The term ‘Cloud computing’ refers to using network or remote server hosted on the Internet to store, manage, and process data. Generally, the cloud service market is divided into three segments: Software as a Service (SaaS), Platform as a Service (PaaS), and, finally, Infrastructure as a Service (IaaS). Platform as a Service provides customers…
Read More
The Car Connectivity Consortium has recently announced digital car specification for smartphone. The CCC is dedicated to cross-industry collaboration in developing global standards and solutions for smartphone and in-vehicle connectivity. The first standardized solution (Digital Key Release 1.0) is designed to let drivers download the digital key onto their smartphones. The Digital Key specification will…
Read More
Due to PSD2, 2018 has become a game-changing year for bank customers, fintechs, and the entire banking sector in Europe. The implementation of the new directive enables bank customers to use third-party providers to manage their finances. Thus, companies like Google, Apple, and Amazon gain access to consumers’ bank accounts and are able to build…
Read More
Due to continuing growth of the Internet and mobile app usage, we have reached a point at which we don’t really know who has an access to our personal data. Europe’s General Data Protection Regulation that took effect last month is changing how businesses and public sector organizations can handle customers’ personal data. The Regulation…
Read More
AI technology drives the development of voice banking. Already now bank customers can easily accomplish simple tasks using voice commands. Banks are thus moving closer to their customers, while data safety and IT security have the highest priority. According to Statista, smart speaker adoption continues to climb. In the U.S., one in five Wi-Fi equipped…
Read More