Banking stories - Page 13

Research by Encompass Corporation reveals that 87% of corporate treasurers in the UK and US abandon banking applications due to outdated onboarding processes.

AI talent has grown by 9% in the world's biggest banks over the last six months, led by a recruitment drive towards AI implementation.

YES BANK and global fintech firm EBANX partner to bolster India's cross-border commerce, aiming to streamline transactions and offer compliant payment solutions to the nation's 350 million online shoppers.

New tech by Parkable may boost Australian landlords' fortunes by converting underutilised city-centre parking into flexible spaces, tapping into millions of potential revenue.

Nearly 90% of executives managing supply chains and production seek to ramp up investment in generative AI, but there's a recognised need for advanced training and comprehension of the technology, Accenture's 'Pulse of Change' survey reveals.

Microsoft and LinkedIn's annual Work Trend Index reveals how AI is transforming workplaces, with New Zealand leading in AI adoption despite lacking comprehensive implementation plans.

Despite economic concerns, 46% of Australian and New Zealand SMBs plan to increase marketing spend in a bid to survive, with 48% set to raise their budgets by at least 10%, finds survey.

New research by Kore.ai shows a shift towards AI-driven solutions in customer service, with agents prioritising AI tech over fair pay, and consumers applauding AI's precision and reliability.

Check Point's 2024 Cloud Security Report reveals a dramatic 154% rise in cloud security incidents in a single year amid escalating cyber threats, showing an urgent need for AI-driven security solutions.

Poor internal communication and a disconnect between security teams and C-suite executives are leaving Australian businesses vulnerable to cyber threats, a Dynatrace survey reveals.

Payments provider Volopa collaborates with Microsoft Dynamics 365, enhancing its expense management tools, building on partnerships earlier this year with ClearBank and Yapily.

Outpayce, fintech arm of Amadeus, is licensed by the Bank of Spain to offer regulated payment services and issue prepaid virtual cards, consolidating its position in Spain's e-money market.

Dubai's climate fintech Fils partners with Pakistan's TPS to integrate sustainability infrastructure, enabling institutions across Asia to monitor their carbon emissions and buy top-tier carbon credits.

LexisNexis Risk Solutions' study reveals 80% of Australian firms recognise fraud significantly impacting customer conversion rates.

MYOB has updated its business management platform to simplify navigation for small-to-medium businesses, enhancing usability.

A recent survey by Fastly reveals 81% of Australian businesses have a CISO role, but there remains significant confusion around the role's responsibilities and value.

New Relic's fourth annual State of the Java Ecosystem report reveals latest trends in Java development and adoption, highlighting significant growth in Java 21's uptake and shifts in preferred Java Developer Kits.

Growing sophistication of cybercriminal identities threatens Australian enterprises, as only over one-third implement multi-factor authentication, leaving them vulnerable to AI-driven attacks, reports Ping Identity.

Despite a surge in digital banking, 58% of Australians remain uncertain about AI-enhanced services due to job loss fears, data security concerns, and a preference for human interaction, says a Publicis Sapient study.

Despite the introduction of Consumer Data Right (CDR) five years ago, 68% of Australians remain unaware of the Open Banking concept, according to a survey by payment tech company, Waave.