CFOtech Australia - Technology news for CFOs & financial decision-makers

Bank security stories

British bank building secure steel shield digital id icons fingerprint facial silhouette financial security fraud prevention

Fraud protection now a top priority for UK bank customers

Last month
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bank security
A FICO survey reveals 70% of UK consumers rank fraud protection as a top priority when choosing banks, reflecting rising security concerns.
Realistic australian bank building with oversized fingerprint scanner with hand hovering biometric identification

The race to biometric banking is on - which Australian bank will be first

Thu, 7th Aug 2025
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bank security
Australian banks are racing to fully adopt biometric banking, offering enhanced security and convenience through facial recognition and fingerprint technology.
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Exclusive: How Semperis is tackling identity-based cyber threats in APJ region

Mon, 16th Dec 2024
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bank security
As identity-based cyber threats surge, Semperis aims to bolster security in the APJ region, focusing on protecting vital systems like Active Directory.
Online shopping

Growth of digital payments set to cost Australian banks US$3 billion

Tue, 11th Feb 2020
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bank security
Digital payments growth and non-bank competition could displace US$3 billion of Australian banks' revenue, says Accenture, as payment methods evolve.
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Australian banking and securities IT spend to reach $18.5 billion

Tue, 29th Oct 2019
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bank security
Australian banking and securities IT spending is set to grow 5.2% in 2020, driven by investments in BI, analytics, and RPA, says Gartner.
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Citi Global Trade uses AI to digitise compliance

Wed, 1st May 2019
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bank security
Citi, partnering with EY and SAS, launches the AI-powered NextGen project to digitise global trade compliance, aiming to streamline and optimise processes.
Au dollar

Automated technology could save financial institutions nearly $10 million a year

Wed, 3rd Oct 2018
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bank security
Pitney Bowes launches Spectrum Screener, a solution for financial service providers to improve identity verification and achieve regulatory compliance.
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Capgemini says banks & insurers must deal in 'currency of trust' for data security

Mon, 13th Feb 2017
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bank security
Banks and financial insurers may still be seen as trustworthy by customers but the story from inside the industry is very different.
Burglar stealing money

Fighting bank fraud and improving the customer experience: Can they work together?

Wed, 27th Apr 2016
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bank security
Decreasing the risk of bank fraud and improving the customer experience are both based on knowing the customer - can they work together?.
Trojan

Banking Trojans plummet 73% – but don’t get comfortable

Wed, 30th Mar 2016
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bank security
Financial Trojans targeting online banking services dropped 73% last year, but Symantec is warning that Trojans are still thriving - and profitable.
Eftpos security

Digital banking: Balancing security & convenience – without getting creepy!

Tue, 2nd Feb 2016
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bank security
Banks are constantly adopting new and innovative technologies, but what is the impact on security? Can personalisation become creepy?.