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Banking stories - Page 10

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Generative AI could boost Australia's economy by USD $269 billion
Thu, 23rd May 2024
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genai
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ai
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productivity
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.
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Surviving digital Darwinism by levelling up to a cloud ERP
Thu, 23rd May 2024
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devops
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data analytics
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fintech
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.
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Cyber attacks impact 60% of mid-sized Australian businesses
Wed, 22nd May 2024
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fintech
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financial systems
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genai
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.
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Australia leads Asia Pacific in AI innovation & growth
Tue, 21st May 2024
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datacentre infrastructure
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ai
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edge ai
Australia’s AI innovation surpasses Asia Pacific, buoyed by strong tech infrastructure and initiatives like the brain-scale supercomputer DeepSouth.
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Unified communications market to expand to USD $187.6 billion by 2031
Tue, 21st May 2024
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uc
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digital transformation
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cybersecurity
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.
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NormCyber earns Microsoft specialisation for threat protection
Fri, 17th May 2024
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cloud security
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advanced persistent threat protection
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soc
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.
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Paymentology & Audax partner to revolutionise card services
Thu, 16th May 2024
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fintech
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cx
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blockchain
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.
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GoCardless appoints Jolawn Victor as Chief Growth Officer
Wed, 15th May 2024
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fintech
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b2b
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intuit
GoCardless has appointed Jolawn Victor as Chief Growth Officer, leveraging her vast experience in tech and growth marketing to support its global expansion.
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AI talent in banking sees significant growth, report reveals
Wed, 15th May 2024
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ai
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growth
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banking
AI-driven roles in US and European banks show robust growth, doubling overall headcount growth despite job cuts, according to Evident report.
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Corporate treasurers frustrated by outdated bank onboarding methods
Tue, 14th May 2024
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fintech
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financial systems
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accounting systems
Research by Encompass Corporation reveals that 87% of corporate treasurers in the UK and US abandon banking applications due to outdated onboarding processes.
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AI talent in US & European banks surges amidst sector layoffs
Tue, 14th May 2024
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ai
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talent
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banking
AI talent has grown by 9% in the world's biggest banks over the last six months, led by a recruitment drive towards AI implementation.
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YES BANK & EBANX to boost Indian cross-border commerce
Fri, 10th May 2024
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paas
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fintech
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iaas
YES BANK and global fintech firm EBANX partner to bolster India's cross-border commerce, aiming to streamline transactions and offer compliant payment solutions to the nation's 350 million online shoppers.
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Parkable tech revives unused parking spaces, generates millions in revenue
Fri, 10th May 2024
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fintech
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cartech
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financial systems
New tech by Parkable may boost Australian landlords' fortunes by converting underutilised city-centre parking into flexible spaces, tapping into millions of potential revenue.
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Executives plan to boost generative AI investments, Accenture survey shows
Thu, 9th May 2024
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it training
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fintech
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financial systems
Nearly 90% of executives managing supply chains and production seek to ramp up investment in generative AI, but there's a recognised need for advanced training and comprehension of the technology, Accenture's 'Pulse of Change' survey reveals.
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AI's role in shaping future workplaces explored in annual Work Trend Index
Thu, 9th May 2024
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fintech
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financial systems
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genai
Microsoft and LinkedIn's annual Work Trend Index reveals how AI is transforming workplaces, with New Zealand leading in AI adoption despite lacking comprehensive implementation plans.
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ANZ small businesses weigh increased marketing amid economic concerns
Thu, 9th May 2024
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fintech
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cx
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martech
Despite economic concerns, 46% of Australian and New Zealand SMBs plan to increase marketing spend in a bid to survive, with 48% set to raise their budgets by at least 10%, finds survey.
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Kore.ai research finds AI preference among contact centre agents & consumers
Wed, 8th May 2024
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uc
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fintech
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cx
New research by Kore.ai shows a shift towards AI-driven solutions in customer service, with agents prioritising AI tech over fair pay, and consumers applauding AI's precision and reliability.
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Check Point report shows 154% rise in cloud security incidents in 2024
Tue, 7th May 2024
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fintech
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cloud security
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advanced persistent threat protection
Check Point's 2024 Cloud Security Report reveals a dramatic 154% rise in cloud security incidents in a single year amid escalating cyber threats, showing an urgent need for AI-driven security solutions.
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Australian firms hindered by internal comms in tackling cyber threats
Mon, 6th May 2024
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fintech
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application security
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financial systems
Poor internal communication and a disconnect between security teams and C-suite executives are leaving Australian businesses vulnerable to cyber threats, a Dynatrace survey reveals.
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Volopa integrates with Microsoft Dynamics 365 bolstering finance tools
Mon, 6th May 2024
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fintech
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financial systems
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xero
Payments provider Volopa collaborates with Microsoft Dynamics 365, enhancing its expense management tools, building on partnerships earlier this year with ClearBank and Yapily.