Visa has announced that its AI-based Visa Advanced Authorisation (VAA) has helped financial institutions prevent an estimated $25 billion in annual fraud.
Editor's Picks, Technology, UAE
Telecom subscribers in UAE rise to 24 million: TRA
The number of subscribers to telecommunications services in the UAE, whether through mobile phones, landlines and the internet, rose to around 24 million during the first five months of 2018.1 6278
“Internet of Things critical to business growth”: UAE and Saudi firms
A majority of medium-to-large organisations in the UAE and Saudi Arabia believe that Industrial Internet of Things (IIoT) technologies will become critical to business growth for the next five years.
How Moro and Virtustream aim to accelerate regional digital transformation
Dubai-based data hub Moro and Virtustream, a Dell Technologies company, have recently partnered to deliver innovative cloud offerings to accelerate digital transformation in the region. Moro CEO Mohammed Sabunchi and Virtustream EMEA vice president Paul Duffy, discuss the bountiful opportunities that the new partnership will bring to the region.
New innovation hub for Russian tech entrepreneurs opens in Dubai
The Russian Centre for Digital Innovations and Information and Communication Technologies has recently opened at the Dubai Internet City (DIC).
Technology a key driver in enhancing employee productivity: study
Providing employees with the latest technologies for productivity will not only enable organisations to attract the people they need, but also keep them engaged and productive.
Saudi Arabia banking sector continues to grow as digitisation increase: report
Saudi Arabia’s banking sector saw positive results in KPMG’s latest “Embracing digital report,” the audit tax and advisory services firm revealed.
Drone photography now allowed in the UAE
UAE can now shoot videos and take photographs using drones in “permitted locations and at heights specified by the local authorities,” top officials have announced recently.
Data breaches and misuse to fuel demand for AI forensic experts: report
Trust in artificial intelligence (AI) and machine learning (ML) solutions is plummeting as incidents of irresponsible privacy breaches and data misuse keep occurring, according to a recent report.
UAE’s Emirates Post taps FarEye to accelerate delivery services
FarEye has achieved a new milestone following a winning a deal to work with Emirates Post, one of the largest post and parcel service provider in the GCC and Landmark Group.
Amazon overtakes Apple and Google as world’s most valuable brand
US retail giant Amazon is now the world leader in terms of brand value, eclipsing both Apple and Google, according to a recent report.