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Banking stories

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Banks hampered by technology modernisation challenges
This month
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ibm
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banking
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finance
Ecosystem privacy and security challenges have been cited as the top two barriers to innovation, according to a new study.
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Australian banks not proactively blocking fraudulent emails
Last month
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cybersecurity
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proofpoint
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fraud
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.
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OSS supply chain attacks targeting the banking sector
Mon, 24th Jul 2023
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cyber attacks
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checkmarx
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website spoofing
The attacks showcased advanced techniques, including targeting specific components in web assets by attaching malicious functionalities to it.
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UK banks leaving customers at risk of email fraud
Fri, 30th Jun 2023
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cybersecurity
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email security
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fraud
New research from Proofpoint has revealed banking institutions incorporated in the United Kingdom are lagging behind on basic cybersecurity measures.
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Australians are resisting the rise of AI in banking
Tue, 20th Jun 2023
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ai
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customer service
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banking
Australians prefer traditional banks over digital-only, in large part due to the ability to speak to a bank teller face-to-face.
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Temenos reaches record high transactions for Banking-as-a-Service
Fri, 19th May 2023
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cloud banking solutions
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temenos
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banking
"We consistently invest more in cloud technologies and have more banks live with core banking in the cloud than any of our peers."
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Financial collaboration drives competitive advantage
Wed, 10th May 2023
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financing
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inflation
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financial systems
The increasing complexities and interconnectivity of global supply chains are ubiquitous sources of pain yet opportunity.
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Banks, healthcare amongst top targets for cybercrime
Fri, 28th Apr 2023
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it in healthcare
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blackberry
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cyber attacks
"The initial weeks of 2023 have indicated that this year will remain a difficult time for numerous organisations and individuals across the globe.."
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No evidence of responsible AI in world's largest banks
Tue, 28th Mar 2023
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fintech
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ai
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banking
Banks across North America and Europe are failing to publicly report on their approaches to responsible AI development.
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Banks Are Getting to Know You Better - What’s in it for Customers?
Thu, 23rd Feb 2023
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dr
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transactions
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credit risk
At the recent Australian Retail Credit Association Credit Summit, FICO’s Head of Scoring Solutions, Steven Brown, spoke about global credit risk trends.
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Three money movement trends set to shake up APAC in 2023
Wed, 18th Jan 2023
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fintech
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payment gateways
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b2b
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.
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Australian financial services delivery dips, says Forrester
Fri, 9th Dec 2022
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fintech
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cx
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forrester research
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.
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One of Asia’s largest banks using Workday across 14 markets
Thu, 8th Dec 2022
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digital transformation
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hcm
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hr
UOB, one of Asia's largest banks, has successfully deployed Workday Human Capital Management (HCM) across 14 markets.
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Aussie banks struggle to make headway on digitisation plans
Tue, 11th Oct 2022
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digital transformation
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open source
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challenge
Operational hurdles, regulatory challenges, legacy technologies, and skills gaps are slowing down the momentum as banks look to stay competitive.
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Why the financial services industry needs to embrace ‘relationship marketing’
Tue, 11th Oct 2022
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fintech
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open source
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retail
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.
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New report highlights opportunities and challenges of Super Apps for banking sector
Wed, 5th Oct 2022
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fintech
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bpc
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banking
"Staying ahead of the game means predicting where tomorrow will take us, as well as recognising where things currently stand."
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Banks looking to metaverse to help reduce carbon footprint
Tue, 27th Sep 2022
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vr
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metaverse
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carbon footprint
Research reveals 91% of Australian banking executives are banking on the metaverse to reduce their organisation's carbon footprints.
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PXP Financial partners DisputeHelp management platform
Fri, 23rd Sep 2022
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pos
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martech
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commerce systems
The partnership will provide an end-to-end dispute management platform across all payment schemes for their merchant portfolio.
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Poor mobile coverage most prominent issue for telco services
Thu, 22nd Sep 2022
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smartphones
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broadband
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technology gifts
While overall complaint numbers declined significantly in the period, the proportion of mobile complaints increased to 39.7% of all complaints.
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Concentric AI, Snowflake to enhance data security posture
Tue, 20th Sep 2022
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partnerships
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data security
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concentric ai
The integration benefits joint customers by making Concentric AI's data security posture management capabilities readily available on the Snowflake Data Cloud. 
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New report calls for tighter guidelines on data centre sustainability
Fri, 16th Sep 2022
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colocation
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sustainable it
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data centre maintenance / management
A new Cushman & Wakefield report is calling for water consumption and carbon emissions to be measured in addition to power usage.
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August's top malware: Emotet knocked off top spot
Fri, 16th Sep 2022
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malware
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cybersecurity
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emotet
FormBook is now the most prevalent malware, taking over from Emotet, which has held that position since its reappearance in January.
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IBM LinuxONE servers help clients reach sustainability goals
Thu, 15th Sep 2022
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multi-cloud
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sustainable it
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devsecops
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.
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Four marginal gains for the new era of credit decisioning
Wed, 14th Sep 2022
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ml
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ai
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banking industry
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.
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