Banking stories

Ecosystem privacy and security challenges have been cited as the top two barriers to innovation, according to a new study.

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.

The attacks showcased advanced techniques, including targeting specific components in web assets by attaching malicious functionalities to it.

New research from Proofpoint has revealed banking institutions incorporated in the United Kingdom are lagging behind on basic cybersecurity measures.

Australians prefer traditional banks over digital-only, in large part due to the ability to speak to a bank teller face-to-face.

"We consistently invest more in cloud technologies and have more banks live with core banking in the cloud than any of our peers."

The increasing complexities and interconnectivity of global supply chains are ubiquitous sources of pain yet opportunity.

"The initial weeks of 2023 have indicated that this year will remain a difficult time for numerous organisations and individuals across the globe.."

Banks across North America and Europe are failing to publicly report on their approaches to responsible AI development.

At the recent Australian Retail Credit Association Credit Summit, FICO’s Head of Scoring Solutions, Steven Brown, spoke about global credit risk trends.

To get a sense of how APAC’s payment paradigm is shifting, Currencycloud explores three interesting trends that would impact the movement of money in 2023 and beyond.

Bendigo Bank, Macquarie Bank, and Suncorp are the only brands to provide good customer service this year, with the rest in the OK and poor categories.

UOB, one of Asia's largest banks, has successfully deployed Workday Human Capital Management (HCM) across 14 markets.

Operational hurdles, regulatory challenges, legacy technologies, and skills gaps are slowing down the momentum as banks look to stay competitive.

With more fintech disruptors joining the financial sector, digitally-savvy customers have more choice than ever at their fingertips — and they’re searching for the best deals.

"Staying ahead of the game means predicting where tomorrow will take us, as well as recognising where things currently stand."

Research reveals 91% of Australian banking executives are banking on the metaverse to reduce their organisation's carbon footprints.

The partnership will provide an end-to-end dispute management platform across all payment schemes for their merchant portfolio.

While overall complaint numbers declined significantly in the period, the proportion of mobile complaints increased to 39.7% of all complaints.

The integration benefits joint customers by making Concentric AI's data security posture management capabilities readily available on the Snowflake Data Cloud. 

A new Cushman & Wakefield report is calling for water consumption and carbon emissions to be measured in addition to power usage.

FormBook is now the most prevalent malware, taking over from Emotet, which has held that position since its reappearance in January.

IBM has unveiled the next generation of its LinuxONE server, a highly scalable Linux and Kubernetes-based platform intended to support thousands of workloads in the footprint of a single system.

Businesses looking to make the most of new technology can push their operations forward - however, getting the most out of software can sometimes mean making slight compounding adjustments rather than sweeping changes.