Singapore Has Switched to Digitization and it Will Likely Stay This Way from Now on

It has been recently reported that Future Forum surveyed people to ask how much of their current hybrid-work model would they like to change and go back to office routines before the pandemic, and more than 67% of the people said that they preferred this ‘new normal’ way of working an...

Thailand to Witness a New National Digitization Program

Thailand is collaborating with Cisco on a framework to digitize the country. The Country Digital Acceleration (CDA) program of Cisco will be overlooking the framework aimed at powering the country’s recovering economy.

Cisco announced this framework at a virtual meeting attended b...

RETAIL STORES LOSING OUT TO ONLINE SHOPPING; LIVE COMMERCE TO THE FORE

• The digitization of retail here has been forcing more and more people to shop online.
• At first, people were uncomfortable with internet shopping because they were much scared of paying for the product and receiving it after a week and at times not receiving it at all.  

Global Digitization in Lending Market is expected to grow at CAGR 9.0% from 2020 to 2028 due to digitalization in banking industry

Digital lending is a process of borrowing money from digital platforms without paperwork. It is a breakthrough in the lending and borrowing procedure without use of paperwork. Digitization is a huge revolution in the lending process, for tech savvy customers modern lending systems are helpful as ...

Digitization is basically helping the Goa government be able to track the liquor production, and boost the revenues

The excise officials, keeping the interface in mind, say that the records are now only saved for the posterity and the cutting of any scope for the fudging documents.

Amit Satija, the Commissioner of Excise, says that it is due the evolving interface that was initially designed in the y...

Spain's Banco Sabadell has agreed on a €1 billion (£852.5 million) digital transformation deal with IBM

Banco Sabadell in Spain has signed to a digital transformation contract with IBM for € 1 billion (£ 852.5 million) to upgrade its IT infrastructure over the next ten years.                     

The bank will move to a hyb...

Change in Indian consumption patterns affects its economy

CARE, a rating agency, conducted a study on FMCG production decline. Their report reveals that, in spite of low prices, 22 out of 36 products witnessed a declined. As per the report, items like bread, butter, buns, sauces, fruit juices, etc. belong to the low – production and low-inflation ...

The ever-evolving change and digitization

The pace at which change is taking place has never been faster, however, it will never be this slow again. This is an interesting line, and it has proven correct in digitalization in the last twenty years. Nevertheless, in attaining this mystic ‘digitalization’ has hardly ever been pa...

Fintech good for banking in the US

The banking sector has been changing In the United States and has been changing all over the world, and this is due to the rise of financial technology and the rise of a digital trend in the finance and banking world. The United States has been pretty behind on this trend, and this is the reason ...

Digital health care

The nation of Australia has been working on making its healthcare system better, and the efforts to make this happen are just rising and there has been significant improvement in the system and with the rise of digitization and technology the integration of digital tech with the medical and healt...

Speedbreaker for fintechs in banking

As the digitization is becoming more and more prevalent in all the sectors we are seeing a major change in the banking and finance sector where the new financial technology companies are overtaking the traditional banking systems which have been around for years and decades and are just being ove...

A new entry to the banking in the U.S

As the world moves towards digitization, the need for digital banking and financial services is also rising, and we are seeing a rise in the digital banking platforms that are being developed and used by the users all over the globe.

A major name in the digital banking sector has decide...

Policies being reformed

The Indian insurance scene has been seeing mixed signals as the general insurances rise but life insurance is seeing a decline in popularity as well as sales and premium. The consumers are not buying insurance so as to avoid high premiums that the companies levy and not give the returns when requ...