Banking stories - Page 10

Operational hurdles, regulatory challenges, legacy technologies, and skills gaps are slowing down the momentum as banks look to stay competitive.

Fintech disruptors and a desire for personalized experiences are shaking up customer loyalty in the financial services industry.

Report warns that Super Apps could pose a future threat to traditional banking providers, with 67% of US consumers already interested in them.

Research reveals 91% of Australian banking executives are banking on the metaverse to reduce their organisation's carbon footprints.

The partnership will provide an end-to-end dispute management platform across all payment schemes for their merchant portfolio.

Malik brings nearly twenty years of experience leading finance and operations teams at large public companies as well as growing startups.

While overall complaint numbers declined significantly in the period, the proportion of mobile complaints increased to 39.7% of all complaints.

The integration benefits joint customers by making Concentric AI's data security posture management capabilities readily available on the Snowflake Data Cloud.

A new Cushman & Wakefield report is calling for water consumption and carbon emissions to be measured in addition to power usage.

FormBook is now the most prevalent malware, taking over from Emotet, which has held that position since its reappearance in January.

IBM unveils LinuxONE Emperor 4, a highly scalable server that reduces energy consumption by up to 75% and has a smaller carbon footprint.

Businesses in banking and finance are turning to innovative technology for credit decisions, with machine learning playing a key role.

UK Tech Provider Genetec Announces Major Release of Security Center Platform, Offering Access to All Modules Out-of-the-Box.

IDC's AI Tracker forecast indicates that global revenue for the AI market will reach nearly $450 billion in 2022.

The market was valued at USD$34.73 billion in 2020 and is expected to reach $83.55 billion by 2028, growing at a CAGR of 11.9% during the forecast period.

Some 30% of banks with greater than $1bn in assets will launch BaaS for new revenue by the end of 2024, but half will not meet revenue expectations.

ESET researchers have discovered a previously unknown cyberespionage group that targets various high-profile companies and local governments.

According to IDC, ANZ spending on BDA solutions is expected to grow at 13.3% in the five years between 2021-2026, and hit US$8.9 billion by 2026.

Trends across the market have continued to show that customers are expecting transactional banking activities to be completely effortless.

Banks are slow to adopt cloud technology, hindering their ability to fully realize its transformative potential, according to a new study.