Financial institutions stories - Page 3
Three money movement trends set to shake up APAC in 2023
The Asia Pacific region in 2023 will be marked by unprecedented intra-Asia-Pacific trade growth, driving new levels of cross-border payments and collaborations.
In the data collection game, web scraping drives the most revenue
According to new research, web scraping is seen as the most valuable external data collection method, directly connected to company revenue generation.
Crowley appoints Erika Graziuso as Chief Information Officer
Crowley appoints Erika Graziuso as CIO to lead digital transformation, cybersecurity and data management initiatives for the global supply chain firm.
Ranqx appoints John Horner as Director & Board Chair
Retired banker John Horner appointed as Director and Board Chair of Ranqx, to scale the business in North America banking and lending market.
APAC to be the fastest-growing cashless region - report
BPC and Kapronasia's new report finds cashless transactions in APAC will rise by 109% from 2020 to 2025, while global cashless payments will triple by 2030.
Majority of banks paid ransom for cyberattacks last year
VMware's most recent report finds 74% of businesses experienced one or more ransomware attacks in the last year, with 63% deciding to pay the ransom.
DiUS announces sale of global contract testing platform
DiUS has announced it has entered a definitive agreement to sell its global contract-testing collaboration platform, Pactflow, to SmartBear.
Personetics raises $85M, expands operations in Australia
Personetics raises $85m from Thoma Bravo, doubling its valuation to over $160m and expanding operations in Australia.
Australian FIs are seeking more robust crime management solutions, report finds
Nearly all Australian financial institutions (FIs) plan to replace in-house financial crime management solutions within three years, says IDC.
The importance of anticipatory design in mobile banking
Applying technology allows banks to anticipate their customer needs, create value and exceed customer expectations.
Supply chain and ransomware threats drove increase in cyber intelligence sharing
There has been a increase in sophisticated cross-border cyber criminal campaigns against the financial sector and its supply chain.
Entrust acquires financial technology company Antelop Solutions
Entrust, a company specialising in trusted identity, payments and data protection, has announced a definitive agreement to acquire Antelop Solutions.
GBG and SEON strengthen online fraud prevention for financial institutions
GBG partners with SEON to bolster online fraud prevention for banks and fintechs, offering technology integrated into the GBG Intelligence Center.
FiVerity launches 'revolutionary' Cyber Fraud Network
FiVerity launches industry-first Cyber Fraud Network to combat cyber tactics and fraudulent theft in financial institutions.
Traditional banks invest in apps to keep up with the competition
APAC banks invest in digital wellness apps, as Forrester finds trust in traditional banks fuels tech shift.
Manual processes leave financial orgs open to risk, study shows
Two-thirds of banks, corporations and NBFIs are still using search engines for trade compliance, risking red flags and missed opportunities, says Accuity.
Allvue Systems launches centralised data cloud with Snowflake
Allvue Systems selects Snowflake to enhance client data storage and processing capabilities in a centralised data cloud.
mx51 to use Snowflake for analytics and customer service
Snowflake has been chosen by mx51 to enhance its analytics and customer service for its merchant payment platform.
Automation gives competitive edge to APAC financial services firms
The majority of Asia Pacific financial services firms say automation gives them a competitive edge, according to new research.
Moneythor and Envestnet | Yodlee partner, bring greater CX to finance sector
Moneythor and Envestnet | Yodlee are partnering to improve customer experiences for financial institutions in Australia and New Zealand.
Global spending on financial crime compliance accelerates
Global spending on financial crime compliance at financial institutions is forecast to reach US$213.9 billion in 2021.
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.
APAC financial firms bite down as crime compliance costs rise
The total projected cost of financial crime compliance within Asia Pacific firms reached US$12.06 billion, according to a new report.
Asia Pacific FSIs pay $5.1 billion for breaching AML & data privacy
Financial institutions in Asia Pacific accumulate over $10.6bn in penalties for non-compliance with regulations, says Fenergo.