Banking industry stories
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Banks accelerate AI innovation with surge in new patents & investments
Thu, 11th Apr 2024
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ai
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patents
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banking industry
The banking industry is seeing a significant acceleration in AI innovation, with a rise in new patents and research publications.
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LeapXpert reveals Maxen, a GenAI app to boost client communication
Thu, 21st Mar 2024
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uc
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risk & compliance
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ai
LeapXpert introduces GenAI application, Maxen, envisioned to revolutionise client communications and enhance the productivity of relationship managers, with the official launch set in March 2024.
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P&N Group adopts nCino banking solution to boost operational efficiency
Thu, 21st Mar 2024
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fintechs
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data analytics
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cx
P&N Group boosts operational efficiency in business banking by implementing nCino's commercial banking solution, setting a new standard for customer experience and innovation.
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Fortinet unveils rugged device for secure 5G capabilities
Tue, 13th Feb 2024
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firewalls
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network infrastructure
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sd-wan
Fortinet has unveiled a robust, compact appliance that intensifies secure networking and 5G connectivity for operational technology environments.
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LPBank teams up with Finastra & NGS for digital treasury overhaul
Mon, 8th Jan 2024
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digital transformation
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cx
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martech
Lien Viet Post Joint Stock Commercial Bank (LPBank) joins forces with Finastra and NGS to drive digital transformation and elevate its treasury capabilities, enhancing operational efficiency and governance.
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Banks dedicate more resources to responsible AI but clarity lags behind
Mon, 18th Dec 2023
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partner programmes
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banking industry
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nab
Banks are dedicating more resources to responsible artificial intelligence, with a 43% staffing increase, but only six clarify their approach.
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Bud Financial appoints Rachel Fairhurst & Jakub Piotrowski as Senior Leaders
Thu, 19th Oct 2023
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fintechs
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ai
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banking industry
Bud Financial appoints Rachel Fairhurst as VP of Credit Risk & Client Success, and Jakub Piotrowski as VP of Product to drive commercial growth and innovation.
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Redefining finance: How AI is revolutionising banking & cybersecurity
Tue, 10th Oct 2023
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uc
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cryptocurrency
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fintechs
AI is transforming the finance sector, improving customer service, battling fraud, and making repayments efficient.
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URECA appoints Tom Carr as Chief Financial Officer
Thu, 29th Jun 2023
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cleantech
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partner programmes
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banking industry
URECA names Tom Carr as CFO, reinforcing commitment to democratize access to carbon credits and accelerate sustainability initiatives.
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Arise by INFINITAS and Google Cloud partner to aid open innovation
Fri, 2nd Jun 2023
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firewalls
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hyperscale
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network security
The companies are building a co-innovation platform and talent ecosystem for delivering more equitable and inclusive access to financial services.
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Mastercard to eliminate plastics from payment cards by 2028
Thu, 27th Apr 2023
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fintechs
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martech
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commerce systems
Mastercard has announced it is accelerating efforts to remove first–use PVC plastics from payment cards on its network by 2028.
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67% rise in fraud losses in the UK in 2022, says money.co.uk
Wed, 15th Mar 2023
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fintechs
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cybersecurity
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online shopping
The personal finance experts at money.co.uk, in their 2022 Fraud Report, have revealed the average monthly losses to fraudsters in 2022 to be over £333 million.
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Horizen Labs has announced a new CTO
Fri, 16th Dec 2022
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engineering
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enterprise adoption
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cto
Zain Cheng named Chief Technology Officer at Horizen Labs. Cheng oversaw product teams, including sidechains and smart contracts, and EVM development.
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Industry veteran becomes Chairman of Cloudfloat Board
Fri, 16th Dec 2022
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board of directors
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australian economy
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banking industry
Bob McKinnon, a veteran of the financial services industry, has become the new chairman of Cloudfloat, a platform providing cash flow for small businesses.
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Four marginal gains for the new era of credit decisioning
Wed, 14th Sep 2022
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risk & compliance
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ai
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banking industry
Businesses in banking and finance are turning to innovative technology for credit decisions, with machine learning playing a key role.
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Banking-as-a-Service to hit mainstream within two years
Tue, 13th Sep 2022
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blockchain
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uc
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martech
Some 30% of banks with greater than $1bn in assets will launch BaaS for new revenue by the end of 2024, but half will not meet revenue expectations.
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IDC research shows rise in big data and analytics adoption
Thu, 8th Sep 2022
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data analytics
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martech
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planning
According to IDC, ANZ spending on BDA solutions is expected to grow at 13.3% in the five years between 2021-2026, and hit US$8.9 billion by 2026.
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How Infosys Consulting is driving better data-driven solutions for ASEAN
Thu, 8th Sep 2022
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data analytics
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martech
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planning
Trends across the market have continued to show that customers are expecting transactional banking activities to be completely effortless.
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The future of banking will be open and interconnected
Tue, 6th Sep 2022
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fintechs
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hyperscale
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blockchain
The shift from legacy banking processes to Banking as a Service is well underway, with established banks at risk of being left behind without adoption.
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Virgin Money works with 9Spokes to create custom offering
Tue, 16th Aug 2022
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saas
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devops
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fintechs
Virgin Money has partnered with 9Spokes to develop a custom business dashboard, M-Track, to provide stronger insights for SME customers.