Banking stories
Australia ranks fourth globally in GenAI maturity & usage
3 days ago
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data privacy
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ai
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us
Australia ranks fourth globally in GenAI adoption, trailing only China, the UK, and the US, with 63% of local organisations embracing the technology.
A third of Brits face banking tech issues, many may switch
4 days ago
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london
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banking
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customer satisfaction
A survey reveals a third of Brits faced tech glitches in banking last year, with 30% eyeing bank switches. Roq's Paul Darby stresses tech reliability.
Global IT outage sparks chaos, calls for robust cybersecurity
5 days ago
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ai security
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cybersecurity
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broadcasting
A global IT outage triggered by Crowdstrike's software has disrupted sectors like aviation, banking, and retail, prompting experts to call for enhanced disaster recovery plans and heightened cybersecurity measures.
Microsoft Azure outage causes global disruption across industries
Last week
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ai security
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cybersecurity
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outage
The Microsoft Azure outage, triggered by a faulty CrowdStrike update, disrupted banking, aviation, and healthcare globally, highlighting cybersecurity flaws.
Global IT outages disrupt key sectors globally due to updates
Last week
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ransomware
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ai security
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acronis
Global IT outages caused by Microsoft and CrowdStrike updates disrupt key sectors, sparking urgent calls for improved cybersecurity practices.
CrowdStrike security issue causes global Windows system failures
Last week
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soc
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ai security
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healthtech
CrowdStrike's Falcon sensor causes global Windows BSOD, hitting emergency, banking, and aviation sectors.
Brands & AI gear up for Olympics spotlight & challenges
Last week
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cx
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martech
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hcm
Brands worldwide prepare to leverage the 2024 Summer Olympics' extensive visibility, with 41% of US adults poised to follow closely.
NormCyber honoured as Fortinet’s Security Operations Partner
Last week
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firewalls
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siem
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cloud security
NormCyber crowned Fortinet's Security Operations Partner of the Year, solidifying its prowess in advanced cyber threat defence at the UK Partner Awards.
Paymentology appoints Stephen Bowe as Chief Product Officer
This month
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saas
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payment technologies
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bnz
Paymentology has named Stephen Bowe as Chief Product Officer, leveraging his 15+ years of banking and payments expertise to advance next-gen payment solutions.
OutSystems Developer Cloud earns SOC 2 attestation for security
Last month
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martech
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low-code
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data privacy
OutSystems secures SOC 2 attestation for its Developer Cloud, ensuring heightened security for mission-critical applications across highly regulated industries.
McGrathNicol expands partnership with three new appointments
Last month
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advanced persistent threat protection
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risk & compliance
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data privacy
McGrathNicol has promoted Melissa Smith, Alex Morkos, and Mark Wroniak to its partnership, expanding to 55 partners. 11 directors were also promoted.
Resistance to change stalls UK banks' tech modernisation
Last month
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modernisation
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cloud migration
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banking
A new report reveals a resistance to change and reliance on legacy technology are major hurdles to core banking modernisation, putting them at risk.
Netsafe ramps up NZ's scam defences with new AI tools
Last month
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cryptocurrency
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blockchain
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telco
Netsafe relaunches Re:Scam.org with advanced AI to combat scammers, as NZ's annual scam costs hit NZD $2 billion.
Global banking fraud to hit USD $48bn by 2029, says study
Last month
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fintechs
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martech
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commerce systems
Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.
Bendigo & Adelaide Bank embraces AI for tech modernisation
Last month
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ai
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modernisation
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financial institutions
Bendigo and Adelaide Bank pairs with MongoDB to modernise its core banking tech using MongoDB Atlas and generative AI, aiming to slash costs and boost innovation.
Commonwealth Bank joins anti-scam network to bolster security
Last month
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email security
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telco
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social media
Commonwealth Bank of Australia joins a new anti-scam intelligence network to combat online fraud, in collaboration with AFCX and NASC, enhancing digital security.
UK SMEs eye global expansion despite banking challenges
Last month
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fintechs
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regulation
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brexit
A new report by IFX Payments reveals that 78% of UK SMEs are set to expand globally despite facing challenges from ring-fencing regulations and Brexit.
Australian customer experience quality stagnates or declines
Last month
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martech
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cx
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ai
Forrester's report reveals that customer experience quality in Australia has stagnated or declined since 2020, with banks and government sectors hit hardest.
HID integrates U.ARE.U camera system with Amazon Rekognition
Last month
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hyperscale
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biometrics
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public cloud
HID integrates its U.ARE.U Camera Identification System with Amazon Rekognition, enhancing facial analysis and verification for self-service and POS environments.
Digital trust underfunded despite its growing importance
Last month
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digital transformation
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it training
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cx
A new ISACA report reveals organisations worldwide recognise the rising importance of digital trust but substantially underfund initiatives.