TelcoNews Australia - Telecommunications news for ICT decision-makers

Banking stories

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Fujitsu and Macquarie University launch AI Research Lab for collaborative innovation
Yesterday
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fujitsu
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macquarie university
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innovation
Fujitsu and Macquarie University unveiled a joint AI Research Lab, aiming to enhance innovation in artificial intelligence research.
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Surge in counterfeit app risk as cybercrime exploits rising digital consumption
3 days ago
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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.
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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.
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Canonical unveils MicroCloud for swift, secure cloud deployment
Last 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.
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Wasabi Technologies joins Australasian firms for scalable video surveillance storage
Last 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.
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How process intelligence is your competitive edge in tough markets
Last 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.
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Data discovery market to reach USD $20 billion value by 2030
Last 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%.
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Business unease over third party data sharing shown in new Generative AI report
Last 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
Last 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.
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Security printing market to reach USD 5.6 billion by 2030, says report
Sat, 28th Oct 2023
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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.
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Fintech trends and financial challenges for the UK
Fri, 27th Oct 2023
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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.
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ACE Money Transfer pairs with dLocal to bolster remittance services in APAC and EMEA regions
Thu, 26th Oct 2023
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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.
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Forrester predicts genAI-powered growth for APAC businesses in 2024
Wed, 25th Oct 2023
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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.
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Workday recognised again as Leader in Cloud HCM for 8th year
Tue, 24th Oct 2023
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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.
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Fujifilm recognised as 'Reseller Growth Partner' at DocuSign Awards
Wed, 18th Oct 2023
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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.
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Voice analytics market projected to reach USD 9.33 billion by 2030
Wed, 18th Oct 2023
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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.
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Redefining finance: How AI is revolutionising banking & cybersecurity
Tue, 10th Oct 2023
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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.
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Top Polish banks turn to UiPath for automation solutions
Sat, 7th Oct 2023
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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.
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Yoti & Lloyds bank launch digital ID app amid rising identity fraud threat
Thu, 5th Oct 2023
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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.
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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.
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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.
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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.
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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.
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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.