Banking industry stories - Page 2
DataRobot AI solution for CIMB Bank recognised at Asset Triple A Digital Awards
CIMB Bank Berhad wins Best Financial AI Project in Malaysia at The Asset Triple A Digital Awards 2022 with its AI platform developed by DataRobot.
Why personalised CX will pay off for Asia’s banks
In just a few years, well-funded fintech firms, mobile wallets, trading apps and digital-only banks have revolutionised the centuries-old banking industry.
Gartner reveals top three tech trends for banks this year
Gartner says generative artificial intelligence, autonomic systems and privacy-enhancing computation are gaining traction in banking and investment services.
NICE CXone platform integration implemented with Regional Bank Australia
NICE's CXone platform is successfully implemented by Regional Bank Australia, streamlining contact centre operations and supporting branches.
More solutions updates and developments from Xero announced
Xero has announced new solutions, features, and updates for May, as well as developments in Australia and New Zealand markets.
Australian small business unsatisfied with traditional banks
Traditional banks in Australia are at risk of losing SME business to non-traditional competitors, according to new research by RFI Global for FICO.
Incumbent banks must embrace data-centric capabilities
Retail banks are lagging in their ability to offer true omnichannel experiences, as customers pivot to competitors that offer more personalised experiences.
Majority of banks paid ransom for cyberattacks last year
VMware's most recent report finds 74% of businesses experienced one or more ransomware attacks in the last year, with 63% deciding to pay the ransom.
Malicious Android apps targeting Malaysian bank customers
Researchers at cyber security firm ESET have analysed three malicious Android applications targeting customers of eight Malaysian banks.
Fintech expert urges caution when it comes to online banking details
Consumers must be cautious when sharing online banking details with third-party businesses, warns fintech expert Jill Berry.
Big four branch closures see shift in fintech market for regional businesses
A new report by Zeller has revealed that the majority of regional businesses in Australia have been impacted as a result of branch closures by the big four.
Open finance set to benefit New Zealand consumers - report
Open finance is expected to become the standard for consumers' financial welfare and empowerment, according to an Aotearoa fintech research report.
GPS and Mastercard help fintechs disrupt traditional banking
GPS, the global payment technology platform catering to a variety of fintechs, has announced a new strategic partnership with Mastercard.
Check Point reveals cybersecurity challenges for banks, data centers and trading platforms
As the cyber threat landscape evolves and becomes more dangerous every year, protecting IT infrastructure will only become more challenging.
Bitcoin ATMs becoming more mainstream, increasing by 4,200% worldwide
Bankless Times has recently carried out research that highlights an increase of 4200% in global Bitcoin ATMs in the past six years.
The fintech fraud epidemic: Banks aren’t getting worse, fraudsters are just getting better
Fintech fraud is on the rise, exacerbated by the global pandemic. Traditional fraud prevention methods are no longer effective.
Mobile threats: Cybercriminals target banking and gaming
Cybercriminals are forgoing low hanging fruit to target banking and gaming, according to a new mobile threat report from Kaspersky.
Forrester reports on how digital technology is changing how we bank
Digital banking is transforming the industry as new customers join, contactless payments surge, and challenger banks rise, says Forrester.
NZ banking sector should brace itself for watershed year in 2022
This year is set to be a defining year for the banking industry as it enters a period of unprecedented transformation.
Westpac enters strategic partnership with Microsoft
The partnership includes increased investment in Microsoft’s cloud computing service, Azure, which will help to modernise Westpac.
Kiwibank strikes up partnership with ACI Worldwide
The agreement will see ACI provide and run Kiwibank's newly installed, full capability Payment Hub: a SaaS solution hosted in the Microsoft Azure cloud.
Backbase appoints new VP of tech in Asia Pacific region
Backbase appoints Chris Vanden Berghe as regional VP of technology for Asia Pacific to drive product development and expansion.
Experts weigh in on how to protect yourself against banking scammers
Over 470 people lose $8.5 million in SMS phishing scam; Singapore Police Force impersonators attempt another. Online security is crucial. #cybersecurity.
Beijing investment bank backs Keppel Data Centre investment fund
Investment fund behind Keppel Data Centers secures $1.1bn from investors, including Beijing-based investment bank.