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Banking Stories - Page 71

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Banking stories

Ikonz Studios secures funding for global AI expansion
EduTech

Ikonz Studios secures funding for global AI expansion

Ikonz Studios has secured strategic Pre-Series A funding from prominent investors, bolstering its innovative AI-driven digital experiences and global expansion.

By Catherine Knowles • 3 min read • Wed, 19th Feb 2025
Aerospike launches Database 8 with significant updates
Software Development

Aerospike launches Database 8 with significant updates

Aerospike has launched Database 8, enhancing its multi-model distributed system to ensure real-time performance and strict consistency for enterprise applications.

By Catherine Knowles • 3 min read • Thu, 13th Feb 2025
Dee McGrath announces retirement from MUFG, Lombardo to lead
Banking

Dee McGrath announces retirement from MUFG, Lombardo to lead

MUFG Pension & Market Services announces CEO Dee McGrath will retire on 30 June 2025, with Frank Lombardo appointed to lead its Australia and New Zealand operations.

By Moritz Florian • 2 min read • Thu, 6th Feb 2025
EC360 platform launches to revolutionise banking KYC
Digital Transformation

EC360 platform launches to revolutionise banking KYC

Encompass has unveiled its EC360 platform to revolutionise corporate client verification in banking, addressing outdated processes amid rising competition.

By Melania Watson • 3 min read • Tue, 4th Feb 2025
India faces rising cyber threats amid digital transformation
Firewalls

India faces rising cyber threats amid digital transformation

India's rapid digital growth boosts economy but increases cyber threat risks, targeting sectors from energy to healthcare, warns expert Shibu Paul.

By Sean Mitchell • 5 min read • Tue, 28th Jan 2025
Real-time KYC: Tipping the balance in corporate banking's digital revolution
Data Analytics

Real-time KYC: Tipping the balance in corporate banking's digital revolution

As corporate banking undergoes a digital transformation, real-time KYC processes powered by Corporate Digital Identity are set to significantly enhance operational efficiency.

By Wayne Johnson • 6 min read • Tue, 28th Jan 2025
EPAM Systems expands partnership with Google Cloud for AI
Data Analytics

EPAM Systems expands partnership with Google Cloud for AI

EPAM Systems is expanding its partnership with Google Cloud to deliver AI-powered solutions across media, energy, and retail sectors, driving digital transformation.

By Catherine Knowles • 3 min read • Thu, 23rd Jan 2025
Hexaware collaborates with AWS to boost cloud adoption
Digital Transformation

Hexaware collaborates with AWS to boost cloud adoption

Hexaware Technologies has partnered with Amazon Web Services to enhance cloud adoption and deliver generative AI solutions across multiple sectors.

By Shannon Williams • 3 min read • Wed, 22nd Jan 2025
Microblink reports strong 2024 growth in ID verification sector
Fintech

Microblink reports strong 2024 growth in ID verification sector

Microblink has reported robust growth in 2024, buoyed by rising demand for its identity verification solutions and expanded integration on Google Cloud.

By Imee Dequito • 4 min read • Tue, 21st Jan 2025
Index Engines achieves major growth with CyberSense software
Ransomware

Index Engines achieves major growth with CyberSense software

Index Engines celebrated a transformative year in 2024, reporting a remarkable 112% sales increase in the banking sector fueled by rising ransomware threats.

By Catherine Knowles • 3 min read • Fri, 17th Jan 2025

Stories from Other Regions

Banking stories

Telstra & CommBank extend partnership to combat fraud
Unified Communications

Telstra & CommBank extend partnership to combat fraud

Telstra and CommBank have announced an extension to their partnership, introducing new 'Fraud Indicator' technology to enhance fraud detection and protect against identity theft.

By Catherine Knowles • 3 min read • Fri, 14th Feb 2025
SMEs in Singapore could miss out on SGD $800m annually
Supply Chain

SMEs in Singapore could miss out on SGD $800m annually

Small and medium-sized enterprises in Singapore are at risk of losing SGD $800 million each year by keeping cash in low-yield bank accounts.

By Melania Watson • 3 min read • Thu, 13th Feb 2025
Amazon Australia introduces PayTo with NAB & Banked
Fintech

Amazon Australia introduces PayTo with NAB & Banked

Banked has partnered with National Australia Bank to introduce PayTo on Amazon Australia, offering secure, direct payments from customers' bank accounts.

By Catherine Knowles • 2 min read • Thu, 6th Feb 2025
UK consumers prefer traditional mail in digital age study
Data usage

UK consumers prefer traditional mail in digital age study

A recent study by Quadient reveals that 79% of UK consumers sent physical mail last year, highlighting a persistent preference for traditional communication methods.

By Shannon Williams • 3 min read • Thu, 6th Feb 2025
Papua New Guinea completes digital kina currency trial
Modernisation

Papua New Guinea completes digital kina currency trial

The Bank of Papua New Guinea, with Japan's METI and Soramitsu, has launched a proof of concept for a digital Kina, aiming to enhance financial inclusion.

By Kaleah Salmon • 3 min read • Thu, 6th Feb 2025
Zero app launches, offers green financial solutions
Fintech

Zero app launches, offers green financial solutions

Zero, a sustainable money app and debit card, is now fully launched under e-Money regulations, aiming to empower eco-conscious consumers in the UK.

By Kaleah Salmon • 2 min read • Mon, 3rd Feb 2025
Techcombank leads in Vietnamese banking brand equity rise
Unified Communications

Techcombank leads in Vietnamese banking brand equity rise

Techcombank's Brand Equity Index has surged by 68% in Q4 2024, now leading Vietnam's banking sector, fuelled by innovative marketing and community engagement.

By Catherine Knowles • 3 min read • Thu, 23rd Jan 2025