Technology news for Australian CFOs and financial decision-makers
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Trend Micro brings AWS-powered banking solution to Australia
“Our collaboration with AWS allows us to deliver scalable security that removes friction from procurement, the devops lifecycle, and day-to-day operations.”
Report: 63% of APAC customers willing to switch to neobanks
Data from the IDC report shows that the rise of digital banking can be partially attributed to the conservative view of the value chain maintained by many traditional banks – leaving them unable to take advantage of potential ecosystem partners.
Growth of digital payments set to cost Australian banks US$3 billion
Banks must change their business models to avoid massive shortfall in the next five years.
Kiwibank to stop accepting cheques
Kiwibank will no longer accept cheques as cheque use declined and customers moved to faster, safer and cheaper ways to pay and get paid.
Sydney fintech firm impresses Royal Bank of Scotland Group
Sydney-based fintech firm Waddle has successfully completed a six-month pilot partnership with the Royal Bank of Scotland Group (RBS Group).
Global banks fail to keep up with application security
One bank had an unpatched vulnerability that has existed since at least 2011.
ANZ hurting after former CEO’s life of excess at the bank's expense
ANZ did the right thing by going public about former CEO David Hisco's life of excess, but management's attempts to downplay his misconduct will only worsen the damage to the bank’s internal culture.
Liquid & CIMB Niaga to support QRIS for cross-border transactions
"We believe that this initiative will greatly benefit our customers who can enjoy the ease of transacting abroad, starting with Singapore's Changi Airport."
NAB apologises after nationwide systems outage
The bank experienced major connectivity issues leaving many customers unable to access their money.
Why banks need to show more initiative in tackling cyber fraud
Why financial institutions need to combat the increasingly complex and intelligent threat landscape with a holistic security approach.
Bank South Pacific taps Oracle to lead digital transformation project
The bank is implementing Oracle’s FLEXCUBE solution and its Digital Banking Experience product in an effort to drive customer service innovation.
Flexenclosure cashes in on €10m loan for data centre innovation
The loan was granted by the European Investment Bank and backed by the European Fund for Strategic Investments to create opportunities in the region.
Fujitsu launches blockchain money transfer service with major Japanese banks
The trial will begin in January 2018 and last for about three months...
Teachers Mutual Bank agreement fuels digital transformation journey
The collaboration will help TMB complete their wider digital strategy and is motivated by the demand for an omni-channel, mobile-first experience.
Mike Smith returns to IBM following 17 years in the ICT industry
“I can see huge opportunities for IBM to bring global technology and expertise to solve real problems for New Zealanders.”
The key to success for financial services organisations
“The best place to start is with a real-time employee engagement platform so that action plans are developed and delivered,"