Asia’s tech news #138: Indonesian digital banking, Future Founders in Australia, NFT gaming in Vietnam…

In this issue: Digital banking in Indonesia, digital payments in India without internet access, Myanmar’s military bans VPNs and cryptocurrency use, NFT-backed gaming in Vietnam, cybersecurity and the ‘insider threat’…

Bank Negara Indonesia to acquire 64% of Bank Mayora digital banking

BNI’s acquisition of Bank Mayora can be successful if both lenders combine business loans, short-term online loans and investment services, said Bhima…

India: Unified Payments Interface to enable digital payments without internet

The National Payments Corporation of India is testing a new solution as part of the Unified Payments Interface (UPI) framework, which will enable digital payments to be done without active…

Myanmar: Military junta to outlaw VPNs, crypto in likely bid to cut funding of

The bill is terrifying evidence of the Junta’s plans to permanently put an end to internet freedom. It also reveals a small silver lining, in the form of the success of the anti-regime digital strike which has led…

India: T-Series music label joins Hefty Entertainment for Hefty Metaverse NFT
Indian music label T-Series has announced its entry into the NFT space in partnership with Hungama Digital Media’s division, Hefty Entertainment.

“…negligent insider the cause of most incidents. 56% of…incidents the result of a careless employee…”

Notably, on average, impacted organizations spent $15.4 million annually on overall insider threat remediation and took 85 days to contain each…

Cisco Global Problem Solver Challenge 2022 / Applications now open
Cisco Global Problem Solver Challenge 2022 / Applications now open

Vietnam’s Appota Group backs Slime Royale, NFT game allowing players to earn money from

The Appota Group’s investment and companionship would help Slime Royale access Appota Group’s ecosystem of more than 50 million users.

Australia: Future Founders Venture Scholarships open for applications from international
Applications are now open for the Future Founders Venture Scholarship program, is the only international student focused initiative that provides seed funding for entrepreneurship ventures.

India: IIM Udaipur launches Climate Change Innovation Grant, closing February

IIM Udaipur launches Climate Change Innovation Grant for eligible startups driven towards Climate Change Grants upto INR 4 Lakhs for prototype validation and INR 7 Lakhs for product…

Carousell Media Group rolls out Connect, platform powered by buying, selling and search
The Connect platform is said to offer advertisers with full-funnel marketing solutions and enable them to engage with Carousell Media Group’s audiences on every ad format.

Game NFTs: “I don’t see anywhere how that benefits the gamer, how that improves gameplay.”
Game publishers are offering NFTs, but skeptical gamers smell a moneymaking scheme and are fighting back.

Malaysia: Strategic Plan for eSports Development (pdf)
Malaysia: Strategic Plan for eSports Development (pdf)

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WK Wright

All things tech, startup & funding: Short form for the time-poor at Startup News Asia