Connect with us


WorldRemit Launches Digital Money Transfers from Singapore



Singapore & London, United Kingdom

WorldRemit, the leading digital money transfer company, has launched in Singapore. The new service will enable migrants in Singapore to transfer money to over 140 countries as easily as sending an instant message, using the WorldRemit app or website.

The move sees WorldRemit expanding its presence in Asia significantly to include Singapore, Hong Kong, Japan and Malaysia. The company has seen remarkable growth across APAC, which now accounts for almost 25% of all transactions sent by WorldRemit globally. This is a reflection of the increasing demand for mobile-first and online money transfer services in the region.

According to the UN’s International Fund for Agricultural Development (IFAD), the most dynamic growth in remittances over the past decade has been in Asia, which now receives 55% of the total. The World Bank ranks Singapore as the 2nd easiest place in the world to do business, and the 6th easiest place globally to start a company.

WorldRemit’s digital model significantly improves security and compliance standards. It also eliminates the need for the sender to visit a bricks and mortar agent, which can be inconvenient and time consuming. WorldRemit is the first global remittance company approved to electronically verify customer identity, making it even easier to use.

Remittances sent from Singapore play an important role in other regional economies – over $6.2 billion left the country in 2015, according to the World Bank. Key recipients include the Philippines, China, Malaysia, Indonesia and India.

Ismail Ahmed, founder and CEO at WorldRemit said: “We are delighted to be launching our service in a cosmopolitan country like Singapore, which has taken such a progressive approach to innovation in financial services. We look forward to joining the ever-growing fintech community in Singapore, and helping more people to access our safe, fast, and low cost money transfer service.”

Last month WorldRemit announced a global integration with Google’s Android Pay, followed by a partnership with Huawei’s mobile money platform across Africa. The company currently handles 74% of all international remittances sent from money transfer operators to mobile money accounts, and is connected to over a fifth of all mobile money accounts globally.

About WorldRemit

WorldRemit is changing the way people send money.

  • It’s easy – just open the app or visit the website – no more agents.
  • Transfers to most countries are instant – send money like an instant message.
  • More ways to receive (mobile money, bank transfer, cash pickup, and mobile airtime top-up).
  • Available in over 50 countries and 140+ destinations.
  • Backed by Accel Partners and TCV – investors in Facebook, Spotify, Netflix and Slack.

WorldRemit’s global headquarters are in London, UK with regional offices in the United States, Canada, South Africa, Singapore, the Philippines, Japan, Australia and New Zealand.

Continue Reading


5 Ways Cloud Hosting Can Transform your Lives in 2018!

Cloud computing is becoming the most familiarized and popular tem amongst the IT professionals and entrepreneurs, which is more expected to boom in the upcoming year. The support of proactive environment and empowering virtual services of cloud, different applications are accessible remotely. Depending on the niche, every business is going to be benefitted with diversified range of benefits with cloud hosting.



In the dynamic world of digital media, every business makes efforts to outshine others. While you get in the world of e-commerce, you need to pay very close attention to each and every technical issue of the web industry. You can never build a website in a breeze until you have a germ of an idea and creativity.

These days, cloud hosting has been the most frequently used service in web hosting industry. All the smart business owners are expected to choose cloud hosting in the year 2018 as it is the safest way of doing business in the current world.

What is cloud hosting?

Contrarily the physical servers (dedicated and shared servers), cloud hosting is an excellent service that is provided on virtual servers to spread the data, files, resources, bandwidth, and computing operations among multiple physical servers that are networked to act as one system. As a result, any single chance of failure is eliminated through this distributed solution.

The similar principle of web-based email is operated that allows customers to access a wide range of features and files of the system without cramming that system on their own computers.

The usage of cloud hosting in the current business world makes you powerful enough to fulfill your unique needs of building the optimal set of computing resources. Following are the five ways that are expected to change the lives of cloud hosting consumers.

1.      Minimum Operational Glitches

When the cloud hosting is deployed, it reduces the time spent on the variety of issues and defects significantly. Plus the business continuity is increased when focusing more on the things that matter the most. A lot of organizations are making sure to get the maximum advantage of this kind of hosting to get their unrivaled results every time. With the use of design patterns, deployment of application services and pre-build images also get much easier.

2.      Security

One way or another, security is the major element in the privacy of any business kind. And since in cloud hosting, the responsibility of upgrades of security issues, emergence of new features and infrequent bug fix is put on the cloud software vendor; mostly people get it the most risky thing. But the fact is, the cloud hosting keeps all the files, documents, programs, and data more secure than nothing.

A cloud host that you hire only allows you to access that data remotely keeping other cyber criminals at a bay.

3.      Mobility

In such fast moving world, everyone wants everything on the go. Cloud hosting cooperates in this scenario very much by offering the access to data through smartphone and devices. The set up considers that there are more than 2.6 billion smartphone users all over the world; they must not be left out of the loop. Plus, another advantage is that the staff members with busy schedules or the people living a long way away from the corporate site may be kept updated about the activities associated with clients and customers through this quirky feature.

4.      Quality control

On the way to success, there are many harmful things that come over including inconsistent reporting and quality control. Keeping all the documents, files, images, and date on the cloud based system, it is guaranteed that the database is stored safely. And when everyone has an access to similar information, it helps in maintenance of consistency in data, have a clear record of all the updates, and avoid any sort human error. Simultaneously, when organizations manages information in such databases, it avoids leading the users towards different versions of saved documents that may eventually result in confusion.

It has also seen that a variety of quality management systems grow with changing processes and adaptability. Cloud-based hosting is very much flexible with its inherent infrastructures that enables you to manage the loads a lot more quickly. Unlike other physical servers (shared and dedicated servers), these are never force by the limitations. Due to some server’s downtime, you get out of luck in the cloud, and additional memory is automatically added.

5.      Prevention of Data Loss

If your local hardware comes up with some problem, odds are good that it might end up losing the data unless the organization has invested in cloud-hosting solution. Computer system may cease to function or perform efficiently for many reasons including its hardware’s depreciation, viral infection, and any other simple error. More often, it is considered as the common problem that must be paid attention.

And if all the valuable data that resides in your office computers must not be backed up on the clouds, the organization may end up losing the data permanently. On the upside, it remains quite safe and secure when uploaded to the cloud servers and easily accessible from any computer connected to the internet, however if you aren’t using a computer on regular basis.


Cloud computing is becoming the most familiarized and popular tem amongst the IT professionals and entrepreneurs, which is more expected to boom in the upcoming year. The support of proactive environment and empowering virtual services of cloud, different applications are accessible remotely. Plus, they cut down the paper waste while improving the energy efficiency and reducing the system-related emissions.

In addition, the aforementioned benefits are strong enough to transform the lives of all entrepreneurs from small to even corporate level. Now that they are well aware of the importance of moving their databases into the cloud, nothing would stop them to come off. Depending on the niche, every business is going to be benefitted with diversified range of benefits with cloud hosting.

In the end, it won’t be wrong saying that the cloud hosting of a company may work as a big asset for its owners since no data is at risk. If you are ready to take advantage of this form of hosting that is consistent and provide you competitive edge, it is advisable to jumpstart with it right now.

Continue Reading


CyberArk Acquires Vaultive to Advance Privileged Account Security for the Cloud



CyberArk (NASDAQ: CYBR), the global leader in privileged account security, today announced the acquisition of certain assets of privately-held Vaultive, Inc., a cloud security provider. The deal closed today.

The CyberArk Privileged Account Security Solution is the industry’s most comprehensive solution for protecting against privileged account exploitation anywhere – on-premises, in hybrid cloud environments and across DevOps workflows. Building upon the Vaultive technology, CyberArk will deliver greater visibility and control over privileged business users, and Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) administrators. By delivering a cloud-native and mobile experience, Vaultive will extend the CyberArk solution to these highly privileged users, which are frequent targets for cyber attacks.

“The Vaultive team brings innovative technology and advanced cloud industry experience to CyberArk. We look forward to incorporating the technology to add additional depth and proactive protection for enterprises facing an expanding attack surface in the cloud,” said Udi Mokady, chairman and CEO, CyberArk. “Vaultive provides a strong building block to accelerate CyberArk’s cloud security strategy, making CyberArk the only vendor able to extend privileged account security to administrators and privileged business users in cloud environments with this level of granularity and control.”

According to IDC, worldwide spending on public cloud services and infrastructure is forecast to reach $277 billion in 2021.1 Privileged business users and SaaS, IaaS and PaaS administrators have broad and often unlimited access to a range of social media, web-based sales operations and financial applications. That access must be monitored and controlled consistently across multiple types of applications, and be done in a way that doesn’t change the way cloud administrators and privileged business users work.

“I'm extremely proud of everything that the Vaultive team accomplished," said Ben Matzkel, founder and CTO, Vaultive. "It's becoming increasingly clear that customers desire a unified security approach that extends from the data center to the cloud. Fortified with Vaultive's technology and its team, CyberArk is uniquely positioned to meet this critical need. We look forward to working closely with CyberArk customers around the world to advance their privileged account security strategies for the cloud.”

This acquisition furthers CyberArk’s leadership in securing modern infrastructure and applications. Using CyberArk Conjur, organizations gain a comprehensive secrets management solution for DevOps toolchains and cloud-native applications. Additionally, CyberArk offers cloud platform support across AWS, Microsoft Azure and Google Cloud Platform (GCP) and has validated the ability to stand up a privileged account security solution in AWS in 15 minutes or less. With the acquisition of Vaultive, CyberArk extends its leadership to secure privileged access to SaaS, IaaS and PaaS applications by administrators and privileged business users.

Continue Reading


Vivo partners with China Mobile to drive 5G advancement



Vivo announced its partnership with China Mobile on the “China Mobile 5G Device Forerunner Initiative” at the GTI Summit 2018 at Mobile World Congress. Combining the efforts of industry players including Vivo, the program will accelerate the development of next generation 5G devices. The program aims to launch the first batch of 5G pre-commercial devices for scale-up trial application showcase, plus establish support for the development of 5G devices, chipsets and component supply chains. Shi Yujian, Senior Vice President and Chief Technology Officer of Vivo attended the summit and joined discussions on the latest R&D of 5G devices with industry leaders from other partner companies.

The “China Mobile 5G Device Forerunner Initiative” led by China Mobile brings together more than 20 of the industry’s most influential and capable chipset manufacturers, component manufacturers and end-solution providers, forming a strong industry ecosystem for 5G development.


Vivo outlines 5G device commercialization

“The smartphone industry’s growth is increasingly driven by the user experience, which has significantly grown the influence of smartphone manufacturers on communication standards and regulations. For Vivo, 5G is both an opportunity and a challenge as technology changes emerge

more rapidly so the pace of market change is faster than ever. Continuous innovation is the only way to forge ahead in today’s dynamic era,” Mr. Shi said at the event.

5G networks will deliver higher speeds, lower latency and more bandwidth than ever. As applications of these key features in mobile communications broaden, 5G devices will take on different forms. While AR/VR and wearables continue to evolve, the 5G smartphone will continue to be the core platform for mobile users with its unmatched user base size.

Vivo believes the 5G smartphone will act as a hub for Smart Sensors, Smart Control and Smart Services. Smartphones will detect and analyze user behaviour, form a control centre for the Internet of things and deliver personalized AI-enabled services. Vivo also plans to launch its 5G pre-commercial devices by 2019 and officially release a commercial 5G smartphone by 2020.


Long-term commitment to 5G development

Vivo began its research into 5G not long after the International Telecommunications Union (ITU) shared their vision of 5G. Vivo set up its 5G Research Institute in Beijing in 2016 and became one of the largest device providers at the 3GPP group to help develop 5G technologies. In the past year, Vivo has activated 5G antenna and frequency related development to further accelerate Vivo’s pace of 5G innovation. Vivo’s partnership with China Mobile on 5G started in 2016 with a joint solution that reduces power consumption of 5G devices. Vivo was also a key contributor to the China. Mobile led GTI 5G Device Whitepaper and China Mobile 5G Technical Requirements for Large Scale Field Trial.

To enable the unique consumer experience shifts that 5G will bring, Vivo has also been working closely with Qualcomm on a 5G demonstration to showcase the power of 5G applied across a range of end-to-end usage scenarios.

Continue Reading