Cybercriminals ramp up identity-based intrusions in 2023 as Kerberoasting attacks surge 583%
Application Programming Interface (API)
OpenAI releases GPT-4 that can read images and ‘pass a bar exam’
The much-anticipated update comes after rigorous tests resulted in best-ever results on factuality, steerability, and being inside the rails
Emirates NBD launches API developer portal to boost innovation
The lender plans to multiply the APIs offered on the portal in the coming months
Why API technology is key to tackling financial crime in the UAE
While the UAE’s push to tackle financial crime focuses on regulation, it also provides an opportunity for banks to digitalise and improve their offerings such as adopting APIs that support compliance and protect them from threats and exposure
How open are UAE bankers to the idea of Open Banking?
Open banking will help financial institutions to better shoulder heavy burdens of attracting customers and providing them product and services. Banks will be able to offload tasks such as product development, sales, marketing, operation, innovation, and even competition to ecosystem partners