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Dear Reader,
It's difficult to envision how businesses operated before modern day technology. But as technology develops, business complexity and risks associated with it, also gain new heights and twists. We all know that there are various ways in which these risks can disrupt a business and hinder its progress. Data breaches, system hacks and financial fraud schemes are increasingly becoming the norm. However, none of them are great enough to discourage companies from evolving its business models and adopting the latest technologies. 5G it's still on its early stages, but at MWC19 for some industry experts 6G isn’t so far down the road. Technology and risks will always evolve side by side, but there are things that ought to be planned and protected against.
Raul Azevedo, VP Product Development
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What's New?
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Are you tackling effectively Mobile Money risks?
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Using a mobile phone to conduct financial transactions has help bring financial inclusion to millions of consumers around the world. However, as the reach and impact of mobile money increases, so the demands placed on risk management controls that underpin mobile money. In their quest for business growth, mobile money providers and other users of their platforms need to implement the appropriate controls that strike an appropriate balance between risk management and other business objectives.
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What’s going on in the industry
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5G, AI and Edge - worth the risk?
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The dominant themes at this year’s Mobile World Congress (MWC19) in Barcelona were definitely 5G, artificial intelligence (AI) and Edge computing. And, as is usual with new technology, there comes an element of risk with all of them. There is nothing unusual about this, it seems to come with every new generation of technology, but in the case of 5G with the billions of connected devices predicted, the elements of risk are multiplied dramatically.
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How to Empower Risk Management with Robotic Process Automation
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Telcos are under immense pressure to digitize operations, and their future depends on automating routine work. Risk management is no exception. Your team may have all the data they need to identify causes of incidents that result in lost revenues, fraud, and damage to your company’s reputation, but they cannot increase the number of hours in a day. Download this ebook and learn how you can you use robotic process automation (RPA) to empower your risk management team.
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| Did you know... |
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UTS Curacao uses WeDo Technologies Consulting Services for
risk assessment and to identify
potential revenue leakages
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Data integrity may not have the same headlines of Big Data, Machine
Learning and AI, but without it
all you get is fake news
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