Banking news stories
Banks, PSPs prioritising payment modernisation to compete
A new report gives payment providers a forward-looking view of the evolution of payments and investment drivers for modernisation.
Australians re-examining spending fees and charges
The majority of Australians are beginning to examine fees more closely. Unfortunately, no transaction is completely and always ‘free’.
Why personalised CX will pay off for Asia’s banks
In just a few years, well-funded fintech firms, mobile wallets, trading apps and digital-only banks have revolutionised the centuries-old banking industry.
Small Business / SMB
Australian small business unsatisfied with traditional banks
"The pandemic put a sudden, massive burden on SMEs globally, and they didn't think banks did enough to help them."
Malicious Android apps targeting Malaysian bank customers
Researchers at cyber security firm ESET have analysed three malicious Android applications targeting customers of eight Malaysian banks.
Fintech expert urges caution when it comes to online banking details
When it comes to convenience around data sharing via screen scraping, consumers have less control, security and transparency."
Big four branch closures see shift in fintech market for regional businesses
A new report by Zeller has revealed that the majority of regional businesses in Australia have been impacted as a result of branch closures by the big four.
Open finance set to benefit New Zealand consumers - report
Open finance is expected to become the standard for consumers' financial welfare and empowerment, according to an Aotearoa fintech research report.
GPS and Mastercard help fintechs disrupt traditional banking
GPS, the global payment technology platform catering to a variety of fintechs, has announced a new strategic partnership with Mastercard.
Check Point reveals cybersecurity challenges for banks, data centers and trading platforms
As the cyber threat landscape evolves and becomes more dangerous every year, protecting IT infrastructure will only become more challenging.
Bitcoin ATMs becoming more mainstream, increasing by 4,200% worldwide
Bankless Times has recently carried out research that highlights an increase of 4200% in global Bitcoin ATMs in the past six years.
Mobile threats: Cybercriminals target banking and gaming
Cybercriminals are forgoing low hanging fruit to target banking and gaming, according to a new mobile threat report from Kaspersky.
Forrester reports on how digital technology is changing how we bank
There's a new cohort of customers using digital banking for the first time, a host of contactless and mobile payments, and a growing range of QR-code, order-at-table apps.
NZ banking sector should brace itself for watershed year in 2022
This year is set to be a defining year for the banking industry as it enters a period of unprecedented transformation.
Westpac enters strategic partnership with Microsoft
The partnership includes increased investment in Microsoft’s cloud computing service, Azure, which will help to modernise Westpac.
Kiwibank strikes up partnership with ACI Worldwide
The agreement will see ACI provide and run Kiwibank's newly installed, full capability Payment Hub: a SaaS solution hosted in the Microsoft Azure cloud.
Backbase appoints new VP of tech in Asia Pacific region
"Chris is an excellent choice to spearhead our tech advancements in the region, and I am confident he will be a valued partner to our banking clients."
Experts weigh in on how to protect yourself against banking scammers
"Financial wellness is more than spending wisely and having healthy savings levels - it is also about keeping our money safe and not losing it to bad guys."
COVID-19 and international banking stalls NZ business global expansion
"Businesses all over the world are simply pouring their money down the drain in unnecessary fees."
Blockchain company DigitalX appoints new CEO after extensive search process
DigitalX has announced the appointment of experienced finance industry executive Lisa Wade as CEO.
Barclays selects HPE GreenLake for global private cloud platform
Hewlett Packard has announced that Barclays has selected HPE GreenLake to deliver its global private cloud platform.
Cryptocurrrency: The next big thing Australia's banks need to keep an eye on
Banks should keep a finger on the pulse of the growing demand for cryptocurrency services, according to a global study by Visa.
Video: 10 Minute IT Jams — Who is Forter?
Today we introduce Forter, an organisation that specialised in fraud detection in eCommerce.
Microsoft Singapore unveils enhancement strategy within the financial sector
Microsoft Singapore has unveiled its plans to enhance its position in the financial services industry, releasing its takeaways from Fintech festival 2021 and announcing a raft of partnerships and strategies.