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Banking stories

Feds enacts cyber security law for critical sectors
Data Protection

Feds enacts cyber security law for critical sectors

Operators in finance, telecoms, energy and transport face mandatory reporting and stronger safeguards as Ottawa tightens oversight of cyber risk.

By Jake MacAndrew • 3 min read • Last week

Global Stories

Banking stories

One in three remittance users struggle with delays
Fintech

One in three remittance users struggle with delays

Delays and opaque fees in cross-border transfers are leaving millions of remittance recipients unable to cover essentials, a new survey finds.

By Karen Joy Bacudo • 4 min read • Last week
Banks face AI balancing act as regulation tempers uptake
Data Protection

Banks face AI balancing act as regulation tempers uptake

Australia's banks are steadily increasing their use of artificial intelligence, but regulation and data security fears are tempering adoption.

By David Shilovsky • 4 min read • Last week
Visa launches Click to Pay for Revolut cardholders
Fintech

Visa launches Click to Pay for Revolut cardholders

Millions of UK and European shoppers can now skip manual card entry online, as Revolut rolls out Visa's Click to Pay at checkout.

By Karen Joy Bacudo • 4 min read • Last week
Rabobank moves iDEAL to Wero in instant payment shift
Fintech

Rabobank moves iDEAL to Wero in instant payment shift

Dutch shoppers will gain around-the-clock settlement as iDEAL is shifted onto instant SEPA rails and linked with Wero across Europe.

By Karen Joy Bacudo • 3 min read • Last week
EatClub joins CommBank app to fill quieter dining periods
Data Analytics

EatClub joins CommBank app to fill quieter dining periods

Restaurants can tap millions more diners as EatClub's offers move into CommBank's app, targeting quieter service periods.

By Karen Joy Bacudo • 5 min read • Last week
Illegal streaming users in Asia-Pacific face cybercrime
Malware

Illegal streaming users in Asia-Pacific face cybercrime

Nearly half of illicit streaming apps tested in Asia-Pacific contained malware, heightening risks of fraud, identity theft and device compromise.

By Sofiah Nichole Salivio • 4 min read • Last week
Travel costs fuel surge in bank-led payment disputes
Data Analytics

Travel costs fuel surge in bank-led payment disputes

Rising fares and disruption are pushing more travellers to dispute payments through banks, putting travel merchants under heavier refund pressure.

By Karen Joy Bacudo • 4 min read • Last week

Stories from Other Regions

Banking stories

Three ways Australian banks can reinvent SME banking
Software-as-a-Service

Three ways Australian banks can reinvent SME banking

As SMEs demand faster lending and integrated tools, banks risk losing ground unless they cut red tape and modernise their platforms.

By Andrew Groth Infosys ANZ and Theo Albers Infosys Finacle ANZ • 4 min read • Last week
Hyundai Card broadens digital talent beyond tech majors
Data Analytics

Hyundai Card broadens digital talent beyond tech majors

Non-STEM graduates now make up a third of Hyundai Card's digital team, as the issuer ties hiring to its AI-led business shift.

By Karen Joy Bacudo • 4 min read • Last week
How to meet APRA's demands for improved AI security
Privileged Access Management

How to meet APRA's demands for improved AI security

Financial firms face tighter oversight as the regulator warns current controls are not enough for fast-changing AI systems and machine identities.

By Vijay Chaudhari • 5 min read • Last week
Alethea names Gyanendra Pati, Gaurav Jain to posts
Data Analytics

Alethea names Gyanendra Pati, Gaurav Jain to posts

The Bengaluru firm is adding senior firepower as demand grows for cross-border deal advice paired with execution support.

By Sean Mitchell • 3 min read • Last week
FICO adds DataOps to platform for wider AI adoption
Data governance

FICO adds DataOps to platform for wider AI adoption

Weak data pipelines and poor governance can now be checked inside the FICO Platform, as the software maker pushes firms towards safer AI use.

By Sofiah Nichole Salivio • 4 min read • Last week
KPMG study links trusted AI to stronger performance
Data Protection

KPMG study links trusted AI to stronger performance

Despite rising AI adoption, most firms are failing to turn it into enterprise-wide gains because governance and workforce readiness lag badly.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Fraud has industrialised and banking defences must do the same
Fintech

Fraud has industrialised and banking defences must do the same

Banks must shift to real-time, networked defences as organised scams now move money through customer-authorised payments in minutes.

By Sandy Lavorel • 7 min read • Last week
HSBC & Google Cloud expand AI across bank operations
Data Analytics

HSBC & Google Cloud expand AI across bank operations

The lender expects AI to speed fraud checks and staff support, while helping prioritise projects that could each deliver more than USD $100 million.

By Karen Joy Bacudo • 4 min read • Last week
Customers lose trust in AI in regulated industries
Data Protection

Customers lose trust in AI in regulated industries

Consumer patience is thinning, with Australian customers most likely to walk away when poor communications or clumsy data capture erode trust.

By Joseph Gabriel Lagonsin • 4 min read • Last week