Tag: #data security
The first public cloud service provider to be granted Data Protection Trustmark (DPTM) by IMDA in Singapore
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced it has secured the globally recognized Payment Card Industry Three-Domain Secure (PCI 3DS) compliance for all of its seven availability zones in Singapore, Malaysia and Indonesia. The PCI 3DS standard was established by the Payment Card Industry Security Standards Council – a global forum that brings together payments industry stakeholders to develop and drive adoption of data security standards and resources for safe payments worldwide. This latest attestation further strengthens Alibaba Cloud’s support for the burgeoning fintech industry in Southeast Asia.
Following the introduction of the efforts being made to create smart cities, to strengthen e-banking, and to usher in a more inclusive board of tech leaders in Day 1 of the World Fintech Festival (WFF), Day 2 of the virtual event on Dec. 8 saw panelists do a deep dive into the more technical but crucially important regulatory actions that serve as both the backbone and the lifeline for a sustainable fintech future in the Philippines.