digital

Digital acceleration in the time of coronavirus: Asia-Pacific

A global survey of 600 technology decision-makers conducted by MIT Technology Review Insights, in association with VMware, finds that most organizations in Asia-Pacific and the world over had largely prepared for the online commerce and remote working the pandemic made compulsory. More than three quarters of Asia-Pacific organizations had made digital and IT investments—and their efforts augmented their collective ability to handle new ways of doing business.

Six out of 10 Asia-Pacific respondents indicate they had business-continuity plans in place, although less than half consider them effective. By contrast, organizations that had heavily invested in digital transformation—incorporating modern technologies in processes and strategies to achieve business goals—universally found that their plans worked. These “digital leaders,” as we refer to them in this study, have built robust digital foundations to support the technologies they need to better respond to change.

“We call ourselves a technology company,” says Gautam Aggarwal, regional chief

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Sangy Vatsa Named Chief Technology And Digital Officer Of FIS Global

FIS Global has named Sangy Vatsa executive vice president, chief technology and digital officer. FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Annually, FIS facilitates the movement of roughly $9 trillion around the world and processes about 75 billion transactions. FIS serves 90% of the top 50 global banks and is the top merchant acquirer in the world by volume, according to the Nilson Report. The company has 55,000 employees worldwide.

As global chief technology and digital officer, Vatsa will partner with leaders across the company and throughout the industry to lead technology strategy, innovation and transformation for FIS. He has been assigned the responsibility to lead FIS’ technology Texture Spray Machine transformation program globally in close partnership with internal and external stakeholders. This digital modernization program will be

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Payments, global trade head for digital ‘tipping point’ as coronavirus pandemic forces shift in business environment

Digitisation in payments and global trade has reached a “tipping point” as a result of the challenges created by the coronavirus pandemic, creating a new level of comfort and trust in digitally driven transactions, according to a panel of fintech experts.” data-reactid=”28″Digitisation in payments and global trade has reached a “tipping point” as a result of the challenges created by the coronavirus pandemic, creating a new level of comfort and trust in digitally driven transactions, according to a panel of fintech experts.

Global trade has entered a new era where the digital economy is going to be the centre of the world’s economic structure, according to Jack Zhang, chief executive and co-founder of Tencent Holdings-backed payments operator Airwallex.

Airwallex saw usage by its customers jump by 53 per cent in the second quarter from the first, with some of its e-commerce customers experiencing 200 per cent growth

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