Author: Mohamed Sayed Fathy – Chief Information Officer, IT Department at EFG Hermes Holding Metaverse is the buzzword nowadays. The Google search engine states that the word “Metaverse” was one of the most searched terms during 2021. Does the Metaverse have real potential, or is it only a fad that will vanish soon? People started […]
Author: Kaf Change is coming…and insurers know it Digital transformation is gaining pace across all industries, with insurance now moving at a notably faster rate compared to its historic reputation as a dinosaur. As it faces digitalization, the industry is striving to remove pain points that will help their customers enter a new era of […]
Author: Mohamed Fathy – IT Department at EFG Hermes Over the last decade, cyberattacks have been among the biggest threats to financial institutions. Advances in technology have honed cybercriminals’ skills and techniques. They’ve also become more organized, forming groups that make it difficult for financial service providers to manage cybercrime risk. Losses from cybercrime are […]
Author: Mohamed Fathy – IT Department at EFG Hermes. Digital change is expected to be the next ‘Industrial Revolution’ in terms of size, effect, and doorways it opens for financial institutions — at least for those who show up for the revolution on time. Those who don’t are now facing the risk of not only […]