of the very first ePassport Renewal Centre in Kuwait marks an important milestone for the Philippines Department of Foreign Affairs. Through our partnership with VFS Global, we extend our reach to the Filipino community in Kuwait."

The eCommerce market in MENAP is growing at an exponential rate, according to the report. In 2020, 47% of customers predicted that they would buy online more regularly in the coming year. In 2021, about 83 percent of respondents indicate they'll keep or even increase their present level of eCommerce spending through 2022, indicating a permanent shift in consumer behavior.

“We are proud to partner with VFS Global to provide unmatched convenience to our members and employees for their visa and passport requirements. Through this joint initiative, we offer Indian and Philippine residents an additional avenue to renew their passports. It also helps residents of Najran as they can apply from a comfortable location,” said Mohaimeed Saleh Al Salem.

His Highness Sheikh Mohamed bin Zayed Al Nahyan, tweeted, “The launch of our new economic campaign aims to secure the UAE’s position as one of the strongest global economics over the next 50 years. Our nation will build on its entrepreneurial achievements to reinforce its status as a prime destination for talent, expertise & investments.”

Through this new, Capital aims to instill a sense of responsibility and commend the medical heroes who have showcased extraordinary courage while combating the novel corona virus. The higher education institution acknowledges and supports its efforts by granting a bursary worth up to AED 15,000. Ranging from undergraduate programs to doctorate, vaccinated individuals needs only their vaccine card as proof.