Advanced Analytics and AI: backbones of fraud prevention and security intelligence for FSI

In continuation of the Virtual Breakfast Insight series in collaboration with SAS, OpenGov Asia delivered another enlightening event on 18 August 2020: Powering Next Generation Fraud Prevention and security intelligence through Advanced analytics and AI. The audience for this event comprised of delegates from the financial sector industry based in the Philippines with full house […]

IMDA to support Mobile Operators Interim 5G Offerings in Singapore

Singapore remains on track to deploy two nationwide 5G standalone (SA) networks by 2025, with 5G SA capabilities covering at least half of Singapore by end-2022. 5G SA networks are completely independent of 4G networks, and can deliver a full suite of 5G capabilities including network slicing to support different use-case requirements, significant improvement in […]

HKU index shows fintech market sentiment remains stable

The HKU FinTech Index Series Project released the Hong Kong FinTech Buzz Index (FBI) for the second quarter (Q2) of 2020 on 17 August 2020. According to the 1,190 news articles analysed in the past three months, the FBI for the second quarter (Q2) of 2020 is 101.6, a slight decline of 0.1 index point […]

Hernani Town, the Philippines installs free Wi-Fi for schools and barangay centres

The local government unit (LGU) of Hernani, a fifth-class municipality in the province of Eastern Samar, has installed free Wi-Fi in schools and barangay centres. According to a press release, the project COVID-19 Response to Education and Wi-Fi is one of the Mayor’s priorities. Through the initiative, residents can freely connect to the internet via their […]

Driving forward e-learning in Thailand

Thailand’s country’s third-largest mobile operator by subscribers has joined the Digital Economy Promotion Agency (DEPA) and the Thai Media Fund in rolling out an e-learning platform to enhance digital literacy among youth. The move aims to turn youth susceptible to online abuse into agents promoting digital literacy among friends. The platform was introduced on 17 […]

Vietnam extends 5G network testing licences

The Telecommunications Department said that the Vietnam Post and Telecommunications Group (VNPT) license to test 5G technology has expired, and it has asked for an extension. The state-run Viettel Group and MobiFone’s licences have been extended until January 2021 and May 2021. According to a press release, a representative of the Telecommunications Department under the Ministry […]

Malaysian bank rolls out innovative digital-first solutions

A local Malaysian bank recently introduced two digital-first solutions for customers, namely the online-to-branch account opening process for individual banking customers and Biz Financing Portal for small and medium enterprises (SMEs). These paperless solutions are aimed at making the bank’s banking offerings more accessible, providing safety and convenience by leveraging digital capabilities to enhance the customer […]