#Number of Credit Card Users UAE
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UAE Online Loan Aggregation Industry Holds Potential 7x Revenue Growth By 2024. Will UAE Online Loan Aggregation Industry Stand On This Projected Figure? Ken Research
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1. With rich, diverse & unparalleled infrastructure, the UAE Loan Industry driven by high corporate loan demand.
Trends and Developments in UAE Online Loan Aggregator Industry
Lending majorly dominated by national banks with wide distribution network, occupying >90% of all banks credit disbursal.
With major investment in hydrocarbon projects & other infrastructure projects, credit demand by government has been rising & expected to further rise in future as well.
Traditional methods of lending (Friends/family) are still preferred choice for availing loans by people with below avg credit history.
Banks are undertaking consolidation activities thereby reducing number of branches, cash offices & promoting digital banking services.
2. Technological Evolution in UAE Banking Services.
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Adoption of Blockchain technology in enhancing “Know- Your-Customer” processes, useful in client onboarding, cross border transfers, payments & compliance reporting.
Tasharuk Platform: Launched by UBF to fight against cyber-attacks on banks. Platform enables cyber threat information sharing, identify threats & enhance defense systems.
Incorporating Artificial Intelligence in data analytics, combatting fraudulent activities & compliance improvement, further increasing focus on customer dealing & decision-making processes.
Increased penetration of virtual banking channels including Mobile (>85%), Online Banking (>90%), Branch/Call center (>90%) and ATMs (~100%).
Noticeable shift among customers to online medium for undertaking non-cash transactions of balance enquiries, fund transfers etc.
3. Housing Loan, one of the fastest growing retail loan segments.
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In 2019, average house price in Dubai decreased by ~12% reaching to ~AED 2.58 Mn, thereby, shifting from investor led market to owner-occupied market.
While borrower’s previously preferred fixed interest rates but with Fed Reserve Predictions (2019), noticeable trend was observed for variable rate schemes.
Customers rising preferences for loan providers/aggregators offering other benefits like property management services & post-handover assistance services.
Dubai is dominated by expat population (11 times of Emirati population), who are observed to be preferring indirect channels due to high documentation & eligibility requirements.
Current lending process in The UAE is partially offline; however; with advancements & relaxations in regulations could help in making the process online.
For more insights on the market intelligence, refer to the link below:-
UAE Online Loan Aggregator Market
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Top 5 Premium IPTV Service Providers 2024: Redefining Excellence in Streaming
In an era where entertainment is synonymous with streaming, choosing the right IPTV service is paramount. As we step into 2024, the digital landscape is dominated by five exceptional Premium IPTV Service Providers, each vying for the coveted title of the best. Let’s unravel the offerings of these top contenders, reshaping the way we experience online content.
Top 5 Premium IPTV Service Providers 2024:
#1. ForestIPTV
Key Features of Forest IPTV:
Pricing Plans: 4 pricing plans 1)$15/1Month 2)$25/3Months 3)$45/6Months 4)$65/12Months
VPN Friendly: Yes
Number of Channels: 10,000+
Geolocations: USA, Canada, UK, Europe, Caribbean Islands, Germany, Italy, UAE, All Countries…
IPTV location locked: Yes
Payment options for subscription: Credit Card, Payoneer, Paypal, TransferWise.
Supported Devices: Amazon Firestick, IPTV Box, Smart TV, IOS and Android Devices, Android TV, and Tablet, iOS, PC, Windows, Macbook, etc.
Free Trial: Yes — 48 Hours.
#2. NixonIPTV
Key Features of Nixon IPTV:
Offers latest VOD movies and shows with all kinds of Sports and Game channels including USA locals and entertainment.
Pricing Plans: 4 pricing plans 1)$10/1Month 2)$30/3Months 3)$50/6Months 4)$80/12Months
Simultaneous Viewing: up to 5 devices.
Offering 24/7 customer support is good and friendly.
MAG, EPG, and Enigma are supported by this service.
IP Location Locked: No.
VPN Friendly: Yes.
Payment options for subscription: Major debit card and credit card.
Supported Devices: Amazon FireTV Sticks, Android TV Box, Android Mobile and Tablet, Nvidia Shield TV, Google TV, Formuler Z, etc.
#3. PilotIPTV
Key Features of Pilot IPTV:
Most reliable IPTV services are available for News, Locals, Sports & VOD with working EPG.
Pricing Plans: 4 pricing plans 1)$15/1Month 2)$35/3Months 3)$55/6Months 4)$90/12Months
Worldwide service: USA, CANADA, UK, Caribbean Islands, South America, Africa, South India, French, Arabs, and more.
Support: 24/7 Friendly Customer Service.
IP Location Locked: No.
VPN Friendly: Yes.
Payment options for subscription: Visa, MasterCard, Payoneer, PayPal.
Supported Devices: Amazon FireTV Sticks, Android TV, Google TV, Android TV Box, Android Mobile and Tablet, Nvidia Shield TV, and PC.
#4. TwITIPTV
Key Features of TwIT IPTV:
Pricing Plans: 4 pricing plans 1)$12/1Month 2)$30/3Months 3)$50/6Months 4)$80/12Months
Streaming Quality Up to 4K.
Separate Categories for sports and PPV events.
Works with or without a VPN.
Multiple connections were available.
Not IP Bound.
EPG Available.
7 Days Promised Refund.
24/7 Customer Services.
#5. StriveIPTV
Key Features of Strive IPTV:
Over 10,000 channels and most of the channels are in HD quality.
Pricing Plans: 4 pricing plans 1)$15/1Month 2)$25/3Months 3)$45/6Months 4)$65/12Months
premium options available
Compatible with popular IPTV Players.
Support: 24/7 Customer Service
Payment options for subscription: PayPal, Visa, MasterCard.
Supported Devices: Amazon FireTV Sticks, Android TV, Google TV, Android TV Box, Android Mobile and Tablet, Nvidia Shield TV, and PC.
Other Providers:
1. StreamMasters Pro: 4K Pinnacle Leading the pack is StreamMasters Pro, setting the standard with unparalleled 4K streaming excellence. Boasting an extensive channel lineup and an intuitive interface, it caters to those who demand a cinematic and immersive viewing experience.
2. VisionaryStream Elite: Cutting-Edge Entertainment VisionaryStream Elite secures its place with cutting-edge features and real-time updates. A rich library of on-demand content ensures users stay ahead of the curve, offering a dynamic and ever-evolving streaming experience.
3. QuantumView UltraHD: Global Content Diversity QuantumView UltraHD stands out for its commitment to global content diversity. With an extensive array of international channels and a comprehensive on-demand library, it caters to a diverse audience with varied tastes.
4. EliteConnect Pro: Tailored Streaming Experience EliteConnect Pro puts the power in the viewer’s hands with a user-friendly interface and advanced customization options. This provider allows users to curate their channel packages, providing a personalized streaming journey free from buffering woes.
5. LuxStream Platinum: Premium Sophistication LuxStream Platinum defines elegance in the streaming world. With a sleek interface and carefully curated content, it delivers a premium streaming experience tailored for those who appreciate sophistication and top-notch service.
Choosing the right Premium IPTV service involves considering factors such as content variety, streaming quality, user experience, and device compatibility. These top 5 providers not only meet but exceed these criteria, promising a seamless and enjoyable digital entertainment experience.
As we navigate the vast world of streaming options in 2024, these Premium IPTV Service Providers stand out as beacons of excellence, redefining how we consume and enjoy online content. Embrace the future of streaming with these top contenders and elevate your digital entertainment experience. 🌐📺 #IPTV #Streaming2024 #DigitalEntertainmentRevolution
#iptv subscription#iptv#iptv provider#iptv service provider#best premium iptv service#premium iptv service#premium iptv
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Navigating the Resurgence of Travel: Unveiling the Complex Landscape of Fraud and the Role of KYC UAE KYX Platform
In the wake of 2022, the travel industry is experiencing a robust resurgence after a significant downturn during the COVID-19 pandemic. However, this revival is accompanied by a pressing challenge — an upswing in fraudulent activities. Criminals are exploiting various vulnerabilities, including identity theft, loyalty program rewards, and the inherent chaos of the holiday season, to engage in illicit activities.
The Fraught Nexus: Identity Theft, Loyalty Program Exploitation, and Travel
One of the prominent threats faced by the travel industry is identity theft, a peril amplified by the revival of travel in 2022. Criminals target travelers, seeking to exploit stolen personal information and loyalty program rewards. These ill-gotten rewards are often sold on the dark web or converted into tickets, creating a lucrative market for fraudsters. Travel companies must take proactive steps to protect their customers from identity theft. This includes implementing secure online payment systems, using authentication procedures, and enforcing proper use of customer accounts. Additionally, travel companies should educate their customers on the importance of protecting their personal information.
Additionally, the ease with which thieves can pilfer credit cards, debit cards, and PINs from unsuspecting travelers poses a significant risk. The holiday season exacerbates these threats, with overcrowded airports, flight delays, and late arrivals providing fertile ground for identity theft, account takeovers, and various forms of fraud. Travelers should be vigilant in protecting their information, including their credit card numbers, passwords, and PINs. They ought to utilize robust passwords and implement two-factor authentication whenever feasible. Additionally, travelers should be aware of any suspicious activity on their accounts and report any suspicious transactions to their respective banks or credit card companies.
Industry-Specific Challenges: Airlines, Car Rentals, Hotels, and the Sharing Economy
Fraud within the travel industry is pervasive, affecting airlines, car rentals, hotels, and the sharing economy. Airlines, in particular, are attractive targets due to the high value associated with both tickets and miles. Criminals exploit vulnerabilities in loyalty programs, compromising accounts and stealing valuable rewards.
Car rentals, representing high-value assets, must be safeguarded against theft. Hotels, although not typically involved in secondary market transactions, are susceptible to fraudsters who take over accounts and utilize stolen points to book rooms or pose as unauthorized travel agents.
A Solution Tailored for Modern Travel Fraud: KYC UAE KYX Platform
In the face of these evolving threats, combating modern travel fraud demands sophisticated solutions. Enter the KYC UAE KYX Platform, a first-class solution designed to provide an exceptional user experience while simultaneously fortifying businesses against the onslaught of criminal activities.
This cutting-edge platform from KYC UAE is strategically crafted to keep criminals at bay, offering a comprehensive approach to identity verification and fraud prevention in the travel sector. As the travel industry continues to recover and adapt to the new normal, the KYC UAE KYX Platform emerges as a reliable ally in the ongoing battle against fraud.
Get to Know Your Traveler: Building Trust in Travel and Hospitality
For those navigating the intricate landscape of modern travel, the guide titled "Know Your Traveler: How to Establish Trust in Travel & Hospitality" serves as an invaluable resource. Delving into best practices for preventing fraud during the holidays and beyond, this guide sheds light on the importance of establishing trust in an industry fraught with potential risks.
In the UAE, where the travel industry is a vital component of the economy, KYC UAE's suite of solutions becomes indispensable. From KYC and AML solutions to KYT and KYB services, the comprehensive offerings cater to the unique needs of the UAE region, ensuring robust customer onboarding processes and bolstering defenses against fraud. KYC UAE's solutions also help businesses comply with local and international regulations, protecting them from potential fines and legal risks. Additionally, they enable businesses to quickly identify risky customers, allowing them to make informed decisions and reduce financial losses.
Conclusion: Safeguarding the Future of Travel
As travel experiences a renaissance, safeguarding the industry's future necessitates a proactive stance against fraud. KYC UAE, with its KYX Platform, emerges as a beacon of security, providing a shield against the multifaceted threats that accompany the resurgence of travel. Informed by the guide's best practices, the industry can collectively work towards establishing trust in travel and hospitality, paving the way for a secure and resilient future.
#compliance#kyc#kyc compliance#kyc solutions#kyc and aml compliance#kyc api#kyc services#kyc verification#digital identity#kyc uae
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Fashion Shopping Online in UAE: The Ultimate Guide
Are you ready to step up your fashion game in Dubai and the United Arab Emirates? Do you wish to experience their different fashion scenes, from classic abayas to current streetwear and couture, while purchasing safely and wisely online? We've got you covered with our guide to navigating the world of online fashion shopping in UAE and upping your style game.
Let's begin by exploring some of the best online fashion websites in the UAE:
Namshi: This website offers a diverse choice of national and international brands to suit any budget, from low to high.
Noon: Noon is a well-known online retailer with thousands of things, including a superb assortment of clothes.
Ounass: If you're looking for high-end apparel, Ounass is the place to go. It features the most recent collections from prominent designer brands.
PrettyLittleThing: If you're seeking online ladies' dress shopping in Dubai, this UK-based company is worth a look.
Splash: Splash demands your attention as one of the largest fashion retailers in the Middle East.
Next: this UK-based shop sells a wide range of clothing, footwear, accessories, and home items.
Kiabi: Kiabi is a French shop recognized for its fairly priced, stylish clothes that will help you boost your style without breaking the budget.
Centerpoint: The place to go for a one-stop shopping experience with a variety of brands.
A Few Pointers to Know Before Shopping Online
Let us now discuss how to ensure safe transactions. When online fashion shopping in Dubai and the UAE, use credit cards or reputable payment methods such as PayPal. These choices offer additional security and decrease responsibility in the event of illegal charges, providing you peace of mind.
Use tools like Google Shopping, PriceGrabber, or Shopzilla to compare prices and offers from numerous websites and merchants to get the greatest discounts.
Don't forget to sign up for emails and alerts to remain up to speed on the latest offers, discounts, and promotions. Additionally, for even greater savings, consider using cashback websites or apps such as ShopBack, Rakuten, or TopCashback.
Listen to other shoppers when making your selections. To make educated judgments, read user reviews and ratings for items and vendors. This way, you may prevent any problems and have a pleasant shopping experience.
Finding the ideal fit is critical. To guarantee that your apparel fits well, consult the size charts and dimensions supplied by the website or seller. Size charts may change between companies and websites, especially for many ladies' dresses online in UAE, so compare them to your dimensions or comparable goods you own. SizeCharter, Fitbay, and Fit Analytics are all tools that may help you find the best fit for your body type and preferences.
Last but not least, be informed of your Dubai and UAE consumer rights and return regulations. Learn the terms and conditions, the window of time for returns, and the procedure for returns listed on the website. Verify whether they provide free exchanges, refunds, shop credit, or returns. Keep a copy of your invoice, receipt, and tracking number in case you need to return or exchange an item as evidence of purchase.
You are now equipped with the knowledge you need to successfully boost your sense of style through online fashion buying in Dubai and the UAE. Happy shopping, all you fashionistas!
#onlinefashionshoppingdubai#onlinefashionshoppinguae#ladiesdressonlineinuae#onlineladiesdressshoppingdubai
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Which is a major problem with e-commerce?
The rise of e-commerce has greatly altered traditional retail and commercial practices. There are now unprecedented possibilities for business owners and consumers alike. Nonetheless, there are always difficulties to overcome when using a new technology. The major issue with online shopping and its effects on companies and customers will be discussed here.
What is E-commerce development?
The building of an online store or ecommerce website that facilitates the online sale of goods and services is known as ecommerce development. Developing a secure and user-friendly ecommerce platform requires a wide range of technologies, including web development, web design, online payment processing, and security. Building an online store may be done either from scratch or with the help of a ready-made platform like Shopify or WooCommerce. There may be a number of phases to the process, such as requirements gathering, design, development, testing, deployment, and maintenance and updates. Ecommerce development’s end goal is to facilitate a safe, user-friendly, and profitable online buying environment for consumers.
What are the major problems with E-commerce?
The major problems with E-commerce are as follows:-
Security breaches are a frequent occurrence in the online shopping world. Credit card numbers and bank account information are just two examples of the kinds of personal data that might be compromised in the event of a security breach in an e-commerce transaction. Attacks by cybercriminals are becoming more complex, and they are always coming up with new ways to steal private information. It is possible for hackers to intercept data in transit or to access databases containing private information. Online breaches of security have serious consequences. If consumers data is stolen, businesses risk losing their credibility, money, and even facing legal action. Clients who have their information taken are at risk for identity theft, monetary loss, and other forms of fraud.
The online shopping experience has another serious flaw: the user interface. Customers who choose to shop online anticipate a quick and easy transaction every time. Many online stores, however, fall short of customer expectations. Customers may get frustrated with a website’s poor design, slow loading times, or unclear navigation and abandon their purchases.
It can take a serious hit if customers have a bad time using a company’s product or service. Consumers are more likely to give up on a purchase halfway through the checkout process if they find it difficult to understand or takes too long. If they have a bad experience on a website, they are much less inclined to return.
Another key issue with online shopping is the logistics involved. The shipping and delivery process is an integral part of any online shopping experience. Fast and dependable shipping is a must for customers. Yet, a lot of companies have trouble living up to these standards. For startups, the high cost of shipping is a major obstacle. During busy times or when delivering overseas, delivery times may vary. Dissatisfied customers and a drop in sales are the result of poor logistics. Companies who fail to provide satisfactory shipping and delivery services may lose clients to rivals that do.
Customers usually get bored if website is not loaded within 5-6 seconds. It’s always suggested to have less load time and good hosting with 99.9% uptime always.
Solving problems with E-commerce is sometimes not possible on your own until you are a developer and companies like Daiyra will act as E-commerce development in UAE for solving your problems as peanuts!
To sum up, the rise of e-commerce has revolutionised the retail and business landscape. Yet there are difficulties as well. Businesses looking to succeed in the e-commerce industry need to handle the issues of security, user experience, and logistics. Businesses can overcome these obstacles and succeed in e-commerce development in dubai, UAE by investing in strong security measures, increasing the customer experience, and enhancing logistics and taking help from Daiyra company.
Source URL: https://nboxoffice.com/which-is-a-major-problem-with-e-commerce/
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AI Platform Lending Market Analysis By Growth, Emerging Trends and Future Opportunities Till 2033
The recent market research analysis of “AI Platform Lending Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global AI platform lending market in terms of market segmentation by type, functionality, AI type, end-user, and by region over the forecast period, i.e., 2023-2033.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion on current and future market trends that are associated with the growth of the global AI platform lending market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market are poised to gain significant momentum in the next few years.
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AI platform lending market to find numerous growth opportunities on the back of a higher number of people applying for loans, finds Research Nester
The global AI platform lending market is estimated to grow majorly on account of the rising number of banks and increasing utilization of credit card holders. For instance, in 2021, around 1.5 billion transactions were made through credit cards in India Alone. Additionally, ongoing advancement in cloud computing and the escalation process of digitalization is further expected to fuel the growth of the market over the forecast period. As of 2022, the cloud system stored nearly 50% of the corporate data, and in 2021, the cloud segment generated around USD 350 billion.
The global AI platform lending market is segmented on the basis of end-user into bank, educational institution, government organization, and others. The bank segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period. The growth of the segment can be ascribed to the increasing number of banks and their users. For instance, the total number of banks across the globe was estimated to be around 45,000.
Access our detailed report at: https://www.researchnester.com/reports/ai-platform-lending-market/4651
By region, the North America AI platform lending market is to generate the highest revenue by the end of 2033. This growth is anticipated by higher banking activities and the growing number of credit card users. For instance, in 2021, nearly 1.05 billion credit cards were in use by the population of the United States.
The research is global in nature and covers detailed analysis on the AI platform lending market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).
In addition, analysis comprising of global AI platform lending market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
This report also provides the existing competitive scenario of some of the key players of the global AI platform lending market which includes company profiling of Wizni, Inc., Ellie Mae, Inc., Tavant, Sigma Infosolutions, Roostify, Inc., Fiserv, Inc., Pegasystems Inc., Newgen Software Technology Limited, Nucleus Software Exports Limited, KPIT Technologies Limited, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.
On the whole, the report depicts detailed overview of the global AI platform lending market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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8 Benefits of Credit Cards
Credit cards are a popular financial tool that allows people to make purchases without having to carry cash. In Dubai, credit cards are widely used, and many people choose to use them because of their many benefits. Credit cards are a type of financial tool that allows users to make purchases on credit. Essentially, a credit card issuer extends a line of credit to the user, which can be used to make purchases. The user can then pay off the balance of the credit card over time, either in full or in part, with interest accruing on any outstanding balance. There are several financial companies in UAE which offers Credit Cards. Credit cards come with a range of features and benefits, which can vary depending on the issuer and the type of card. Some common Benefits of best credit cards in dubai include:
1. Rewards Programs
One of the biggest benefits of using credit cards in Dubai is the rewards programs that are offered. Many credit card issuers offer rewards programs that allow cardholders to earn points or cashback on their purchases. These points can then be redeemed for a variety of rewards, such as discounts on travel, hotel stays, shopping, or dining. Rewards programs can help cardholders save money on everyday purchases while enjoying the benefits of travel and leisure.
2. Discounts and Offers
Credit card issuers in Dubai often partner with merchants to offer exclusive discounts and offers to cardholders. These discounts can include cashback, discounts on purchases, or free items with a purchase. Cardholders can take advantage of these offers to save money on everyday purchases or to indulge in a luxury item or service.
3. Cashback
Many credit cards in Dubai offer cashback rewards to cardholders. Cashback rewards are a percentage of the amount spent on the card that is credited back to the cardholder's account. Cashback rewards can help cardholders save money on everyday purchases or can be accumulated over time to be used for larger purchases.
4. Interest-Free Periods
Credit cards in Dubai often offer an interest-free period for purchases made on the card. This means that the cardholder can make a purchase and pay it off over time without incurring any interest charges. Interest-free periods can be especially useful for large purchases, such as electronics or furniture, as they allow cardholders to spread out the cost over time without incurring additional fees.
5. Credit Score Improvement
Using a credit card responsibly can help improve a cardholder's credit score. Paying the credit card bill on time and in full each month can demonstrate responsible credit management and help improve a cardholder's creditworthiness. A good credit score can be important when applying for loans, mortgages, or other forms of credit in the future.
6. Enhanced Security
Credit cards in Dubai often come with enhanced security features, such as fraud protection and zero-liability guarantees. These features can provide peace of mind to cardholders, knowing that they are protected in the event of unauthorized transactions or fraudulent activity.
7. Travel Benefits
Many credit cards in Dubai offer travel benefits, such as travel insurance, airport lounge access, or concierge services. These benefits can be especially useful for frequent travelers, allowing them to enjoy a more comfortable and stress-free travel experience.
8. Online Shopping
Credit cards in Dubai can also be useful for online shopping. Many credit cards offer additional security features for online purchases, such as two-factor authentication or virtual card numbers. Additionally, cardholders can take advantage of online shopping discounts and cashback rewards offered by credit card issuers.
Conclusion
In conclusion, credit cards in Dubai offer a wide range of benefits to cardholders. From rewards programs and discounts to enhanced security features and travel benefits, credit cards can be a valuable financial tool for everyday purchases and beyond. However, it's important to use credit cards responsibly and to pay the bill on time each month to avoid interest charges and to maintain a good credit score. There are several companies in dubai which offers you home loan in dubai, Business loans in dubai along with the mortgages in dubai and all these loans payments can be done through the credit cards.
#financial companies in uae#mortgages in dubai#home loan in dubai#business loans in dubai#best credit card in dubai
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The GCC Financial Cards & Payments Market is projected to grow at a CAGR of around 11.2% during the forecast period, i.e., 2023-28. The factors such as expanding e-commerce industry, regulatory changes in Islamic banking, growing International transaction volume, high internet penetration rate, increasing requirement for credit facilities, among others have stimulated the number of users of financial cards and payments in the Gulf region. In addition, the visionary efforts taken up by the government of the UAE, Saudi Arabia, Qatar, etc., towards promoting digitalization in various sectors have augmented the usage of facilities, such as mobile banking, internet banking, etc. Therefore, the increasing utilization of these services has elevated the demand for financial cards and payments in the region.
#GCC Financial Cards & Payments Market#GCC Financial Cards & Payments Market size#GCC Financial Cards & Payments Market growth#GCC Financial Cards & Payments Market industry
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Factors influencing the cost of developing an app such as Tabby
The Tabby UAE app's concept is to allow users to buy products, either through the app or from a partner eCommerce merchant, and then pay for them in four equal instalments. However, the various components that go into it make Tabby buy now pay later one of the most popular applications in the UAE region.
Also read : App Development Company
The following are the various factors that influence the cost of developing an app like Tabby:
Factors influencing the cost of developing an app such as Tabby
Tabby buy now pay later app features
Tabby's ease of use and security make it a popular choice among eCommerce users and merchants. The buy now pay later app has set the global standard for payment mechanisms, from an intuitive in-app experience supported by well-structured shopping categories to an API/SDK that works seamlessly across different platforms. Here are some of the features that enable it.
Sign up/log in
While it is the most basic feature of any application, Tabby's login and sign-up experience is most likely what sets users up for an easy app experience. The app allows customers to check in as a guest, which means they don't have to share their email or phone number unless they've previously used the app.
They can then sign in using their email address and phone number.
Shop After Pay apps like Tabby include a Shop feature that allows you to create categories based on the names of stores, products, and discounts. Customers can view product information, costs, and offers in the app, which functions similarly to an ecommerce store.
On the UI front, the pay later app has kept the design relatively simple, with a grid-like view of the products and shops - divided into separate sections on the same screen. Want to learn more about the advantages of minimalist design? Check out this minimalist app design guide
Following purchase, the application allows customers to track their orders and get real-time updates on where they are in the delivery cycle.
Divided payments
The number of instalments, while unique to the Tabby app, is at the heart of all after-pay apps. Customers can purchase a product and then enter their credit card information for Tabby to initiate the four split payments once a month. They only need to pay the first instalment when they make the purchase.
Payments in advance
Customers can use the Tabby buy now pay later application to make advance payments against their scheduled split payment time. Customers can use this feature to make payments whenever they have enough funds, rather than waiting for a specific day.
Deductions made automatically
When customers enter their credit card information, apps like Tabby automatically deduct the amount from their bank account. However, before deducting the amount, the application sends customers a notification informing them of the upcoming payment.
TIP: Keep returns and cancellations in mind when designing the mechanism for automatic deductions. When a customer cancels an order, Tabby stops the instalments after receiving an update from the store.
Account administration
The best after pay apps, such as Tabby, include a dedicated account management system that allows users to view their purchase history, payments made, and upcoming payments, as well as their personal information details.
While all of these features make the pay later app popular with customers, there are some that make the app popular with merchants as well. The app includes an Android, iOS, and web API/SDK that can be integrated with ecommerce stores, allowing merchants to provide their customers with a simple checkout experience. Here are some of Tabby's most popular merchant-based features:
Retail analytics
Tabby provides all ecommerce store merchants with a dashboard where they can view monthly/yearly insights about AOV, number of orders, and revenue generated by Tabby.
Retail analytics
Payment hyperlinks
Merchants can share the payment page with their customers by using payment links. The Tabby app makes it very simple for store owners, administrators, supervisors, and sales managers to create and share payment links with their customers.
The tab Disputes
Shop now, pay later apps like Tabby include a separate dashboard for disputes in the portal. It assists merchants in categorising various disputes based on payment, store, order, and so on. For each dispute (customer issue), you will be given two options: Challenge (which initiates the order issue) or Refund (which prompts Tabby to refund the amount to the customers).
The tab Disputes
Now that we've covered the features of buy now pay later app development, let's move on to the process of creating an app like Tabby. The stages we use individually come with a price range for shop-now-pay-later apps.
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A guide to protect against ransomware attack in UAE
What are Cyber Threats & how to protect against ransomware attack?
Cyber threats refer to a malicious attack to unlawfully access confidential data, disrupt projects and damage communication causing a serious setback to any business. Cyber attacks hit businesses and private systems every day, but corporations are more vulnerable to cyber-attacks.
The motives behind a cyberattack can be many, and one of the most common is ransom. Cyber criminals hack a system making it useless and demand a ransom to restore its functionality, popularly called as Ransomware. Another motive involves data theft for data of a business including lists of clients, financial data of customers, email addresses, credit card information, login credential, access to IT infrastructure and sensitive personal data.
In recent years post Covid, ransomware attack in UAE have been on the rise. With most businesses have switched to an online mode which has further increased the risk of cyber attacks, as a result, their number has significantly increased, resulting in the collapse of many high and low-profile businesses.
Recently Microsoft exchange server was compromised due to a cyberattack that resulted in several zero-day vulnerabilities, this was called as Proxy Logon, initially launched by the Hafnium hacking group, first recognized in January and patched in March. Yet more groups joined and attacked the unpatched systems, resulting in the confidential information of thousands of organizations being compromised.
An insurance firm CNA was attacked by ransomware and left employees locked out of their systems and blocked from accessing corporate resources, this led to the company's important data being stolen and a financial loss of $40 million
As per Khaleej Times, many companies have paid more than $1.4 million (Dh5.1 million) in ransomware to regain access to their systems after cyberattacks in the past two years and 42 per cent of had to close down operations after the ransomware attack, according to a new report released. Ransomware attack in UAE has been a reason for several small companies closing down their business in which the companies that suffered ransomware attack and paid also did not get their data.
Types of Cyber security threats:
Malware: This refers to malicious software like spyware, ransomware, viruses, and worms. It gets activated when a user clicks on an unrecognized link, leading to the installment of harmful software, after activation, it can block access to crucial networks, install other harmful software, and make the system inoperable.
Distributed Denial of services (DOS): DDOS attacks online make a network or system unfunctional by flooding it with excessive traffic from so many locations, it slows down the response time of the server, and eradicates any sort of access during the attack, this is generated from a large number of infected computers known as a botnet.
Spam and Phishing: spams are the unwanted emails and messages from unknown sources whereas phishing involves malicious sources sending emails pretending to be a trustworthy source and recognized entity, they manipulate the information and ask users to follow a link that can result in data theft and loss of access to credentials.
Corporate Account Takeover: CATO is in unauthorized business takeover by impersonating the identity, and funds are also transferred to accounts of cyber criminals. Thousands of corporations have suffered from ransomware attack and paid ransom in the United Arab Emirates.
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How to Get security from cyber threats?
Protecting your software and system against cyber threats is as important as putting a lock on your door, each moment of an unprotected network is exposing you to thousands of cyber threats and data breaches. follow the given steps to eliminate any prima facie threat to your system:
1. Train your Employees:
Most of the leakages happen through employees when they unknowingly click on any foreign link exposing the company's details to an outsider. so this is very important to give your staff primary training so that they can differentiate between secured and unsecured sources and be aware of current trends in cyber attacks, direct them to check a link before clicking on them, check the email address before opening any email and cross check before sending any important information.
2. Keep your system Updated:
Not keeping your software and system updated weakens the whole security system of your company and this weakness can lead to unauthorized invasion of cyber criminals to your network, it is important to eliminate such threats by taking preventive measures, you can invest in a patch management system to keep your system up to date and safe.
3. Install a Firewall:
having a firewall is one of the most popular and successful ways of defending your system against a cyber breach because there are so many forms of data breaches and new one develops every day. But when you install a firewall it blocks any dangerous link or source before it can attack and do damage to your system.
4. Backup your Data:
Your Data is the engine running your business, No company can afford data loss in case of any disaster or a cyber attack. so it is better to back up all your data to prevent any serious downtime or financial loss. We backup your data using world class backup solutions such as Acronis Cloud, EaseUs or Veem backup solutions
5. WiFi Security:
In the everchanging working atmosphere, every system is connected to one or another wifi network further increasing the risk of invasion by unknown sources. Any device can get infected by connecting to an insecure network and thereafter it can even infect a secure network when connected putting the whole business network at risk. Therefore it is very important to secure and hide your wifi network.
6. Passwords:
Remembering password is one of the toughest tasks to avoid this, we often put the same password for different working platforms, putting our system at definite risk of hacking as it becomes easier for hackers to get over your system by breaking only one password they can get access to all your platforms and information, hence it is necessary to put different and difficult passwords for all the platforms
How Chipin can protect your company from cyber attacks:
With the threat of cyber attacks ever increasing the number of weekly attacks per organization going up significantly and its scope everchanging, it becomes very important to have a right-managed IT security services provider (MSSP) by your side so that no leakages can remain ignored or unseen. We are one of the best IT security solutions companies protecting customers against ransomware attack in uae. We partner with the leading IT providers such as Sophos, ESET, McAfee & TrendMicro to offer best ransomware protection services to our customers, we give you an incredible A to Z solution for all your security needs whether that be protecting your server or website from all type of threats, spams, and malware or ransomware removal services. There is also a bright side of the story.
Benefits of Chipin over other IT security solutions
With Chipin as your Managed IT Security Service Provider (MSSP), you no longer have to worry about any upcoming cyber threats or attacks as our A to Z solutions cover everything, security of your system and software becomes our priority, Below are the points that make our security solutions superior to others:
Superior Protection
Reduced Total cost (TCO)
24 x 7 Monitoring
Expert Guidance
Rapid Response
Compliance
Ransomware removal services
Our IT Security Solutions Offerings
Real-Time Threat Monitoring (RTTM): We keep a regular check on your organization's equipment to identify any type of existing or upcoming security threat to it. Our Managed IT Security Service provides you with comprehensive daily, weekly and monthly reports to ensure the good health of your equipment and prevent any possible attack.
Patch Management: Some missing security patches the organizations generally oversees brings about the greatest risk of cyber attacks, with our patch management services you will get regular scans of all the connected endpoints and list all the issues, thereafter our team of experts will correct that to restore the safety of your organization.
Managed End point: Our Team of It experts regularly monitors that antivirus and malware solutions are installed on all your devices through a centrally monitored cloud portal, and we also take corrective measures whenever required.
Managed firewall: We offer management of all collective operations related to firewall from operation and administration to its monitoring. We also assist in establishing and maintaining the firewall rules so as to ensure efficient performance and security to your network.
Check out our IT Security Solutions section to see how we can help you.
Cyber Security,IT News,IT User Tips
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Premium IPTV Service Providers: Unveiling the Top 5
In the fast-evolving landscape of digital entertainment, Premium IPTV services have emerged as the go-to solution for those seeking high-quality content and an unparalleled streaming experience. As we step into 2024, let’s explore the top 5 premium IPTV service providers that are reshaping the way we consume television and online content.
Unveiling the Top 5 Premium IPTV Service Providers UK:
#1. ForestIPTV
Key Features of Forest IPTV:
Pricing Plans: 4 pricing plans 1)$15/1Month 2)$25/3Months 3)$45/6Months 4)$65/12Months
VPN Friendly: Yes
Number of Channels: 10,000+
Geolocations: USA, Canada, UK, Europe, Caribbean Islands, Germany, Italy, UAE, All Countries…
IPTV location locked: Yes
Payment options for subscription: Credit Card, Payoneer, Paypal, TransferWise.
Supported Devices: Amazon Firestick, IPTV Box, Smart TV, IOS and Android Devices, Android TV, and Tablet, iOS, PC, Windows, Macbook, etc.
Free Trial: Yes — 48 Hours.
#2. NixonIPTV
Key Features of Nixon IPTV:
Offers latest VOD movies and shows with all kinds of Sports and Game channels including USA locals and entertainment.
Pricing Plans: 4 pricing plans 1)$10/1Month 2)$30/3Months 3)$50/6Months 4)$80/12Months
Simultaneous Viewing: up to 5 devices.
Offering 24/7 customer support is good and friendly.
MAG, EPG, and Enigma are supported by this service.
IP Location Locked: No.
VPN Friendly: Yes.
Payment options for subscription: Major debit card and credit card.
Supported Devices: Amazon FireTV Sticks, Android TV Box, Android Mobile and Tablet, Nvidia Shield TV, Google TV, Formuler Z, etc.
#3. PilotIPTV
Key Features of Pilot IPTV:
Most reliable IPTV services are available for News, Locals, Sports & VOD with working EPG.
Pricing Plans: 4 pricing plans 1)$15/1Month 2)$35/3Months 3)$55/6Months 4)$90/12Months
Worldwide service: USA, CANADA, UK, Caribbean Islands, South America, Africa, South India, French, Arabs, and more.
Support: 24/7 Friendly Customer Service.
IP Location Locked: No.
VPN Friendly: Yes.
Payment options for subscription: Visa, MasterCard, Payoneer, PayPal.
Supported Devices: Amazon FireTV Sticks, Android TV, Google TV, Android TV Box, Android Mobile and Tablet, Nvidia Shield TV, and PC.
#4. TwITIPTV
Key Features of TwIT IPTV:
Pricing Plans: 4 pricing plans 1)$12/1Month 2)$30/3Months 3)$50/6Months 4)$80/12Months
Streaming Quality Up to 4K.
Separate Categories for sports and PPV events.
Works with or without a VPN.
Multiple connections were available.
Not IP Bound.
EPG Available.
7 Days Promised Refund.
24/7 Customer Services.
#5. StriveIPTV
Key Features of Strive IPTV:
Over 10,000 channels and most of the channels are in HD quality.
Pricing Plans: 4 pricing plans 1)$15/1Month 2)$25/3Months 3)$45/6Months 4)$65/12Months
premium options available
Compatible with popular IPTV Players.
Support: 24/7 Customer Service
Payment options for subscription: PayPal, Visa, MasterCard.
Supported Devices: Amazon FireTV Sticks, Android TV, Google TV, Android TV Box, Android Mobile and Tablet, Nvidia Shield TV, and PC.
Other Providers:
#1. StreamMasters Pro:
Why it stands out: With an expansive channel lineup and an intuitive user interface, StreamMasters Pro secures its spot as a top-tier IPTV provider. Users praise its 4K streaming capabilities, making it an ideal choice for those who demand the highest quality in their viewing experience.
#2. VisionaryStream Elite:
Key Features: VisionaryStream Elite takes streaming to the next level with its cutting-edge features. From a vast library of on-demand content to real-time channel updates, users appreciate the platform’s commitment to staying ahead in the ever-evolving world of digital entertainment.
#3. QuantumView UltraHD:
What sets it apart: QuantumView UltraHD earns its place on the list with a focus on global content diversity. Offering a comprehensive array of international channels and an extensive on-demand library, QuantumView caters to a broad audience, making it a favorite among multicultural viewers.
#4. EliteConnect Pro:
Noteworthy Attributes: EliteConnect Pro stands out for its user-friendly interface and advanced customization options. Subscribers can tailor their channel packages to suit their preferences, ensuring a personalized streaming experience. The platform’s reliability and minimal buffering also contribute to its growing popularity.
#5. LuxStream Platinum:
Defining Elegance: LuxStream Platinum lives up to its name by providing a luxurious streaming experience. With a sleek interface, curated content selection, and enhanced streaming quality, it appeals to those who value sophistication and top-notch service.
As we navigate the vast landscape of premium IPTV services in 2024, these top 5 providers set themselves apart with their unique features, commitment to quality, and a user-centric approach. When choosing an IPTV service, consider factors such as channel variety, streaming quality, customer support, and device compatibility to find the perfect fit for your entertainment needs.
Embrace the future of streaming with these premium IPTV providers, and elevate your digital entertainment experience to new heights in 2024!
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Internetional mobile recharge in UAE
Top up your UAE Etisalat number and be one of millions of users staying connected with the UAE's leading telephony providers. As a gift he will send Etisalat refills to keep in touch with your loved ones in the United Arab Emirates. You can send a small smile in 3 easy steps.
UAE Etisalat on our site https://quickrecharge.ae/ will be charged instantly. This means the charge will be sent directly to your mobile number within seconds. Refills can be sent from any country in the world using any payment method convenient to you.
Instantly recharge your Du & Etisalat online anywhere, anytime using Apple Pay, PayPal wallet or credit card. It only takes a few minutes to recharge your airtime balance!
Save time and money with convenient recharge with GCC-issued Visa/Mastercard payment cards.
Surprise your loved ones by giving them extra time to talk. Easy. Simply select a service at QuickRecharge.ae and enter your phone number.
We have a wide variety of gift cards to meet all your needs. Makes a great gift for yourself or someone you care about.
gift cards include iTunes gift cards, Google Play, Netflix and PlayStation gift cards. You will receive the code by email immediately after payment. This is faster than any other service.
Just a few minutes. Simply select an operator and provide a phone number on the website. We offer UAE phone recharge service for any amount. Plus, you can choose the most comfortable payment method to recharge your UAE mobile number. We accept Visa or Mastercard bank cards, ApplePay tools, and PayPal.
When it comes to charging prices, Quickrecharge is the most affordable. No hidden fees or additional payments required. You can receive proper service at a fair price.
Enjoy the speed and convenience of recharging your UAE phone number with the Quickrecharge website.
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Payment Monitoring Market to see Booming Business Sentiments | Oracle, Fair Isaac, Fiserv, Refinitiv, SAS Institute
The latest study released on the Global Payment Monitoring Market by AMA Research evaluates market size, trend, and forecast to 2027. The Payment Monitoring market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
ACI Worldwide, Inc.(United States), BAE Systems PLC (United Kingdom), Fiserv, Inc.(United States), NICE Ltd. (Israel), Oracle Corporation (United States), SAS Institute, Inc. (United States), Software AG (Germany), Fair Isaac Corporation (United States), Fidelity Information Services, Inc. (United States), Refinitiv Company (United Kingdom),
Download Sample Report PDF (Including Full TOC, Table & Figures) @ https://www.advancemarketanalytics.com/sample-report/156164-global-payment-monitoring-market#utm_source=OpenPRVinay
Definition:
Payment monitoring is a process of real-time reviewing, analyzing, and administering large volumes of financial transactions on various business applications such as ATMs, POS, web applications, and mobile applications. With the increasing number of money transactions and to reduce the risk of non-payment within the payment schedule the use of payment monitoring has increased. It enables organizations to manage their customer's compliance and mitigate money laundering and Counter-Terrorist Financing (CTF) activities. As per an estimation, in the United States, the online transactions 45% of transactions are done via. Credit/debit card. The United States digital payments market is expected to grow with a growth rate of ~14 in the period 2020-2024. The rising use of advanced analytics to provide proactive risk alerts is expected to enhance market growth.
Market Drivers:
• Need To Manage KYC Compliance And Mitigate Money Laundering
• Increasing Awareness Among End User Organizations
Market Trend:
• Integration Of Machine Learning, Artificial Intelligence, And Big Data With Payment Monitoring Solutions
Market Opportunities:
• Stringent Regulatory Compliances To Tackle Fraudulent Activities
• Increasing Demand For Proactive Risk Alerting Systems By Using Advanced Analytics
The Global Payment Monitoring Market segments and Market Data Break Down are illuminated below:
by Application (Anti-Money Laundering, Compliance Management, Customer Identity Management, Fraud Detection & Prevention), End User Industry (BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Energy & Utilities, Manufacturing, Others), Organization Size (Large Enterprises, Small & Medium Enterprises), Deployment (On-premises, Cloud), Component (Solution {KYC/Customer Onboarding, Case Management, Watch List Screening, Dashboard & Reporting}, Services {Professional Services, Managed Services})
Global Payment Monitoring market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Have a query? Market an enquiry before purchase @ https://www.advancemarketanalytics.com/enquiry-before-buy/156164-global-payment-monitoring-market#utm_source=OpenPRVinay
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
• -To carefully analyze and forecast the size of the Payment Monitoring market by value and volume.
• -To estimate the market shares of major segments of the Payment Monitoring
• -To showcase the development of the Payment Monitoring market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Payment Monitoring market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Payment Monitoring
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Payment Monitoring market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Buy Complete Assessment of Payment Monitoring market Now @ https://www.advancemarketanalytics.com/buy-now?format=1&report=156164#utm_source=OpenPRVinay
Major highlights from Table of Contents:
Payment Monitoring Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Payment Monitoring market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Payment Monitoring Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Payment Monitoring Market Production by Region Payment Monitoring Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
• Key Points Covered in Payment Monitoring Market Report:
• Payment Monitoring Overview, Definition and Classification Market drivers and barriers
• Payment Monitoring Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Payment Monitoring Market
• Payment Monitoring Capacity, Production, Revenue (Value) by Region (2021-2027)
• Payment Monitoring Supply (Production), Consumption, Export, Import by Region (2021-2027)
• Payment Monitoring Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,}
• Payment Monitoring Manufacturers Profiles/Analysis Payment Monitoring Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
Browse Complete Summary and Table of Content @ https://www.advancemarketanalytics.com/reports/156164-global-payment-monitoring-market#utm_source=OpenPRVinay
Key questions answered
• How feasible is Payment Monitoring market for long-term investment?
• What are influencing factors driving the demand for Payment Monitoring near future?
• What is the impact analysis of various factors in the Global Payment Monitoring market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
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UAE Database Security Market to Witness a CAGR of 19.4% until 2028
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the UAE database security market is expected to grow at CAGR of 19.4% during 2022-2028 (forecast period).
The extensive use of cloud-based services by several enterprises has boosted the demand for database security in UAE. The increased need for data management and protection as a consequence of the volume of data being produced by different business verticals is further driving the growth of the UAE database security market.
Database security has also become more popular as a result of the rising demand for effective security solutions for data produced by cutting-edge technologies like internet of things (IoT), big data, and cloud-based services, among others, as well as the need to secure data from hackers. These are a few of the additional factors that are anticipated to push the UAE database security market.
Growing Demand for Cutting-Edge Security Measures
Since it safeguards sensitive and priceless data, the database security is an essential part of the IT infrastructure security. This information must be confidential and in compliance with the set criteria. It is obtained on many different organizations, including consumers and suppliers. For instance, businesses collect customer information such as email address, postal address, phone number, credit card information, etc. upon the purchase of a product. Both the volume and sophistication of cyberattacks have significantly increased in recent years. Hackers are using technologies like artificial intelligence (AI), machine learning (ML), analytics, and others to make their cyberattacks more sophisticated. Even when such sophisticated attacks are discovered, recovery takes longer.
Request for Sample Report @ https://www.blueweaveconsulting.com/report/uae-database-security-market/report-sample
Data Breaches and Data Losses among Data Security Service Providers and End Users for Cloud Solutions
Data security services offers remote data access through the internet, which is the most vulnerable source of misconfiguration. Furthermore, the cloud's basic nature converts into a distinct set of characteristics that makes it more vulnerable to all sorts of data loss. As a result, the danger of cyberattacks and data loss has increased, causing demand for cloud-based services to fall. As a result, it reduces the value of the business, resulting in a drop in the usage of cloud security services. Gulf countries, particularly UAE, are increasingly becoming the focus of sophisticated hacks aimed at collecting personal data and, in some cases, intruding government network premises.
UAE Database Security Market – By Vertical
On the basis of vertical, the market is divided into banking, financial services, and insurance (BFSI), retail and e-commerce, healthcare and life sciences, manufacturing, telecommunications and IT, energy and utilities, and others. During the projected period, the BFSI segment is anticipated to expand significantly. The BFSI industry generates a significant amount of sensitive data, which has increased the demand for sophisticated security solutions and is anticipated to be a key factor driving revenue growth in the UAE database security market.
Impact of COVID-19 on the UAE Database Security Market
Most countries have experienced an economic slowdown including UAE as a result of the COVID-19 pandemic's major effects on several businesses. As a result, it also had a big impact on governmental organizations and commercial organizations, which caused both temporary and permanent company closures during the outbreak.
The bulk of businesses have embraced the work-from-home trend as a result of the pandemic. Businesses must thus provide a more secure method of communication to every remote worker. Most organizations are experiencing problems securely transferring data due to the rising trend of working from home. Therefore, a company has to use database security solutions for secure data transfer.
Competitive Landscape
Top firms in the UAE database security industry include Trustwave Holding Inc., Hexatier, Thales E-Security, Imperva, IRI, McAfee, Micro Focus, Fortinet Inc., Oracle Corporation, International Business Machine Corporation, and others. Market leaders maintain their dominance by investing in research and development (R&D), adding cutting-edge technology into their products, and delivering improved things for customers. Apart from this, various strategies are employed, including strategic alliances, agreements, mergers, and partnerships.
Don’t miss the business opportunity of the UAE database security market. Consult our analysts to gain crucial insights and facilitate your business growth.
The report's in-depth analysis provides information about growth potential, upcoming trends, and UAE database security market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in UAE database security market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the market's growth drivers, challenges, and competitive dynamics.
About Us
BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost the performance of your business solutions. BWC has built its reputation from the scratch by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.
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5 things to consider that will simplify your own eCommerce development
Building an online store goes beyond just understanding the market you're about to enter. You also need a grasp of branding, web design, and content strategy. This may seem like a huge amount of work.
We've broken this down into 5 things to consider that will simplify your own eCommerce development process and help you reach your business goals.
1. Figure out what you’re going to sell
The first step in eCommerce website development is figuring out what you’re going to sell. What excites you?
Whatever your business goals, an e-commerce project needs to be guided by both product research and research about the people you hope to sell them to. This can make the difference between success and end up with a stack of merchandise that you can't get rid of. Know the market you’re entering. Be aware of what products succeed and the trends that have come and gone.
That way it becomes easier to communicate with the marketing and web development team as well so that the message is conveyed properly leaving no space for ambiguity.
2. Determine your branding
An e-commerce website also needs to have a memorable logo, color palette, and a distinct voice. All of these different elements of a web design come together into a user experience driven by the brand’s personality.
Another vital aspect of branding is telling the story of who you are. Your audience should know why your e-commerce web exists and the people behind it through the e-commerce web design. Without humanizing your brand, you’re just another anonymous digital portal. Most of us are hesitant to enter a credit card number into an anonymous website devoid of anything more than product specs. Personalizing your brand builds trust.
3. Find the right e-commerce platform
You have quite a few options when it comes to e-commerce platforms — like Magento, Shopify, or a plugin like WooCommerce with WordPress — to run your e-commerce website. And there are certainly benefits and disadvantages to the different e-commerce products out there.
E-commerce website designers with expertise in the field have an all-in-one solution that gives you everything you need to design, run, and manage your online shop, without having to code.
4. Plan a content strategy
Building a website with real content, rather than filler, makes for a better representation of the end product earlier in the process. Working backward and integrating the visuals, text, and other elements later in the process can complicate things.
Content strategy shapes the information architecture of your website. Think of your content like freight on a train, and the information architecture as the tracks that deliver it. You need to know what your customers need and the best route to get the content to them.
5. Do search engine optimization
Getting organic traffic depends on the relevance of your content in the eyes of web crawlers. Paying attention to SEO may help you rank higher and get more clicks. Some companies don’t pay quite an attention to this marketing strategy, however, the Google ranking really depends on the SEO of the e-commerce web page.
These are the few aspects that should be considered by any brand or their e-commerce development company. Point Blanc Media, an e-commerce development company in UAE, with their expertise with different fields of brands and helping them with their sales through an e-commerce site
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NETWORK SECURITY THREATS IN 2022
Cyber security attacks today are becoming increasingly sophisticated hence leading businesses in this digital world needs constantly to ensure their systems, operations, and data are protected from potential cyber threats. 20% of organizations that use IoT devices globally have experienced at least one cyber-attack over the past few years. According to telecommunications company Ericsson, IoT devices such as smart coffee machines, washing machines, and toasters which are interconnected through the internet, are expected to reach 18 billion in number by 2022. Cyber-attacks increased by 50% globally and by 71% in the UAE in 2021 stating the importance of network security UAE.
NETWORK SECURITY THREATS
Networking companies in Dubai are concerned about these network security threats, let’s discuss which are these network security Dubai.
Phishing
This type of online fraud is designed to steal sensitive information, such as credit card numbers and passwords. Phishing attacks impersonate reputable banking institutions, websites, and personal contacts, which come in the form of immediate phishing e-mails or messages designed to look legitimate.
Malware/Ransomware
Malware is software mostly used by criminals to hold your system, steal your confidential data, or install damaging programs in your device without your knowledge. It spreads spyware, Trojans, and worms through pop-up ads, infected files, bogus websites, or e-mail messages.
Alpha Data is a network security company in Dubai that provides network security services in Dubai that has helped numerous clients to secure their systems.
Denial-Of-Service Attack
A denial-of-service attempts to hinder legitimate users from accessing services or information from a website. It happens when malicious attackers overload a website with traffic. It is carried out by one computer and its internet connection, which may enable the intruder to access your credentials. A distributed denial-of-service is similar to the denial-of-service but is harder to overcome. This is because it is launched from different computers that are distributed all over the globe. The network from these compromised computers is called a botnet.
Network security means a lot for every business be it small or large and hence network security services are important, all that matters is that services your business will acquire and you’ll be good to go.
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