Digital Banking stories - Page 2
Cloud & Digital Banking solutions allow banks, credit unions and financial institutions to host computing services via the Internet, which helps them to be more efficient and reactive. Types of services include data storage, servers, or communication and networking as well.
Banking institutions deliver tools and solutions such as payment gateways, digital wallets, and secure online payments. The major strength of cloud banking comes from the private cloud used to manage these solutions, which increases the reliability and the flexibility of it.
Banking institutions deliver tools and solutions such as payment gateways, digital wallets, and secure online payments. The major strength of cloud banking comes from the private cloud used to manage these solutions, which increases the reliability and the flexibility of it.
BigCommerce partners with Ecommpay to enhance payment solutions
Last month
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fintechs
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martech
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commerce systems
Ecommpay partners with BigCommerce to deliver advanced payment solutions across the UK and EMEA, minimising costs and boosting efficiency for merchants.
BioCatch report underscores evolving fraud landscape in APAC
Last month
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endpoint protection
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fintechs
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email security
BioCatch's latest report on APAC digital banking fraud trends reveals a 70% rise in mobile app fraud and a dramatic 108% surge in voice scams, alongside a notable decline in fraud losses in Australia.
Open Banking in Australia sees rapid growth in consumer adoption
Last month
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fintechs
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martech
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commerce systems
The fourth edition of FinTech Australia's Open Banking Ecosystem Map shows a 165% rise in Consumer Data Right adoption, supported by Mastercard.
Survey reveals burnout crisis among Australian knowledge workers
Last month
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edutech
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fintechs
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financial systems
A UiPath-commissioned survey reveals 82% of Australian knowledge workers feel burnt out, with a third extremely so, citing heavy workloads and lack of AI tools as key stressors.
New survey reveals challenges facing business travel in 2024
Last month
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fintechs
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financial systems
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cleantech
SAP Concur's survey reveals key business travel challenges for 2024 include disruption, safety, sustainability, and unequal opportunities.
Zyxel Networks' firewall solutions win top PUR survey accolade
Last month
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fintechs
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firewalls
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financial systems
Zyxel Networks' firewall solutions have topped the latest Professional User Ratings survey by techconsult, winning Champion status for superior security, user-friendliness, and reliability among SMBs.
Global banking fraud to hit USD $48bn by 2029, says study
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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.
Less than half of UK firms use GenAI despite recognised benefits
Last month
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fintechs
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it training
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financial systems
UiPath’s Global Knowledge Worker Survey reveals that only 47% of UK businesses are utilising GenAI tools. Meanwhile, 28% of workers are experiencing burnout, highlighting a need for better AI training and support.
AI adoption among Australian SMEs to surge by 2026, survey finds
Last month
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fintechs
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financial systems
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ai
A survey by Small Business Loans Australia reveals 25% of SMEs are using AI, with 60% planning adoption by 2026. NSW leads, while medium-sized businesses show the highest uptake.
Xero unveils AI companion JAX to enhance accounting accuracy
Last month
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fintechs
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financial systems
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ai
Xero has revealed its AI-powered business companion, Just Ask Xero (JAX), to boost accuracy in accounting tasks, launching a beta in August.
Xero introduces AI tool JAX to boost accounting accuracy
Last month
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fintechs
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financial systems
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ai
Xero has unveiled JAX, a new AI-powered smart business companion, at Xerocon London, promising enhanced accuracy in accounting tasks for small businesses.
Australian executives predict AI-driven business growth in 2024
Last month
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fintechs
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advanced persistent threat protection
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financial systems
A new survey by OpenText Cybersecurity reveals that 92.5% of Australian executives in MSPs and MSSPs foresee significant business growth driven by AI investments in the next year.
Bank partners with Newgen Software to digitise onboarding
Last month
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fintechs
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cx
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martech
Centennial Bank partners with Newgen Software to digitise onboarding, enhancing customer experience with a streamlined, low-code automation solution.
Finance professionals lead in AI adoption, report reveals
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cryptocurrency
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fintechs
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blockchain
Finance professionals lead AI adoption, with 63% utilising it for fraud detection and risk management. Marketing and sales show lower usage at 27% and 19%.
OpenPayd's annual recurring revenue tops GBP £40 million
Last month
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fintechs
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cx
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digital transformation
OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.
Xero revamps subscription plans for NZ business customers
Last month
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migration
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fintechs
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financial systems
Xero will debut new business subscription plans in NZ from 12 September 2024 to streamline accounting services and integrate key features directly.
Jio launches 'JioFinance' app to revolutionise digital banking
Last month
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digital transformation
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fintechs
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payment technologies
Jio Financial Services launches the 'JioFinance' app beta, aiming to revolutionise digital banking and financial activities for Indian citizens.
Trustly reports robust growth with US$58 billion in transactions
Thu, 30th May 2024
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fintechs
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m&a
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blackrock
Trustly’s 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.
US consumers spend USD $331.6 billion online in first quarter 2024
Thu, 30th May 2024
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data analytics
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fintechs
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martech
US consumers spent USD $331.6 billion online in Q1 2024, with groceries, electronics, and apparel driving growth, Adobe Analytics reveals.
The three trends supporting fintech growth in Australia
Thu, 30th May 2024
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smartphones
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data analytics
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fintechs
Australia’s fintech sector, powered by innovation, technology, and government backing, has surged from AUD $250 million in 2015 to AUD $45 billion in 2023.