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Internet banking news stories

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Cloud
Xero unveils largest bank reconciliation improvements in a decade
Xero has unveiled the most significant improvements to bank reconciliation on the platform in a decade.
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Internet banking
Growth of digital payments set to cost Australian banks US$3 billion
Banks must change their business models to avoid massive shortfall in the next five years.
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Phishing
ANZ Bank warns businesses and customers of phishing scam
"This sole purpose of this elaborate phishing scam is to harvest the login credentials of ANZ customers so the criminals behind this scam can break into their bank accounts."
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Blockchain
Infosys, Middle Eastern banks complete pilot of cloud-based blockchain network
Banks from Turkey, the UAE, Oman, and Qatar piloted the network allowing them to process transactions in real-time with greater transparency.
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Cybersecurity
Fighting bank fraud and improving the customer experience: Can they work together?
Decreasing the risk of bank fraud and improving the customer experience are both based on knowing the customer - can they work together?
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Internet of Things
Biometric security enters the IoT ecosystem
"After establishing a foundation in smartphones and user authentication, the biometrics market is branching out and entering the IoT ecosystem."
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Phishing
Sophisticated SMS cyber attack targets Australian banking customers
A persistent and sophisticated SMS phishing campaign is currently targeting mobile banking customers in both Australia and New Zealand.
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Payment gateways
ANZ to release mobile wallet for Android
“Our goal is for the goMoney Wallet to be the most accessible, secure and easiest to use mobile payments solution in New Zealand.”