Banking Stories - Page 87

Australian Stories

Banking stories

Frollo urges collaboration to improve Australia's Open Banking data quality

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.

By Kaleah Salmon • 3 min read • Wed, 17th Apr 2024

Customer Experience

Genea Fertility & GoCardless offer new IVF payment methods

Pioneering fertility treatment provider Genea Fertility partners with payment company GoCardless to offer flexible payment options, making IVF and egg freezing more accessible to Australians.

By Catherine Knowles • 3 min read • Thu, 4th Apr 2024

Customer Experience

How voice recognition technology can transform customer experience in Australia

Voice recognition technology is predicted to accelerate Australia's customer experience revolution, offering streamlined, secure, and personalised interactions across industries.

By Robert Woolfrey • 4 min read • Wed, 27th Mar 2024

Software-as-a-Service

RIC's digital transformation revolutionises Australian farm loans

The Regional Investment Corporation (RIC) and Infosys Finacle have successfully launched the SaaS-based Finacle Digital Lending Solution, streamlining RIC's operations and lowering costs.

By Tom Raynel • 3 min read • Mon, 25th Mar 2024

Global Stories

Banking stories

Fintech

Cogo & Personetics introduce AI-powered sustainable banking

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.

By Tom Raynel • 3 min read • Wed, 17th Apr 2024

Digital Transformation

Simon Noonan joins MYOB as new Chief Technology Officer

Simon Noonan appointed as the new Chief Technology Officer at MYOB in line with their mission to improve services and drive innovation for businesses in Australia and New Zealand.

By Imee Dequito • 2 min read • Tue, 16th Apr 2024

Artificial Intelligence

Banks accelerate AI innovation with surge in new patents & investments

The banking industry is seeing a significant acceleration in AI innovation, with a rise in new patents and research publications.

By Shannon Williams • 3 min read • Thu, 11th Apr 2024

Malware

Cybersecurity services market to hit $445.3 billion by 2032

Rapid rise in cybercrimes forces urgent global reappraisal of security strategies in government, defence, and IT sectors amid projections of cybersecurity services market growing to $445.3bn by 2032.

By Tom Raynel • 3 min read • Wed, 10th Apr 2024

Fintech

Angel investors seek positive impact, warns of startup overvaluations

Angel Investment Network's 2024 survey reveals that Angel investors' motivations shift towards positive impact over financial gain, highlighting new trends and potential pitfalls for start-ups.

By Kaleah Salmon • 3 min read • Tue, 2nd Apr 2024

Fintech

Celonis & Sailfin Technologies launch AI-driven AR app suite

Celonis and Sailfin Technologies unveil AI-driven suite to optimise AR operations, promising enhanced cash flow, greater productivity, and potential million-dollar savings.

By Catherine Knowles • 3 min read • Thu, 28th Mar 2024

Fintech

BioCatch & Google Cloud unite to combat financial cybercrime

BioCatch has joined forces with Google Cloud to combat soaring financial cybercrime in Southeast Asia with real-time biometric intelligence solutions.

By Shannon Williams • 2 min read • Wed, 27th Mar 2024

Stories from Other Regions

Banking stories

Fintech

Luke Trayfoot joins Brite Payments as new CCO

Luke Trayfoot, former PayPal and MangoPay executive, takes on role as Chief Commercial Officer at Brite Payments, heading the effort to expand their real-time bank-to-bank payment solutions across Europe.

By Imee Dequito • 3 min read • Tue, 16th Apr 2024

Data Protection

Prolific aims to establish industry standards for human data use in AI

Prolific introduces a first-of-its-kind Participant Wellbeing report, advocating for ethical human data use in AI and academic research, following controversies over AI tasker exploitation.

By Catherine Knowles • 3 min read • Tue, 9th Apr 2024

Fintech

Emerge disrupts New Zealand banking with SME platform

Emerge, a disruptive platform aimed at revolutionising New Zealand's business banking landscape, has launched.

By Tom Raynel • 3 min read • Mon, 8th Apr 2024

Generative AI

Autonom8 launches advanced vKYC platform for Telcos & Banks in India

Autonom8 unveils a GenAI-backed vKYC platform for India's telecommunications and banking sectors, promising advanced customer compliance onboarding with robust fraud detection.

By Kaleah Salmon • 3 min read • Wed, 3rd Apr 2024

Clean technologies

Paynetics acquires Novus in sustainability-focused finance shift

Embedded finance provider, Paynetics, acquires UK's leading impact neobank, Novus, to strengthen environmental, social, and governance objectives.

By Tom Raynel • 2 min read • Tue, 2nd Apr 2024

Fintech

FICO survey reveals identity theft & fraud fears among Indonesians

FICO's study reveals prolonged fears of identity theft among Indonesians, as 36% remain anxious, heightening vulnerabilities to financial loss and credit damage amid growing risks from real-time payments.

By Catherine Knowles • 3 min read • Mon, 1st Apr 2024

Advanced Persistent Threat Protection

AI-powered localised scams on the rise, banking fraud trend takes off

BioCatch warns of increasing trend of fraudsters using AI to personalise scams across Europe, with digital fraud and financial crime escalating. Meanwhile, the UK sees notable drop in voice scams.

By Catherine Knowles • 3 min read • Fri, 29th Mar 2024