ONLINE FRAUD RISK A GROWING CAUSE FOR CONCERN
E-commerce in the Asia-PAcific region (APAC) is thriving, with 71 per cent of consumers having made online purchases, but the risk of online fraud for consumers is rocketing.
Results from Experian’s Digital Consumer Insights 2018 report show that the demand for online convenience is linked to a heightened threat of fraud, with one in five consumers having already fallen victim
The report, published by Experian and co-authored with advisory firm IDC, is based on a consumer survey across ten APAC markets: Australia, China, Hong Kong, India, Indonesia, Japan, New Zealand, Singapore, Thailand and Vietnam. The study delves into how well businesses mitigate fraud risk through the eyes of their customers.
It found that as brands and consumers look for ever-easier ways to buy and sell products online and via mobile devices -- with electronics, travel and groceries being the most popular -- the opportunity for online fraud is escalating.
The report also found that while consumers in Thailand are the most willing to adopt biometrics for non-commercial purposes, they also have the highest error rate in the submission of personal data.
SHOW FOCUSES ON CORRUGATED PACKAGING
A group of industry associations and a Thai government body has announced the 2nd edition of the CCE South East Asia - Thailand 2018 trade show, highlighting the Thai Corrugated Packaging industry.
The event will run concurrently with ICE South East Asia from September 5-7 at the Bangkok International Trade and Exhibition Centre (BITEC), Bangna, and will highlight the latest machines and equipment from leading manufacturers throughout Asean, offering a showcase of direct-to-user solutions.
The four organisations comprising the CCE South East Asia partnership are the Thai Corrugated Packaging Association; the Thai Pulp and Paper Industries Association; the Thai Screen Printing & Graphic Imaging Association; and the Thailand Convention & Exhibition Bureau (TCEB).
The organisers said the CCE - ICE 2018 event is part of the group’s broader aim to expand manufacturing capabilities and drive sustainable growth in the Thai Corrugated Packaging Manufacturing industry, in line with the government’s Thailand 4.0 digital-era development plan.
According to Kanokwara Anutarawatr, senior manager of Mack Brooks Exhibitions Asia, “Nowadays, corrugated packaging industries in Asean countries must be able to meet growing local demand and rising customer numbers.
“With a combined population of 620 million, most of working age, Asean countries have experienced a steady rise in consumer demand. This is a key factor driving national economic growth levels in the region, which has led to expansion of the consumer goods and packaging markets and recent innovations in the corrugated packaging industry.”
SCB JOINS FASTWORK TO SERVE SME NEEDS
Siam Commercial Bank has teamed up with Fastwork Technologies Co Ltd, the largest online freelancing platform in Thailand, to expand the network of partners providing digital solution services and enhance the competence of small- and medium-size enterprise (SME) clients, connecting 7,000 freelancers from all professions to serve the comprehensive business needs of its SME customers.
With the effort, SME clients can use the services of professional freelancers at competitive prices. SCB and Fastwork recently held a “Decode SME Business with Freelance Solution” seminar and an exhibition demonstrating the achievements of freelancers under the Fastwork community to inform SMEs, so they can opt for the services meeting their needs.