Banking stories - Page 56

Xero sees strong profit rebound after pandemic squeeze, adding record 456k subscribers, but falls short of revenue estimates.

Small businesses in Australia are failing to digitise, costing the nation's economy $10 billion, according to MYOB.

State Street Corporation has launched its new Bitcoin Indicator series, aiming to measure the popularity of Bitcoin and its impact on traditional markets.

Oracle unveils new Analytics Cloud workflow with AI-based technology, including explainable machine learning and text analytics.

High expectations for Australian businesses ahead of the country's Federal Budget 2021-2022, says Xero survey. 27% want more support.

Most attempts by organisations to educate customers about fraud are ineffective, says new research from Callsign.

VIQ Solutions enhances timeliness and accuracy for one of the world's largest accounting bodies with high-tech recording and transcription services.

Whye, who is currently Apple's vice president of diversity and inclusion, brings more than 25 years of technology experience to her position on the board.

MYOB launches extension for business management platform, with focus on accounting practices and improved services for small business clients.

Alibaba Group remains third in the global Infrastructure as a Service (IaaS) market for the third year running, according to Gartner.

Spending on blockchain solutions is set to reach $6.6 billion this year, with strong growth expected in the coming years, according to IDC.

New Mambu study shows 73.5% of Australian consumers have never heard of open banking, but the sector must build trust.

Asia Pacific's ICT spending is projected to grow by 4.9% to reach $924bn this year, and is expected to exceed $1tn by 2024, according to IDC.

FSIs in Asia Pacific face increasing cyber threats as digital banking accelerates, warns VMware's Modern Bank Heists 4.0 report.

Almost all organisations faced mobile cyber-threats in 2020, as remote working increased concerns about mobile security, says Check Point Software.

There will be more than 1.4 billion users of facial recognition software used for payments alone in 2025, up from 671 million in 2020.

TNS, a provider of networking and data services, discusses its mission to help customers thrive in a connected world.

COVID-19 drove a surge in online retail spending, with an additional $900bn globally, making up $1 in every $5 spent, according to Mastercard.

The platform brings a focus on data security delivered with IBM's confidential computing and encryption capabilities.

Instarem unveils new logo, website, and mobile app as it aims to expand and become an all-in-one consumer app for cross-border payments.