Impressive penetration of digital payments
A few days ago, I went to pick up my son from his hospital in the morning; he was finishing his night duty. We decided to have tea from the…
Tag: Digital
“If you are on social media, and you are not learning, not laughing, not being inspired or not networking, then you are using it wrong.”
Can memes revive political satires and cartoons?
Humour is the foundation of a cartoon and it is its limitation. Attempts to rationalise humour in terms of today’s utilitarian social structure probably explain why political cartooning, and the genre of cartooning as a whole is a dying art. In a fast-paced environment such as the internet, memes emerged as a one-dimensional satirical illustration; they don’t engage with the issue and, therefore, their moral message and practical impact are limited.
Shocking! A child bride auctioned off on Facebook
Facebook has come under fire for a “barbaric use of technology” that allowed the sale of a child bride to be held on its site.
A PM brought down by a font
You may have sent an Outlook email to the wrong person or accidentally opened an embarrassing PowerPoint during a meeting, but for Pakistan’s Prime Minister Nawaz Sharif, one of Microsoft’s products became a real problem. He has been forced to resign after he was disqualified from office by the country’s top court.
Digitalization of Banking
Despite several opportunities, banks face pressure from both external and internal forces that hinder full-scale digitalization. The complexity and width of digital initiatives vary upon infrastructure, customer preferences and policy framework of the region.
Right to disconnect
Aside from well-being, experts say that employers should consider the effects digital exhaustion can have on workers’ productivity, which could impact the bottom line. There is certainly more research to be done, and perhaps once the French law is in place, we will have the makings of a real world “experiment.”
Moving towards a cashless society
Cash plays an important role in our modern economy, particularly among the poor, and every step forward towards cashless future should be with great caution, keeping the poor section surviving solely on informal economy included in the transition process. The digital transformation of cash is a cost savings to the entire financial ecosystem. From printing to cash management to physical infrastructure to securing and dispensing of currency, cash is very expensive. Government must think out of the box to pass these savings to consumers as incentives to embrace digital transactions.
Hackers program ATMs to spew cash
As ATMs have become ubiquitous, so too have attacks that turn these automated tellers into robotic thieves. In July 2016, a group of masked cyber-criminals cashed out 34 ATMs operated by the First Commercial Bank, one of Taiwan’s largest banks. Criminals had collected more than 83.27 million New Taiwan dollars (US$2.6 million) in cash — without using ATM cards. The criminals did not physically damage the ATMs, nor did they use skimmers or bank cards.
