Financial institutions stories

"The demand for these types of solutions is continuously growing, and we are delighted to add Envestnet | Yodlee to our list of partners and to bring these solutions to life across Australia and New Zealand.”>>

Global spending on financial crime compliance at financial institutions is forecast to reach US$213.9 billion in 2021.>>

State Street Corporation has launched its new Bitcoin Indicator series, aiming to measure the popularity of Bitcoin and its impact on traditional markets. >>

The total projected cost of financial crime compliance within Asia Pacific firms reached US$12.06 billion, according to a new report.>>

Financial institutions in Asia Pacific are paying a heavy price for not complying with some of the most common and widespread regulations designed to protect them and their customers.>>

Oracle Financial Crime and Compliance Management Cloud Services is an application suite designed for mid-sized banks and smaller financial institutions.>>

While Radware did not share the names of its two clients, the company did explain more about the partnerships.>>

"The pandemic is creating a lot of uncertainty, but the majority of FIs in APAC recognise that an end to end fraud management platform is strategic to differentiating themselves from the highly disruptive landscape they are playing in.">>

“Mambu and Backbase are united in our goal to transform the banking industry. We enable banks to break free from legacy applications and successfully compete in a digital-first world.">>

“The large number of respondents who indicated that they’re developing automation for their compliance process suggests that organizations are starting to move up the automation maturity curve.">>

In today’s challenging economic climate, Australian and New Zealand finance professionals are under pressure to up their output and contain costs.>>

Extremely high call volumes are resulting in longer than normal wait times and frustrated customers. Firms risk taking a hit to their reputation if the situation doesn’t improve.>>

"With more demand for low-latency solutions in FX and bond markets, we are confident that Equinix's mature FX ecosystem in the country will create more opportunities for major banks, financial services institutes and retail FX brokers both regionally and globally.">>

As a celebration of International Women’s Day (IWD), we’re running a series of interviews with women in technology.  BlackLine’s A/NZ regional vice president Claudia Pirko and Ecosystm principal advisor Jannat Maqbool share their thoughts.>>

It could be said that trading is in very good health as we head ever further into 2020.>>

According to AFIN, the platform will enable fintechs and financial institutions to leverage technologies such as compliance as a service.>>

Neobanks are catering to customers who are tired of the big banks and those who seek alternatives, says financial advisory firm Mozo.>>

The company’s new Hong Kong office will enable the company to access many of the world's largest financial institutions. >>

"It helps banks redefine converged data lakes for finance and achieve more intelligent and real-time data analysis, accelerating the conversion from data to value and digital transformation.">>

“Kiwibank has a strong purpose and that is to make Kiwis better off. Our founding vision was for New Zealand to have a real and credible alternative to the offshore-owned banks, that remains at the heart of who we are and why we exist.">>

The agreement signifies a substantial cooperating step between Chengdu and London in the field of finance.>>

One bank had an unpatched vulnerability that has existed since at least 2011.>>

Positive Technologies found that the majority of all web attacks in 2018 targeted sites of financial institutions, transportation companies, hospitality and entertainment companies.>>

The report studied attitudes of banking customers in Hong Kong, Australia, New Zealand, the Philippines and Taiwan.>>