AI, Technology & Data

Cybersecurity

Australia Hit by New String of Cyber Attacks

By Editors | 27/03/2023

NGS Super, Crown Resorts and Latitude Financial Services have all disclosed this week that they were subject to cyber attacks.

Clearing & Post-Trade

SWIFT Pilots Blockchain Solution to Tackle Corporate Actions Frictions

By Editors | 27/03/2023

The solution demonstrated the potential to reduce manual effort and errors in corporate action processing and deliver operational efficiencies.

Fraud, Scams & Cybercrime

US DOJ Arrests and Charges Founder of Hacker Forum

By Editors | 25/03/2023

BreachForums is one of the world’s largest marketplaces for hacked and stolen data and other contraband.

Cloud & Infrastructure

Hong Kong’s Fusion Bank Launches Business Banking Services

By Sanday Chongo Kabange | 23/03/2023

Fusion Bank promises SMEs a “hassle-free” account opening experience and a six month exemption on fees for new accounts.

Anti-Money Laundering

Philippine Agencies Sign Data Sharing Deal on Beneficial Ownership

By Editors | 22/03/2023

The agreement will allow the SEC to give competent authorities timely access to beneficial ownership information, in line with the FATF recommendations.

Alternative Markets

Malaysia Launches Corporate Venture Capital Programme

By Editors | 22/03/2023

The programme seeks to promote corporate venturing as a potential enabling or innovation strategy to catalyse growth.

Payments & Settlements

Migration to ISO 20022 Message Standard Commences

By Editors | 22/03/2023

This marks a significant milestone for the payments industry and the start of a coexistence period until November 2025, Swift said.

Fraud, Scams & Cybercrime

New Cybercrime Prevention Law Takes Effect in Thailand

By Editors | 19/03/2023

The law allows banks to temporarily suspend illicit bank accounts without having to wait for a fraud to occur.

Cloud & Infrastructure

ASX Forms New Unit to Focus on Technology & Data

By Sanday Chongo Kabange | 18/03/2023

ASX says the introduction of a CIO role and the creation of a new technology unit will allow a greater focus of efforts on data and technology innovation.