Banking stories - Page 7

NextGen's digital lending technology, specifically its Verification of Identity service, NextGenID, boosts home loan approval efficiency, reducing approval times by 25% on the ApplyOnline platform.

European Parliament's core groups ratified a landmark AI Act, potentially forming the world's first legislation on artificial intelligence technology usage, ahead of April's vote.

Australian tech firm Notitia is to open a third office in Canberra, driven by rising demand for data and tech consulting.

Fortinet has unveiled a robust, compact appliance that intensifies secure networking and 5G connectivity for operational technology environments.

Quorum Cyber's 2024 report forecasts AI weaponisation and intensified threats from Russia, China, Iran and North Korea as major cybersecurity concerns.

Minneapolis-based Entrust is in exclusive talks to acquire London's AI-powered identity verification tech leader, Onfido.

Trend Micro bolsters ANZ leadership team with appointment of Srujan Talakokkula as Managing Director for Commercial business, as it commits to growing local customer base.

Global trust in banks for data collection tops the 2024 Thales Digital Trust Index, as privacy fears prompt 26% of consumers to abandon certain brands over the last year.

Cloudera urges global banks to adopt a modern data architecture to bolster resilience against financial downturns and navigate compliance challenges.

Banking without borders is pivotal for 40% of UK adults considering relocation abroad amid concerns about financial difficulties.

UK telecoms giant, BT Group, launches AI and blockchain services in collaboration with cloud specialist, Optiva, targeting banking, healthcare and insurance sectors.

FinTech Australia, backed by Investment NSW, partners with major banks ANZ, Westpac and tech firm 1835i for a reverse pitch event on 21 February 2024, inviting fintechs to solve local banking issues.

HID and Olea Kiosks, provider of self-service kiosks, collaborate on an initiative to revolutionise user experience for multi-industry access control.

HID teams up with Olea Kiosks to offer a revolutionary user experience by integrating facial recognition technology in access control and authentication across various industries.

Volopa partners with Open Banking API provider, Yapily, aiming to simplify the payment process for finance teams through seamless connectivity using innovative open banking technology.

To combat the rising threat of cyber fraud, a new alliance aims to reinforce consumer safety in banking, cryptocurrency, and telecommunications sectors in NZ.

Ppersonal finance website Banked debuts a free, comprehensive guide to help students effectively manage finances during their transition to tertiary education.

Lien Viet Post Joint Stock Commercial Bank (LPBank) joins forces with Finastra and NGS to drive digital transformation and elevate its treasury capabilities, enhancing operational efficiency and governance.

A surge in cyber threats spurs 5G network security market's colossal growth to reach USD16 billion by 2028, a new study reveals.

Rang-Ay Bank bolsters digital security with ePLDT's Vulnerability Management as-a-Service through a strategic partnership.