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 […]
By Aly Dabbous, EFG Hermes IT The FinTech landscape is evolving very rapidly in Egypt, and with that evolvement comes winners and losers. Startups will cause disruption for incumbents, but they will be limited in what they can achieve due to regulations, resources, and competition from bigger, more dominant financial institutions. Meanwhile, incumbents may enjoy […]
How can SCF businesses survive the new reality? Authors: Jakub Zalio, Project Director at CODIX Luiza Buserska, Corporate Communications Executive, CODIX We are already living in a new business reality, driven by a number of unprecedented global events. One of them has been the COVID-19 pandemic, which has reshaped the way businesses interact with customers […]
We’re all waiting for the ongoing pandemic and the associated uncertainty, anxiety, and fear of the unknown to end so we can go back to what life used to be. However, “we’re never going to go back to normal” seems to be the most often repeated phrase by everyone these days, people at work, politicians, and business leaders alike.