MAS commits S$42m to spur tech adoption in the financial sector

Aiming to promote the adoption and integration of technology solutions in the risk management and compliance functions of FIs. The Monetary Authority of Singapore (MAS) announced today a new Regulatory Technology (RegTech) grant scheme and an enhancement of the Digital Acceleration Grant (DAG) scheme to accelerate technology adoption in the…

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Central 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…

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The 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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Expansion beyond borders priority for APAC businesses

Streamlining the way the future of work opeartes with technology is key enabler to a modern workplace. Asia Pacific (APAC) business decision makers are calibrating their digital transformation strategies while balancing cost management initiatives and plans for growth in new markets. In a recently released report, The APAC Transformation Vision: Balancing…

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BSIMM11 Digest: The CISO’s Guide to Modern AppSec

Many organizations have struggled to adapt and improve their application security (AppSec) to keep pace with development cycles. To succeed, AppSec must be integrated into every stage of the development pipeline—in other words, DevSecOps. How can security leaders know how much is too much when it comes to their AppSec… Read More

Innovation and digital transformation drives transformation in India

India’s ICT Spending to grow by over 10 per cent to reach US$91 billion in 2021. Enterprises’ focus during the current pandemic to ensure future growth, innovation, and resilience is helping to revive Indian ICT spend to a strong positive outlook in 2021. International Data Corporation (IDC) forecasts India’s ICT Spending…

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CSIRO aims to collate disparate digital transformation projects

Australia’s national science agency needs someone bring it all together. The CSIRO is currently looking for a Digital Transformation Strategist to work with IM&T, Data61 and BUs to bring together a CSIRO Digital Strategy. Digital Transformation of CSIRO’s scientific inquiry is critical for its future leadership and relevance on the world…

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In search for a digitalised society through banks

Kuroda Haruhiko Governor of Bank of Japan talks about fintech as a service. The term “as-a-Service,” appearing more frequently nowadays, seems to indicate servitisation of product functions or, to put it simply, a business model for providing “services” on customer demand, instead of “sales” to sell products out to customers.…

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Digital wealth management in APAC

Developing efficient digital capabilities to cater to mass markets. Both traditional Asian banks and top foreign banks in the Asia Pacific region are experiencing growing competition from two types of technologically advanced players. One is the emerging WealthTech firms that are developing advanced B2B and B2C digital solutions, while the…

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