2018 marked the year that governments, businesses, and other organizations around the world started implementing GDPR — not just in Europe but worldwide. However, even as businesses have clamored for enhanced data protection, there have been major missteps along the way, many of which resulted in catastrophic compromise of important user data. Why does data hold such importance? Firstly, I need to discuss why data has become the currency of today’s businesses. This not only includes customer or user data, but also data on processes, finances, transactions, and just about anything relating to how a business operates. With the rise… This story continues at The Next Web
After sending rival Uber Technologies Inc packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab Pte has set itself a stiffer target. It wants to be a regional super-app.
Think of it as a digital conglomerate that hooks customers for one thing, only to promise them value for several others, sort of like a Netflix Inc subscription that also tracks your blood pressure and orders a pizza as you watch “Scarface.” Thanks to the path set by China’s wildly successful Alipay and WeChat Pay, getting the consumer finance angle right has become a must for Asia’s wannabe super-apps.