Progress and DBS Bank Receive Asian Banker Technology Award

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We are very excited to announce that on April 24, 2013, Progress Software and DBS Bank received the Asian Banker Technology Award for Best Security and Risk Project of 2012. The award recognized our efforts with DBS to implement Apama CEP technology for bank customer fraud protection.

While traditionally people visited bank tellers and ATMs to do in-person banking, many are now using mobile devices and social media for online banking, posing greater fraud risks. Banks like DBS can use CEP technology to reduce these risks by expanding M2M capabilities and creating separate repositories to analyze and store unstructured data.

At the ceremony, Progress and DBS sat among award-winners from across the globe, including CIMB Niaga and SAP, Mashreq Bank and Oracle, and more. For the full list of winners visit: http://ow.ly/ksZam.

For more about the award, visit: http://ow.ly/ksRJP.

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