Banking stories - Page 1
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Australia ranks fourth globally in GenAI maturity & usage
3 days ago
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data privacy
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ai
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us
Australia ranks fourth globally in GenAI adoption, trailing only China, the UK, and the US, with 63% of local organisations embracing the technology.
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A third of Brits face banking tech issues, many may switch
4 days ago
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london
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banking
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customer satisfaction
A survey reveals a third of Brits faced tech glitches in banking last year, with 30% eyeing bank switches. Roq's Paul Darby stresses tech reliability.
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Global IT outage sparks chaos, calls for robust cybersecurity
5 days ago
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ai security
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cybersecurity
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broadcasting
A global IT outage triggered by Crowdstrike's software has disrupted sectors like aviation, banking, and retail, prompting experts to call for enhanced disaster recovery plans and heightened cybersecurity measures.
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Microsoft Azure outage causes global disruption across industries
Last week
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ai security
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cybersecurity
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outage
The Microsoft Azure outage, triggered by a faulty CrowdStrike update, disrupted banking, aviation, and healthcare globally, highlighting cybersecurity flaws.
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Global IT outages disrupt key sectors globally due to updates
Last week
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ransomware
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ai security
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acronis
Global IT outages caused by Microsoft and CrowdStrike updates disrupt key sectors, sparking urgent calls for improved cybersecurity practices.
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CrowdStrike security issue causes global Windows system failures
Last week
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soc
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ai security
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healthtech
CrowdStrike's Falcon sensor causes global Windows BSOD, hitting emergency, banking, and aviation sectors.
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Brands & AI gear up for Olympics spotlight & challenges
Last week
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cx
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martech
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hcm
Brands worldwide prepare to leverage the 2024 Summer Olympics' extensive visibility, with 41% of US adults poised to follow closely.
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NormCyber honoured as Fortinet’s Security Operations Partner
Last week
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firewalls
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siem
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cloud security
NormCyber crowned Fortinet's Security Operations Partner of the Year, solidifying its prowess in advanced cyber threat defence at the UK Partner Awards.
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Paymentology appoints Stephen Bowe as Chief Product Officer
This month
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saas
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payment technologies
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bnz
Paymentology has named Stephen Bowe as Chief Product Officer, leveraging his 15+ years of banking and payments expertise to advance next-gen payment solutions.
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OutSystems Developer Cloud earns SOC 2 attestation for security
Last month
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martech
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low-code
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data privacy
OutSystems secures SOC 2 attestation for its Developer Cloud, ensuring heightened security for mission-critical applications across highly regulated industries.
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McGrathNicol expands partnership with three new appointments
Last month
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advanced persistent threat protection
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risk & compliance
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data privacy
McGrathNicol has promoted Melissa Smith, Alex Morkos, and Mark Wroniak to its partnership, expanding to 55 partners. 11 directors were also promoted.
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Resistance to change stalls UK banks' tech modernisation
Last month
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modernisation
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cloud migration
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banking
A new report reveals a resistance to change and reliance on legacy technology are major hurdles to core banking modernisation, putting them at risk.
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Netsafe ramps up NZ's scam defences with new AI tools
Last month
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cryptocurrency
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blockchain
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telco
Netsafe relaunches Re:Scam.org with advanced AI to combat scammers, as NZ's annual scam costs hit NZD $2 billion.
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Global banking fraud to hit USD $48bn by 2029, says study
Last month
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fintechs
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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.
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Bendigo & Adelaide Bank embraces AI for tech modernisation
Last month
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ai
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modernisation
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financial institutions
Bendigo and Adelaide Bank pairs with MongoDB to modernise its core banking tech using MongoDB Atlas and generative AI, aiming to slash costs and boost innovation.
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Commonwealth Bank joins anti-scam network to bolster security
Last month
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email security
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telco
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social media
Commonwealth Bank of Australia joins a new anti-scam intelligence network to combat online fraud, in collaboration with AFCX and NASC, enhancing digital security.
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UK SMEs eye global expansion despite banking challenges
Last month
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fintechs
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regulation
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brexit
A new report by IFX Payments reveals that 78% of UK SMEs are set to expand globally despite facing challenges from ring-fencing regulations and Brexit.
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Australian customer experience quality stagnates or declines
Last month
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martech
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cx
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ai
Forrester's report reveals that customer experience quality in Australia has stagnated or declined since 2020, with banks and government sectors hit hardest.
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HID integrates U.ARE.U camera system with Amazon Rekognition
Last month
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hyperscale
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biometrics
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public cloud
HID integrates its U.ARE.U Camera Identification System with Amazon Rekognition, enhancing facial analysis and verification for self-service and POS environments.
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Digital trust underfunded despite its growing importance
Last month
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digital transformation
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it training
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cx
A new ISACA report reveals organisations worldwide recognise the rising importance of digital trust but substantially underfund initiatives.