Profile: Navigating a FinTech in a COVID-19 world

Ned Lowe chief technology officer of Singlife speaks to CIO Tech Asia about life as a senior IT decision maker during a pandemic. The main difference between a traditional financial institution and a disruptive financial tech start-up is — culture, says Ned Lowe, chief technology officer at Singapore-based Singlife uses…

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Modern banking makes the sector vulnerable to attacks

No sector was more regularly targeted than the financial sector The financial sector has seen a “staggering 238 per cent increase” in cyber attacks and ransomware attacks have increased nine-fold since the beginning of February to the end of April 2020. This is according to VMware Carbon Black’s third annual…

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Chunghwa Telecom releases earnings for first quarter 2020

Taiwanese telco revenue decreased by 6.2 percent The outbreak of coronavirus has been blamed for the “challenging start to 2020”, for Taiwan telecommunications company, Chunghwa. In a statement to the media Chi-Mau Shieh chairman and CEO of Chunghwa Telecom said, the telco had entered the pandemic in a “position of…

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Singapore Budget 2020 offers tech opportunities and challenges

Singapore Deputy Prime Minister and Finance Minister Heng Swee Keat signals country as “global-Asia node of technology, innovation and enterprise in 2020 budget In his release of Singapore’s Budget 2020, Deputy Prime Minister and Finance Minister Heng Swee Keat said structural changes in the country bring both opportunities and challenges.…

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