This joint project will connect ten scholars from leading universities across the APRU network to examine the changes presented by rapid digitalization in current society.
The bank’s customers are turning to mobile and internet banking services to make peer-to-peer payments given the added convenience and security digital payments provides.
The Government is pushing hard to transform Hong Kong into a leading global financial and logistics centre.
The advanced AI algorithm behind the solution enables the checkout counter to recognize up to five products within one second with an accuracy rate of over 97 per cent, reducing the overall in-store checkout time by 30 per cent.
The insights gained from it are expected to help boost the digital transformation aim of the HKSAR Government.
The online payments firm plans to use this capital to further grow their Malaysian operations and take their online Direct Debit payments platform to the mass SME market.
As a result of the partnership the firms’ customers can now easily receive pay-outs from online marketplaces, as well as provide their customers based in Europe, the UK, or the US with local payment instructions.
The benefit of the university comes primarily in terms of grants and funding as research opportunities grow. Employment numbers for freshly graduated students also increase.
Some of the benefits that blockchain members will experience are faster onboarding, paper-less, more accurate and complete information, enhancing customer experience for Malaysians. Moreover, the tech will push IR 4.0 goals.
Blockchain tech will provide the govt with increased awareness of the industry; it has the potential to help reduce diseases contracted through food as well as increase transparency and cost-effectiveness.