Bukalapak

Salt Security Discovers Flaws in Social Login Mechanism Impacting 1000s of Websites and Exposing Billions of Users to Account Takeover

Retrieved on: 
Tuesday, October 24, 2023
OWASP, E-commerce, Social media, Salt, PALO, API, Vidio, Grammarly, Research report, Learning, Risk, Expo, Booking.com, Cryptocurrency, Online shopping, Video game, Research, OAuth, Bukalapak

PALO ALTO, Calif., Oct. 24, 2023 /PRNewswire/ -- Salt Security, the leading API security company, today released new threat research from Salt Labs highlighting API security vulnerabilities uncovered in the social sign-in and Open Authentication (OAuth) implementations of multiple online companies, including Grammarly, Vidio, and Bukalapak. The flaws, which have since been remediated, could have allowed for credential leakage and enabled full account takeover (ATO). Salt Labs also reported that 1000s of other websites using social sign-in mechanisms are likely vulnerable to the same type of attack, putting billions of individuals around the globe at risk.

Key Points: 
  • The flaws, which have since been remediated, could have allowed for credential leakage and enabled full account takeover (ATO).
  • Salt Labs also reported that 1000s of other websites using social sign-in mechanisms are likely vulnerable to the same type of attack, putting billions of individuals around the globe at risk.
  • This latest research identified flaws in the access token verification step of the social sign-in process, part of the OAuth implementation on these websites.
  • Therefore, by inserting a token from another website, the Salt Labs team could access a user's credentials in bukalapak.com and completely take over that user's account.

Amidst an industry ripe for transformation, a new consultancy launches

Retrieved on: 
Tuesday, October 3, 2023
Cloud, ShareChat, SCOR, Amazon Web Services, Software, Google Cloud Platform, GCP, Microsoft, ST Telemedia, NAIC, Organization, Amazon, Engineering, Snowflake, Logic, Azure, Ecosystem, Bukalapak, La-Z-Boy, AWS, Delta-v, Automation, BBM, Video game, Management, Interior design, Marketing, Sales, Airline

“The digital transformation coming to the professional services industry is long overdue,” says Peter Wright, Ollion’s CEO.

Key Points: 
  • “The digital transformation coming to the professional services industry is long overdue,” says Peter Wright, Ollion’s CEO.
  • “No one wants a 100-page strategy document dropped on their desk anymore – businesses want a partner who is accountable for outcomes.
  • What Ollion understands, and where the many consulting firms struggle for relevance, is that the customer has much more agency in the modern world.
  • How else can enterprises keep up with the speed of newer competitors?”
    “That creates opportunities for new players.

SC Ventures Launches audax Financial Technology to Help Financial Institutions Accelerate Digital Banking Capabilities

Retrieved on: 
Thursday, September 21, 2023
Professional Services, Online Retail, Cosmetics, Retail, Finance, Fintech, Banking, Partnership, Arm, SC, Standard Chartered, Audax, Intelligence, Digital banking, Acquisition, As a service, Growth, Ecosystem, Bukalapak, Cryptocurrency, Online shopping, Bank

SC Ventures , Standard Chartered’s innovation, fintech investment and ventures arm, launches audax Financial Technology (“audax”), a digital banking technology solutions provider.

Key Points: 
  • SC Ventures , Standard Chartered’s innovation, fintech investment and ventures arm, launches audax Financial Technology (“audax”), a digital banking technology solutions provider.
  • audax provides an end-to-end digital banking platform with modularised capabilities that are designed to efficiently handle millions of customer data concurrently.
  • “audax’s digital banking solutions will help financial institutions unlock more opportunities,” said Alex Manson, who leads SC Ventures.
  • SC Ventures was established in 2018 as a new business unit to lead digital innovation and to invest in Financial Technology companies.

500 Global Closes US$143M Across Early-Stage and Growth Vehicles for Southeast Asia

Retrieved on: 
Wednesday, September 6, 2023
Finance, Start-Up, Professional Services, Technology, Software, IPO, Partnership, Health, Carousell, Khazanah Nasional, Partner, Dwight (The Walking Dead), History, Employees Provident Fund, Employment, Partner (business rank), SEA, Grab, Health Impact Fund, LP record, EPF, Investment, Growth, City, Bukalapak, Food security, 500 Global, KWAP, Shipbuilding, Drug, Video game

Venture capital firm 500 Global today announced the successful close of US$143 million1 across its largest Southeast Asian early-stage fund to date, 500 Southeast Asia III, L.P. (500 SEA III), and its growth investment vehicle for Southeast Asia.

Key Points: 
  • Venture capital firm 500 Global today announced the successful close of US$143 million1 across its largest Southeast Asian early-stage fund to date, 500 Southeast Asia III, L.P. (500 SEA III), and its growth investment vehicle for Southeast Asia.
  • The new early-stage and growth vehicles demonstrate the team’s commitment to supporting founders in Southeast Asia from pre-seed to pre-IPO.
  • 500 SEA III is 500 Global’s third Southeast Asia-focused early-stage fund, with each successive fund having nearly doubled in size since 2014.
  • “KWAP’s investment in 500 Global began in the latter’s early days through its second Southeast Asia early-stage fund.

Indonesia Telecoms Industry Report 2023-2030 - FTTH Investments Drive Strong Growth in Consumer Fixed Broadband Services - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 3, 2023
Mobile, Wireless, Technology, Telecommunications, Acceleration, Pressure, Palapa, Gojek, SIM, Smartphone, Internet, Human, Indosat, GDP, Investment, FTTH, Growth, Bukalapak, Telkomsel, Mobile phone, Renewable energy

The Indonesia Telecommunications Industry Report, 2023-2030 includes an overview of the Indonesian market dynamics, market sizing, market forecasts, analysis, insights and key trends.

Key Points: 
  • The Indonesia Telecommunications Industry Report, 2023-2030 includes an overview of the Indonesian market dynamics, market sizing, market forecasts, analysis, insights and key trends.
  • Strong economic fundamentals underpin the overall market, positioning Indonesia as one of the fastest-growing telecom markets globally.
  • Broadband Subscribers - FTTH Push:
    The analyst expects sustained broadband subscriber growth driven by household expansion and improved connectivity for previously underserved premises through FTTH services.
  • Explore the Indonesia Telecoms Industry Report to gain in-depth insights into the market trends, investment opportunities, and the transformative impact of technology on the telecommunications sector in Indonesia.

Indonesia B2C Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals, Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q1 2023 Update - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 1, 2023
Retail, Online Retail, Professional Services, Business, Online, Foodservice, Travel, Air travel, Bukalapak, Radar Music Videos, Clothing, Prepaid Payment Instruments in India, Entertainment, Beauty, Disney Media and Entertainment Distribution, Wellness, Growth, Medium, Consumer, Santika Indonesia Hotels & Resorts, E-commerce, Society for Accessible Travel & Hospitality, Book, City, Electronics, Health, Platform, Health care, Online shopping, Marketing, B2C, Hospitality, Traveloka

The "Indonesia B2C Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Indonesia B2C Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.
  • According to the publisher, B2C Ecommerce market in Indonesia is expected to grow by 11.69% on annual basis to reach US$40.4 billion in 2023.
  • This report provides a detailed data centric analysis of B2C ecommerce market dynamics, covering over 100 KPIs in Indonesia.
  • It provides market share by key players across key verticals along with sales channels (Platform to Consumer, Direct to Consumer, Consumer to Consumer).

Indonesia B2C Ecommerce Market Opportunities Databook Q1 2023 Update: Sector to Reach $58.6 Billion by 2027 at a 9.7% CAGR

Retrieved on: 
Tuesday, February 28, 2023
Online, Foodservice, Travel, Air travel, Bukalapak, Radar Music Videos, Clothing, Prepaid Payment Instruments in India, Entertainment, Beauty, Disney Media and Entertainment Distribution, Wellness, Growth, Medium, Consumer, Santika Indonesia Hotels & Resorts, E-commerce, Society for Accessible Travel & Hospitality, Book, City, Electronics, Health, Platform, Health care, Online shopping, Marketing, B2C, Hospitality, Traveloka

According to the publisher, B2C Ecommerce market in Indonesia is expected to grow by 11.69% on annual basis to reach US$40.4 billion in 2023.

Key Points: 
  • According to the publisher, B2C Ecommerce market in Indonesia is expected to grow by 11.69% on annual basis to reach US$40.4 billion in 2023.
  • The B2C Ecommerce is expected to grow steadily over the forecast period, recording a CAGR of 9.72% during 2023-2027.
  • The country's B2C Ecommerce Gross Merchandise Value will increase from US$36.2 billion in 2022 to reach US$58.6 billion by 2027.
  • This report provides a detailed data centric analysis of B2C ecommerce market dynamics, covering over 100 KPIs in Indonesia.

StoneBridge Acquisition Corporation (NASDAQ: APAC) Announces Business Combination Agreement with Southeast Asia’s ‘Fintech-As-A-Service’ (FaaS) player – DigiAsia

Retrieved on: 
Thursday, January 5, 2023
Tripura Merger Agreement, Ecosystem, Function as a service, Economics, Banking as a service, LeapFrog Investments, Starbucks, Management, Digital, Winston & Strawn, Garuda, Bukalapak, LP, Mastercard, Transaction, Digi, LLP, Insurance, Mobile backend as a service, Partnership, Acquisition, Science and technology in Asia, Norton Rose Fulbright, Mergers and acquisitions, Home Credit, IPO, Financial technology, SPAC, Embeddable Common Lisp, Merchant, CFO, TAM, RCM, Cryptocurrency wallet, Financial services, Bank, Coffee, Remittance, Business, Western Union

DigiAsia has also secured a partnership with DBS Bank Ltd, the largest bank in Singapore and Southeast Asia, to disburse loans into DigiAsia’s lending marketplace for merchants.

Key Points: 
  • DigiAsia has also secured a partnership with DBS Bank Ltd, the largest bank in Singapore and Southeast Asia, to disburse loans into DigiAsia’s lending marketplace for merchants.
  • NEW YORK, Jan. 05, 2023 (GLOBE NEWSWIRE) -- StoneBridge Acquisition Corporation ("Stonebridge") (Nasdaq: APAC), an Asia-Pacific focussed publicly traded special purpose acquisition company (SPAC), today announced the signing of a binding business combination agreement with DigiAsia Bios Pte Ltd (“DigiAsia”), Indonesia’s Embeddable ‘Fintech-as-a-Service’ (FaaS) company.
  • Founded in Jakarta in 2017 by Alexander Rusli and Prashant Gokarn, DigiAsia is a leader in embedded Fintech and Banking in Indonesia.
  • Winston & Strawn LLP is acting as legal advisor to StoneBridge Acquisition Corporation and Norton Rose Fulbright US LLP is acting as legal advisor to DigiAsia Bios Pte Ltd in this transaction.

Locus Recognized as a Representative Vendor for the Third Consecutive Year in Gartner® Market Guide for Last-Mile Delivery Technology Solutions

Retrieved on: 
Thursday, December 22, 2022
Organization, Zhejiang Market Guide, Tiger Global Management, Tata Group, SAN, Bukalapak, CO2, Amazon, SLA, Growth, Singapore, Last, Publication, Qualcomm Ventures, Algorithm, Commerce, Research, Software, Online shopping, Renewable energy, Nestlé, Gartner, Locus, Unilever

SAN FRANCISCO, Dec. 22, 2022 /PRNewswire/ -- Locus , a leading-edge technology company solving for excellence in Last-Mile logistics, announced that it has been recognized as a Representative Vendor in Gartner Market Guide for Last-Mile Delivery Technology Solutions, 2022.

Key Points: 
  • SAN FRANCISCO, Dec. 22, 2022 /PRNewswire/ -- Locus , a leading-edge technology company solving for excellence in Last-Mile logistics, announced that it has been recognized as a Representative Vendor in Gartner Market Guide for Last-Mile Delivery Technology Solutions, 2022.
  • This is the third consecutive mention of the company in Gartner Market Guide for Last-Mile Delivery Technology Solutions.
  • The main business drivers for which organizations are considering last-mile technology are
    Speaking on the development, Nishith Rastogi, Founder and CEO of Locus, said, "We are humbled to be positioned as a Representative Vendor in the Gartner® Market Guide for Last-Mile Delivery Technology Solutions for the third consecutive time.
  • The market guide also noted, "Demand for last-mile delivery applications is growing, and the outlook is buoyant.

Locus Recognized as a Representative Vendor for the Third Consecutive Year in Gartner® Market Guide for Last-Mile Delivery Technology Solutions

Retrieved on: 
Thursday, December 22, 2022
Organization, Zhejiang Market Guide, Tiger Global Management, Tata Group, SAN, Bukalapak, CO2, Amazon, SLA, Growth, Singapore, Last, Publication, Qualcomm Ventures, Algorithm, Commerce, Research, Software, Online shopping, Renewable energy, Nestlé, Gartner, Locus, Unilever

SAN FRANCISCO, Dec. 22, 2022 /PRNewswire/ -- Locus , a leading-edge technology company solving for excellence in Last-Mile logistics, announced that it has been recognized as a Representative Vendor in Gartner Market Guide for Last-Mile Delivery Technology Solutions, 2022.

Key Points: 
  • SAN FRANCISCO, Dec. 22, 2022 /PRNewswire/ -- Locus , a leading-edge technology company solving for excellence in Last-Mile logistics, announced that it has been recognized as a Representative Vendor in Gartner Market Guide for Last-Mile Delivery Technology Solutions, 2022.
  • This is the third consecutive mention of the company in Gartner Market Guide for Last-Mile Delivery Technology Solutions.
  • The main business drivers for which organizations are considering last-mile technology are
    Speaking on the development, Nishith Rastogi, Founder and CEO of Locus, said, "We are humbled to be positioned as a Representative Vendor in the Gartner® Market Guide for Last-Mile Delivery Technology Solutions for the third consecutive time.
  • The market guide also noted, "Demand for last-mile delivery applications is growing, and the outlook is buoyant.