Hong Kong Monetary Authority to create supervisory ‘sandbox’ for regtech

The sandbox was created to answer the questions raised about the opaqueness of the processes involved in machine learning and artificial intelligence.
How CEOs should utilise digital transformation

There is an urgent need for CEOs to listen to their customers in order to thrive amid digitalisation. Consumers who are pleased with their digital experience were over eight times more likely to stay with a brand than those who were unsatisfied.
Survey finds most big Thai businesses embrace digitalisation

The survey reported that 90 per cent of Thailand business leaders believed that digital transformation should be more widespread throughout the organisation.
Ride-sharing app to expand mobile wallet services

Gaining the approval of the Bangko Sentral ng Pilipinas has allowed the Company to help millions to participate in the cashless, digital economy without the need for a bank account or having to download a separate and additional set of apps.
Malaysian students design tech to harvest solar energy on water

The latest design has an optimised the programming code for the tracking system and features like the tilting motion, modular function, ‘brain’ module, electrical ring connector and the anchoring pole for the vertical motion.
NSW opens mental health month with virtual mentoring trial

Digital storytelling will share stories by people who know what it is like to be cared for in a hospital for mental health reasons. This is significant as nearly half of all Australians will experience some form of mental illness during their lifetime. No one has to suffer alone.
Tech enabled security

OpenGov Asia attends the Security Industry Conference and Safety and Security Asia Exhibition 2018. Minster for Manpower and Second Minister for Home Affairs, Mrs Josephine Teo, emphasised the need for modernising security services.
Spatial data infrastructure to advance Hong Kong’s smart city goals

The CSDI would enable people to make decisions about everything from garbage truck pickups to public health programs by simply looking at the collected data to see what it reveals about populations.
Indonesia’s ITB develops Blockchain ID to protect data

Users will be able to change, manage their own data and be able to track who else maybe using their identity. Having preventive measures in place, against the possibility of misuse of personal data, will be very useful especially in this digital era.
The Indian law enforcement leveraging AI to identify criminals

The facial recognition technology can identify a particular person and accounts for variables such as facial changes, age-gender handling and facial occlusion. The algorithms can conduct a deep-facial analysis within a millisecond with almost 95% accuracy.