Market Watch

ABBANK accelerates customer-centricity for business owners through platform innovation Media OutReach Newswire 15-01- 2025 03:12 PM HANOI, VIETNAM – Media OutReach Newswire – 15 January 2025 – Backbase, the pioneer in Engagement Banking, has announced that its customer, An Binh Commercial Joint Stock Bank (ABBANK), has successfully launched a new business digital banking platform – ABBANK Business, marking a pivotal step in ABBANK’s commitment to supporting all enterprise segments, enhancing customer-centric digital experiences across Vietnam. With this launch, ABBANK provides business owners with enterprise-grade technology and digital banking capabilities through the Backbase Engagement Banking Platform, leveling the playing field and delivering a seamless, secure platform for business growth and financial management. This platform adoption represents one of ABBANK’s bold moves in the digital space, simplifying banking for SMEs and entrepreneurs through a fast, secure, app-based service. ABBANK Business delivers three core business values: superior management, fast and secure functionality, and a seamless user experience. Key features for the launch phase include customizable account numbers, quick bill payments for utilities, international money transfers, and a dashboard that provides an easy overview of assets, interest rate updates, and recent transaction information. With the agile working model, the advanced features are under […]

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VOV.VN – Digital transformation is not just an opportunity but also a responsibility for every business, Party General Secretary To Lam said at the sixth National Forum on Digital Enterprises Development in Hanoi on January 15. Party General Secretary To Lam addresses the sixth National Forum on Digital Enterprises Development in Hanoi on January 15 Addressing delegates in presence, To Lam expressed his delight at the robust progress of Vietnam’s digital technology industry in recent years, saying the digital startup ecosystem is growing stronger, and the digital technology industry has become one of the country’s key economic sectors, making significant contributions to economic growth and sustainable development. He commended the local digital technology business community for their relentless efforts and remarkable achievements in applying new technologies, creating innovative products and solutions across various fields, from manufacturing to services. These efforts have strongly propelled the national digital transformation process, enhanced growth quality, and improved the living standards of the people, he stressed. The Party General Secretary also candidly pointed out several limitations that need to be addressed to ensure the robust development of digital technology and national digital enterprises. According to the leader, the growth of digital technology remains uneven […]

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Zalo Facebook Twitter Print Copy link Kuala Lumpur (VNA) – Malaysian Prime Minister Anwar Ibrahim has said that the country must embark on digital transformation within its economic and financial sectors, prioritising areas such as blockchain and cryptocurrency to remain at the forefront of the digital age. Speaking at a press conference at the conclusion of his visit to the United Arab Emirates (UAE) on January 14, Anwar stressed that digital transformation encompasses more than just data centres and artificial intelligence (AI), but also needs to focus on fintech. He urged relevant agencies, including the Securities Commission, the Treasury, and Bank Negara, to examine critical areas to ensure Malaysia keeps pace with global developments, while maintaining oversight to protect public interests. The PM affirmed that financial innovation will reshape the global financial landscape. He hailed the UAE’s development in this field, saying the UAE’s closer cooperation with Malaysia offers valuable opportunities. Previously, the two countries signed a memorandum of understanding (MoU) on AI cooperation. According to Anwar, Malaysia – as Chair of ASEAN 2025 and the UAE – as Chair of the Gulf Cooperation Council (GCC) this year, have agreed to leverage platforms such as the ASEAN – GCC […]

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Zain KSA obtains DGA license for comprehensive digital authentication services, advancing secure e-transactions and supporting Saudi Vision 2030 digital transformation. Zain KSA announced that it has obtained a license from the Digital Government Authority (DGA) to independently provide comprehensive digital authentication services in the Kingdom. This achievement builds on the company’s efforts to provide innovative digital solutions to the business sector, supporting nationwide digital transformation in accordance with the goals of Saudi Vision 2030. In line with the Digital Government strategy, this achievement emphasizes Zain KSA’s commitment to enhancing customer experience by facilitating electronic transactions that accelerate digital transformation and elevate data security. Through this license, Zain KSA can provide all digital authentication services to its government and private enterprise clients. This ensures reliable, legitimate digital transaction procedures backed with advanced technology, and integrated with the government’s key systems to maintain data integrity and confidentiality. Zain KSA’s digital authentication services will be fully compliant with local and global legal regulations and security standards and preserve them in a secure cloud-based platform. The license acquisition was announced during the 19th United Nations Internet Governance Forum (IGF), hosted in Riyadh. International experts convened to discuss and come up with action-oriented policy […]

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Risk-Analytics-Market The Risk Analytics Market is growing significantly as businesses increasingly focus on mitigating potential risks amid the ongoing digital transformation. AUSTIN, TX, UNITED STATES, January 15, 2025 / EINPresswire.com / — The Risk Analytics Market size was USD 40.54 billion in 2023 and is expected to reach USD 116.27 billion by 2032, growing at a compound annual growth rate (CAGR) of 12.42% over the forecast period of 2024-2032. Get Sample Copy of Report: https://www.snsinsider.com/sample-request/3545 Keyplayers: Alteryx, SAS, Oracle, IBM, Recorded Future, FIS, Moody’s Analytics, SAP, Verisk Analytics, AxiomSL, Provenir, Gurucul, Quantexa, AcadiaSoft, Kyvos Insights, Qlik, DataFactZ, CubeLogic Limited, BRIDGEi2i, Risk Edge Solutions, Spin Analytics, Equarius, Quantifi, Actify Data Labs, Risk Analytics, Zesty.ai, Amlgo Labs, Artivatic, Artivatic, RiskVille Key Factors Driving the Growth of the Risk Analytics Market Role of Risk Analytics Software: oHelps businesses manage a variety of risks such as cyberattacks, fraud, operational risks, and compliance issues. oDesigned to identify, evaluate, and manage risks proactively, preventing potential crises. Impact of Digitalization: oIncreased frequency and sophistication of cyberattacks, including data breaches and fraud, fueling demand for robust protection. Market Growth Drivers: oGrowing need for risk mitigation solutions in financial institutions, particularly in BFSI sectors. oAdoption of IoT, mobile […]

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The digital landscape is evolving at pace, with tightening regulations across all areas. In this theme, we explore the trends set to shape the year ahead, from growing AI-related risks and the surge in tech M&A activity, to increasing opportunities to commercialise data. Lessons from cases such as AT&T vs. Broadcom also highlight the importance of aligning digital transformation strategies with operational realities. As the EU and UK pursue the shared goal of operational resilience through distinct approaches, businesses must navigate evolving compliance landscapes. Scroll down to explore the 2025 Digital articles Horizon Scanning programme

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Lessons from the AT&T vs. Broadcom Dispute Digital transformation is continuing at pace, with organisations starting to deploy new transformative technologies like AI and fully embrace cloud and other service based solutions. However, as we become more reliant on our digital service providers, it is increasingly important to ensure that our contracts with them provide sufficient stability and certainty. Suppliers are facing increased costs, both to supply their services and to comply with an increasingly complex web of digital regulation, and they may therefore be looking to fully enforce their contracts where there are financial incentives to do so. Last year’s (now settled) dispute between Broadcom and AT&T is an example of this. So what lessons can we take from this dispute when negotiating new digital arrangements in 2025? AT&T v Broadcom: the facts When Broadcom took over VMware, it announced (in December 2023) that it would restructure VMware’s software licensing model, moving from a perpetual licence model to subscription licensing products (with such products sometimes being “bundled” with other products). AT&T, the Fortune 500 telco giant, had a perpetual licence of VMware virtualisation software and did not want to move to the new subscription model, which would result […]

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Biopharmaceutical leader Takeda has officially announced the opening of its Innovation Capability Center (ICC) in Bengaluru, India. This center is a crucial part of Takeda’s global digital transformation strategy, which involves insourcing capabilities to develop digital solutions. The new ICC is set to fill over 750 roles, significantly contributing to Bengaluru’s innovation landscape. As Takeda’s first such center in Asia, it builds on successful models in Slovakia and Mexico. The initiative underscores Takeda’s commitment to using advanced digital technologies and local talent to enhance healthcare delivery and accelerate research, aiming for sustainable growth and transformative patient care. (With inputs from agencies.)

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Share on: CAMSRep, an insurance repository, has serviced over 1 crore policies in the electronic format, driving digital transformation in the industry. Read more about their initiatives. Illustration: Dominic Xavier/Rediff.com Chennai, Jan 15 (PTI) CAMSRep (CAMS Insurance Repository Services Ltd) has accelerated its digital transformation of insurance benefits by servicing over 1 crore policies in the electronic format, a top official said. The move comes in the backdrop of the insurance regulator IRDAI mandating electronic issuance of policies and the introduction of Know Your Customer across all insurance purchases and also increasing awareness among customers. CAMSRep has been at the forefront of the digital drive in the insurance industry and was one of the first repositories to start operations, the company said in a statement on Wednesday. "Only about 15 per cent of our electronic Insurance Accounts come from Top 10 cities, indicating that the digital participation is much deeper than just urban area and Indian consumer is much at ease with digital channels," CAMSRep CEO Vivek Bengani said. "NRIs, particularly professionals working abroad, find electronic Insurance Accounts the most convenient way to manage their insurance portfolio. Maintaining insurance policies in electronic Insurance Accounts eliminates the risk of missing […]

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The TechForward Policy Fellowship equips professionals to shape Africa’s digital future through expert training, mentorship, and a fully funded policy conference. Apply below: When is the Application Deadline: The application deadline is January 24, 2025. Tell Me About The TechForward Policy Fellowship: The TechForward Policy Fellowship is a three-month hybrid program offered by the Africa Center for Digital Transformation (ACDT). It is designed to empower early and mid-career professionals to shape Africa’s digital future by equipping them with the tools, knowledge, and networks necessary to develop innovative, sustainable, and inclusive digital policies. The program includes expert workshops, policy clinics, mentorship, a capstone project, and a fully funded in-person policy conference. Check : Fonseca Leadership Program 2025 For African Conservation Leaders Pursing A Masters Or Ph.D. Degree (Scholarship Available) CALL FOR APPLICATIONS: Learnpally Undergraduate Scholarship 2025 For Nigerian Students McCain Institute Global Leaders Program 2025 for Leaders Worldwide (Fully Funded to the US) Which Fields are Eligible? The following fields are eligible: Technology Public policy Economics Social sciences with a focus on digital transformation. Type: Fellowship Who can Apply for the TechForward Policy Fellowship? Also, before applying, ensure you meet the following criteria: Applicants must be 18–30 years old at […]

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