MAS bolsters security of digital banking

Imposes additional capital requirement on DBS Bank for disruption of digital banking services. The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement following the widespread unavailability of DBS Bank’s digital banking services during 23-25 November 2021. MAS has required DBS Bank…

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Automation no longer a distant dream

75 per cent of executives expecting disruption in next 12 months. The COVID-19 pandemic’s impact on the world of work has had a profound effect on the development of robotics and automation, according to GlobalData. No longer a distant dream, the leading data and analytics company notes that three quarters…

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Uptick in global company sentiment in 2021 amidst digital optimism

Vietnam emerged as a trending country in 2021. Business sentiment continues to show a strong recovery, with 2021 witnessing the highest gain in the past four years on account of positivity around key digital themes and an optimistic outlook. The earnings call transcript sentiment of companies shows 8 per cent…

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Digital twins to become widespread, edge computing to accelerate IoT adoption

The importance of Industry 4.0 technologies to become clearer. The fourth industrial revolution—also known as Industry 4.0—will benefit not just traditional manufacturing and logistics but all areas of business in 2022, notes leading data and analytics company GlobalData. In its latest report, ‘Tech, Media, & Telecom (TMT) Predictions 2022 –…

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Fiber optic lines to dominate fixed broadband landscape in APAC

Governments’ investments and the establishment of NBNs offering fiber on a wholesale basis. Fiber-to-the-Home/Building (FTTH/B)  service is set to cement its position as the leading fixed broadband technology in the Asia-Pacific (APAC) market and will go on to account for 94.8% of the total fixed broadband service revenue in the…

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Collaboration and communications tech to continue to thrive with hybrid working

Companies have growing commitments to environmental, social and governance . The attitudes of both employees and employers towards hybrid working – a style of working that allows for a more balanced home-office work pattern – have fundamentally changed due to the pandemic, according to GlobalData. The leading data and analytics company…

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