The Bangko Sentral ng Pilipinas requires banks to implement multi-factor authentication for sensitive transactions on online channels such as enrolment in transactional e-services, payments, remittance and fund transfers.
“We’ve been working on this pretty aggressively for the past nine months,” said Ellis, who said it is one of a handful of his pet projects.
Amazon is in a heated battle with Microsoft, Google-parent Alphabet, IBM (IBM) and other providers of cloud-computing services
Nigel Green, CEO and founder of deVere Group, comments: “The addition of these 22 currency wallets makes deVere Vault the world’s most international e- money app."
This will strengthen Klarna’s position as one of the leading e-commerce payment providers in Europe and further accelerate its growth in Germany, Austria, Switzerland and The Netherlands.
The chatbots allow up to 200 customer queries to be answered by a computer, rather than a human, and they are initially being trialled handling administrative questions about business credit cards.
“If we don’t make the economies of scale work for corporate Asean, then one day we will wake up and be conquered by the likes of the Amazons and Ali Babas of the world, and that’s the big picture."