SecurityBrief Asia - Technology news for CISOs & cybersecurity decision-makers

Banking industry stories - Page 2

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Banks, PSPs prioritising payment modernisation to compete
Fri, 17th Jun 2022
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commerce systems
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martech
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payment gateways
A new report gives payment providers a forward-looking view of the evolution of payments and investment drivers for modernisation.
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Australians re-examining spending fees and charges
Wed, 15th Jun 2022
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digital banking
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finance, leasing & rental
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cios
The majority of Australians are beginning to examine fees more closely. Unfortunately, no transaction is completely and always ‘free’.
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DataRobot AI solution for CIMB Bank recognised at Asset Triple A Digital Awards
Thu, 9th Jun 2022
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finance, leasing & rental
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ml
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rpa
CIMB Bank Berhad wins Best Financial AI Project in Malaysia at The Asset Triple A Digital Awards 2022 with its AI platform developed by DataRobot.
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Why personalised CX will pay off for Asia’s banks
Thu, 2nd Jun 2022
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crm
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fintech
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cloud services
In just a few years, well-funded fintech firms, mobile wallets, trading apps and digital-only banks have revolutionised the centuries-old banking industry.
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Gartner reveals top three tech trends for banks this year
Wed, 25th May 2022
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ai
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cios
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privacy
Gartner says generative artificial intelligence, autonomic systems and privacy-enhancing computation are gaining traction in banking and investment services.
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NICE CXone platform integration implemented with Regional Bank Australia
Mon, 9th May 2022
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bi
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big data
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voip
NICE's CXone platform is successfully implemented by Regional Bank Australia, streamlining contact centre operations and supporting branches.
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More solutions updates and developments from Xero announced
Thu, 5th May 2022
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cloud services
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accounting systems
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finance, leasing & rental
Xero has announced new solutions, features, and updates for May, as well as developments in Australia and New Zealand markets.
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Australian small business unsatisfied with traditional banks
Tue, 3rd May 2022
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banking industry
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covid-19
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smb
Traditional banks in Australia are at risk of losing SME business to non-traditional competitors, according to new research by RFI Global for FICO.
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Incumbent banks must embrace data-centric capabilities
Fri, 29th Apr 2022
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fintech
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martech
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omnichannel
Retail banks are lagging in their ability to offer true omnichannel experiences, as customers pivot to competitors that offer more personalised experiences.
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Majority of banks paid ransom for cyberattacks last year
Tue, 26th Apr 2022
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virtualisation
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it automation
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apac
VMware's most recent report finds 74% of businesses experienced one or more ransomware attacks in the last year, with 63% deciding to pay the ransom.
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Malicious Android apps targeting Malaysian bank customers
Fri, 8th Apr 2022
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smartphones
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technology gifts
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cybersecurity
Researchers at cyber security firm ESET have analysed three malicious Android applications targeting customers of eight Malaysian banks.
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Fintech expert urges caution when it comes to online banking details
Thu, 7th Apr 2022
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big data
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data analytics
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bi
Consumers must be cautious when sharing online banking details with third-party businesses, warns fintech expert Jill Berry.
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Big four branch closures see shift in fintech market for regional businesses
Tue, 29th Mar 2022
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finance, leasing & rental
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martech
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fintech
A new report by Zeller has revealed that the majority of regional businesses in Australia have been impacted as a result of branch closures by the big four.
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Open finance set to benefit New Zealand consumers - report
Mon, 28th Mar 2022
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fintech
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finance, leasing & rental
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insurance
Open finance is expected to become the standard for consumers' financial welfare and empowerment, according to an Aotearoa fintech research report.
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GPS and Mastercard help fintechs disrupt traditional banking
Thu, 24th Mar 2022
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fintech
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pos
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martech
GPS, the global payment technology platform catering to a variety of fintechs, has announced a new strategic partnership with Mastercard.
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Check Point reveals cybersecurity challenges for banks, data centers and trading platforms
Tue, 15th Mar 2022
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colocation
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malware
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cybersecurity
As the cyber threat landscape evolves and becomes more dangerous every year, protecting IT infrastructure will only become more challenging.
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Bitcoin ATMs becoming more mainstream, increasing by 4,200% worldwide
Fri, 11th Mar 2022
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cryptocurrency
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blockchain
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bitcoin
Bankless Times has recently carried out research that highlights an increase of 4200% in global Bitcoin ATMs in the past six years.
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The fintech fraud epidemic: Banks aren’t getting worse, fraudsters are just getting better
Fri, 4th Mar 2022
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fintech
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martech
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commerce systems
Fintech fraud is on the rise, exacerbated by the global pandemic. Traditional fraud prevention methods are no longer effective.
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Mobile threats: Cybercriminals target banking and gaming
Wed, 2nd Mar 2022
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gaming
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endpoint protection
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technology gifts
Cybercriminals are forgoing low hanging fruit to target banking and gaming, according to a new mobile threat report from Kaspersky.
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Forrester reports on how digital technology is changing how we bank
Mon, 28th Feb 2022
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sustainable it
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digital transformation
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forrester research
Digital banking is transforming the industry as new customers join, contactless payments surge, and challenger banks rise, says Forrester.
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NZ banking sector should brace itself for watershed year in 2022
Wed, 16th Feb 2022
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accenture
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banking industry
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it transformation
This year is set to be a defining year for the banking industry as it enters a period of unprecedented transformation.
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Westpac enters strategic partnership with Microsoft
Fri, 11th Feb 2022
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cloud services
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microsoft
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public cloud
The partnership includes increased investment in Microsoft’s cloud computing service, Azure, which will help to modernise Westpac.
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Kiwibank strikes up partnership with ACI Worldwide
Wed, 9th Feb 2022
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saas
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microsoft
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martech
The agreement will see ACI provide and run Kiwibank's newly installed, full capability Payment Hub: a SaaS solution hosted in the Microsoft Azure cloud.
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Backbase appoints new VP of tech in Asia Pacific region
Wed, 9th Feb 2022
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banking industry
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backbase
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executive interview
Backbase appoints Chris Vanden Berghe as regional VP of technology for Asia Pacific to drive product development and expansion.