Latitude Financial hit by cyber incident

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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Institutional adoption of bitcoin may be used as digital gold

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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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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