ChannelLife India - Industry insider news for technology resellers

Digital Banking stories - Page 3

Cloud & Digital Banking solutions allow banks, credit unions and financial institutions to host computing services via the Internet, which helps them to be more efficient and reactive. Types of services include data storage, servers, or communication and networking as well.

Banking institutions deliver tools and solutions such as payment gateways, digital wallets, and secure online payments. The major strength of cloud banking comes from the private cloud used to manage these solutions, which increases the reliability and the flexibility of it.
Story image
US consumers spend USD $331.6 billion online in first quarter 2024
Thu, 30th May 2024
#
data analytics
#
fintech
#
martech
US consumers spent USD $331.6 billion online in Q1 2024, with groceries, electronics, and apparel driving growth, Adobe Analytics reveals.
Story image
The three trends supporting fintech growth in Australia
Thu, 30th May 2024
#
smartphones
#
data analytics
#
fintech
Australia’s fintech sector, powered by innovation, technology, and government backing, has surged from AUD $250 million in 2015 to AUD $45 billion in 2023.
Story image
First AML & Armalytix join forces to elevate AML processes
Thu, 30th May 2024
#
fintech
#
risk & compliance
#
aml
First AML has partnered with Open Banking tech platform Armalytix to boost Source of Funds and Source of Wealth capabilities for large conveyancing firms.
Story image
Cogo partners with Terra Nova to launch carbon tracking
Wed, 29th May 2024
#
fintech
#
financial systems
#
cleantech
Cogo and Terra Nova Foundation unveil Earth+ programme in New Zealand to help not-for-profits in Canterbury and Nelson.
Story image
Pattern study reveals trust gap in Australian online shopping
Tue, 28th May 2024
#
fintech
#
financial systems
#
ebay
Australian shoppers trust Amazon far more than emerging rivals Temu and Shein, reveals a Pattern study. Only 7% vouch for Temu's product quality.
Story image
MYOB Digital Challenge opens registrations with NZD $10,000 prize
Tue, 28th May 2024
#
fintech
#
financial systems
#
ai
MYOB invites tech students from Australia and New Zealand to compete for NZD $10,000 in the 10th annual Digital Challenge. Registrations now open.
Story image
Survey: millennials & men most targeted by financial fraud
Tue, 28th May 2024
#
fintech
#
millennials
#
online banking
Millennials and men, particularly those aged 35-44, are most frequently targeted by financial fraud, reveals an Arbuthnot Latham survey.
Story image
Trustly's Azura checkout boosts user spending & conversions
Fri, 24th May 2024
#
data protection
#
fintech
#
spending
Trustly's Azura checkout technology has transformed consumer payment habits across Europe, boosting spending, frequency, transaction speed, and conversion rates.
Story image
Surviving digital Darwinism by levelling up to a cloud ERP
Thu, 23rd May 2024
#
devops
#
data analytics
#
fintech
In the age of digital Darwinism, businesses must adapt swiftly. Transitioning to a cloud ERP system like NetSuite offers scalability, integration, and industry-specific solutions vital for growth.
Story image
Cyber attacks impact 60% of mid-sized Australian businesses
Wed, 22nd May 2024
#
fintech
#
financial systems
#
ai
A MYOB survey reveals that three in five mid-sized Australian businesses have faced cyber attacks, with the highest rates in finance and insurance sectors.
Story image
Paymentology & Audax partner to revolutionise card services
Thu, 16th May 2024
#
fintech
#
cx
#
blockchain
Paymentology and Audax join forces to deliver an innovative Cards-as-a-Service solution, simplifying and speeding up card programme launches for banks and FIs in Southeast Asia and the Middle East.
Story image
GoCardless appoints Jolawn Victor as Chief Growth Officer
Wed, 15th May 2024
#
fintech
#
intuit
#
b2b
GoCardless has appointed Jolawn Victor as Chief Growth Officer, leveraging her vast experience in tech and growth marketing to support its global expansion.
Story image
Corporate treasurers frustrated by outdated bank onboarding methods
Tue, 14th May 2024
#
financial systems
#
fintech
#
cfo
Research by Encompass Corporation reveals that 87% of corporate treasurers in the UK and US abandon banking applications due to outdated onboarding processes.
Story image
YES BANK & EBANX to boost Indian cross-border commerce
Fri, 10th May 2024
#
fintech
#
iaas
#
paas
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.
Story image
Parkable tech revives unused parking spaces, generates millions in revenue
Fri, 10th May 2024
#
fintech
#
cartech
#
financial systems
New tech by Parkable may boost Australian landlords' fortunes by converting underutilised city-centre parking into flexible spaces, tapping into millions of potential revenue.
Story image
Executives plan to boost generative AI investments, Accenture survey shows
Thu, 9th May 2024
#
it training
#
fintech
#
financial systems
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.
Story image
AI's role in shaping future workplaces explored in annual Work Trend Index
Thu, 9th May 2024
#
fintech
#
financial systems
#
ai
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.
Story image
ANZ small businesses weigh increased marketing amid economic concerns
Thu, 9th May 2024
#
fintech
#
cx
#
martech
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.
Story image
Kore.ai research finds AI preference among contact centre agents & consumers
Wed, 8th May 2024
#
uc
#
fintech
#
cx
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.
Story image
Check Point report shows 154% rise in cloud security incidents in 2024
Tue, 7th May 2024
#
fintech
#
cloud security
#
advanced persistent threat protection
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.