News: ICT-related News

Worldwide, there are 1.7 billion people who are outside of the formal banking and financial system. They struggle with high fees and risky systems to undertake even simple financial transactions. Digital innovations offer new ways to bring them out of financial darkness.

ZTE expects to have swung back to profit in the first quarter, after reporting an annual loss in 2018 as a result of the temporary ban on its import of components from US vendors.

The Chinese vendor estimates a net profit for the first quarter of 800 million yuan ($118.9 million) to 1.2 billion yuan, which compares to a profit of 1.69 billion yuan in the first quarter of 2018.

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Singapore-based digital security company DiSa Limited aims to pioneer a new integrated mobile phone warranty program, and has signed up M1 as the first operator to offer the program to its mobile users.

The new insurance offering, developed to tackle the rising global trend of e-wallet theft, will allow victims of theft of their e-wallets to make a claim for an amount up to the retail…

Singapore FinTech Association (SFA) and FinTech Australia (FA) have agreed to further strengthen opportunities for FinTech firms across both countries.

An MoU between the two parties aims to contribute to the development of the FinTech industry in general across ASEAN and Australia. They will collaborate from time to time on particular initiatives relating to the FinTech industry.…

Thai telecom regulator NBTC has postponed plans to hold a 700-MHz auction for at least three months due to delays establishing details of the auction terms.

The regulator no longer expects to be able to hold the 700-MHz auction in May as originally planned, the Bangkok Post reported, citing comments from the NBTC's secretary-general.

Instead the earliest timeline for the…