TechTouch Asia

MSB, a commercial bank in Vietnam, has announced it will adopt Mambu’s cloud-native banking platform to help its radical digital transformation. MSB plans to launch Vietnam’s first digital bank by the end of 2020. Mambu’s composable banking platform will underpin MSB’s move to digital as the business aims to be the first to market with a cloud-based bank offering in the region. Mambu’s software-as-a-service (SaaS) will enable flexibility as MSB seeks to better understand customer needs and provide superior customer service. Bryan Carroll, Chief Digital Officer of MSB, said: “There’s no denying that the future of banking is digital, and we want to be a big part of it. We’re investing heavily in our digital transformation and have also assigned significant resources to ensuring we have improved product offerings for our valuable customers. "We’ve selected Mambu’s composable platform to build Vietnam’s first digital only bank as it is fully scalable, allowing us to grow quickly and...

· In Singapore 96% of respondents say security concerns restrict their organisation’s adoption of public cloud. · On average, Singapore organisations currently have 40% of IT infrastructure running in the public cloud, but that percentage is expected to increase to 70% in the next five years. · Nearly six in 10 (58%) of Singapore respondents have already been targeted by a cyberattack. Barracuda, a provider of cloud-enabled security solutions,  has released Future shock: the cloud is the new network. Commissioned by Barracuda, the research surveyed global IT decision makers to capture their experiences with and attitudes about moving infrastructure to the public cloud, concerns restricting adoption, and the security and networking solutions being implemented to overcome them. The report revealed that while Singapore respondents reported having a large chunk of their IT infrastructure already running in the public cloud (40%), and expect to increase this to 70%...