TelcoNews UK - Telecommunications news for ICT decision-makers

Digital Banking stories - Page 6

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.
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New Zealand SMEs explore alternative funding amid economic strain
Thu, 21st Mar 2024
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online banking
Economic stress leads 81% of NZ's SMEs to express concern over securing funds, forcing them to explore alternative finance methods.
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P&N Group adopts nCino banking solution to boost operational efficiency
Thu, 21st Mar 2024
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P&N Group boosts operational efficiency in business banking by implementing nCino's commercial banking solution, setting a new standard for customer experience and innovation.
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UK consumers favour comfort over fleeting fashion, survey shows
Fri, 15th Mar 2024
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A new survey by Blakely Clothing shows UK shoppers, aged 18 to 35, are veering away from fleeting fashion trends, favouring quality, comfort, and longevity in their clothing choices.
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Australian mortgage brokers pivot towards Open Banking
Thu, 14th Mar 2024
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digital age
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cloud services
Australian mortgage broking industry pivots towards Open Banking, with the number of brokers using NextGen's solution tripling, amid potential legislative changes.
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Bank Muamalat targets digital leadership with Google Cloud partnership
Wed, 13th Mar 2024
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fintech
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digital transformation
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software development
Bank Muamalat Malaysia reveals major digital transformation with Google Cloud and Trinitium, adopting a fully cloud-based model to provide personalised, digital Islamic banking services.
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PPRO bolsters leadership with new legal & compliance appointments
Mon, 11th Mar 2024
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fintech
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open banking
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fraud
PPRO has bolstered its leadership, appointing Selene Brett as Chief Legal, Risk and Compliance Officer, and Marc Kuzak and Massimiliano Conte as Legal and Compliance Director respectively to bolster governance.
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Payhawk to boost London workforce by 44% following revenue spike
Fri, 8th Mar 2024
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UK fintech company Payhawk aims to expand its London team by 44% following a successful year and the acquisition of its UK EMI Licence.
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IWD 2024: Artificial Intelligence for hospitality: Think. Start. Do.
Thu, 7th Mar 2024
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financial systems
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rpa
UK hospitality industry can optimally utilise AI for revenue management, marketing and account handling, provided they process clean, ample data, industry insiders advise.
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Dvara Money & Jana SFB partnership to boost digital banking in Bharat
Wed, 6th Mar 2024
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fintech
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digital banking
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transactions
Dvara Money's tech-savvy union with Jana Small Finance Bank promises to propel digital banking in Bharat, optimising customer experiences through an integrated UPI solution.
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Avenue Bank gets full licence, revolutionising Australia's bank guarantee market
Mon, 4th Mar 2024
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digital banking
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australian prudential regulation authority
Australia's newest bank, Avenue Bank, revolutionises the bank guarantee market by digitising traditionally lengthy processes, benefiting landlords and small to medium-sized businesses.
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BlackLine's modern accounting solution welcomes 1,000th customer
Thu, 29th Feb 2024
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digital transformation
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financial systems
BlackLine's Modern Accounting Playbook achieves the 1,000 customer milestone, attesting its swift implementation and effectiveness in streamlining corporate accounting operations in a few as five days.
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Xero reveals AI vision & GenAI-powered business assistant JAX
Thu, 29th Feb 2024
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martech
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commerce systems
Xero unveils AI vision and previews GenAI-powered business assistant, JAX, aiming to revolutionise accounting for small-scale businesses by automating tasks and delivering tailored insights.
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MYOB extends partnership with Stripe to tackle cash flow issues
Wed, 28th Feb 2024
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martech
MYOB expands partnership with global financial platform Stripe to streamline invoice payment and ease cash flow difficulties for Australian and New Zealand businesses.
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Griffin, UK bank, opens applications for early access fintech programme
Mon, 26th Feb 2024
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digital banking
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applications
UK licensed bank, Griffin, has opened applications for their early access programme, Foundations, which provides a full-stack Banking as a Service (BaaS) platform.
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Employment Hero boosts SME support with Google & Microsoft integrations
Fri, 23rd Feb 2024
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financial systems
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xero
In a bid to streamline the hiring process for SMEs, Australian platform Employment Hero is expanding its capabilities through new integrations with Google Workspace and Microsoft 365.
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VHS’ triple threat - crypto, blockchain, and cloud ERP
Thu, 22nd Feb 2024
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cryptocurrency
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blockchain
Australian gaming company, VHS, pioneers a successful approach, integrating crypto, blockchain and cloud ERP in a virtual horse racing platform.
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Outgrown Xero? The signs it’s time to upgrade to a cloud ERP
Thu, 22nd Feb 2024
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financial systems
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erp
As businesses expand, basic accounting systems like Xero can limit growth. For more complex needs, businesses should consider transitioning to a flexible cloud ERP.
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Australians see AI as crucial for future business decisions
Thu, 22nd Feb 2024
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data analytics
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Nearly two-thirds of Australian professionals believe that AI will play a pivotal role in future business decisions and overcoming project management challenges, a GetApp survey reveals.
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NextGen's digital services speed up home loan approvals in Australia
Wed, 21st Feb 2024
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digital banking
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NextGen's digital lending technology, specifically its Verification of Identity service, NextGenID, boosts home loan approval efficiency, reducing approval times by 25% on the ApplyOnline platform.
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Xero & Sumday partnership empowers global carbon accounting
Wed, 21st Feb 2024
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financial systems
Xero teams up with Sumday to enable accountants to manage carbon accounting for their clients, advancing the journey towards net-zero emissions for small businesses worldwide.