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NZ has a bright future in fintech
“We are seeing a real openness to open banking and a number of the banks have 20 or 30 collaborative Fintech projects on the go.”
Interview: Hitachi Vantara talks challenges of compliance in financial services
Technology is advancing a lot quicker, and the incumbent banks need to be more up to speed but are held back by a lot of legacy systems.
Financial services breaches nearly triple in two years - Bitglass
“Financial organisations regularly handle sensitive, regulated data like home addresses, bank statements and Social Security numbers.”
SMEs need support in volatile economic times, says Canstar
Canstar general manager Jose George says every SME needs to be both flexible and responsive.
Hackers using spearphishing to target banks –Bitdefender
To limit the risk of being discovered, attackers operated outside of normal business hours and cashout operations were planned for weekends.
IDC - APeJ blockchain spending ready to skyrocket
Asia/Pacific (excluding Japan) spending on blockchain solutions to reach US$2.1 billion in 2022, according to the latest IDC report.
NZ-UK fintech collaboration could shake up traditional finance sector
If New Zealand and the UK collaborated on fintech projects, what kinds of challenges would we face and how could regulations shape our activities?
ThetaRay scoops Asian Banker Risk Management Award
ThetaRay has won the 2018 Asian Banker Risk Management Award for ‘Regulatory Technology Implementation of the Year’ award this week.
Schneider Electric behind Papua New Guinea's new data center
The data center will support a cash distribution center that will be ready for business early next year.
Securing SWIFT networks vitally important for cyber attack prevention
Businesses that use the SWIFT network must comply with SWIFT’s Customer Security Programme (CSP) or face the risk of attacks.
Bank Negara Malaysia stops SWIFT fraud in its tracks
Falsified SWIFT messages were used to attempt unauthorized fund transfers, which were blocked through a collaborative effort.
$240m Singapore data center sets the bar high for energy efficiency & security
“As data centers generally consume large amounts of energy, we set ourselves a target – to obtain the highest Green Mark award from BCA."
ASB and Kiwi tech startup launch digital human to help SME clients
Josie was created by ASB in partnership with New Zealand technology company FaceMe.
Datacom expands fintech footprint with $20m deal
Finzsoft’s professional services team will move to Datacom, although customer contracts will remain with Finzsoft.
Pakistani telco inks data center hosting deal with nation's largest ATM network
“PTCL’s customer-centric strategy coupled with its modern & reliable network is the first choice for enterprises to avail one-window ICT solutions.”
More than the money: The future potential of blockchain
Blockchain is more than a buzzword thrown around in banking circles; it’s the future of distributed security.
Interview: zipMoney on disrupting the consumer credit market & that $40m Westpac investment
They knew that Australian consumers were unhappy with credit cards and other debt facilities - especially millennials.
How Australia leads mobile disruption of banking and financial services
Apps provide an opportunity to streamline services and offer added convenience to users. App Annie’s Jaede Tan offers tips on how to flourish in the
Lax mobile security attitudes put banking & finance sectors at risk
"There are many creative social engineering exploits that will fool even the most cautious financial executive."
John Key’s next big venture - ANZ gets a new chair & board member
“The National Bank and ANZ brands and technology systems were successfully merged in 2012 and the business has grown significantly.”
IBM announces global payments blockchain solution live in A/NZ, Pacific Islands & UK
The solution is run from the IBM Blockchain Platform on Hyperledger Fabric and was built in collaboration with Stellar.org.
Intel and BNZ use AI to detect money laundering
In 2016 alone, approximately 15.4 million consumers were victims of identity theft or fraud, resulting in $16 billion in losses.
Salesforce cloud tech helps banks fix customer loyalty problem
Over one-third of banking customers are “hidden defectors,” meaning they purchase products or services from a competitor of their primary bank.
Fintech disrupting international payments industry by ditching SWIFT network
InstaREM’s service differentiates itself in two ways: it’s transparent about the cost, and doesn’t take a cut of the money transferred as fees.