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Assessing the Resilience of SMEs Through the Current Economic Recession

The COVID-19 pandemic has proved to be the perfect trigger to the current economic recession, but the global economy was already weak and debt levels were at all times high. When we published our annual report on the “Defaults and

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Banks Must Gear Up for Upcoming Data-Intensive Era, Experts Say

Changing customer expectations, the rise of big techs, and COVID-19 are accelerating banks’ digital transformation, forcing them to upgrade their infrastructure to meet the requirements of the data-intensive era, experts said. At the Huawei APAC FSI Data Storage Summit virtual

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Digital Risks Of Mobile Apps Are On The Rise

Recently, a security firm looked into the apps available on Google Play Store and the App store stated that over 85% of those apps violates at least one security risk. About half of these applications had insecure data storage or

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How to Adopt the Enhanced Version of 3-D Secure for Improved User Experience

Changing customer expectations, the ubiquity of mobile phones and an evolving regulatory landscape are rapidly making the 3D Secure (3DS) standard obsolete. To address customers’ demand for a frictionless e-commerce experience, market participants must adopt 3DS 2.0, experts say. What

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Huawei Aims to Help Banks Unlock Data-Driven Intelligent Finance at Its Virtual Summit

Huawei announced that it will be hosting its APAC Financial Industry Storage Summit 2020 on the 13th August 2020. The high-level summit is targeted at keeping the C-level from banks informed on the latest trends, developments and challenges in data

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Burgopak Supercharges Fintech Card Delivery With Creative Packaging Solutions

Burgopak, a packaging design company based in the UK, has released a new range of packaging solutions designed especially for bank, gift and loyalty cards. The post-friendly Super Envelope range was developed to offer a great customer experience and add

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Huawei Ascends Technology in an Intelligent Era: Winning with an Ecosystem

Artificial Intelligence (AI) is no longer just a catch phrase, but is slowly becoming a new type of general computing technology. Inevitable it is one of the key drivers of technological innovation and thus social and economic revolution. Huawei never

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BASIS ID Disrupts the KYC & AML Data Management

KYC (Know Your Customer) is an integral part of fighting Money Laundering and Terrorist Financing. It has become one of the necessities for every organization in the financial sector. Managing your customers’ KYC data can be very frustrating, however, there’s

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Huawei Cloud Hosts Virtual Summit Showcasing the Importance of Cloud Computing in Internationalization Strategies

Cloud has taken over the enterprise with now 90% of organizations using cloud-based services, according to Deloitte’s Tech Trends 2020 report. Investment in the field is set to boom with the consulting firm expecting cloud investments to double as a

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Why Fraud Detection is Imperative to Asia’s Digital Banking Revolution

In recent years, we have witnessed accelerated growth in Asia’s digital banking sector. More fintechs and newly licensed virtual banks are coming to market to address the unbanked segment, while traditional banks are transforming to manage costs and achieve operational

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