Technology news for Australian CFOs and financial decision-makers
Financial services organisations
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Forrester report: Digital banks gain the edge on traditional players
Digital-only banks and insurers will shape the future of financial services within Asia Pacific, according to new data released by Forrester this week.
Online lending marketplace Harmoney records first profit of $7.2m
This is in comparison to the four-year-old company’s $1.8 million loss last year.
Wandera reports on the state of mobile security in financial services
“In the financial services industry, as in many sectors, the security of client information is the most important asset."
Equinix puts US$77m into expanding data centres in Hong Kong
“Hong Kong is a key gateway to mainland China and home to many headquarters of global corporations. This generates substantial demand for secure data center services to support business expansion in the region."
Hitachi and Virtusa look to advance AI in financial services
"Financial services companies need to implement emerging technologies like AI to stay competitive, identify new clients, and serve new markets."
Why the financial services industry is rapidly embracing hybrid cloud
Like other industries, the financial services sector cites security and compliance as the top factor in deciding where to run its workloads.
46% of financial organisations operating traditional data centres
Much has been said of its future prominence, but in no other industry is hybrid IT more prevalent now than in the financial services industry.
573 days: Financial sector slow to fix vulnerabilities
Financial services companies took 29 days to address a quarter of their vulnerabilities in coding, and 573 days to remediate all open vulnerabilities.
APRA Prudential Standard CPS 234: How to communicate with the board
The Australian Prudential Regulation Authority’s standard, CPS 234, is aimed at minimising the threat of cyber attacks for APRA-regulated entities.
Interview: Hitachi Vantara talks challenges of compliance in financial services
Technology is advancing a lot quicker, and the incumbent banks need to be more up to speed but are held back by a lot of legacy systems.
Why CMC Markets is backing a young Kiwi motorsport star
Online trading platform CNC markets is sponsoring a young motorsport racing driver who’s about to put pedal to the medal in the 2018-19 Toyota 86 Championship season.
Financial services breaches nearly triple in two years - Bitglass
“Financial organisations regularly handle sensitive, regulated data like home addresses, bank statements and Social Security numbers.”
CSA strikes another partnership to strengthen Singapore's threat intelligence
"FS-ISAC has made much progress in this area. We look forward to our partnership to address pressing cybersecurity issues together."
Rise of the super apps – shaping the future of finance
Money 2020 look at the evolving state of the financial services industry and the rise of super apps.
MAS panel discusses strategies for Singapore's cyber resilience
"The meeting provided MAS an opportunity to validate its strategy for strengthening cyber resilience in the financial sector."
Data sharing, collaboration key to financial services security
"By collaborating and sharing data, financial services organisations can innovate better and get things done."
Australia - world leaders in FinTech adoption, ahead of U.S & Hong Kong
“Fintech is no longer just an industry with future potential - it is now an industry which is delivering great on-the-ground outcomes."
Zuora launches cloud SaaS platform, tips subscription economy for massive growth
The subscription economy for financial services is tipped to skyrocket by 2018 and cloud SaaS provider Zuora says it's time to step up the game.
Financial services cybersecurity pain points security providers must consider
It is now paramount for financial services organisations to implement an architecture and strategy that has the capacity to support global trends.
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,"