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Singapore banks adopt voice biometrics for user authentication

posted onJune 14, 2016
by l33tdawg

Citi is launching voice biometric verification for customers in Singapore to help to cut user authentication time.

The bank has already implemented voice biometrics for consumer customers in Taiwan, with Singapore, Hong Kong and Australia to follow soon. The service will be available to all 12 of Citi’s consumer banking markets in Asia-Pacific by 2017.

Innovative security research comes to Singapore

posted onSeptember 8, 2015
by l33tdawg

Hack In The Box is set to host its first HITB GSEC security event in Singapore next month with a 3 day single track conference and an all women fireside chat session held alongside the main conference program.

Aimed at showcasing and highlighting next generation global security issues, keynote speakers for the event feature veterans of the security industry and leading security experts including:

StarHub looks to SDN for cloud transformation

posted onApril 28, 2015
by l33tdawg

StarHub has unveiled plans to deploy software-defined networking (SDN) technology across its network, which it says will result in an "open, cloud-based" infrastructure that can better respond to demands from its enterprise customers.

The Singapore telco said it had completed the design of its SDN environment and had begun implementation work on its existing core and access networks. Cisco Systems and Huawei are among several vendors involved in the deployment, StarHub said in a statement Tuesday.

Singapore bank offers financing scheme for startups

posted onFebruary 6, 2015
by l33tdawg

DBS Bank has unveiled a financing scheme to provide an alternative option for tech startups seeking capital in Singapore.

The venture debt programme is designed specifically for startups that have already secured previous funding from angels or venture capitalists. To quality for the scheme, tech startups must be backed by DBS' partner venture capitalists including Vertex Venture, Monk's Hill Ventures, and Golden Gate Ventures, the bank said in a statement.

Singapore Forms New Cyber Security Agency

posted onJanuary 29, 2015
by l33tdawg

Singapore's government will set up a new agency to strengthen cyber security, Prime Minister Lee Hsien Loong's office said Tuesday, amid more reports of high-profile hacking incidents worldwide.

The Cyber Security Agency of Singapore, to be established on April 1, "will provide dedicated and centralized oversight of national cyber security functions," Lee's office said in a statement.

Singapore plans to be world's first 'Smart Nation'

posted onJune 17, 2014
by l33tdawg

A new plan that aims to turn Singapore into the world's first "Smart Nation" was unveiled by the island state's Infocomm Development Authority (IDA) at the opening of the CommunicAsia trade show here today.

Trials will begin soon in the Jurong Lake District, a new urban hub about 40 minutes from the city center. Above-ground boxes connected to fiber-optic lines will be deployed across the country at street lights or bus stops.

Singapore broker urges 'light touch' Bitcoin regulation

posted onApril 17, 2014
by l33tdawg

Singapore should adopt a light touch approach in regulating virtual currencies such as Bitcion, and instead allow technology to do most of the "governing" to safeguard against illegal activities. 

According to David Moskowitz, director of Singapore-based Bitcoin broker, Coin Republic, regulation alone will not necessarily achieve its goal of addressing concerns such as money laundering or the failure of a Bitcoin exchange.