Digital Banking stories - Page 3
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.
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.
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.
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.
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.
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.
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.
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.
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.
Bank partners with Newgen Software to digitise onboarding
Fri, 7th Jun 2024
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fintech
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cx
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martech
Centennial Bank partners with Newgen Software to digitise onboarding, enhancing customer experience with a streamlined, low-code automation solution.
Finance professionals lead in AI adoption, report reveals
Fri, 7th Jun 2024
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cryptocurrency
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fintech
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blockchain
Finance professionals lead AI adoption, with 63% utilising it for fraud detection and risk management. Marketing and sales show lower usage at 27% and 19%.
OpenPayd's annual recurring revenue tops GBP £40 million
Fri, 7th Jun 2024
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digital transformation
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fintech
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cx
OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.
Xero revamps subscription plans for NZ business customers
Wed, 5th Jun 2024
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migration
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fintech
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financial systems
Xero will debut new business subscription plans in NZ from 12 September 2024 to streamline accounting services and integrate key features directly.
Jio launches 'JioFinance' app to revolutionise digital banking
Wed, 5th Jun 2024
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digital transformation
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fintech
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payment technologies
Jio Financial Services launches the 'JioFinance' app beta, aiming to revolutionise digital banking and financial activities for Indian citizens.
Trustly reports robust growth with US$58 billion in transactions
Thu, 30th May 2024
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fintech
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strategy
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blackrock
Trustly’s 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.
US consumers spend USD $331.6 billion online in first quarter 2024
Thu, 30th May 2024
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data analytics
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fintech
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martech
US consumers spent USD $331.6 billion online in Q1 2024, with groceries, electronics, and apparel driving growth, Adobe Analytics reveals.
The three trends supporting fintech growth in Australia
Thu, 30th May 2024
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smartphones
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data analytics
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fintech
Australia’s fintech sector, powered by innovation, technology, and government backing, has surged from AUD $250 million in 2015 to AUD $45 billion in 2023.
First AML & Armalytix join forces to elevate AML processes
Thu, 30th May 2024
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fintech
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risk & compliance
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onboarding
First AML has partnered with Open Banking tech platform Armalytix to boost Source of Funds and Source of Wealth capabilities for large conveyancing firms.
Cogo partners with Terra Nova to launch carbon tracking
Wed, 29th May 2024
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fintech
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financial systems
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cleantech
Cogo and Terra Nova Foundation unveil Earth+ programme in New Zealand to help not-for-profits in Canterbury and Nelson.
Pattern study reveals trust gap in Australian online shopping
Tue, 28th May 2024
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fintech
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financial systems
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amazon
Australian shoppers trust Amazon far more than emerging rivals Temu and Shein, reveals a Pattern study. Only 7% vouch for Temu's product quality.
MYOB Digital Challenge opens registrations with NZD $10,000 prize
Tue, 28th May 2024
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fintech
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financial systems
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genai
MYOB invites tech students from Australia and New Zealand to compete for NZD $10,000 in the 10th annual Digital Challenge. Registrations now open.
Survey: millennials & men most targeted by financial fraud
Tue, 28th May 2024
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fintech
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online banking
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millennials
Millennials and men, particularly those aged 35-44, are most frequently targeted by financial fraud, reveals an Arbuthnot Latham survey.