Banking stories - Page 72

In Australia and NZ, finance and IT must collaborate closely to effectively implement robotic process automation, enhancing productivity and efficiency.

As organisations progress to harness the benefits of AI, consumers, employees and citizens are watching closely and are ready to reward or punish behaviour.

At home and abroad, companies anticipate cyber-crime will be the most disruptive economic crime of 2019 and 2020.

ANZ, Commonwealth Bank, IBM, and Scentre Group and Westpac have launched a new pilot program that will bring blockchain into the retail property lease system.

A global survey by deVere Group reveals 55% of banking and financial services customers now use fintech, underscoring rapid digitalisation in finance.

Ambit has opened its first Australian office in Sydney, with CEO Josh Comrie relocating to lead the expansion following an NZD $1.75M capital raise.

Despite beliefs that the younger generation prefers to shop online, they're actually the most likely to do more shopping in physical stores.

ANZ faces backlash as former CEO David Hisco's lavish lifestyle at the bank's expense is revealed. Attempts to downplay issues worsen the internal culture.

TIBCO and Ping Identity have partnered to enhance API security, integrating TIBCOCloud Mashery with PingIntelligence's AI-driven threat detection.

While only 13% of organisations use AI and machine learning to detect and deter fraud, another 25% plan to adopt such technologies in the next year or two.

The movement to hybrid storage, proliferated use of smart phones, laptops, and tablets has increased penetration of storage data management.

ABBYY has introduced Mobile Web Capture, an AI-enabled mobile technology that aids the onboarding process for new customers.

ASB Bank phases out its ASB Virtual payment service, introducing Google Pay for Android users. However, it's only compatible with Android 5.0 or later.

Australian FinTech Identitii announces HSBC's launch of its Digital Accounts Receivable Tool using Identitii's tokenisation technology.

Cryptolocker malware and ransomware is increasing at a rapid rate, with these threats rising 167% over the previous quarter.

People aged over 65 are particularly vulnerable, making the most reports and losing more than $330,000 this year. That's more than 60% of the current losses.

Australia's job advertisements fell by 6.5% in May, according to SEEK, but average salaries rose by 3.4%, with Tasmania and WA leading wage growth.

4 in 10 dark web traders are selling hacking tools and services against Fortune 500 and FTSE 100 businesses, new research reveals.

Digital transformation is shaking up legal, finance, education, and manufacturing sectors, driving profit boosts and demanding rapid adaptation, says Gartner.

HID Global unveils a cutting-edge fingerprint reader in Australia, promising swift, secure biometric access even in challenging conditions.