OCBC Bank has seen a surge in the use of PayNow by its small and medium enterprise (SME) customers, among whom seven of every 10 have registered for the funds transfer service. The volume of PayNow transactions by the bank’s SME customers in the first 10 months...
JustCo, a co-working company, has launched its Digital Future of Work Platform at an event officiated by Singapore's Minister for Trade and Industry Mr. Chan Chun Sing. JustCo's new platform uses digital technology to enable users to decide where and how to work, depending on each individual's...
Trend Micro Incorporated has released survey results confirming that the pandemic has accelerated digital transformation for 88% of global organizations. However, this increase in cloud adoption may leave business data insecure. Trend Micro commissioned Sapio Research to interview 2565 decision makers in 28 countries, across...
The pandemic has made online florist sales boom in 2020, even as the social distancing measures in place have caused overall sales in physical stores to drastically plummet. "Shortly after the pandemic came in full force, we projected that our sales would slump to...
The F&B industry was hit especially hard by the emergence of COVID-19, with the down turning economy, lockdown measures and dine-in restrictions leading to the sector reporting a year-on-year loss of almost 30 percent at the end of Q3. Recently, however, the F&B sector has seen an...
COVID-19 has seen consumers across the world ditch cash and in-person shopping in favour of online spending, according a Standard Chartered global survey. Almost two-thirds of survey respondents (64 per cent) agree that COVID-19 has made them more positive about online shopping, but they are also more...
Trend Micro Incorporated released research earlier this year that states organizations' on-premise and cloud-based servers are compromised, abused and rented out as part of a sophisticated criminal monetization lifecycle. The findings come from the second of a three-part report series looking at how the underground...
The COVID-19 pandemic has posed challenges to the education and training industry, a sector which has valued face-to-face interactions and, as such, has tended to resist digitalisation. With rules and restrictions aimed at reducing social contact implemented as a response to the pandemic, the sector has been...
It’s no secret that 2020 has been a challenging year for businesses, particularly SMEs. In response, the Singapore Government has introduced several forward thinking initiatives to support local businesses and help them become more resilient and competitive. Two such initiatives are the S$200 E-invoicing...
One in two Singapore consumers (51 per cent) said they prefer to shop at local businesses to help them recover from the business fallout from COVID-19, according to the UOB ASEAN Consumer Sentiment Study. The study findings come as one in two local businesses have reported revenue...