World Smart City Awards Honor Excellence in Asian Cities’ Development
The World Smart City Awards, akin to the “Oscars” in smart city development, recognize excellence in emerging Asian cities’ initiatives. With Asia’s cities poised for significant growth, the awards aim to foster collaboration and sustainable development, inviting applications until September 2024. 28 March 2024 – For the past 13 years, the World Smart City Awards, hosted by the Smart City Expo World...
Visa Bolsters Global Security Measures with AI-Powered Fraud Prevention Solutions
Visa strengthens global security measures with AI-driven fraud prevention solutions, targeting various transaction types including immediate account-to-account and card-not-present payments. 28 March 2024 – In an effort to fortify its position as a leader in digital payments security, Visa (NYSE:V) has announced the expansion of its suite of value-added services with the introduction of three new AI-driven risk and fraud...
Mastercard and Worldpay Collaborate to Streamline Transaction Disputes and Reduce Chargebacks
Mastercard and Worldpay’s partnership introduces Ethoca Alerts to streamline transaction dispute resolution, reducing chargebacks and enhancing fraud prevention efforts for merchants worldwide. This collaboration underscores a commitment to delivering seamless transaction experiences and safeguarding the integrity of the global digital economy. 27 March 2024 – Mastercard and Worldpay have joined forces to streamline the...
Visa and Mastercard Reach Settlement with U.S. Merchants, Potentially Saving Billions for American Shoppers
Visa and Mastercard’s settlement with U.S. merchants over swipe fees could potentially save American shoppers billions of dollars. The agreement, which caps credit interchange fees and addresses long-standing grievances, particularly benefits small businesses and highlights efforts towards fairer transaction practices. 26 March 2024 – Visa and Mastercard have reached a significant settlement with U.S. merchants concerning...
WORQ Launches Eighth Co-Working Outlet at Sunway Putra Mall with Full Occupancy
WORQ launches its eighth co-working outlet at Sunway Putra Mall in Kuala Lumpur with full occupancy, offering diverse amenities and fostering sustainability. Positioned near public transportation hubs, WORQ’s strategic expansion aims to meet the growing demand for collaborative workspaces in Kuala Lumpur’s bustling city center. 26 March 2024 – WORQ, a leading provider of co-working and flex space solutions,...
Tencent Cloud EdgeOne Empowers Startups with Free Trials and Advanced Security Solutions
Tencent Cloud EdgeOne offers startups free trials of advanced security solutions, including Content & Intelligent Acceleration and Platform-level DDoS protection, empowering them to navigate the challenges of modern business landscapes with confidence. 26 March 2024 – Tencent Cloud EdgeOne, a leading cloud security and acceleration platform, has announced a groundbreaking initiative aimed at supporting startups in their...
9Pay Introduces Cutting-Edge Payment Solutions for Expanding International Money Transfer Market in Vietnam
9Pay introduces optimized payment solutions tailored for merchants aiming to expand in Vietnam’s remittance-rich market, leveraging its deep understanding of customer needs and regulatory landscape. As Vietnam experiences significant growth in remittances, 9Pay emerges as the leading choice for international money transfer companies seeking efficient and secure payment services in the region. 26 March 2024 – With Vietnam...
Buy996.com Revolutionizes Customer Loyalty in Southeast Asia with Innovative Rewards Platform
Buy996.com introduces an innovative approach to customer loyalty and rewards programs in Southeast Asia, offering brands a platform to elevate their engagement strategies. With a focus on digital innovation and streamlined reward mechanisms, Buy996.com aims to redefine the loyalty landscape, setting new standards for brand-consumer relationships. 26 March 2024 – Amidst the fierce competition for customer loyalty in Southeast...
Kaspersky Study Reveals Cybersecurity Training Challenges Amidst Rising Costs and Skills Gap
Kaspersky’s study exposes the struggle faced by businesses in upskilling their cybersecurity workforce, despite significant annual investments exceeding $100,000. Challenges include a lack of relevant courses covering emerging cybersecurity domains and difficulties in retaining knowledge due to limited practical application opportunities. 26 March 2024 – A recent study by Kaspersky has shed light on the formidable...
Akulaku Secures US$100 Million Debt Financing from HSBC Singapore to Drive Profitability and Expansion in Southeast Asia’s Fintech Landscape
Southeast Asian fintech Akulaku, backed by Alibaba, secures US$100 million debt financing from HSBC Singapore to address existing debts and enhance profitability, emphasizing its improved financial health and commitment to sustainable growth. Despite regulatory challenges, Akulaku remains optimistic about its expansion plans in Indonesia, its primary market, aiming for increased revenue amidst fierce competition in the online lending...
Evolving Brilliance Technologies Leads Carbon Credit Management Initiative in Thailand, Driving Sustainable Development and Innovation
Sarawakian tech startup, Evolving Brilliance Technologies (EB Tech), along with partners MSQ Engineering and Prince of Songkla University, spearheads discussions on the Carbon Credit Management project in Thailand, aiming to bolster environmental sustainability and promote carbon neutrality initiatives. The joint venture, endorsed by Thailand’s Ministry of Natural Resources and Environment, signals a pivotal step towards...
J&T Express Surpasses Expectations with Stellar 2023 Performance: Achieves Record Revenue Growth and Operational Milestones
J&T Express, a leading global logistics service provider, reports exceptional growth and profitability in 2023, marked by significant revenue increases, improved operational efficiency, and enhanced financial stability. 22 March 2024 – J&T Global Express Limited (“J&T Express” or “the Company”, stock code: 01519), a renowned global logistics service provider, proudly announces its stellar...
Tencent Realigns Strategy Towards Casual Gaming Amid Evolving Industry Landscape
Tencent, a leading player in the gaming industry, is refocusing its efforts on developing casual games like “DreamStar” after setbacks with big-budget franchises. This strategic pivot reflects a desire to embrace agility and innovation in response to evolving gaming trends. 21 March 2024 – Tencent, the renowned global leader in the video gaming industry, is undergoing a strategic shift as it refocuses its efforts on...
ASUS Unveils Cutting-Edge GPU Server Solutions at NVIDIA GTC Conference, Empowering AI Supercomputing
ASUS showcases its latest GPU server innovations at the NVIDIA GTC conference, including the ESC NM1-E1 and ESC NM2-E1 servers powered by NVIDIA’s MGX modular reference architecture, aiming to advance AI supercomputing capabilities. Leveraging state-of-the-art NVIDIA technologies and expertise in MLPerf, ASUS offers optimized server solutions tailored to diverse workloads, emphasizing performance, efficiency, and scalability. 21...
Shopee Unveils Insights into Gen Z Shopping Trends and Introduces Enhanced E-commerce Features
Shopee’s study on Gen Z shopping behaviors highlights the growing reliance on e-commerce platforms among this demographic in Southeast Asia, prompting the platform to introduce new features and services to enhance the shopping experience. 20 March 2024 – Shopee, the leading e-commerce platform in Southeast Asia, unveiled the results of its latest study on the shopping behaviors of Generation Z (Gen Z) consumers. The study,...
Visa’s Spring 2024 Threats Report Uncovers Surge in Scams Targeting Individuals and Organizations
Visa’s Spring 2024 Threats Report unveils a surge in scams targeting individuals and organizations globally, fueled by the increasing sophistication of scammers and their exploitation of vulnerabilities in the payments ecosystem. 20 March 2024 – Visa has unveiled its Spring 2024 Threats Report, shedding light on the escalating threats facing consumers and businesses worldwide in the realm of payment security. The report...
Kaspersky Report: Financial Phishing Attempts Surge in Southeast Asia
Kaspersky’s anti-phishing technologies detected nearly 500,000 attempts to follow phishing links on businesses’ devices in Southeast Asia in 2023, specifically targeting finance-related matters such as e-commerce and banking. The Philippines reported the highest number of incidents, with Malaysia, Indonesia, Vietnam, Thailand, and Singapore also experiencing significant phishing attacks, underscoring the importance of...
NRF and Comexposium Unveil Inaugural Retail’s Big Show Asia Pacific in Singapore
The National Retail Federation (NRF) and Comexposium are launching the inaugural NRF 2024: Retail’s Big Show Asia Pacific in Singapore from June 11-13, 2024. This event, supported by the Singapore Tourism Board, will convene retail leaders from across the region for three days of conferences, exhibitions, and retail store tours focused on innovation and technology in the retail industry. 20 March 2024 – The National Retail...
BlackBerry and Rogers Cybersecure Catalyst Join Forces to Empower Cyber Talent in Malaysia
BlackBerry and Rogers Cybersecure Catalyst have partnered to introduce the CLIC program in Malaysia, aiming to enhance cybersecurity education and close the gender gap in the industry by offering scholarships to three qualified Malaysian women. This collaboration underscores BlackBerry’s commitment to bolstering cybersecurity capacity in Malaysia and the wider Indo-Pacific region, facilitated by the upcoming opening of...
Bank Negara Malaysia’s Annual Reports: Insights into Economic Resilience and Growth Strategies
Bank Negara Malaysia’s annual reports for 2023 underscore the nation’s economic resilience, with strategies to promote stability, support MSMEs, manage inflation, and enhance financial sector resilience. 20 March 2024 – Bank Negara Malaysia (BNM) has unveiled its highly anticipated Annual Report 2023 (AR 2023), Economic and Monetary Review 2023 (EMR 2023), and Financial Stability Review for Second Half 2023 (FSR 2H...
