A month after the financial company closed its BNPL services in Australia Financial announced on 16 March 2023 that it had detected unusual activity on its systems which it can now confirm as a sophisticated, well-organised and malicious cyber-attack which remains active. The company recognised distress to customers caused by…
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There’s now a distinct shift away from a cryptocurrency driven by retail investors to one with more mainstream adoption. Following moves by firms such as Tesla, Visa and Mastercard to incorporate bitcoin into their payments infrastructure, institutional banks appear to be getting in on the bitcoin act, according analytics firm…
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IDC estimates the software spending for customer centricity will account for 27 per cent of the total software spending for financial services in the region. Financial institutions in Asia should be aware and understand the technologies that can help them with prime strategies and evaluate the characteristics in order to…
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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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