Financial institutions stories

SEON’s technology is fully integrated into the GBG Intelligence Center to effectively use email, IP, phone, and social media as alternative data for fraud detection, while meeting compliance and data privacy needs.>>

"FiVerity's Cyber Fraud Network was created to solve problems and give financial institutions the tools they need to share information without violating their customers' privacy.”>>

Financial institutions across the APAC region are working to become more ingrained in the financial decisions of their customers, primarily through the development of digital financial wellness and money management apps.>>

“Trade compliance is a critical function where mistakes can cost businesses millions. An area where the smallest omission can throw off the entire strategy of a business is no place to take a chance.">>

Allvue Systems has chosen Snowflake to offer a centralised data cloud, with the overarching aim of enhancing and simplifying client's data storage and processing capabilities across business lines and asset classes.>>

Snowflake has been selected by merchant payment platform mx51 to support its analytics and customer service.>>

“Leveraging automation to build apps more cost-effectively and more quickly helps accelerate business processes, improves the customer experience, and makes the entire organisation much more efficient.">>

"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.>>