Abrdn and FNZ have collaborated to introduce a trailblazing digital wealth platform in Asia, a novel approach that brings forth a significant shift in the realm of wealth management. Leveraging technological sophistication, the platform is poised to transform the financial advisory landscape. Its initial launch in the ever-evolving Singapore market represents the potential ripple effects it could create through the
Blockchain technology has fundamentally transformed how we perceive digital trust and transactions. Its potential is undeniable, but as more users and applications join the blockchain networks, they face significant scalability and security challenges. Blockchain rollups emerge as a potent solution to address these issues. Rollups are innovative protocols that can process transactions outside of the main blockchain (off-chain) and then
In a dynamic push to redefine digital banking and attract a new wave of customers, Malayan Banking Bhd (Maybank) has unveiled its latest offering: the Maybank Goal-Based Investment platform. This initiative is set to reshape the investing landscape for novices, with a clear target of drawing in 20,000 new-to-bank patrons by the next year. As a move aligned with the
In the intricate dance of digital deception, the first move belongs to the attacker. Imagine an employee’s inbox dings with a new message; they can scarcely resist the allure of a lucrative job offer. Lurking within that seemingly innocent email attachment is a trap, a cunningly crafted macro that lies in wait for just one click. The execution is swift—a
The unintentional disclosure of HIV statuses following the Central YMCA data breach underscores the precarious state of health information privacy. This incident has propelled the subject of protecting personal health data, particularly for those living with HIV, into the spotlight. Considering the social stigmas and discrimination still facing many with the disease, there is an urgent need to safeguard their
The rapidly evolving financial sector is witnessing a dynamic convergence of technology and traditional wealth management services. In a strategic move to enhance its operational efficiency and client service, Kinsted Wealth has entered into a transformative partnership with Objectway, an international leader in investment management software. This collaboration is set to reimagine the wealth management experience for Kinsted Wealth clients
The rise of cryptocurrencies has captivated the global financial scene, attracting a cavalcade of investors, with the wealthy noticeably at the forefront. Despite the ostensible allure of steep returns from digital currencies such as Bitcoin and Ethereum, a stark revelation emerges: a vast majority of these well-heeled crypto holders seem startlingly unaware of the latent financial hazards. Through incisive analysis,
The finance sector is undergoing a fundamental metamorphosis, driven by digital transformation. As businesses across the globe embrace technological innovation, the finance industry, particularly capital markets, is recognizing the urgency to adapt or risk obsolescence. Capital market software is at the epicenter of this shift, serving as a potent force in redefining traditional paradigms and equipping financial institutions with tools
In an era dominated by digital technologies, cybersecurity has become a critical issue. One of the latest concerns in this arena is the evolution of PlugX, a sophisticated type of malware known as a Remote Access Trojan (RAT). This insidious program is designed to bypass even hardened defenses, challenging the integrity of highly secure, air-gapped systems that are not connected
The cybersecurity realm is always on the move, and the recent unearthing of a severe zero-day flaw in the CrushFTP software platform, identified as CVE-2024-4040, has set off alarms across the board. With a high Critical Vulnerability Scoring System (CVSS) rating of 9.8, the seriousness of this particular weak spot is clear. For organizations relying on CrushFTP for their managed
The WealthTech industry has seen impressive growth in early 2024 after encountering past difficulties. This rejuvenation is particularly evident in mergers and acquisitions, where strategic buyers have played a major role, accounting for over 70% of this renewed activity. The sector’s comeback is further demonstrated by the rise in the average size of deals. In the first quarter of 2024,
In the clandestine world of digital espionage, state-backed hacker groups continuously push the envelope by uncovering and leveraging flaws in technology. A recent incident has sent ripples through the cybersecurity community as such a group methodically exploited previously unknown weak spots in Cisco’s network devices. This development serves as a sobering reminder of the persistent threats posed by cyber warfare.
