Banking stories
Australia's newest bank, Avenue Bank, revolutionises the bank guarantee market by digitising traditionally lengthy processes, benefiting landlords and small to medium-sized businesses.
A new survey by Blakely Clothing shows UK shoppers, aged 18 to 35, are veering away from fleeting fashion trends, favouring quality, comfort, and longevity in their clothing choices.
London's Ripjar launches Compliance CoPilot, an AI-risk management assistant, aiming to revolutionise threat monitoring.
Australian mortgage broking industry pivots towards Open Banking, with the number of brokers using NextGen's solution tripling, amid potential legislative changes.
Genetec debuts innovative Security Center SaaS, a cybersecurity-focused unified service that integrates advanced physical security technology.
PPRO has bolstered its leadership, appointing Selene Brett as Chief Legal, Risk and Compliance Officer, and Marc Kuzak and Massimiliano Conte as Legal and Compliance Director respectively to bolster governance.
DCI Indonesia has launched its E1 Tier IV data centre in central Jakarta, offering high service quality and latency benefits to clients across sectors like banking, telecoms, manufacturing, and state-owned firms.
Lenovo's latest report highlights a 46% CAGR in ANZ's AI market, with 83% of CIOs confident about its competitive advantage; however, they note GenAI's significant data reliance and AI skill shortage as challenges.
SAS Customer Intelligence 360 achieves top status in The Forrester Wave: Real-Time Interaction Management, Q1 2024, reinforcing its crucial role in delivering hyper-personalised customer experiences.
BlackLine's Modern Accounting Playbook achieves the 1,000 customer milestone, attesting its swift implementation and effectiveness in streamlining corporate accounting operations in a few as five days.
Xero unveils AI vision and previews GenAI-powered business assistant, JAX, aiming to revolutionise accounting for small-scale businesses by automating tasks and delivering tailored insights.
MYOB expands partnership with global financial platform Stripe to streamline invoice payment and ease cash flow difficulties for Australian and New Zealand businesses.
UK fintech firm Griffin successfully secures $24m funding and green light from PRA and FCA, becoming a fully operational bank.
Netsafe forms a coalition with CYBERA, Dolla, and Akahu to aid New Zealanders in recovering funds lost to scams, targeting banking, crypto, and telecom sectors.
Bank Muamalat Malaysia reveals major digital transformation with Google Cloud and Trinitium, adopting a fully cloud-based model to provide personalised, digital Islamic banking services.
UK fintech company Payhawk aims to expand its London team by 44% following a successful year and the acquisition of its UK EMI Licence.
UK hospitality industry can optimally utilise AI for revenue management, marketing and account handling, provided they process clean, ample data, industry insiders advise.
Dvara Money's tech-savvy union with Jana Small Finance Bank promises to propel digital banking in Bharat, optimising customer experiences through an integrated UPI solution.
Sendbird's new AI chatbot provides affordable AI solutions for small and medium businesses, offering seamless integration and obviating the need for technical resources for implementation.
UK licensed bank, Griffin, has opened applications for their early access programme, Foundations, which provides a full-stack Banking as a Service (BaaS) platform.