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

Banking Stories - Page 51

Australian Stories

Banking stories

The three trends supporting fintech growth in Australia
Data Analytics

The three trends supporting fintech growth in Australia

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.

By Annexa • 5 min read • Thu, 30th May 2024
Generative AI could boost Australia's economy by USD $269 billion
Generative AI

Generative AI could boost Australia's economy by USD $269 billion

New research by Accenture shows generative AI could boost Australia's economy by USD $269 billion by 2038, adding 0.75% to annual GDP growth.

By Sean Mitchell • 3 min read • Thu, 23rd May 2024
Cyber attacks impact 60% of mid-sized Australian businesses
Fintech

Cyber attacks impact 60% of mid-sized Australian businesses

A MYOB survey reveals that three in five mid-sized Australian businesses have faced cyber attacks, with the highest rates in finance and insurance sectors.

By Shannon Williams • 3 min read • Wed, 22nd May 2024
Australia leads Asia Pacific in AI innovation & growth
DataCentre infrastructure

Australia leads Asia Pacific in AI innovation & growth

Australia's AI innovation surpasses Asia Pacific, buoyed by strong tech infrastructure and initiatives like the brain-scale supercomputer DeepSouth.

By Sean Mitchell • 3 min read • Tue, 21st May 2024

Global Stories

Banking stories

First AML & Armalytix join forces to elevate AML processes
Fintech

First AML & Armalytix join forces to elevate AML processes

First AML has partnered with Open Banking tech platform Armalytix to boost Source of Funds and Source of Wealth capabilities for large conveyancing firms.

By Kaleah Salmon • 3 min read • Thu, 30th May 2024
Pattern study reveals trust gap in Australian online shopping
Fintech

Pattern study reveals trust gap in Australian online shopping

Australian shoppers trust Amazon far more than emerging rivals Temu and Shein, reveals a Pattern study. Only 7% vouch for Temu's product quality.

By Sean Mitchell • 3 min read • Tue, 28th May 2024
MYOB Digital Challenge opens registrations with NZD $10,000 prize
Fintech

MYOB Digital Challenge opens registrations with NZD $10,000 prize

MYOB invites tech students from Australia and New Zealand to compete for NZD $10,000 in the 10th annual Digital Challenge. Registrations now open.

By Kaleah Salmon • 3 min read • Tue, 28th May 2024
Generative AI could boost Asia-Pacific economy by $4.5 trillion
EduTech

Generative AI could boost Asia-Pacific economy by $4.5 trillion

New Accenture research suggests responsible AI adoption could boost APAC's economy by $4.5 trillion in 15 years, elevating GDP growth by 0.7 percentage points annually.

By Catherine Knowles • 3 min read • Fri, 24th May 2024
Surviving digital Darwinism by levelling up to a cloud ERP
DevOps

Surviving digital Darwinism by levelling up to a cloud ERP

In the age of digital Darwinism, businesses must adapt swiftly. Transitioning to a cloud ERP system like NetSuite offers scalability, integration, and industry-specific solutions vital for growth.

By Annexa • 5 min read • Thu, 23rd May 2024
Unified communications market to expand to USD $187.6 billion by 2031
Unified Communications

Unified communications market to expand to USD $187.6 billion by 2031

New research reveals the global unified communications market will soar from USD $48.1B in 2021 to USD $187.6B by 2031, driven by digital transformation and remote work trends.

By Kaleah Salmon • 3 min read • Tue, 21st May 2024
GoCardless appoints Jolawn Victor as Chief Growth Officer
Fintech

GoCardless appoints Jolawn Victor as Chief Growth Officer

GoCardless has appointed Jolawn Victor as Chief Growth Officer, leveraging her vast experience in tech and growth marketing to support its global expansion.

By Imee Dequito • 3 min read • Wed, 15th May 2024

Stories from Other Regions

Banking stories

Cogo partners with Terra Nova to launch carbon tracking
Unified Communications

Cogo partners with Terra Nova to launch carbon tracking

Cogo and Terra Nova Foundation unveil Earth+ programme in New Zealand to help not-for-profits in Canterbury and Nelson.

By Melania Watson • 3 min read • Wed, 29th May 2024
Survey: millennials & men most targeted by financial fraud
Fintech

Survey: millennials & men most targeted by financial fraud

Millennials and men, particularly those aged 35-44, are most frequently targeted by financial fraud, reveals an Arbuthnot Latham survey.

By Kaleah Salmon • 3 min read • Tue, 28th May 2024
Trustly's Azura checkout boosts user spending & conversions
Data Protection

Trustly's Azura checkout boosts user spending & conversions

Trustly's Azura checkout technology has transformed consumer payment habits across Europe, boosting spending, frequency, transaction speed, and conversion rates.

By Catherine Knowles • 3 min read • Fri, 24th May 2024
NormCyber earns Microsoft specialisation for threat protection
Cloud Security

NormCyber earns Microsoft specialisation for threat protection

NormCyber earns prestigious Microsoft Threat Protection specialisation, demonstrating its expertise in deploying advanced cyber security solutions and solidifying its status as a top-tier Microsoft Security Solutions Partner.

By Sean Mitchell • 2 min read • Fri, 17th May 2024
Paymentology & Audax partner to revolutionise card services
Fintech

Paymentology & Audax partner to revolutionise card services

Paymentology and Audax join forces to deliver an innovative Cards-as-a-Service solution, simplifying and speeding up card programme launches for banks and FIs in Southeast Asia and the Middle East.

By Catherine Knowles • 3 min read • Thu, 16th May 2024
AI talent in banking sees significant growth, report reveals
Artificial Intelligence

AI talent in banking sees significant growth, report reveals

AI-driven roles in US and European banks show robust growth, doubling overall headcount growth despite job cuts, according to Evident report.

By Shannon Williams • 3 min read • Wed, 15th May 2024