Banking industry stories - Page 5

Software  as a service (SaaS) banking engine Mambu has been positioned as a challenger in Gartner’s 2019 Magic Quadrant for Global Retail Core Banking.

Digital-only banks and insurers will shape the future of financial services within Asia Pacific, according to new data released by Forrester this week.

APAC banks race to digitise as tech giants loom as major threats, says Temenos report.

TSB partnered with global banking software company Temenos to implement Temenos Infinity, a digital front office product that accelerates customer growth.

ThetaRay unveils V4.0 to bolster bank defences against cyber fraud with advanced AI analytics.

Sydney-based fintech firm Waddle has successfully completed a six-month pilot partnership with the Royal Bank of Scotland Group (RBS Group).

World's banks exposed as cyber 'Swiss cheese'—failing in basic GDPR tests.

ANZ's cover-up of ex-CEO Hisco's lavish life hurts bank culture, warns OneHQ's Cotton.

Liquid Group and CIMB Niaga partner to enable cross-border QR payment acceptance between Singapore and Indonesia.

Auckland-based AI firm Aider is partnering with Westpac NZ to offer conversational digital assistance to small and medium-sized enterprises.

The report studied attitudes of banking customers in Hong Kong, Australia, New Zealand, the Philippines and Taiwan.

ForgeRock leads as first IDM vendor to meet OpenID's FAPI standard, bolstering Open Banking security.

New research reveals that Australian bank customers rank data security as the issue that matters to them most.

Unisys study finds Filipino bank clients prioritize data security above all, trust banks most.

Spending on AI will hit close to US$36 billion with retail leading the way, followed by banking, according to IDC.

Financial services companies took 29 days to address a quarter of their vulnerabilities in coding, and 573 days to remediate all open vulnerabilities.

New Zealand's fintech sector has experienced significant growth, bringing in $220m worth of exports and expanding by 33% in the past year.

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.

Bitglass' 2018 Financial Breach Report reveals a significant increase in breaches, with three times as many reported compared to 2016.

SMEs at risk as global slowdown looms, despite being GDP pillars, requiring flexible support.

To limit the risk of being discovered, attackers operated outside of normal business hours and cashout operations were planned for weekends.

Asia/Pacific (excluding Japan) spending on blockchain solutions to reach US$2.1 billion in 2022, according to the latest IDC report.

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 has won the 2018 Asian Banker Risk Management Award for ‘Regulatory Technology Implementation of the Year’ award this week.