GetSwift made numerous misleading statements in its announcements on ASX The Federal Court has handed down the largest ever penalty against a company for breaching continuous disclosure laws, ordering GetSwift Limited pay a penalty of $US15 million. The Court described Getswift as a company that ‘became a market darling because…
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Australia’s regulators are strengthening their focus on crypto asset providers The Albanese Government is acting to ensure the regulation of crypto assets protects consumers and positions our economy to take advantage of new digital products and services. Unsustainable business models used by some companies dealing in crypto assets have left…
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In Asia, digital spending is set to reach $US1T by 2025 IDC predicts that by 2024, 50 per cent of A2000 CEOs will establish strategic personal relationships with their cloud providers to achieve quantifiable outcomes from digital business platform investments. The digital-first era is upon us and companies must continue…
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Launches fourth data centre at Osaka Campus MC Digital Realty, a 50/50 joint venture between Mitsubishi Corporation and Digital Realty providing a full suite of data centre solutions in Japan, announced today the official opening of KIX13, the fourth building on the 23,000sqm Osaka data centre campus. A three-story facility reinforced with seismic…
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Bahrain is ready to share its expertise and best practices with the DCO The Kingdom of Bahrain has officially been appointed to the Presidency of the Digital Cooperation Organization (DCO), the global, multilateral organization dedicated to accelerating the inclusive growth of the digital economy to create digital prosperity for all. His Excellency…
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Full implementation completed in record 88 days Unity Small Finance Bank Limited (Unity SFB), a new-age digital-first bank, has replaced its core banking system (CBS) with M2P Fintech’s Turing CBS. The new generation platform will revolutionize the way the bank serves its customers by offering seamless digital banking experiences. The implementation…
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Start-ups will create the future of Proptech Agya Ventures, a venture capital firm focused on real estate tech, blockchain, AI and sustainability, proclaims the emergence of artificial intelligence (AI) will cut through material use cases in real estate tech from search and listings to mortgages, construction, and sustainability. “AI presents…
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Edge computing has gone mainstream Worldwide spending on edge computing is expected to be $US208 billion in 2023, an increase of 13.1 per cent over 2022. Enterprise and service provider spending on hardware, software, and services for edge solutions is forecast to sustain this pace of growth through 2026 when…
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Sensor technology providers must work with security software solution providers Real-time monitoring and the ease of data retrieval for advanced physical and digital security drive the need for security sensors. According to Frost & Sullivan’s recent analysis, Sensor Technologies Impacting the Physical and Digital Security Market, by 2025, there will be a…
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Benefits finder is one of several CBA digital tools Commonwealth Bank today released new figures that show Benefits finder has connected personal and business customers to $US1 billion worth of grants, rebates and concessions since the CBA digital tool launched in 2019. Benefits finder is a tool available in the CommBank app…
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