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Financial institutions stories

Supply chain and ransomware threats drove increase in cyber intelligence sharing
Malware

Supply chain and ransomware threats drove increase in cyber intelligence sharing

There has been a increase in sophisticated cross-border cyber criminal campaigns against the financial sector and its supply chain.

By Shannon Williams • 3 min read • Mon, 27th Sep 2021
Entrust acquires financial technology company Antelop Solutions
Marketing Technologies

Entrust acquires financial technology company Antelop Solutions

Entrust, a company specialising in trusted identity, payments and data protection, has announced a definitive agreement to acquire Antelop Solutions.

By Ryan Morris-Reade • 3 min read • Fri, 24th Sep 2021
GBG and SEON strengthen online fraud prevention for financial institutions
Marketing Technologies

GBG and SEON strengthen online fraud prevention for financial institutions

GBG partners with SEON to bolster online fraud prevention for banks and fintechs, offering technology integrated into the GBG Intelligence Center.

By Catherine Knowles • 3 min read • Wed, 8th Sep 2021
FiVerity launches 'revolutionary' Cyber Fraud Network
Cybersecurity

FiVerity launches 'revolutionary' Cyber Fraud Network

FiVerity launches industry-first Cyber Fraud Network to combat cyber tactics and fraudulent theft in financial institutions.

By Catherine Knowles • 3 min read • Fri, 27th Aug 2021
Traditional banks invest in apps to keep up with the competition
Mobility

Traditional banks invest in apps to keep up with the competition

Traditional banks in the APAC region are rapidly developing digital wellness apps to keep up with nimbler digital-only competitors, a new study reveals.

By Catherine Knowles • 4 min read • Fri, 27th Aug 2021
Manual processes leave financial orgs open to risk, study shows
Supply Chain

Manual processes leave financial orgs open to risk, study shows

Two-thirds of banks, corporations and NBFIs are still using search engines for trade compliance, risking red flags and missed opportunities, says Accuity.

By Catherine Knowles • 3 min read • Thu, 26th Aug 2021
Allvue Systems launches centralised data cloud with Snowflake
Storage

Allvue Systems launches centralised data cloud with Snowflake

Allvue Systems selects Snowflake to enhance client data storage and processing capabilities in a centralised data cloud.

By Catherine Knowles • 3 min read • Fri, 20th Aug 2021
mx51 to use Snowflake for analytics and customer service
Customer Relationship Management

mx51 to use Snowflake for analytics and customer service

Snowflake has been chosen by mx51 to enhance its analytics and customer service for its merchant payment platform.

By Ryan Morris-Reade • 3 min read • Thu, 19th Aug 2021
Automation gives competitive edge to APAC financial services firms
Customer Experience

Automation gives competitive edge to APAC financial services firms

The majority of Asia Pacific financial services firms say automation gives them a competitive edge, according to new research.

By Catherine Knowles • 3 min read • Fri, 25th Jun 2021
Moneythor and Envestnet | Yodlee partner, bring greater CX to finance sector
Customer Relationship Management

Moneythor and Envestnet | Yodlee partner, bring greater CX to finance sector

Moneythor and Envestnet | Yodlee are partnering to improve customer experiences for financial institutions in Australia and New Zealand.

By Catherine Knowles • 3 min read • Fri, 11th Jun 2021
Global spending on financial crime compliance accelerates
Risk & Compliance

Global spending on financial crime compliance accelerates

Global spending on financial crime compliance at financial institutions is forecast to reach US$213.9 billion in 2021.

By Shannon Williams • 3 min read • Fri, 11th Jun 2021
New Bitcoin indicator series from State Street
Crypto

New Bitcoin indicator series from State Street

State Street Corporation has launched its new Bitcoin Indicator series, aiming to measure the popularity of Bitcoin and its impact on traditional markets.

By Ryan Morris-Reade • 3 min read • Mon, 10th May 2021
APAC financial firms bite down as crime compliance costs rise
Fintech

APAC financial firms bite down as crime compliance costs rise

The total projected cost of financial crime compliance within Asia Pacific firms reached US$12.06 billion, according to a new report.

By Staff Writer • 2 min read • Mon, 29th Mar 2021
Video: 10 Minute IT Jams - GBG exec on digital identity verification tech
Biometrics

Video: 10 Minute IT Jams - GBG exec on digital identity verification tech

TechDay's 10 Minute IT Jams feature GBG's Carol Chris discussing digital identity verification technology and GBG's flagship solution.

By Nick Forrester • 5 min read • Wed, 3rd Mar 2021

Stories from Other Regions

Financial institutions stories

Personetics raises $85M, expands operations in Australia
Investment

Personetics raises $85M, expands operations in Australia

Personetics raises $85m from Thoma Bravo, doubling its valuation to over $160m and expanding operations in Australia.

By Catherine Knowles • 3 min read • Fri, 21st Jan 2022
What do the outcomes of COP26 mean for infrastructure?
Clean technologies

What do the outcomes of COP26 mean for infrastructure?

Climate pledges made at COP26 could speed up investment in clean energy, EV charging and low-carbon materials, despite weak deadlines.

By Staff Writer • 5 min read • Wed, 5th Jan 2022
Australian FIs are seeking more robust crime management solutions, report finds
Cybersecurity

Australian FIs are seeking more robust crime management solutions, report finds

Nearly all Australian financial institutions (FIs) plan to replace in-house financial crime management solutions within three years, says IDC.

By Catherine Knowles • 3 min read • Wed, 24th Nov 2021
Review reveals who is to blame for Transmission Gully shambles
Risk & Compliance

Review reveals who is to blame for Transmission Gully shambles

Weaknesses in New Zealand’s PPP procurement have been laid bare after a review found early cost estimates and governance helped derail Transmission Gully.

By Staff Writer • 5 min read • Thu, 29th Apr 2021