The partnership between Amazon Web Services (AWS) and PT Krom Bank Indonesia marks a significant advancement for digital banking in Indonesia. As financial inclusion becomes a priority in the region, this collaboration aims to bridge the gap for underbanked and unbanked populations by leveraging cutting-edge cloud technology. AWS’s robust infrastructure will allow Krom Bank to provide a range of digital
Stampli has taken a giant leap in the accounts payable (AP) industry by introducing Cognitive AI, a sophisticated innovation designed to completely automate purchase order (PO) matching. Unveiled at Oracle NetSuite’s annual SuiteWorld 2024 conference in Las Vegas, this groundbreaking technology promises to transform and simplify one of the most demanding tasks in corporate finance. Understanding Cognitive AI and Its
In a striking revelation by Proofpoint’s cybersecurity researchers in August 2024, an advanced cyber attack campaign has come to light, leveraging an unconventional blend of techniques to deploy custom malware. The malware, named ‘Voldemort,’ utilizes Google Sheets in a manner hitherto unseen, raising significant concerns about the security of trusted platforms generally used for collaboration. This novel approach underscores a
The ever-changing landscape of the mobile GPU market has seen some exciting developments lately, particularly with AMD’s latest offering, the Radeon RX 7800M. This new contender claims a significant leap in performance and aims to challenge the dominance of its mid-range rivals, especially the NVIDIA GeForce RTX 4070 laptop GPU. Let’s delve into the specifics and see if the RX
In an era where cyber threats are constantly evolving, the need for robust and adaptive cybersecurity measures has never been more critical. Organizations worldwide are recognizing the importance of adopting comprehensive frameworks to safeguard their digital assets. Two of the most prominent frameworks that address this need are the National Institute of Standards and Technology’s Cybersecurity Framework (NIST CSF) and
The partnership between Sony Research and AI Singapore is poised to create a significant impact on the field of AI by focusing on the development and refinement of the SEA-LION family of large language models (LLMs). Aiming to address the unique linguistic and cultural needs of Southeast Asian communities, this initiative targets Tamil—a major language spoken by 60-85 million people
Ransomware remains a pervasive cyber threat, continually evolving with new tactics and strains. One such emerging force in the landscape is CosmicBeetle, a threat actor now operating with its custom ransomware dubbed ScRansom. This development signifies a pivotal shift, indicating the rapid advancement of ransomware strategies. As cybersecurity defenses become more sophisticated, so do the methods employed by ransomware groups,
The strategic partnership between Quod Orbis, a London-based Continuous Controls Monitoring (CCM) firm, and Archer, a global leader in integrated risk management, marks a pivotal moment in the realms of cybersecurity and compliance. This alliance is set to deliver comprehensive solutions to significant challenges encountered by IT teams aiming to secure business operations and adhere to stringent regulatory standards. This
Close Brothers, a well-established UK-based merchant banking group, undertook a transformative journey to enhance its Robotic Process Automation (RPA) initiatives. Initially focused on structured, rules-based processes, the challenges brought forth by the COVID-19 pandemic prompted the organization to incorporate Document Understanding capabilities. This shift enabled them to tackle unstructured input such as emails and documents, ultimately revolutionizing their process automation
In the competitive world of GPU technology, staying ahead of the curve is no easy feat. EK, a well-regarded name in the water-cooling industry, finds itself at a crossroads as it plans to launch new cooling solutions for next-gen GPUs. Amid allegations and controversy, the company’s future hinges on its ability to innovate and maintain a strong market presence. The
AMD has announced a groundbreaking development for the gaming handheld market with the forthcoming release of its Ryzen Z2 Extreme APU, scheduled for early 2025. This new APU will incorporate advanced Zen 5 and RDNA 3.5 cores, aimed at significantly boosting both the performance and battery life of handheld gaming devices. The announcement came during a joint Q&A session at
In Q2 2024, Latin America’s FinTech sector experienced a notable contraction in funding and investment activity. This trend reflects a broader shift within the global financial technology sector, with a reduction in both the number and scale of deals. Despite these challenges, strategic investments and the evolving landscape indicate a potential for significant transformation and growth. The Downturn in Funding
