Banking stories - Page 27

Payments provider Volopa collaborates with Microsoft Dynamics 365, enhancing its expense management tools, building on partnerships earlier this year with ClearBank and Yapily.

LexisNexis Risk Solutions' study reveals 80% of Australian firms recognise fraud significantly impacting customer conversion rates.

MYOB has updated its business management platform to simplify navigation for small-to-medium businesses, enhancing usability.

A recent survey by Fastly reveals 81% of Australian businesses have a CISO role, but there remains significant confusion around the role's responsibilities and value.

New Relic's fourth annual State of the Java Ecosystem report reveals latest trends in Java development and adoption, highlighting significant growth in Java 21's uptake and shifts in preferred Java Developer Kits.

Growing sophistication of cybercriminal identities threatens Australian enterprises, as only over one-third implement multi-factor authentication, leaving them vulnerable to AI-driven attacks, reports Ping Identity.

Despite a surge in digital banking, 58% of Australians remain uncertain about AI-enhanced services due to job loss fears, data security concerns, and a preference for human interaction, says a Publicis Sapient study.

Despite the introduction of Consumer Data Right (CDR) five years ago, 68% of Australians remain unaware of the Open Banking concept, according to a survey by payment tech company, Waave.

AI-driven disruption induces pivotal alterations within data and analytics operations across 61% of businesses, as revealed by Gartner's global CDAO survey.

In a strategic partnership, small business platform Xero invests USD $25 million in shift work platform Deputy to offer comprehensive business solutions, integrating the companies' accounting, payroll, and workforce management systems.

Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.

Waave launches Waave Wallet, a novel payment method using biometric security and real-time account transfer; a move to tackle cyber breaches and reduce Australia's AU$3 billion in annual merchant fees.

Innovative analytics and AI company, SAS, led by Chris Schaub, is revolutionising risk management and compliance practices in Australia and New Zealand.

Xerocon London's first-timers' guide provides essential insights to prepare for the thrilling atmosphere of the event, which will alter one's perspective on accounting.

Chatbot market set to surge, projecting USD $4.9 billion growth by 2033, fuelled by customer engagement focus and widespread industrial adoption.

Spirent Communications joins forces with an online payments platform to enhance cyber defenses using its advanced CyberFlood software, aimed at improving the scalability and efficacy of network defenses.

Westpac partners with NextGen to streamline home loan applications across its brands via Open Banking, marking a significant innovation in Australia's banking sector.

Thomson Reuters' debut Asia and Emerging Markets 'Future of Professionals Report' reveals AI's potential, with 89% of professionals forecasting AI-stimulated creation of novel careers.

Cogo partners with AI-firm Personetics, pioneering climate-conscious banking by aiding customers in understanding and managing their carbon footprints based on their spending habits.

Frollo, Australia's Open Banking service provider, urges a collaborative strategy to enhance the data quality in the nation's Consumer Data Right framework, supporting superior financial outcomes.