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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 3 place · 09/27/2021 00:50 EDT

These Asian counties are testing with cross-border digital payments platforms with South Africa

Central banks of Singapore, Australia, Malaysia, and South Africa will develop and test a shared platform to process cross-border digital currency transactions. These four central banks would be looking to build prototypes of shared platforms using multiple CBDCs. After China, many governments and central banks have been exploring the use of central bank digital currencies... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia 3 place · 09/26/2021 22:50 EDT

Australia-Singapore solar energy project gets green light from Indonesia

Indonesia approved a giant solar energy link between Australia and Singapore after a US$2.5 billion investment promise, authorities said Thursday.  Southeast Asia’s largest economy has agreed to allow Sun Cable’s Australia-Asia PowerLink or AAPowerLink route through Indonesian waters and approved the undersea survey permit.  “We expect this project will have a sustainable impact for our... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia 1 place · 09/26/2021 20:50 EDT

UOB Bank Malaysia SEA’s first to use online video call service for insurance advice

Insurance advice, or any kind of face-to-face advisory during pandemic lockdowns can be quite challenging for both banks and their customers to achieve.  In fact, physical banking itself is seeing marked reductions, even when lockdowns have largely eased, especially in Southeast Asia. Global consulting firm Roland Berger has projected the closure of over 9,000 bank... Read more » Read more ›

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 1 place · 09/24/2021 00:50 EDT

Personal details of 106 million international travelers to Thailand exposed

International travelers who traveled to Thailand in the last decade might have had their information exposed in the incident. The database totaled about 200GB and contained details such as date of arrival in Thailand, full name, sex, passport number, residency status, visa type, and Thai arrival card number. Personal data of more than 106 million... Read more » Read more ›

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 2 place · 09/23/2021 22:50 EDT

Embedded finance ensures BNPL is not making banks irrelevant

The buy now pay later (BNPL) is becoming quite a revolution around the world today. The easy, no-frills concept that allows shoppers to pay for their items over a period of instalments without the need of a credit card or even a credit check, and interest-free most times, is not only increasing consumer purchase power... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia 3 place · 09/23/2021 20:50 EDT

Only a third of developers truly understand the security policies they work with

Robust security policies are critical to the safety of companies — not just for the systems in which their data are stored, but also for their staff. As such, the relationships between the development and security teams have a major impact on organizations, especially in terms of benefits.  They include increased collaboration, more secure applications,... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia · 09/23/2021 02:50 EDT

There’s a gender barrier to mobile phone ownership in Asia – and it matters

Women globally are disproportionately affected by inequality, especially in employment, and when it comes to internet access and phone ownership, it is not much different. However, a record number of women in South Asia now use mobile internet services, helping shrink the phone ownership gender gap to 15% from 19% last year in low-and middle-income... Read more » Read more ›

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia · 09/23/2021 00:50 EDT

Advocating a sustainable environment with modern technologies

Creating a sustainable environment is on the agenda of every organization today. While most companies do this as part of their corporate social responsibility efforts, there has been an increase in organizations that are advocating sustainability in the products and services they develop and offer as well. For example, almost all the big tech companies... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia · 09/22/2021 22:50 EDT

The applications of AI in India’s agriculture industry

AI applications and agritech may just be the answer to India’s stagnating agriculture industry. With a population of 1.27 billion, India is the world’s second-most populous country and the world’s seventh-largest at 3.288 million sq km.  India produces 25% of the world’s pulses and is also the second-largest producer of rice, wheat, sugarcane, cotton, groundnuts, as... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia 1 place · 09/22/2021 00:50 EDT

Economies are at peril if the employment gender gap isn’t closed

This is the last of a two-part series on how the pandemic has affected women and their employment prospects Read the first part here Whilst the pandemic has affected all genders and almost everyone around the world, women are still getting the shorter end of the stick as the employment gender gap increases. A widening... Read more » Read more ›

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 1 place · 09/21/2021 22:50 EDT

Why is it getting harder to secure healthcare data?

Healthcare data continues to be a prime target for cybercriminals all over the world. In Southeast Asia, several healthcare facilities have fallen victim in recent times to cyberattacks. The most recent healthcare cyberattack in Southeast Asia was in an eye hospital in Singapore whereby hackers were able to gain access to the healthcare data of... Read more » Read more ›

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 2 place · 09/21/2021 20:50 EDT

Why did Amazon ban 3,000 Chinese-backed online stores?

Amazon, the world’s largest e-commerce company, had closed about 3,000 merchant accounts that were backed by 600 Chinese brands on its platform.  The vendors were caught offering rewards, including gift cards, for customers leaving reviews. Amazon sold an estimated US$295 billion worth of products from various brands worldwide in 2020, with many sellers successfully trading... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia · 09/21/2021 02:50 EDT

Digital tech is the future, but a new report shows Australia risks being left in the past

Digital tech is now at the heart of our everyday lives, as anyone who has swapped their office for a videoconferencing screen or downloaded a contact-tracing app, knows only too well. This trend is set to continue even in a post-COVID world. Australia is at a crossroads in developing a strong digital economy to meet... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia · 09/21/2021 00:50 EDT

Safety and security most important when buying online, say shoppers

Buying online — a necessity for most during this pandemic, a hobby for many. But what do customers truly value when it comes to shopping online? Burgeoning e-Commerce and m-Commerce (mobile commerce) markets such as Singapore, Indonesia, and the Philippines, are seeing huge uptakes in online sales.  However, a survey by fraud prevention provider Vesta... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia · 09/21/2021 00:50 EDT

Women are suffering from the growing employment gender gap

This is the last of a two-part series on how the pandemic has affected women and their employment prospects Read the first part here Whilst the pandemic has affected all genders and almost everyone around the world, women are still getting the shorter end of the stick as the employment gender gap increases. A widening... Read more » Read more ›

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia · 09/20/2021 22:50 EDT

Huawei leads China to dominate 6G race against US & Japan

Though the US imposed a ban on Huawei a year ago, the company is well-positioned to continue to lead in the coming 6G era Both Japan and the US lag behind China in terms of 5G development and deployment and both countries are pouring money into 6G development. About a year ago, on September 15,... Read more » Read more ›

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia · 09/20/2021 20:50 EDT

This Vietnamese startup is smartly transforming the healthcare sector through technology

Healthcare technology is often dominated by large enterprises. But now, startups are developing solutions that can provide healthcare professionals better tools to deal with their patients. Considered one of the fastest-growing markets in ASEAN, Vietnam’s startups are starting to make their mark not just there, but globally as well. Med247 is a Vietnamese startup that operates... Read more » Read more ›

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Tech Wire Asia
Entrust Datacard @ Tech Wire Asia · 09/20/2021 03:29 EDT

Do away with passwords — multifactor authentication is your best bet now

Compromised user credentials remain the primary root cause of 80% of all data breaches. This is all the more true considering the recent ransomware attack on Colonial Pipeline where it was found that a legacy VPN (virtual private network) was protected by only a single password. As workforces shift to remote working arrangements, cloud usage... Read more » Read more ›

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Tech Wire Asia
Tech Wire Asia @ Tech Wire Asia · 09/20/2021 02:53 EDT

Better data analysis for better decision making

Data is a natural resource. Its potential must be harnessed carefully from its collection and management to its analysis and insights. In this digital frontier, Statista projected the global data creation to exceed 180 zettabytes by 2025. That’s more than 180 billion terabytes or — if you like zeroes — 180,000,000,000,000,000,000,000 bytes, or 144 x... Read more » Read more ›

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Tech Wire Asia
Rizing @ Tech Wire Asia 3 place · 09/20/2021 01:44 EDT

The conversation, work-life balance and more: post-pandemic HR in discussion

Last year, businesses were thrown into survival mode, doing their best to respond to the pandemic. This year is all about being proactive and shaping the industry to thrive. Last year, it was about upgrading apps and devices. This year, the focus is on enhancing the employee experience. What good is the company when the... Read more » Read more ›

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