Source: CFO Tech Outlook
A whirlwind of technology and business model creativity is reshaping how customers make payments and how companies accept them. Major technology companies and electronically-based start-ups have introduced dozens of new services and products that challenge existing bank-controlled revenue pools, payment networks, and merchant acquisitions.
In most nations and among each consumer group, this revolution appears to escalate. Payment companies will have to accept the chaos and face the consequences. By face-to-face challenges, well-prepared and flexible merchant acquirers can turn the disorder to their benefit.
There are causes for encouragement, despite the obstacles. Transactions are a large…
Source: CIO Applications Europe
Bring Your Own Device (BYOD) has become a trend amongst enterprises, with many employees using personal devices at workplaces worldwide. It can provide several key benefits to enterprises and better appeal when it involves hiring and retaining employees. However, with these benefits involves increased security risks. If left unconsidered, BYOD can cause data breaches and increased liability for the organization. Below are the simplest practices for preventing BYOD data breaches.
• Creating a BYOD policy
Given the rising risks that private devices can bring back the workplace, it’s never an honest idea to ban them from…
CFOs are generally considered to possess multiple faces that include being an operator, a steward, a catalyst, and ultimately a strategist. The orientations draw better clarity to the role of being a strategist and restore the capacity of a corporation to restructure and implement the new strategy. There are a couple of critical orientations which will help the CFOs to balance the strategy procedure.
When it involves being communicator, the CFO and therefore the nondepository financial institution got to support the strategy development of the business. they will lend their helping hands to the business leaders in analyzing the…
Dealing With Customer Complaints — CIOReview
Customer Service is very crucial for a business, because without the support of customers, our business can never grow. Nowadays people are very active in internet and social media and thus they are expressing their thoughts, anger and complaints against your business more freely. No matter how well you treat your customer, at some point you’ll always receive a customer complaint.
A business owner’s ability to effectively deal with customer complaints provides a great opportunity to turn dissatisfied customers into active promoters of the business. Here are some tips to handle customer complaints
There is a lot of buzz around artificial intelligence (AI) and machine learning (ML) technologies in the digital space. Whether we notice it or not, we use these technologies at least once our daily lives. Many companies have started using AI and ML tools to enhance their cybersecurity solutions. AI, ML, and other emerging technologies like deep learning (DL) play a major role in shaping modern cybersecurity solutions. With the hype of these technologies at its peak, let’s try to unravel these technologies:
Artificial Intelligence: AI is the intelligence exhibited by machines, in contrast to the natural intelligence displayed by…
As part of a new scam, Scammers are using subscription renewals to access victims’ computers and their personal information as per Enterprise Security Magazine.
The scammers will contacts the victim, advising them they have a subscription pending that is about to be automatically renewed and that will cost the victim a couple hundred dollars. Most of the time they’ll be requesting your payment card details as proof of identity and age, then retaining those details to draw monthly payments from your account. …
Receiving email spam submissions are often extremely time-consuming and something many domain owners affect . it is time to require preventative precautions to filter out the rubbage and specialize in the rich leads.
There are many reasons why having spam emails cloud your inbox but it takes some time & effort faraway from qualified leads and people that genuinely got to get in-tuned with you.
If you don’t take the time to wash up/stop spam submissions you run the danger of injuring your brand’s reputation if these corrupting messages find yourself on the frontend of your website for brand spanking…
Financial fraud is a never-ending fight. According to a recent estimate, overall card scams and fraud losses in the UK totaled €706 million in 2019, with remote transactions responsible for 76 percent of these losses. This isn’t shocking considering the rise of ecommerce, but after the pandemic, cybercriminals have become more involved, taking advantage of people who use digital networks to perform financial transactions.
The challenge for banks and financial institutions is to strike a balance between regulatory requirements and the need to protect consumers from the ever-increasing threat of fraud, all while maintaining a positive customer experience.
A distinguished panel comprising of CEOs, CIOs, VCs, Analysts, and the editorial board of CIO Advisor APAC has selected the Top 10 Ad Management Companies. The companies compiled in this issue have exhibited extensive business process knowledge, along with in-depth, integrated, and innovative strategies in the ad management space.
According to CIO Applications Europe, fraudsters are finding new ways to steal your identity. Compared to earlier years, the statistics have increased by eight percent. Despite the efforts by industries to minimize and remove the identity fraud, fraudsters have wholly taken over online tools and successfully hacked around 1.3 million victims’ data in 2017. Furthermore, with the increase in online financial transaction and development in mobile applications for processing their monetary needs, the complexity of fraudsters is also increased along with a rise in their criminal activities.
The card accounts remain as the most prevalent target for the hackers since…
Latest technology trends and happenings in various industries.