Archive

10 Largest Crypto Hacks, Heists and Exploits of the Past 15 Months

Cryptocurrency-related hacks and scams continue to cost businesses and consumers billions in losses each year. Although overall crypto-related fraud activities have declined since at least 2019, data from blockchain analytics and crypto intelligence firm Ciphertrace suggests that criminals are now

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ADVANCE.AI Harnesses Dow Jones’ Compliance Solutions to Bolster Core Services

ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company, has teamed up with Dow Jones, a global provider of news and business information, to strengthen its core suite of B2B risk and compliance products across South and Southeast Asian

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Three Reasons Why APIs Are Driving Fintech’s Stellar Growth

Startup funding is currently flowing at an unprecedented rate, and fintech is turning out to be one of the biggest beneficiaries. In the first quarter of 2021, Singaporean fintech startups saw a surge in funding of over 350% compared to

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Five Common Trading Mistakes Beginners Make!

Would you consider yourself a beginner when it comes to trading? Maybe you haven’t even started to invest? If you want to prepare yourself and want to learn more about investing, one crucial step is to know the most common

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Fixing Your Firm’s Technical Debt Burden: Webinar by OutSystems

Enterprise software development platform OutSystems will be hosting an interactive discussion on “Best Practices for Avoiding and Fixing Technical Debt,” with a panel of accomplished speakers on board. Technical debt refers to resources and costs that will have to be

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MAS Appoints Chief Sustainability Officer to Helm New Sustainability Group

The Monetary Authority of Singapore (MAS) announced the formation of a new Sustainability Group and the appointment of Dr Darian McBain as its Chief Sustainability Officer, with effect from 1 October 2021. The new Sustainability Group helmed by Dr McBain

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Stronger Mobile Application Security Is the Key to Revenue Growth

Financial institutions have been moving towards expanding digitisation for years, offering remote banking services, and prioritising the customer experience in digital platforms. In 2020, however, the COVID-19 pandemic has dramatically accelerated this shift. With less access to bank branches, the

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DPM Heng Swee Keat Reiterates Mission to Nurture Fintech Talents With AIDF

The Asian Institute of Digital Finance (AIDF) has been officially launched in Singapore by Heng Swee Keat, the Deputy Prime Minister and Coordinating Minister for Economic Policies. The Monetary Authority of Singapore (MAS), the National Research Foundation (NRF) and the

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A Guide on Mitigating Cloud Adoption Risks Based on MAS’ Advisory

Although organisations across many sectors have accelerated the adoption of cloud environments, the financial institutions (FIs) have been rather reluctant in migrating their services to the cloud. Core transaction processing and other mission-critical tasks are still running on legacy on-premises

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GBG Joins Forces With SEON to Offer Enhanced Fraud Prevention Solutions

GBG, a global digital identity and fraud solutions provider, has announced a partnership with SEON to enhance fraud prevention solutions for fintechs and digital banks in the Asia Pacific region. The partnership with SEON enables GBG to increase effectiveness in

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