Regulation news stories

Hugosave has been granted a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).

Digital commerce sales in Australia have jumped significantly due to pandemic business conditions. Regionally, digital commerce in APAC is expected to nearly double in size by 2025.

Technology is growing more and more sophisticated with each passing year. However, as the metaverse begins to unfold, we're only just scratching the surface to leverage data in new and innovative ways. 

Australian business leaders have endured enough uncertainty in the past two years without having to worry about whether their signatures are worth the paper they’re printed on.

Let’s spare a thought for cybersecurity professionals as we look into our crystal ball to see what 2022 holds. They’ll be under increasing pressure from the ‘bad guys’ and the ‘good guys’ as well.

AND Digital has revealed data skills are a big concern for businesses looking for growth via data.

"Our new Laika+ offering delivers programmatically verifiable compliance with reproducible results for businesses of all sizes and industries while relieving the pain points of the audit process.”

The collaboration will offer Hoptroff’s Traceable Time as a Service (TTaaS) as an add-on to Orolia’s suite of products, providing more precise and verifiable time to customers.

In this IT Jam, we speak to Interactive director of data centre and business continuity Brett Wilson, who discusses the emerging trends coming out of the business continuity space.

In the wake of the Payment Times Reporting Scheme coming into effect this year, the two companies have developed an approach to save businesses time and money.

Australia’s regulators are indirectly polluting the environment due to the adoption of a new regulatory framework. It’s not the framework that’s the issue, but the fact that an upgrade to monitoring technology doesn’t accompany it.

Vix Vizion’s Australian-owned Imagus Facial Recognition Software has been approved as an officially recognised solution, and placed on the government's website for licensed premises and systems integrators to contact.

Virtual reality (VR)'s popularity continues to soar but it’s an area that’s largely unregulated, which is causing headaches for some regulators around the world.

“Disruption is here to stay and it is important that regulators are able to keep pace, but also balance that speed with decisions that are based on consideration of stakeholder concerns."

With the rapid global deployment of advanced technology, and specifically the growth in the ANZ region, technology leaders need to work with employers, employees and customers, to achieve the optimal balance in this largely uncharted ethical and regulatory territory, Genesys states.

Privacy regulation in New Zealand is taking its cues from regulation in other jurisdictions - in particular the GDPR.

The Commerce Commission has cited the range of alternative voice offerings and shrinking consumer numbers as reasons to let Spark take the reigns.

New Zealand could be leading the world in the development of drone technologies, but we need to work out how to make those technologies safe first.

They are here to stay. And their influence is set to grow exponentially."

The agreement with Demyst will allow the Kyckr API to be accessible by existing and future Demyst API customers.

At home and abroad, companies anticipate cyber-crime will be the most disruptive economic crime of 2019 and 2020.

Enforcing the existing law will be difficult enough, and it is not clear that any new law would be able to do better. Overseas attempts to draft law for deepfakes have been seriously criticised.

Even if you’re not in the financial services industry (FSI), you’ve probably already heard of CPS 234 – the new standard for data protection set forth by the Australian Prudential Regulation Authority (APRA).

The priorities highlight the need for strategic approaches to engage with shifting regulatory, technology, customer and third-party risk trends.