Financial institutions’ country-specific challenges in Asia/Pacific Banks worldwide are expected to spend an additional $US31 billion on AI embedded in existing systems by 2025. Similarly, in a recent IDC survey of banking executives worldwide, fraud management featured strongly as a priority. “In the process of coming up with digital products…
Read More
We are now one of the largest employers of technology resources in the country Good morning, everyone and what a pleasure it is to be back at FST Media in-person. My name is Ana Cammaroto and I’m the CIO for Personal Banking & Digital at NAB. Fresh out of Uni,…
Read More
Lopushanski was thrilled to join Heritage given its passion for mutuality Heritage Bank has strengthened its IT defences with the appointment of Mikhail Lopushanski as its new Chief Information Security Officer. Lopushanski has more than 30 years’ experience in strategic planning, governance, audit, risk, and information security, including the past…
Read More
Over four years, the bank has automated over 250 critical business operations UiPath, a leading enterprise automation software company, today announced that Sumitomo Mitsui Trust Bank, Limited has deployed the UiPath Platform, resulting in savings of more than 400,000 total hours in labor-intensive tasks. Over four years, the UiPath end-to-end…
Read More
It is committed to intensifying efforts going forward In 2018, as it turned 50, DBS told customers it wanted them to “Live more, Bank less”. Four years on, the bank continues to defy the status quo – this time, with its latest regional brand campaign, which makes clear it is…
Read More
The penalty is due to an alleged breach of Consumer Data Right Rules Bank of Queensland Ltd has paid a penalty of $US133,200 after the ACCC issued it with an infringement notice for allegedly breaching the Consumer Data Right (CDR) Rules by failing to provide a service enabling consumers’ data…
Read More
UNO Digital Bank will power up its CRM with BUSINESSNEXT BUSINESSNEXT, one of the World’s leading responsive composable banking platform by Acidaes Solutions Pvt. Ltd, today announced that UNObank Inc. will use its solutions to power UNO Digital Bank’s customer relationship management (CRM) systems. The artificial intelligence (AI)-driven solutions, CRMNEXT…
Read More
Cloud budgets continue to grow. Cloud has become a key part of the strategy of banks to attain and maintain a competitive advantage in digital financial services. This is a big leap from many years of hesitating on cloud, owing much to initial regulatory hurdles that banks had to overcome.…
Read More
The adoption of digital payments is accelerating the pace of growth and innovation. Changing preferences and continued government efforts are driving cash displacement in Malaysian consumers. According to the Visa Consumer Payment Attitudes 2021 study, seven out of 10 Malaysians have tried to go cashless in 2021. Additionally, the average…
Read More
Bid to become digitally resilient. Over 70% of banking, financial services, and insurance (BFSI) organizations across the Middle East, Turkey, and Africa (META) region plan to invest in scaling up their digital platform experiences over the next 12-18 months. That’s according to the latest research from International Data Corporation (IDC),…
Read More