Welcome to the INFORM Blog! Our staff utilizes this platform to share their knowledge and monitor trends across various industries. This thought leadership blog is not only designed to entertain, but also provide you with insights to help you make intelligent business decisions.
Every single day millions of consumers are making online payments to purchase goods on the web or manage their online banking accounts. The growth of e-Commerce and online banking has transformed money spending from traditional cash payments to digital information traveling around the web at the speed of light. New eCommerce technologies have broadened our markets and have made it more convenient for consumers to pay online for products and services with just a few clicks.
We are told that today we are living the age of Big Data, where information is abundant and smart technologies help us processing them. If there is an industry that can benefit from this golden age, it will be the insurance sector…
Insurance claims consume nearly 80% of insurance company‘s premiums in the form of payments, fraudulent losses, and processing costs. Therefore, insurance companies are justifiably concerned about optimizing the claims process but are often unsure about the most effective method to accomplish this.
Recently two international operating banks have faced severe malware attacks through their internal SWIFT messaging system. Attacks though malicious software is nothing new but the way criminals were able to gain access to the SWIFT network raises serious questions about cyber-security. We have asked INFORM’s cyber security expert Wiebe Fokma on his take on implementing measures to strengthen the systems' security.