HONG KONG (Reuters) – Hong Kong’s shopping districts are well known for their fierce competition. Now, a new battleground is forming as digital payments firms fight for retailers and shoppers. Chinese tech giants like Tencent Read more…
Alternative payment methods such as mobile and digital wallets are steadily displacing traditional payment methods such as cards, bank transfers and cash/cheques in the Asia-Pacific (APAC) e-commerce market, according to data and analytics company GlobalData. Read more…
Bharti AXA Life Insurance and Airtel Payments Bank announced an alliance to offer a government-backed life insurance scheme aimed at increasing the penetration of life insurance among underinsured masses and contributing to financial inclusion in Read more…
YANGON (Reuters) – Facebook has been “too slow” to address hate speech in Myanmar and is acting to remedy the problem by hiring more Burmese speakers and investing in technology to identify problematic content, the Read more…
LONDON (Reuters) – Commodity firms and banks have been diving into blockchain pilot schemes over the last two years but the new technology’s application for most trading has likely been overhyped, a report by Boston Read more…
Nokia says its ‘cloud-native’ core technology is being deployed by Idea Cellular in Delhi as part of the operator’s transformative steps toward digitalization to meet increasing data demand and mobile broadband growth. The technology will Read more…
NEW YORK (Reuters) – US entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T, accusing it of fraud and gross negligence in connection with the theft of Read more…
Flattening smartphone growth and the promise of using artificial intelligence (AI) to enhance user services are increasingly spurring smartphone companies to focus more on producing AI-powered applications on people’s mobile devices. Here’s a look at Read more…
Cloud computing ranks as the top risk concern for executives in risk, audit, finance and compliance, according to the latest survey by Gartner. While cloud computing presents organizations with novel opportunities, a number of new Read more…
LONDON (Reuters) – Britain’s five biggest banks had a total of 64 security or operational incidents that cut customers off from telephone, mobile or online banking in the second quarter of 2018, according to disclosures Read more…
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