TelcoNews Asia - Telecommunications news for ICT decision-makers

Digital Banking stories - Page 2

Cloud & Digital Banking solutions allow banks, credit unions and financial institutions to host computing services via the Internet, which helps them to be more efficient and reactive. Types of services include data storage, servers, or communication and networking as well.

Banking institutions deliver tools and solutions such as payment gateways, digital wallets, and secure online payments. The major strength of cloud banking comes from the private cloud used to manage these solutions, which increases the reliability and the flexibility of it.
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MoEngage launches platform for Australian financial services
Tue, 9th Jul 2024
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fintech
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cx
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martech
MoEngage launches a new platform in Australia, aimed at helping financial institutions tackle inefficiencies and deliver personalised customer experiences in real time.
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UK business leaders stressed by rapid tech changes, study finds
Mon, 8th Jul 2024
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digital transformation
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fintech
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financial systems
A BBD Perfect Storm Co/Labs survey reveals UK business leaders' anxiety over rapid tech evolution, with many admitting to stress and a fear of appearing outdated.
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Anchora launches in New Zealand, appoints Romit Sinha as director
Fri, 5th Jul 2024
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fintech
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martech
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financial systems
Anchora has launched in New Zealand, appointing former Proximity CTO Romit Sinha as Regional Director. Sinha aims to boost business growth through advanced martech solutions.
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Digital incidents costing Australian firms millions
Wed, 3rd Jul 2024
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fintech
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financial systems
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accounting systems
New PagerDuty research finds digital incident costs in Australia average AUD $1,036,327, with automation touted as crucial for mitigating financial impacts.
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UK finance leaders prioritise tech, AI to drive productivity
Wed, 3rd Jul 2024
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digital transformation
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fintech
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financial systems
The 2024 Yooz survey reveals that finance leaders globally are prioritising technology use, cash flow optimisation, and reducing overheads.
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UK financial leaders shift support to Labour – report
Wed, 3rd Jul 2024
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fintech
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financial systems
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government
Research shows 55% of UK financial leaders plan to vote Labour, foreseeing positive business impacts, contrasting with 26% expecting negative effects.
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API security gaps widen despite rising incidents, says survey
Wed, 3rd Jul 2024
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fintech
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financial systems
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ai security
A new survey by Traceable AI reveals that API security gaps are widening even as API-related incidents rise, with fewer organisations implementing dedicated protection.
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Myths and misconceptions about cloud ERP debunked
Mon, 1st Jul 2024
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crm
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it training
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encryption
Unmask the myths of cloud ERP: not just a costly, unreliable, or complex system, but a scalable, secure solution boosting efficiency and growth for all businesses.
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BigCommerce partners with Ecommpay to enhance payment solutions
Wed, 26th Jun 2024
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fintech
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martech
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commerce systems
Ecommpay partners with BigCommerce to deliver advanced payment solutions across the UK and EMEA, minimising costs and boosting efficiency for merchants.
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BioCatch report underscores evolving fraud landscape in APAC
Wed, 26th Jun 2024
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endpoint protection
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fintech
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email security
BioCatch's latest report on APAC digital banking fraud trends reveals a 70% rise in mobile app fraud and a dramatic 108% surge in voice scams, alongside a notable decline in fraud losses in Australia.
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Open Banking in Australia sees rapid growth in consumer adoption
Tue, 25th Jun 2024
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fintech
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martech
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commerce systems
The fourth edition of FinTech Australia's Open Banking Ecosystem Map shows a 165% rise in Consumer Data Right adoption, supported by Mastercard.
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Survey reveals burnout crisis among Australian knowledge workers
Mon, 24th Jun 2024
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edutech
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fintech
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financial systems
A UiPath-commissioned survey reveals 82% of Australian knowledge workers feel burnt out, with a third extremely so, citing heavy workloads and lack of AI tools as key stressors.
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New survey reveals challenges facing business travel in 2024
Fri, 21st Jun 2024
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fintech
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financial systems
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cleantech
SAP Concur's survey reveals key business travel challenges for 2024 include disruption, safety, sustainability, and unequal opportunities.
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Zyxel Networks' firewall solutions win top PUR survey accolade
Wed, 19th Jun 2024
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firewalls
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fintech
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financial systems
Zyxel Networks' firewall solutions have topped the latest Professional User Ratings survey by techconsult, winning Champion status for superior security, user-friendliness, and reliability among SMBs.
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Global banking fraud to hit USD $48bn by 2029, says study
Mon, 17th Jun 2024
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fintech
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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.
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Less than half of UK firms use GenAI despite recognised benefits
Mon, 17th Jun 2024
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it training
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fintech
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financial systems
UiPath’s Global Knowledge Worker Survey reveals that only 47% of UK businesses are utilising GenAI tools. Meanwhile, 28% of workers are experiencing burnout, highlighting a need for better AI training and support.
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AI adoption among Australian SMEs to surge by 2026, survey finds
Fri, 14th Jun 2024
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fintech
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financial systems
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ai
A survey by Small Business Loans Australia reveals 25% of SMEs are using AI, with 60% planning adoption by 2026. NSW leads, while medium-sized businesses show the highest uptake.
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Xero unveils AI companion JAX to enhance accounting accuracy
Thu, 13th Jun 2024
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fintech
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financial systems
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genai
Xero has revealed its AI-powered business companion, Just Ask Xero (JAX), to boost accuracy in accounting tasks, launching a beta in August.
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Xero introduces AI tool JAX to boost accounting accuracy
Thu, 13th Jun 2024
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fintech
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financial systems
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genai
Xero has unveiled JAX, a new AI-powered smart business companion, at Xerocon London, promising enhanced accuracy in accounting tasks for small businesses.
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Australian executives predict AI-driven business growth in 2024
Tue, 11th Jun 2024
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fintech
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advanced persistent threat protection
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financial systems
A new survey by OpenText Cybersecurity reveals that 92.5% of Australian executives in MSPs and MSSPs foresee significant business growth driven by AI investments in the next year.