Bank security stories
Internet banking
Growth of digital payments set to cost Australian banks US$3 billion
February 2020
Banks must change their business models to avoid massive shortfall in the next five years.
Cybersecurity
Australian banking and securities IT spend to reach $18.5 billion
October 2019
“The banking and securities industry continues to spend in pursuit of digitalisation, whether through digital business optimisation or transformation."
Compliance
Citi Global Trade uses AI to digitise compliance
May 2019
“This solution assists in managing and comparing a large number of data points across current and prior transactions."
Cloud
Automated technology could save financial institutions nearly $10 million a year
October 2018
“We’re removing some compliance complexity for our clients and offering the peace of mind that then allows them to focus on investigations that pose a real threat.”
Data Protection
Capgemini says banks & insurers must deal in 'currency of trust' for data security
February 2017
Banks and financial insurers may still be seen as trustworthy by customers but the story from inside the industry is very different.
Cybersecurity
Fighting bank fraud and improving the customer experience: Can they work together?
April 2016
Decreasing the risk of bank fraud and improving the customer experience are both based on knowing the customer - can they work together?
Symantec
Banking Trojans plummet 73% – but don’t get comfortable
March 2016
Financial Trojans targeting online banking services dropped 73% last year, but Symantec is warning that Trojans are still thriving - and profitable.
IOT
Digital banking: Balancing security & convenience – without getting creepy!
February 2016
Banks are constantly adopting new and innovative technologies, but what is the impact on security? Can personalisation become creepy?