Technology

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Understanding Retentions in Construction Contracts

Technology /

In the complex world of construction contracts, various terms and provisions can often cause confusion. One such aspect is retention, which significantly manages financial risks and ensures project completion. An article from Bizprac provided a comprehensive understanding of retentions in construction contracts, shedding light on their purpose, mechanics, and implications. What are Retentions? Retentions are […]

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Complying with the Expanding Project Trust Account Framework in Queensland

Technology /

The Expanding Project Trust Account Framework in Queensland will provide an added level of security for payment to smaller construction companies. As of 1 January 2023, most construction industry payments will be made via a trust account. However, the new scheme will also add more administrative and financial burdens and penalties for non-compliance. Thus, document

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Cloud-Based Biometric Authentication for IDaaS: Explained

Business, Technology /

What is IDaaS? This acronym stands for the “identity as a service”, which refers to the identity and access management services offered by authID and other providers like LoginID in the cloud server. It allows organizations to verify user identity before granting access to files, software, and other resources they are permitted to use.  IDaaS collects intelligence

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Not All Biometrics are Created Equal: Why FIDO2 Passwordless Authentication is Top of the Line

Technology /

Some users might be concerned about their security and privacy as they make online purchases and pay for their goods. Many security service providers offer more up-to-date protection packages to counter hackers and prevent data breaches. Amid the COVID-19 pandemic and the global health crisis, people rely more on their smartphones and other gadgets to

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