Banking stories

Surge in counterfeit app risk as cybercrime exploits rising digital consumption
Yesterday
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malware
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cryptocurrency
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reviews
Cybercrime surge sees a 32% rise in counterfeit applications on app stores in 2023, posing a serious threat to user safety.

Accenture & Avanade expedite data readiness & AI adoption with Microsoft Fabric
Last week
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ai
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avanade
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it
Accenture and Avanade are expanding their capabilities in data readiness and generative AI with the help of Microsoft technology.

Canonical unveils MicroCloud for swift, secure cloud deployment
This month
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on-premise
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canonical
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data
Canonical unveils MicroCloud, a novel solution for swift and secure cloud deployment, streamlining operations for businesses.

Wasabi Technologies joins Australasian firms for scalable video surveillance storage
This month
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smart cities
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partnerships
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cloud storage
Wasabi Technologies partners with Australasian security firms Channel Ten and Visium Networks, offering scalable cloud storage for video surveillance needs.

How process intelligence is your competitive edge in tough markets
This month
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ml
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it in healthcare
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digital transformation
Process automation aims to address deficiencies, freeing teams from repetitive tasks and delivering better, faster results.

Data discovery market to reach USD $20 billion value by 2030
This month
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big data
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ai
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datasets
The global data discovery market is projected to reach a worth of USD $20 billion by 2030, with a CAGR of 15.65%.

Business unease over third party data sharing shown in new Generative AI report
This month
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chatbots
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compliance
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ai
Businesses show concern about third-party data sharing needed to facilitate Generative AI models, says Cloudera report.
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More Australians turning to mobile banking, Westpac leading the way
This month
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mobile banking
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research
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westpac
More Aussies use mobile banking with Westpac's app hailed as top-notch in Forrester's review, a first time feat.

Security printing market to reach USD 5.6 billion by 2030, says report
Last month
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printing
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stamps
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government
Security printing forecasted to hit a valuation of USD 5.6 billion by 2030, bolstered by a surge in demand to thwart counterfeiting.

Fintech trends and financial challenges for the UK
Last month
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fintech
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predictions
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data
SaaScada has issued five forecasts for the United Kingdom's fintech sphere in 2024, including a crisis in artificial intelligence and major shifts in payments.

ACE Money Transfer pairs with dLocal to bolster remittance services in APAC and EMEA regions
Last month
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partnerships
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swift
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money transfer
ACE Money Transfer from the UK has partnered with dLocal to strengthen their payout services across remittance hotspots in APAC and EMEA regions.

Forrester predicts genAI-powered growth for APAC businesses in 2024
Last month
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cx
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cybersecurity
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ai
Forrester predicts GenAI will drive growth for APAC businesses in 2024; 30% of firms set to benefit from the technology's 'transformative' impact.

Workday recognised again as Leader in Cloud HCM for 8th year
Last month
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hcm
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compliance
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pwc
Workday, Inc. holds its position as a leader in the Gartner Magic Quadrant for Cloud HCM for the eighth year in a row.

Fujifilm recognised as 'Reseller Growth Partner' at DocuSign Awards
Last month
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it in manufacturing
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digital transformation
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awards
Fujifilm wins 'Reseller Growth Partner of the Year' at the 2023 DocuSign Awards, recognising eSignature technology growth.

Voice analytics market projected to reach USD 9.33 billion by 2030
Last month
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voip
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ml
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compliance
The voice analytics market is set to soar to $9.33bn by 2030, fuelled by growing use of voice recognition tech.

Redefining finance: How AI is revolutionising banking & cybersecurity
Last month
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cryptocurrency
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cx
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cybersecurity
AI is transforming the finance sector, improving customer service, battling fraud, and making repayments efficient.

Top Polish banks turn to UiPath for automation solutions
Last month
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cx
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uipath
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services
UiPath's automation solutions help Polish banks manage challenges from an 8-month national mortgage deferral policy.

Yoti & Lloyds bank launch digital ID app amid rising identity fraud threat
Last month
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lloyd's of london
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personal data
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banking
UK's Yoti and Lloyds Bank introduce a digital ID app, the Lloyds Bank Smart-ID, to combat increasing ID fraud.

Banks hampered by technology modernisation challenges
Fri, 15th Sep 2023
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ibm
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banking
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finance
Ecosystem privacy and security challenges have been cited as the top two barriers to innovation, according to a new study.

Australian banks not proactively blocking fraudulent emails
Tue, 1st Aug 2023
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cybersecurity
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proofpoint
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fraud
Due to the extensive amount of sensitive personal and financial data that they store, banking and financial institutions are a prime target for cyber criminals.

OSS supply chain attacks targeting the banking sector
Mon, 24th Jul 2023
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cyber attacks
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checkmarx
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website spoofing
The attacks showcased advanced techniques, including targeting specific components in web assets by attaching malicious functionalities to it.

UK banks leaving customers at risk of email fraud
Fri, 30th Jun 2023
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cybersecurity
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email security
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fraud
New research from Proofpoint has revealed banking institutions incorporated in the United Kingdom are lagging behind on basic cybersecurity measures.

Australians are resisting the rise of AI in banking
Tue, 20th Jun 2023
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ai
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customer service
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banking
Australians prefer traditional banks over digital-only, in large part due to the ability to speak to a bank teller face-to-face.

Temenos reaches record high transactions for Banking-as-a-Service
Fri, 19th May 2023
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cloud banking solutions
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temenos
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banking
Temenos achieves record-breaking performance with its Banking Cloud on Microsoft Azure and MongoDB Atlas infrastructure.