IFRS 17, an International Financial Reporting Standard promulgated by the International Accounting Standards Board, supersedes IFRS 4 regarding insurance contract accounting. Its effective date is January 1, 2023. IFRS 17 introduces a comprehensive revamp of the treatment of insurance contracts, entailing novel prerequisites for data, systems, and procedures that [...]
Test automation has become an integral component of the modern software development and testing lifecycles. With the rapidly increasing expectations for speed and scale from the end users, it is not feasible for organizations to continue with their legacy software testing processes. Consequently, more and more organizations are embracing the [...]
The history of Industrial revolution began back in late 1700s, simultaneously marking the onset of an era that thrived upon efficiency and mass production abilities. The wave of industrialization transformed the manufacturing industry as a whole. The technological revolution succeeded the first industrial revolution and introduced the industry to electrification [...]
There is no doubt that mechanization has made our lives easier, and our tasks more efficient. The idea of a machine with a human-level cognition has always been fascinating, making it a beloved theme for most science-fictions. Today, that machine is no longer just a fictional object. Instead, it [...]
Ensuring Speed and Quality in application development is absolutely essential for all kinds and sizes of enterprises. Test Automation has been considered and adopted by substantial number of enterprises and teams working on time bound and business critical applications. The challenges thrown by Digital Transformation can be managed with [...]
A research report states that ‘The Global Payment Security market is anticipated to witness an impressive growth rate during the forecast period. Payment Security market is expected to grow impressively with a CAGR of 17% during 2017-2022.’ Reference to the Security issues, the report mentions, ‘Rising incidences of identity [...]
