The future of banking is digital, and mobile banking will further expand in the GCC region, especially in the UAE, says Shayne Nelson, group chief executive of Emirates NBD Group. Speaking on the sidelines of World Economic Forum’s Annual Summit in Davos, Nelson tells Trends that customers are increasingly using mobile banking for remittance services…
I am sure most of us in the cyber-security community were happy to flip the calendar to 2016 for obvious reasons! Given what we witnessed in 2015, while cloud, mobile and IoT will continue to dominate the discussion in many boardrooms, it is actually security that should be close to the top of the priority…
Cybersecurity is becoming an increasing challenge for firms in the UAE. A third of them reported breaches in the past 12 months and an equal number felt it was a growing threat to their organization, a KPMG UAE Cybersecurity Survey shows. The firms that were hacked also said it took between two weeks to a…
Mark Zuckerberg did not donate $45 billion to charity. You may have heard that, but that was wrong. Here’s what happened instead: Mr. Zuckerberg created an investment vehicle. Sorry for the slightly less sexy headline. Mr. Zuckerberg is a co-founder of Facebook and a youthful megabillionaire. In announcing the birth of his daughter, he and…
The last time you communicated with someone, and that was just minutes or moments ago, it was most likely through a short text message, picture, quick voice recording, or through information found on the Internet. And the device you used was almost certainly your phone, what actually is a small, comfortable, powerful and undoubtedly sexy computer…
Many executives in Silicon Valley typically profess the desire to make the world a better place. The platitude is often accompanied by rich compensation packages. That’s why the creative giveback by Twitter’s boss, Jack Dorsey, stands out as a promising start for his second reign as chief executive. He is donating a third of his…
My workday is tied to fast digital information: a keyboard, a big glowing screen, an Internet connection, data in and data out, crises to handle, fires to extinguish. While I can make some changes to how I approach that workday, it’s almost impossible for me, for most of us, to escape the digital flows of…
Nearly a fourth of UAE residents go online to shop every week and more than a third do it between one to five times every week, a new survey by Network International, a payment solutions provider shows. Remittances, utility bills, electronic items and even high-end items such as property or cars were cited as the…
From the pressure to keep up with social media to the low-level irritation produced by a world in which something is always beeping or buzzing, technology can produce its own set of anxieties. But keeping your online life from driving you crazy isn’t enough; you can also harness your devices and platforms so that they…
Nearly two years ago, Facebook’s chief executive, Mark Zuckerberg, announced an ambitious effort to connect the world’s poorest people to the Internet. Mr. Zuckerberg’s vision — carried out with partners through an entity called Internet.org — encompasses a range of strategies, including lasers, drones and satellites beaming Internet signals down from the sky. But the…
