Banking industry stories - Page 5
Bank Mandiri teams up with Cloudera to better serve customers post COVID-19
Tue, 1st Sep 2020
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cloudera
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banking industry
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covid-19
Bank Mandiri has partnered with Cloudera to enhance resilience and agility in the wake of COVID-19, using data-driven insights to adapt quickly.
Banking and securities IT spending down, Gartner forecasts 2021 rebound
Wed, 12th Aug 2020
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uc
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martech
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ai agents
COVID-19 is causing a decline in worldwide banking and securities IT spending in 2020, but a rebound is expected in 2021, says Gartner.
Standard Chartered Bank moves to cloud-first future with Microsoft
Wed, 12th Aug 2020
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digital transformation
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uc
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public cloud
Standard Chartered Bank has partnered with Microsoft to become a cloud-first bank, embracing virtual banking, open banking, and banking-as-a-service.
Trend Micro brings AWS-powered banking solution to Australia
Mon, 6th Jul 2020
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devops
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hyperscale
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public cloud
Trend Micro has introduced Australia's first automated open banking solution for secure data sharing, built on Amazon Web Services (AWS).
Backbase and Mambu partner to continue to evolve banking industry
Mon, 1st Jun 2020
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digital transformation
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banking industry
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financial institutions
Backbase and Mambu have joined forces to offer a comprehensive SaaS banking solution, helping financial institutions modernise and improve customer engagement.
Report: 63% of APAC customers willing to switch to neobanks
Mon, 18th May 2020
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planning
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data analytics
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financial systems
A new report by IDC and Backbase reveals that 63% of APAC customers are poised to switch to neobanks by 2025, challenging traditional banks.
Virgin Money teams with Temenos & Deloitte Digital to launch new bank
Tue, 10th Mar 2020
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fintech
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banking industry
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temenos
Deloitte Digital, Temenos and Virgin Money Australia team up to create a new digital bank to compete in the Australian market.
Growth of digital payments set to cost Australian banks US$3 billion
Tue, 11th Feb 2020
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fintech
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accenture
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bank security
Digital payments growth and non-bank competition could displace US$3 billion of Australian banks' revenue, says Accenture, as payment methods evolve.
Kiwibank to stop accepting cheques
Tue, 4th Feb 2020
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martech
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commerce systems
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payment technologies
Kiwibank will no longer accept cheques as cheque use declined and customers moved to faster, safer and cheaper ways to pay and get paid.
Bankwest develops first third-party API for Lendi integration
Tue, 21st Jan 2020
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cloud services
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banking industry
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banking
Bankwest has launched its first third-party API for integrating with Lendi, enhancing real-time loan approvals for homebuyers through personalised data.
NZ's financial sector primed for AI, research finds
Tue, 3rd Dec 2019
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ai
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banking industry
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ai forum of new zealand
New Zealand urgently needs to increase its focus on the core foundations needed to operate in an AI enabled future.
Black Friday fraud: Who foots the bill?
Fri, 29th Nov 2019
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cybersecurity
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banking industry
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fraud
Banks will bear the brunt of fraud during Black Friday and Cyber Monday, warns Sarah Whipp, head of go to market strategy at Callsign.
ANZ Bank warns businesses and customers of phishing scam
Thu, 28th Nov 2019
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fintech
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phishing
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email security
ANZ Bank warns of a new phishing scam using the bank's trademarks; malicious emails claiming to be from ANZ are infiltrating inboxes.
The rise of the Neobanks: How they challenge traditional banking
Tue, 12th Nov 2019
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bnpl
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banking industry
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financial institutions
Neobanks are catering to customers who are tired of the big banks and those who seek alternatives, says financial advisory firm Mozo.
Australian banking and securities IT spend to reach $18.5 billion
Tue, 29th Oct 2019
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data analytics
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martech
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planning
Australian banking and securities IT spending is set to grow 5.2% in 2020, driven by investments in BI, analytics, and RPA, says Gartner.
Only 17% of banks have deployed digital at scale – report
Tue, 22nd Oct 2019
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digital transformation
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fintech
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report
Despite the push for digital transformation, only 17% of banks have successfully implemented it at scale, says a report by Infosys Finacle and Efma.
Australian fintech uses AI to disrupt banking industry
Mon, 30th Sep 2019
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fintech
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devops
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apm
An Australian fintech firm called Moula is changing the way small business lending works, all through the use of artificial intelligence.
SaaS banking engine Mambu gains 'Challenger' spot in Gartner MQ
Mon, 19th Aug 2019
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digital transformation
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banking industry
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mambu
Software as a service (SaaS) banking engine Mambu has been positioned as a challenger in Gartner’s 2019 Magic Quadrant for Global Retail Core Banking.
Forrester report: Digital banks gain the edge on traditional players
Thu, 8th Aug 2019
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fintech
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forrester research
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banking industry
Digital-only banks and insurers will shape the future of financial services within Asia Pacific, according to new data released by Forrester this week.
Banks feeling the pressure of the digital revolution
Thu, 1st Aug 2019
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fintech
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martech
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commerce systems
Digital revolution ramps up pressure on APAC banks as they race to outpace tech giants and neo-banks. Mastering digital engagement is top priority.