The rapid adoption of digital solutions has enhanced the economic and social well-being of millions of people around the world. The Monetary Authority of Singapore (MAS) believes that while digital solutions have helped keep countries going during a global pandemic. Many of these solutions are not interoperable and digital transactions…
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Service Australia’s digital journey to transform welfare payments
Digital transformation challenged by global pandemic. Australia’s social services agency, Services Australia’s seven year digital transformation journey was put to the test at the height of COVID-19, when staff distributed urgent relief payments worth more than A$1 million within four days to 1,400 Victorians who required emergency support to isolate…
Read MoreMAS continues to monitor the growth of cryptocurrency in Singapore
Will continue to adapt its rules as needed to ensure that regulation remains effective. The Monetary Authority of Singapore is keeping a close on the growth of cryptocurrency transactions of such assets among companies and retail investors in the country. Tharman Shanmugaratnam senior minister and minister in charge of MAS…
Read MoreCentral bank of Phillipines pushes digital-heavy society
Cybersecurity important to building trust with citizens. Governor Benjamin E. Diokno of the Bangko Sentral ng Pilipinas (BSP described his vision for the Philippines becoming a digital-heavy, cash-light society to help achieve inclusive growth – with “50 per cent or half of all transactions should be digital by 2023, and…
Read MoreAustralian Government’s single provider approach exposes risk
Increasing the concentration of data with one data centre provider. AusTender information reveals yet another Government Department has selected the same, single provider that already holds 80 per cent of the value of Government data centre contacts. The Department of Home Affairs has followed a long line of recent Federal…
Read MoreJapan’s aerospace industry suffers cybersecurity attacks
Reports indicate the attacks include the Japan Aerospace Exploration Agency. About 200 companies in Japans aerospace industry have suffered a cyber-attack this week. According to multiple media reports, the attacks include the Japan Aerospace Exploration Agency, and were thought to be the “actions of a Chinese man”, who is a…
Read MoreSouth Korea uses AI for COVID-19 vaccinations
Providing citizens with important vaccination-related information and support. Korea Disease Control and Prevention Agency (KDCA) will use SK Telecom for the development and operation of Nugu Vaccine Care Call, an artificial intelligence (AI)-based service designed to help COVID-19 vaccinations. Nugu Vaccine Care Call is a service where SKT’s AI Nugu…
Read MoreMalaysian Government gives Microsoft blessings on its first datacentre in the country
Microsoft will help form the MyDigital Alliance Leadership Council to collaborate on cloud-first and digital-native policy recommendations. As part of the Malaysian Government’s My Digital goals, it has welcomed Microsoft’s agreement to establish its first datacenter region in the country to deliver trusted cloud services locally, with data security, privacy,…
Read MoreAustralian Government urged to allocate millions towards AI
Tech giant’s conduct was found to be liable to mislead the public. Australian Information Industry Association (AIIA) is calling on the Federal Government to allocate A$250 million in the May budget to ensure Australia becomes a global leader in AI research and commercialisation and doesn’t fall behind its international peers.…
Read MoreThe new normal for Hong Kong
Lam Wai Kau government CIO Hong Kong the need for a smart city to make things easier for citizens. Affected by the epidemic, various industries have been actively accelerating digital transformation, hoping to enhance competitiveness and turn crises into opportunities. Many traditional industries have adopted online business, digital payment, and…
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