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The antiquated systems of cross-border payments are imposing a substantial financial burden on businesses in Singapore, confining billions of dollars in operational capital and diminishing economic efficiency. This is according to recent research conducted by…
The link will facilitate instant, low-cost fund transfers directly from one bank account to another between Singapore and India. Singapore will be linking its national e-payments system PayNow to India’s Unified Payments Interface (UPI) by mind-2022,…
Australia’s Hansen Technologies has agreed to acquire catalog-driven software vendor Sigma Systems for C$157 million ($116.8 million). Found in 1996, Sigma provides enterprise catalog-driven software products to the communications, media and high-tech…
The Philippines ranked among the countries in the region most vulnerable to hackers who target electronic retail systems, cybersecurity company Trend Micro’s Philippine unit said on Wednesday in a media briefing. Point-of-sale (POS) system malware incidents,…
