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Banking Stories - Page 49

Australian Stories

Banking stories

Banked acquires Waave to expand Pay by Bank in Australia
Payment Technologies

Banked acquires Waave to expand Pay by Bank in Australia

Banked has acquired Australian payment technology firm Waave, aiming to dominate the real-time payments market and enhance the Pay by Bank experience.

By Catherine Knowles • 3 min read • Tue, 15th Oct 2024
Exclusive: Pyng's CEO aims to revolutionise payments across Australia
Fintech

Exclusive: Pyng's CEO aims to revolutionise payments across Australia

Dipra Ray, CEO of Pyng, is on a mission to eliminate transaction surcharges across Australia, aiming to transform payments for consumers and merchants.

By Melania Watson • 5 min read • Fri, 11th Oct 2024
People First Bank sees growth in profit & loans post-merger
Fintech

People First Bank sees growth in profit & loans post-merger

People First Bank has reported a 29% net profit increase to USD $41.4 million in its first year post-merger, alongside significant technological advancements.

By Sean Mitchell • 2 min read • Tue, 8th Oct 2024
Customer experience: The heart of sustainable growth
Crypto

Customer experience: The heart of sustainable growth

Customer experience drives sustainable financial growth, risking AUD $87 billion if ignored. Digital banks leverage automation for seamless service.

By Darren Cockerell • 5 min read • Tue, 1st Oct 2024

Global Stories

Banking stories

Study reveals severe security flaws in finance software
Application Security

Study reveals severe security flaws in finance software

A study by Veracode reveals that 76% of financial applications have unresolved security flaws, posing significant risks to organisations and their customers.

By Catherine Knowles • 3 min read • Thu, 31st Oct 2024
Newgen recognised in 2024 Gartner Magic Quadrant again
Digital Transformation

Newgen recognised in 2024 Gartner Magic Quadrant again

Newgen Software has been acknowledged by Gartner in the 2024 Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth year running.

By Catherine Knowles • 3 min read • Thu, 31st Oct 2024
Forrester reveals 2025 predictions for banking & insurance
Data Analytics

Forrester reveals 2025 predictions for banking & insurance

Forrester's 2025 Predictions report reveals banks and insurers face significant transformations in customer experience and tech investments amid evolving trends.

By Shannon Williams • 3 min read • Wed, 30th Oct 2024
TCS & NVIDIA join forces to advance AI across sectors
Unified Communications

TCS & NVIDIA join forces to advance AI across sectors

Tata Consultancy Services has partnered with NVIDIA to launch a new business unit focused on boosting AI adoption across multiple industries.

By Sean Mitchell • 3 min read • Fri, 25th Oct 2024
AND Solutions to expand APAC reach with Microsoft deal
Digital Transformation

AND Solutions to expand APAC reach with Microsoft deal

AND Solutions has entered a multi-year agreement with Crayon and Microsoft to enhance its operations in the APAC region via the Microsoft Commercial Marketplace.

By Shannon Williams • 3 min read • Fri, 25th Oct 2024
APAC firms to boost AI investment by over 20% in 2024
Generative AI

APAC firms to boost AI investment by over 20% in 2024

Research suggests nearly half of Asia Pacific firms plan to boost AI investments by over 20% in the next year, despite a skills gap hindering progress.

By Sean Mitchell • 4 min read • Wed, 23rd Oct 2024
Navigating enterprise-wide deployment of generative AI in banking
Digital Transformation

Navigating enterprise-wide deployment of generative AI in banking

Generative AI is revolutionising banking in Australia and New Zealand, with 79% of banks progressing beyond initial adoption stages to enhance operations.

By Indranil Mukherjee • 5 min read • Mon, 7th Oct 2024

Stories from Other Regions

Banking stories

UK consumers concerned as mobile fraud & attacks rise
Malware

UK consumers concerned as mobile fraud & attacks rise

Research by Appdome reveals that 41% of UK consumers have faced mobile fraud, highlighting urgent security concerns as they shift towards app-based transactions.

By Shannon Williams • 3 min read • Fri, 18th Oct 2024
New Zealand banks to launch Confirmation of Payee feature
Email Security

New Zealand banks to launch Confirmation of Payee feature

New Zealand's banking sector is set to launch a Confirmation of Payee feature to combat payment scams and errors starting November 2024.

By Catherine Knowles • 3 min read • Thu, 17th Oct 2024
Tandem Bank expands with Cogo on carbon management app
Fintech

Tandem Bank expands with Cogo on carbon management app

Cogo and Tandem Bank are deepening their partnership to introduce a carbon management feature in Tandem's banking app, promoting greener consumer choices.

By Catherine Knowles • 3 min read • Tue, 15th Oct 2024
ANNA introduces biometric checks to combat account fraud
Surveillance

ANNA introduces biometric checks to combat account fraud

British neo-bank ANNA has launched biometric re-authentication to enhance security, requiring selfies to prevent unauthorised access to business accounts.

By Catherine Knowles • 3 min read • Tue, 15th Oct 2024
Emerge secures $12m to revolutionise NZ banking
Fintech

Emerge secures $12m to revolutionise NZ banking

New Zealand's challenger bank Emerge has raised USD $12 million in Series A funding to enhance its digital banking services for local businesses.

By Sean Mitchell • 3 min read • Mon, 14th Oct 2024
State of Digital Quality 2024: 100,000 bugs uncovered in Europe
DevOps

State of Digital Quality 2024: 100,000 bugs uncovered in Europe

A new report from Applause reveals nearly 100,000 digital bugs across Europe, urging companies to adopt comprehensive digital quality frameworks to mitigate issues in key domains.

By Kaleah Salmon • 3 min read • Wed, 2nd Oct 2024