Bank news stories
NICE CXone platform integration implemented with Regional Bank Australia
NICE has announced the successful implementation of the NICE CXone platform with Regional Bank Australia.
More solutions updates and developments from Xero announced
Xero has announced a raft of new globally available solutions, features and product updates for the month of May, along with future developments soon to be rolled out.
Keppel Data Centres Holding
Beijing investment bank backs Keppel Data Centre investment fund
The Asian Infrastructure Investment Bank (AIIB) contributed US$100 million to the Keppel Data Centre Fund (KDC Fund II), a fund that closed with a US$1.1 billion raise.
Xero hits milestone in AI strategy with latest predictions feature
“As we continue to leverage AI to build rich customer experiences, we’ll streamline more and more critical business tasks and processes for our customers."
Are banks, social media and telcos to blame for scam explosion?
Consumers think banks, retailers and mobile operators need to do more to protect them and their personal information from fraudsters.
Risk management frameworks key to resiliency for banks, survey finds
The survey reveals the 'true north' nature of banks’ risk technology capabilities in navigating uncertainty, and states risk management leaders are seizing the competitive edge.
Traditional banks under pressure to rise to fintech competition
"There is no one-size-fits-all approach, and banks cannot create all digital subsidiaries equally. Players capable of achieving long-term growth and profitability today will be tomorrow's fintech-era success stories."
Forter doubles revenue in 12 months, raising $300 million for a $3 billion valuation
Forter has doubled its revenue in the last 12 months, raising $300 million for a $3 billion valuation.
New Bitcoin indicator series from State Street
State Street Corporation has launched its new Bitcoin Indicator series, aiming to measure the popularity of Bitcoin and its impact on traditional markets.
United Overseas Bank advances remote working and key projects with VMware
UOB has deepened its partnership with VMware with the aim of enabling safe and effective remote working in today’s world.
Amazon Web Services / AWS
Trend Micro brings AWS-powered banking solution to Australia
Trend Micro has introduced Australia's first automated open banking solution for secure data sharing, built on Amazon Web Services (AWS).
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."
Finance, Leasing & Rental
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.
Finance, Leasing & Rental
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.