Technology

Philip G Heasley, President and CEO, ACI Worldwide

Digital Payment: India needs competition, cost, convivence and confidence to succeed

Indian News       Jun 18, 2019

  Mumbai: The Indian industry is rapidly adopting technology in payment system primarily through mobile wallet apps and now various APIs, said Kaku Nakhate President and Country Head (India), Bank of America N.A stated.   Many banks including Bank of America  independently or in partnership have developed...

Do your Facebook posts have God references? You are 15 times more likely to have diabetes

Facts       Jun 18, 2019

  WASHINGTON: Your Facebook posts may help identify conditions such as diabetes, anxiety, depression and psychosis, say scientists who suggests that language on social media posts with patient consent could be monitored just like physical symptoms.  Using an automated data collection technique, the researchers from University...

Facebook to unveil new cryptocurrency; Visa and PayPal among partners

International News       Jun 17, 2019

Facebook is set Tuesday to unveil a bid to bring cryptocurrency payments into the mainstream, reportedly with the endorsement of governments and financial giants.   The world's biggest social network is expected to outline details of a virtual currency launching next year that it hopes will...

Boeing CEO concedes 'mistake' with planes in 2 fatal crashes 

International News       Jun 16, 2019

  The CEO of Boeing says the company made a ``mistake'' in handling a problematic cockpit warning system in 737 Max jets before two deadly crashes of the top-selling plane.  Chief Executive Dennis Muilenburg told reporters in Paris on Sunday that Boeing's communication ``was not consistent''...

Uber, Lyft appeal for deal on driver status as independent contractors

International News       Jun 14, 2019

Faced with legislation in California that endangers their business model, Uber Technologies Inc. and Lyft Inc. are urging a compromise that would keep their drivers from being considered employees.   “We can make independent work better if we update century-old employment laws,” Uber Chief Executive Officer...

ACORD launches solution to digitise insurance lifecycle End-To-End

International News       Jun 13, 2019

  Pearl River,New.York: ACORD, the global standards-setting body for the insurance industry, today announced the launch of ACORD iConductor, a comprehensive global data exchange service. It operationalizes the industry-backed ACORD Standards to transform, orchestrate, and validate all bureau and non-bureau messaging data. Using APIs and next-generation...

Microsoft launches AI digital labs in India, to train 1.5 lakh students

Indian News       Jun 13, 2019

New Delhi: Tech giant Microsoft June 13 said it will launch AI digital labs in the country in collaboration with 10 higher educational institutions, including BITS Pilani and ISB.   As part of the three-year programme, Microsoft will support the select institutions with infrastructure, curriculum and...

Singapore’s new IP insurance initiative to support innovative enterprises enter global markets

International News       Jun 13, 2019

  Singapore: The Intellectual Property Office of Singapore (IPOS), Lloyd’s Asia and Antares Underwriting Asia today announced a new initiative to support innovative enterprises as they enter global markets. Called the Intellectual Property Insurance Initiative for Innovators (IPIII), it will give innovative enterprises insurance coverage for...

``Tech and cyber dominate insurers’ horizon scanning of business risks''

Articles       Jun 13, 2019

  Technology risk, cyber risk and change management have been pinpointed as the three biggest concerns for insurers across the globe, according to a poll of more than 900 senior industry experts.   The Insurance Banana Skins report, published by the Centre for the Study of Financial...

Uber to unveil next-generation Volvo self-driving car

International News       Jun 12, 2019

  Uber Technologies Inc on June 12 will unveil its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers under some limited conditions.   Uber said the new production XC90 will be assembled by Volvo Cars in Sweden and have human...

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