Singapore’s Central Bank, the Monetary Authority of Singapore (MAS), has warned members of the public not to be misled by fraudulent websites that solicit investments in cryptocurrencies using fabricated information attributed to the Singapore Government. These websites falsely claim that Singapore is adopting a...
Backbase has released the APAC-focused IDC InfoBrief, "Accelerating Customer-Centric Transformation by Balancing Build and Buy - A Collaborative Approach Towards Sustainable Digital Banking Architecture." This in-depth report draws insights from 125 banks and 316 CIOs in APAC, offering a regional perspective on digital transformation....
Sophos, a global leader in next-generation cybersecurity, announced a new sectoral survey report, “The State of Ransomware in Manufacturing and Production 2023,” which found that in more than two-thirds (68%) of ransomware attacks against this sector, the adversaries successfully encrypted data. This is the highest reported encryption...
Across the Asia Pacific, the unprecedented mass migration of organizations' IT infrastructure to cloud and digital systems in the past year has compressed years of planned digital transformation into a matter of months – or even weeks.While this agility is impressive, the addition of countless new devices,...
The Singapore Business Federation (“SBF”) and V3 Fintech Pte Ltd (“V3 Fintech”), the digital financial services unit of Singapore SME V3 Group Limited (“V3”), announced in December 2019 the establishment of Beyond Lab, a regional digital academy focused on supporting SMEs in adopting digital technology to increase...
FedEx Express’ annual APAC SME Research Report has revealed that small businesses in Asia are using technology to drive exports worldwide. For the first time, the proportion of SMEs that export beyond Asia exceeds the proportion who export only to countries within the region. Overall, the number of SMEs exporting beyond Asia is...
In today’s digital world, customer service expectations are evolving at such a fast pace. Fast response times, round-the-clock availability and omni channel service sits high on the wish list of today’s consumers when asked about customer service expectations.  According to the latest e-Conomy SEA Report, Southeast Asia...
New research found that 91% of Singapore employers – the highest globally – struggle to keep employees engaged in their duties, with more than half saying boring and inefficient office tasks are the primary obstacle to productivity. The report by Laiye, an intelligent automation solutions provider, surveyed 1,300...
A study commissioned by Workday has found that four in 10 organisations in Singapore (37%) are still lagging in digital agility, being in the slow and tactical stages of digital agility maturity. This is despite the opportunity to accelerate digital transformation and increase technology adoption during the pandemic.
The tech market has been volatile of late. We’ve witnessed massive retrenchments and lay-offs in the tech industry recently at tech giants like Tesla and Shopee. Despite this, there remains a tech talent crunch, and experts suggest that tech-related job roles will still...