eCommerceNews UK - Technology news for digital commerce decision-makers

Banking industry stories

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Fortinet unveils rugged device for secure 5G capabilities
Last week
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firewall
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network infrastructure
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sd-wan
Fortinet has unveiled a robust, compact appliance that intensifies secure networking and 5G connectivity for operational technology environments.
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LPBank teams up with Finastra & NGS for digital treasury overhaul
Last month
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digital transformation
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cx
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martech
Lien Viet Post Joint Stock Commercial Bank (LPBank) joins forces with Finastra and NGS to drive digital transformation and elevate its treasury capabilities, enhancing operational efficiency and governance.
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Banks dedicate more resources to responsible AI but clarity lags behind
Mon, 18th Dec 2023
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partner programmes
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banking industry
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nab
Banks are dedicating more resources to responsible artificial intelligence, with a 43% staffing increase, but only six clarify their approach.
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Bud Financial appoints Rachel Fairhurst & Jakub Piotrowski as Senior Leaders
Thu, 19th Oct 2023
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fintech
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ml
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banking industry
Bud Financial appoints Rachel Fairhurst as VP of Credit Risk & Client Success, and Jakub Piotrowski as VP of Product to drive commercial growth and innovation.
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Redefining finance: How AI is revolutionising banking & cybersecurity
Tue, 10th Oct 2023
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contact centre
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cloud services
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cryptocurrency
AI is transforming the finance sector, improving customer service, battling fraud, and making repayments efficient.
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URECA appoints Tom Carr as Chief Financial Officer
Thu, 29th Jun 2023
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partner programmes
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banking industry
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commercial strategy
URECA names Tom Carr as CFO, reinforcing commitment to democratize access to carbon credits and accelerate sustainability initiatives.
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Arise by INFINITAS and Google Cloud partner to aid open innovation
Fri, 2nd Jun 2023
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firewall
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hyperscale
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cloud services
The companies are building a co-innovation platform and talent ecosystem for delivering more equitable and inclusive access to financial services.
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Mastercard to eliminate plastics from payment cards by 2028
Thu, 27th Apr 2023
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sustainable it
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fintech
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martech
Mastercard has announced it is accelerating efforts to remove first–use PVC plastics from payment cards on its network by 2028.
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67% rise in fraud losses in the UK in 2022, says money.co.uk
Wed, 15th Mar 2023
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fintech
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cybersecurity
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online shopping
The personal finance experts at money.co.uk, in their 2022 Fraud Report, have revealed the average monthly losses to fraudsters in 2022 to be over £333 million.
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Horizen Labs has announced a new CTO
Fri, 16th Dec 2022
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engineering
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enterprise adoption
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cto
Zain Cheng named Chief Technology Officer at Horizen Labs. Cheng oversaw product teams, including sidechains and smart contracts, and EVM development.
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Industry veteran becomes Chairman of Cloudfloat Board
Fri, 16th Dec 2022
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banking industry
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board of directors
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australian economy
Bob McKinnon, a veteran of the financial services industry, has become the new chairman of Cloudfloat, a platform providing cash flow for small businesses.
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Four marginal gains for the new era of credit decisioning
Wed, 14th Sep 2022
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ml
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compliance
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ai
Businesses in banking and finance are turning to innovative technology for credit decisions, with machine learning playing a key role.
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Banking-as-a-Service to hit mainstream within two years
Tue, 13th Sep 2022
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cloud services
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contact centre
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blockchain
Some 30% of banks with greater than $1bn in assets will launch BaaS for new revenue by the end of 2024, but half will not meet revenue expectations.
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IDC research shows rise in big data and analytics adoption
Thu, 8th Sep 2022
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big data
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bi
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data analytics
According to IDC, ANZ spending on BDA solutions is expected to grow at 13.3% in the five years between 2021-2026, and hit US$8.9 billion by 2026.
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How Infosys Consulting is driving better data-driven solutions for ASEAN
Thu, 8th Sep 2022
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bi
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big data
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data analytics
Trends across the market have continued to show that customers are expecting transactional banking activities to be completely effortless.
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The future of banking will be open and interconnected
Tue, 6th Sep 2022
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colocation
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blockchain
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multi-cloud
The shift from legacy banking processes to Banking as a Service is well underway, with established banks at risk of being left behind without adoption.
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Virgin Money works with 9Spokes to create custom offering
Tue, 16th Aug 2022
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saas
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devops
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finance, leasing & rental
Virgin Money has partnered with 9Spokes to develop a custom business dashboard, M-Track, to provide stronger insights for SME customers.
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SC Ventures launches fintech startup for retail banking
Wed, 3rd Aug 2022
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cx
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fintech
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martech
SC Ventures has launched fintech startup Appro to simplify the retail banking user journey, reducing application process times from hours to minutes.
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Heritage Bank appoints Mikhail Lopushanski as chief information security officer
Fri, 22nd Jul 2022
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cybersecurity
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audit
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banking industry
Heritage Bank appoints Mikhail Lopushanski, former chief security officer at Australian Prudential Regulation Authority, as CISO to boost data security.
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Check Point reveals top malicious threats in June 2022
Fri, 15th Jul 2022
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malware
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smartphones
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advanced persistent threat protection
New Android banking malware, MaliBot, emerges following FluBot takedown. It disguises itself as crypto mining apps and targets mobile banking users.
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New ASB campaign helps young people better understand money
Wed, 6th Jul 2022
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app development
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devops
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apm
ASB is helping 18 to 24-year-olds take advantage of financial possibilities and better understand the world of money.
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Airwallex launches global payment services in New Zealand
Thu, 30th Jun 2022
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finance, leasing & rental
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martech
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commerce systems
The launch will enable businesses in New Zealand to tap into Airwallex's global payments services, offering an alternative to traditional banks.
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Banks, PSPs prioritising payment modernisation to compete
Fri, 17th Jun 2022
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martech
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commerce systems
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payment gateways
A new report gives payment providers a forward-looking view of the evolution of payments and investment drivers for modernisation.
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Australians re-examining spending fees and charges
Wed, 15th Jun 2022
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finance, leasing & rental
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digital banking
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online banking
The majority of Australians are beginning to examine fees more closely. Unfortunately, no transaction is completely and always ‘free’.