Bank stories

"There is no one-size-fits-all approach, and banks cannot create all digital subsidiaries equally. Players capable of achieving long-term growth and profitability today will be tomorrow's fintech-era success stories.">>

Forter has doubled its revenue in the last 12 months, raising $300 million for a $3 billion valuation.>>

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

UOB has deepened its partnership with VMware with the aim of enabling safe and effective remote working in today’s world.>>

Trend Micro has introduced Australia's first automated open banking solution for secure data sharing, built on Amazon Web Services (AWS).>>

Data from the IDC report shows that the rise of digital banking can be partially attributed to the conservative view of the value chain maintained by many traditional banks – leaving them unable to take advantage of potential ecosystem partners.>>

Banks must change their business models to avoid massive shortfall in the next five years.>>

Kiwibank will no longer accept cheques as cheque use declined and customers moved to faster, safer and cheaper ways to pay and get paid.>>

Sydney-based fintech firm Waddle has successfully completed a six-month pilot partnership with the Royal Bank of Scotland Group (RBS Group).>>

One bank had an unpatched vulnerability that has existed since at least 2011.>>

ANZ did the right thing by going public about former CEO David Hisco's life of excess, but management's attempts to downplay his misconduct will only worsen the damage to the bank’s internal culture.>>

"We believe that this initiative will greatly benefit our customers who can enjoy the ease of transacting abroad, starting with Singapore's Changi Airport.">>

The bank experienced major connectivity issues leaving many customers unable to access their money.>>

Why financial institutions need to combat the increasingly complex and intelligent threat landscape with a holistic security approach.>>

The bank is implementing Oracle’s FLEXCUBE solution and its Digital Banking Experience product in an effort to drive customer service innovation.>>

The loan was granted by the European Investment Bank and backed by the European Fund for Strategic Investments to create opportunities in the region.>>

The trial will begin in January 2018 and last for about three months...>>

The collaboration will help TMB complete their wider digital strategy and is motivated by the demand for an omni-channel, mobile-first experience.>>

“I can see huge opportunities for IBM to bring global technology and expertise to solve real problems for New Zealanders.”>>

“The best place to start is with a real-time employee engagement platform so that action plans are developed and delivered,">>

It's the first NZ bank to release a banking app for Android users.>>