Information Technology
6 in 10 consumers demand ‘robust digital identity verification’ from financial services
                                                                                 
                    
                    This is based on a survey conducted by Jumio.
                
                                
            6 in 10 consumers demand ‘robust digital identity verification’ from financial services
                                                                                                                 
                            
                            This is based on a survey conducted by Jumio.
                        
                                                
                        
    
                    Over 70 firms sign up for SG’s trade data exchange platform
                                                                                                 
                        
                        The participants include DBS Bank, OCBC Bank, and UOB.
                    
                                        
                    
                IMDA, NRF fund Digital Trust Centre with $50m investment
                                                                                                 
                        
                        The centre will be used to invest in data privacy and verification of AI tech.
                    
                                        
                    
                SGX's new bond issuance platform to shorten settlement to 2 days
                                                                                                 
                        
                        The block-chain enabled platform is an SGX-Group-Temasek digital asset venture.
                    
                                        
                    
                Gov’t invests in quantum tech to combat cyber threats
                                                                                                 
                        
                        It launches two quantum programmes to manage healthcare and finance data.
                    
                                        
                    
                Which workers saw salary gains in 2021
                                                                                                 
                        
                        Employees in the information and communications sector had a 5.1% wage hike.
                    
                                        
                    
                Singapore to host biggest tech event since borders reopened
                                                                                                 
                        
                        It will be attended by 50 speakers and 12,000 industry key players.
                    
                                        
                    
                75% of IT leaders cite talent shortage as hindrance to cloud transformation
                                                                                                 
                        
                        The dearth of IT talent has led companies to rely on external expertise.
                    
                                        
                    
                Supply chain woes trigger 12.6% decline in Frencken’s Q1 net profit
                                                                                                 
                        
                        The decline was also caused by higher selling and distribution.
                    
                                        
                    
                Cyber attacks rose since enabling work-from-home setup, 44% of CISOs report
                                                                                                 
                        
                        Cloud tools adopted for WFH selected as second most significant threat to organisations.
                    
                                        
                    
                1 in 3 Singapore organisations lost up to $1.348m from data breaches
                                                                                                 
                        
                        More than half of the attacks were credential hijackings.
                    
                                        
                    
                STB adopts Google Cloud Immersive Stream
                                                                                                 
                        
                        The service can be used to stream immersive augmented reality experiences.
Google Cloud's Immersive Stream for XR service has been rolled out for...
                    
                                        
                    
                5G connectivity now available on North East MRT line: Singtel
                                                                                                 
                        
                        Commuters can enjoy uninterrupted 5G connection on and off trains.
                    
                                        
                    
                Grab obtains Data Protection Trustmark certification from IMDA
                                                                                                 
                        
                        It's the first super app to be awarded the certificate.
                    
                                        
                    
                Majority of SMBs to raise IT budget in 2022
                                                                                                 
                        
                        Nine in 10 medium-sized businesses say they expect to raise their IT budget.
                    
                                        
                    
                91% of businesses demand data literacy from workers, but only few provide training
                                                                                                 
                        
                        Only 28% of organisations provide data literacy training, the lowest globally.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                