Receives ACCC approval. Westpac Bank ACCC has approved Westpac as an Accredited Data Recipient under the Consumer Data Right. The Australian Government introduced Consumer Data Right (CDR) in Australia. CDR will give consumers greater access to and control over their data and will improve consumers’ ability to compare and switch between…
Read MoreWill reduce onboarding time for corporates to connect to Bank’s APIs and achieve improved decision-making. FinLync, a global fintech company transforming corporate finance and treasury offices through its world-class products, and Standard Chartered, a leading international banking group, today announced their partnership to enable corporate treasury and finance teams to rapidly…
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Dr Chris Brauer University of London, identifies a new safety movement. The Consensus for Change report surveyed 12,000 citizens and interviewed 50 public safety agencies, commercial organisations and industry experts across 10 geographic markets (Australia, Germany, Italy, Malaysia, Nordics, Singapore, Spain, Taiwan, United Kingdom, United States). It analyses how the global…
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Facebook disruption hurt Instagram and WhatsApp business users. Facebook has issued an apology for a global outage on the 4th of October 2021, that caused disruption to all the people and businesses around the world who depend on the social media site. Santosh Janardhan VP Infrastructure at Facebook issued the statement offering apologies for “the…
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New digital platform, named COSMIC. The Monetary Authority of Singapore (MAS) announced today that it will introduce a digital platform and enabling regulatory framework for financial institutions (FIs) to share with one another relevant information on customers and transactions to prevent money laundering (ML), terrorism financing (TF) and proliferation financing…
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Security and risk management spending grew 6.4 per cent in 2020. The strong growth rate reflects continuing demand for remote worker technologies and cloud security, according to analyst firm Gartner. “Organisations continue to grapple with the security and regulatory demands of public cloud and software as a service,” said Lawrence…
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The United States Department of the Treasury and the Monetary Authority of Singapore join to combat. The United States Department of the Treasury (“Treasury”) and the Monetary Authority of Singapore (“MAS”) announced the finalisation of a bilateral Memorandum of Understanding (“MoU”) on Cybersecurity Cooperation. This announcement was made during Vice…
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Prime Minister Lee Hsien Loong hosted Vice President of the United States of America (US) Kamala D. Harris During US VP Kamala Harris’ with Singapore’s PM, both countries affirmed the longstanding and multi-faceted partnership between Singapore and the US. They also welcomed the announcement of new areas of cooperation as…
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More than half of APAC governments believe cohesive data sharing environments need national-level guidance. The emergence of digital adoption demands country governments establish a well-defined regulatory system to enable cohesive data sharing environments, according to the IDC report titled Asia/Pacific Governments’ Data Policies to Enable Digital Economies . Almost 2/3rd of the national…
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Malaysian digital market is seeing a disruptive digital transformation. Digi Telecommunications Sdn Bhd (Digi) plans to extend its fraud detection and identity coverage in Malaysia, with – TeleSign, a global leader in digital identity and programmable communications. The partnership will help to safeguard Digi’s mobile users against Account Takeover (ATO) through…
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