Banks to Spend an Additional $US31 Billion on AI and fraud prevention

Financial institutions’ country-specific challenges in Asia/Pacific Banks worldwide are expected to spend an additional $US31 billion on AI embedded in existing systems by 2025. Similarly, in a recent IDC survey of banking executives worldwide, fraud management featured strongly as a priority. “In the process of coming up with digital products…

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Hype cycle for cloud platform services 2022

Global iPaas end-user spending to grow 18.5 per cent in 2022 Integration Platform as a Service (iPaaS) and low-code application platform (LCAP) will climb the Plateau of Productivity in less than two years, according to the Gartner, Inc. Hype Cycle for Cloud Platform Services, 2022. The Plateau of Productivity highlights…

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Hong Kong’s LeaveSafeApp generates security concern

OGCIO declares concerns are false In response to a report conducted by an overseas cyber security company claiming that the “LeaveHomeSafe” mobile app has security flaws, the Office of the Government Chief Information Officer (OGCIO) today (July 28) made the following solemn statement on the inaccurate report and unfair allegation.…

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