Banking stories - Page 17

The Emerging Payments Association of Asia urges APAC payments firms to urgently bolster defences against quantum computing risks, highlighting a major security gap.

Despite 69% of Australians regularly using mobile banking apps, satisfaction remains modest with a 66.0 CX Index score, says Forrester's 2025 report.

Nearly one-third of marketers using agentic AI expect quantum computing to influence marketing within two years, signalling rapid tech adoption ahead.

Banks have accelerated the shift from AI research to practical tools, with top institutions rapidly deploying innovations in trading, fraud prevention, and customer service.

Krungsri has partnered with Informatica to boost data governance and management, supporting its digital growth and serving over 19 million customers across ASEAN.

Saudi fintech HALA has raised USD $157 million to expand SME services, launch new lending products, and support Vision 2030's economic goals.

Success with AI in Asia Pacific and Japan requires clear strategy, skilled talent, and strong partnerships, according to Dell Technologies.

Cloudhouse unveils Alchemy APS, enabling banks to swiftly modernise by packaging applications independently from legacy infrastructure, cutting costs and risks.

Pure Storage has been named a Leader in Gartner's 2025 Magic Quadrant for Enterprise Storage Platforms for the twelfth year running.

Kyndryl has named Graeme Beardsell as Managing Director for Australia and New Zealand to expand market presence and enhance customer value in the region.

Appian has been named a Leader in the IDC MarketScape for business automation, praised for its AI-driven platform which enhances operational efficiency.

Cube Cyber has opened a Brisbane Security Operations Centre to provide 24/7 local cyber threat detection and response for Australian businesses.

Irish fintech has secured nearly EUR €1bn in five years, as new data show strong 2023 deal activity despite weaker European VC flows.

AMP Bank GO has blocked over 1,000 fraudulent accounts in six months using a selfie video verification and numberless cards to enhance security.

NAB now requires new online customers to take biometric selfies and scan ID documents to combat fraud and enhance account security from September.

A browser flaw risks hijacking passkey authentication, threatening access to banking, shopping and SaaS accounts despite passkeys' security promise.

LegitScript has launched automated Global Business Identity Check and U.S. TIN Verification to speed and improve merchant onboarding worldwide.

SAS urges enterprises to prioritise data quality and trust as they deploy AI for real business value, blending old analytics with new interfaces responsibly.

Atlas Consolidated raised USD $18.1 million to boost growth of HugoHub, its fintech platform cutting banking tech costs by up to 90% for global banks.

Retail leads AI satisfaction in EMEA with 96% success rate, while healthcare outspends all sectors but faces challenges, says Lenovo's CIO Playbook 2025 study.