Digital technology is starting to overrun the entire financial services sector which leads many to believe that the companies within the industry, especially insurance companies and traditional banks, are already on the verge of extinction. Gartner, a research firm, revealed that their forecasts showed that as much as 80 per cent of the so-called heritage financial firms will be out of business in the next decade or they will be rendered irrelevant.
The report further explained that if established banking institutions and insurance companies continue to operate using 20th century process and operating models that they might be in danger of extinction. Heritage firms will have a harder time proving their relevance to the consumers as new players including fintech companies, international digital platforms and non-traditional players occupy a bigger share in the market. This will be made possible by the use of technology which will impact the economy as well as the business models that are currently used by the industry.
Gartner’s analyst, David Furlonger, said that digital transformation is as big a myth as process and mindsets followed by institutions in the industry. He added that it is important for established players in the financial services department to strike while the iron is hot using digital business models. It is their quest to create a digital platform or look for a niche products as well as services that they can capitalize on and sell to other platforms available.
A warning was then issued by the research firm seeing how many of the banks and insurance companies are not taking seriously the change that is brought by digital technology that could have quite an impact in the industry soon.
The beauty of emerging technologies like blockchain is that opportunities are created between parties that do not initially trust each other or do not know one another. Transactions are made possible without having an intermediary party that could affect the relationship between financial firms.
According to professional financial technology expert, Nadeem Shaikh Anthemis, blockchain technology will play a huge role for Ireland since it will impact various industries in the country including aircraft leasing, regulation, banks, insurance, funds and payments.
Hotels like 4 star resort in Pattaya are quick in adopting technology because they understand that customers expect a unique experience. Technology can make hotel operations more efficient and organized. Smart devices that are often referred to as Internet of Things (IoT) are rapidly multiplying because they provide a sense of luxury and modernity.
While it is important for the hospitality industry to adopt different technologies, they need to take into account the security of interconnected devices. It is bad for business if the experience of guests is disrupted by hackers.
Most connected devices were created without considering security. Some were built without basic security principles like the capability to change default passwords, authenticate devices and undertake security updates. The seemingly innocent devices can provide an open door to hackers that can exploit the vulnerability of the security system.
The hospitality industry must ensure that IoT experiences provided to guests are secure by being aware of the devices that are connected to the hotel’s network. After taking an inventory of the vulnerabilities, make sure that risks are mitigated. First generation products must be avoided and always purchase connected devices from reliable vendors that have gained a good reputation in the technology industry.
Hackers are undertaking creative ways to exploit vulnerabilities. Deciding on a connected device requires proper consideration on the risks it could pose in case the system is hacked. A tech-savvy employee or a disgruntled guest could take control of electronic door keys or the smart thermostats. These innocent devices usually lack strong security and can be harmful if they fall on the wrong hands.
Routine maintenance must also be performed on smart devices like changing default passwords regularly and updating the software of the device. Once compromised, all the connected devices must be immediately removed from the network.Collaborate with a third party expert to determine what went wrong.
If you book now at 4 star resort in Pattaya, you will enjoy exclusive offers and special deals. Aside from the standard amenities offered to guests like unlimited free Wi-Fi, shuttle service and welcome fruits & flowers, guests can expect 45% discount on the Citrus Suite.
Everybody will have his or her chance to experience death. What is saddening is leaving those you love behind forever. In your demise, your relatives will need to hire a funeral director in Sydney to arrange and prepare for your funeral, and this can be done immediately after your death.
To make your funeral arrangements, your relatives will need to consider four things:
- Paying so much for an unrewarding service
You always need to consider the expense of a funeral service. But the real priority is the value on how you have spent the money. Whether you’re opting for a $4000 or $14000 funeral service, if the experience is not worth the expense, you’ll probably have spent too much.
So, if you have chosen the right funeral director in Sydney, you can have a unique style of the funeral ceremony that everyone who loved the deceased can cherish. The funeral director can provide an exceptional funeral that makes your experience worthwhile.
- Feeling rushed at the chapel
In Sydney, you’ll find countless cemeteries with on-site crematories and chapels. However, the chapels are so popular that the scheduling system leaves every family rushed to end their funeral ceremony as another grieving family has reserved the chapel after them.
If you have chosen a good funeral director in Sydney, he or she will ensure the bereaved family will never feel rushed. The funeral service understands that saying goodbye takes time. So, you have the service not rushed until it’s time to bury all those good memories of the deceased.
- Making the ceremony beautiful and memorable
To ensure you have a memorable funeral service, the funeral director in Sydney will consult the bereaved family. They will focus on designing a service that celebrates the life that the deceased once lived. The funeral director will choose a venue and enhance it with memorabilia and flowers. They will choose a funeral celebrant to tell the story of the deceased. They will also help the bereaved family to choose products that make the funeral service memorable. And lastly, the funeral director will conclude the beautiful moment with a heartfelt farewell experience.
If you’re visiting Australia either for business or pleasure, you will need a comfortable ride to take you to your desired destination. The airport shuttle service will make this possible as it is fast, easy and affordable, rather than what other transport services can offer. Here you are offered the lowest rates than opting for share ride vans, private van transfers and sedans. All rides will ensure you are transported and delivered with convenience to your hotel or to and from airport terminals.
You can also consider international shuttle rides that are driven by professional drivers. They take you to your destination as quickly as possible and all for a reasonable price. Just as you’re visiting Australia, they will take you to your hotel, to the local airport, or to places you desire to see the various breathtaking tourist spots of the country.
If you’re new to Australia and is here on student permit, you can have yourself booked in an airport shuttle service to take you to your dorm near your school. If you have this shuttle ride, you ensure yourself that you are taken to your preferred destination conveniently and free from hassles. Your parents will feel secure and assured that there is someone to take you home safely. You’ll just need to book in advance with a shuttle service before heading to Australia.
If you check out major cities of Australia, you will find airport shuttle service that are dedicated to take you to major attractions of the country. They can also take you to the best hotels and resorts that are most convenient to your needs. To save on money, the service may be shared with other tourists. However, if you come in groups and want to go and see the attractions directly, you can always hire a private van.
To ensure that you’re only dealing with reputed airport shuttle service, check if they are trusted when it comes to accommodating worldwide passengers. You can do this by reading reviews and testimonials of those who have tried their services. You can also check their website for the types of ride they provide for their guests. Ask them a lot of questions that will concern your trip to Australia, and if they can respond well, then they may be your choice for the shuttle service.
It is given that Google is one of the most popular tech companies in the digital world. People who are looking for products like map illustrations go to Google to search for the item. However, in spite of its popularity, Google like other businesses also face challenges. Last Monday, the shares of Alphabet, the parent company of Google, dropped after a Wall Street Journal report regarding data privacy glitch.
According to the Wall Street Journal report, there is way for outside companies to be able to tap into the digital information of Google users but have not decided to share the information with the public. The Google discovery concerns Google+ service which was an unfortunate attempt to create a social media platform like Facebook.
Google discovered that in the last 2 or 3 years, outside companies can hook their apps to Google+ to access information of Google +users that were supposed to be private because it includes profile photos and birth dates. Yes, indeed, there is a similarity to the Facebook problem with Cambridge Analytica that took advantage of the loose rules of Facebook. Information was gathered from Facebook friends without their approval.
Even if Google+ is not Facebook, it was found out that a software glitch could potentially affect 500,000 of Google+ accounts. Meanwhile, it has not been determined whether Google+ information has been accessed with the software bug. If you will compare the potentially affected users of Google+ to Cambridge Analytica, it can be consideredas significantly small. Nevertheless, this is not an excuse to Google actions.
Even with the growing scandals about digital information, people have not learned the proper ways to make informed choices on how to ensure safety when using their internet-connected devices. People still choose to use social media platforms and other technology products and services. However, they do not agree to companies sharing their personal information.
Bird’s eye view maps or map illustrations are being used as marketing and promotional tools by cities and towns because of their effectiveness in eliciting the attention of people. Illustrated maps of a city or a landscape can be created as if the artist is looking at the city from the windows of an airplane.
Gamers all over the world rejoiced as PlayStation launches its “PlayStation Picks” on its store where players have the chance to buy games for cheap.
There are also some new games released in the same week, like Spider-Man as well as Shadow of the Tom Raider. These are two popular titles, not only among gamers, but also among movie buffs as well. However, even with these two new exciting titles being released at the same time with the massive sale at the PlayStation Store, many fans would still grab the chance to buy games for cheap, and for good reasons: many of these games are usually available at full price and even if gamers have no immediate plans of playing them, they can just buy the game while it’s on sale, keep it, and play it when they want to.
Many titles were put on sale, ranging from 50 to 60 per cent discounts. The discount depended on whether the buyer is a PlayStation Plus member or not. Some of the games were:
- Battlefield 1
- Battlefield 1: Revolution
- Battlefield Anniversary Bundle (Battlefield Hardline, Battlefield 1, and Battlefield 4)
- Bioshock: The Collection
- Borderlands: The Handsome Collection
- Burnout Paradise Remastered
- Detroit: Become Human
- Deus Ex: Mankind Divided Digital Deluxe Edition
- Diablo III: Eternal Collection
- Divinity: Original Sin Enhanced Edition
- EA Sports UFC 3
- EA Sports UFC 3 Deluxe Edition
- Far Cry 3: Gold Edition
- Human Fall Flat
- Human Fall Flat: Total Bob Bundle
- Hungry Shark World
- Just Cause 3
- Just Cause 3 XL Edition
- Life Is Strange: Before the Storm Deluxe Edition
- Mafia III
- Need For Speed
- Need For Speed Payback
- Slender: The Arrival
- Street Fighter V: Arcade Edition
- The Warriors
- The Witcher III: Wild Hunt (Complete Edition)
- Titanfall 2: Ultimate Edition
- Titanfall 2 + Battlefield 1 Ultimate Bundle
- Tomb Raider: Definitive Edition
- Watch Dogs 2: Gold Edition
- WWE 2K18
The sale went on for a week up to September 18 at 8:00 PDT.