Digital Banking stories - Page 4
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.
Australian firms hindered by internal comms in tackling cyber threats
Mon, 6th May 2024
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fintech
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application security
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financial systems
Poor internal communication and a disconnect between security teams and C-suite executives are leaving Australian businesses vulnerable to cyber threats, a Dynatrace survey reveals.
Dubai fintech Fils & Pakistan's TPS partner for green banking initiative
Mon, 6th May 2024
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fintech
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cleantech
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asia
Dubai's climate fintech Fils partners with Pakistan's TPS to integrate sustainability infrastructure, enabling institutions across Asia to monitor their carbon emissions and buy top-tier carbon credits.
Volopa integrates with Microsoft Dynamics 365 bolstering finance tools
Mon, 6th May 2024
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fintech
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financial systems
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expense management
Payments provider Volopa collaborates with Microsoft Dynamics 365, enhancing its expense management tools, building on partnerships earlier this year with ClearBank and Yapily.
Outpayce, Amadeus's fintech, receives Spanish e-money licence
Mon, 6th May 2024
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fintech
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online banking
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microsoft
Outpayce, fintech arm of Amadeus, is licensed by the Bank of Spain to offer regulated payment services and issue prepaid virtual cards, consolidating its position in Spain's e-money market.
Australian firms see customer rates hit by increasing fraud
Thu, 2nd May 2024
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fintech
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ai
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fraud
LexisNexis Risk Solutions' study reveals 80% of Australian firms recognise fraud significantly impacting customer conversion rates.
MYOB updates platform for easier SMB user experience
Thu, 2nd May 2024
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fintech
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financial systems
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myob
MYOB has updated its business management platform to simplify navigation for small-to-medium businesses, enhancing usability.
Australian firms struggle to understand CISO role, says Fastly
Thu, 2nd May 2024
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fintech
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financial systems
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cybersecurity
A recent survey by Fastly reveals 81% of Australian businesses have a CISO role, but there remains significant confusion around the role's responsibilities and value.
New Relic report uncovers ongoing trends in Java adoption
Wed, 1st May 2024
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encryption
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fintech
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martech
New Relic's fourth annual State of the Java Ecosystem report reveals latest trends in Java development and adoption, highlighting significant growth in Java 21's uptake and shifts in preferred Java Developer Kits.
Australian firms at risk due to evolving cybercriminal sophistication
Wed, 1st May 2024
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fintech
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biometrics
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physical security
Growing sophistication of cybercriminal identities threatens Australian enterprises, as only over one-third implement multi-factor authentication, leaving them vulnerable to AI-driven attacks, reports Ping Identity.
Aussies sceptical about AI banking, prefers human interaction - study
Wed, 1st May 2024
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financial systems
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fintech
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online banking
Despite a surge in digital banking, 58% of Australians remain uncertain about AI-enhanced services due to job loss fears, data security concerns, and a preference for human interaction, says a Publicis Sapient study.
Australians largely in the dark about Open Banking, Waave study reveals
Wed, 1st May 2024
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fintech
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financial systems
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payment technologies
Despite the introduction of Consumer Data Right (CDR) five years ago, 68% of Australians remain unaware of the Open Banking concept, according to a survey by payment tech company, Waave.
AI disruption triggers change in data analytics in 61% of organisations
Wed, 1st May 2024
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data analytics
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fintech
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financial systems
AI-driven disruption induces pivotal alterations within data and analytics operations across 61% of businesses, as revealed by Gartner's global CDAO survey.
Xero invests USD $25m in Deputy for seamless business management solution
Wed, 1st May 2024
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fintech
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financial systems
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investment
In a strategic partnership, small business platform Xero invests USD $25 million in shift work platform Deputy to offer comprehensive business solutions, integrating the companies' accounting, payroll, and workforce management systems.
C-suite executives concerned over company's anti-money laundering processes
Thu, 25th Apr 2024
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fintech
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financial systems
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risk & compliance
Despite budget cuts, a new survey reveals worries among UK c-suite executives over their firms' anti-money laundering procedures, with 49% partially confident in their compliance.
Survey reveals internet chaos could hinder transition to Web 3.0
Thu, 25th Apr 2024
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fintech
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financial systems
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ar, vr & metaverse
On its 31st anniversary, concerns plague the World Wide Web's transition to Web 3.0 and the metaverse, with businesses citing chaotic internet conditions as a key barrier.
Nearly half of Australian SMEs project dip in turnover
Thu, 25th Apr 2024
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fintech
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financial systems
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investment
Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.
New Zealand small businesses show job growth, sales lag behind
Wed, 24th Apr 2024
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fintech
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financial systems
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accounting systems
New Zealand's small businesses reported 7% year-on-year job growth in the March quarter, surpassing the long-term average of 3%.
Waave launches biometrically secured Waave Wallet in Australia
Tue, 23rd Apr 2024
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biometrics
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fintech
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cybersecurity
Waave launches Waave Wallet, a novel payment method using biometric security and real-time account transfer; a move to tackle cyber breaches and reduce Australia's AU$3 billion in annual merchant fees.
New tech adoption hindered in multi-generational UK workforces, survey finds
Tue, 23rd Apr 2024
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fintech
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financial systems
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millennials
UK business leaders are meeting resistance to new technology across all generational workforces, reveals a survey by Seismic, a global enablement tech provider.
A beginners guide to attending Xerocon London
Tue, 23rd Apr 2024
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fintech
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financial systems
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instagram
Xerocon London's first-timers' guide provides essential insights to prepare for the thrilling atmosphere of the event, which will alter one's perspective on accounting.