ChannelLife New Zealand - Industry insider news for technology resellers
New Zealand

Banking Stories - Page 71

Kiwi Stories

Banking stories

Global Stories

Banking stories

Australian executives predict AI-driven business growth in 2024
Fintech

Australian executives predict AI-driven business growth in 2024

A new survey by OpenText Cybersecurity reveals that 92.5% of Australian executives in MSPs and MSSPs foresee significant business growth driven by AI investments in the next year.

By Catherine Knowles • 3 min read • Tue, 11th Jun 2024
Bank partners with Newgen Software to digitise onboarding
Fintech

Bank partners with Newgen Software to digitise onboarding

Centennial Bank partners with Newgen Software to digitise onboarding, enhancing customer experience with a streamlined, low-code automation solution.

By Melania Watson • 2 min read • Fri, 7th Jun 2024
HID integrates U.ARE.U camera system with Amazon Rekognition
Hyperscale

HID integrates U.ARE.U camera system with Amazon Rekognition

HID integrates its U.ARE.U Camera Identification System with Amazon Rekognition, enhancing facial analysis and verification for self-service and POS environments.

By Shannon Williams • 3 min read • Wed, 5th Jun 2024
Digital trust underfunded despite its growing importance
Digital Transformation

Digital trust underfunded despite its growing importance

A new ISACA report reveals organisations worldwide recognise the rising importance of digital trust but substantially underfund initiatives.

By Shannon Williams • 4 min read • Wed, 5th Jun 2024
US consumers spend USD $331.6 billion online in first quarter 2024
Data Analytics

US consumers spend USD $331.6 billion online in first quarter 2024

US consumers spent USD $331.6 billion online in Q1 2024, with groceries, electronics, and apparel driving growth, Adobe Analytics reveals.

By Sean Mitchell • 4 min read • Thu, 30th May 2024
First AML & Armalytix join forces to elevate AML processes
Fintech

First AML & Armalytix join forces to elevate AML processes

First AML has partnered with Open Banking tech platform Armalytix to boost Source of Funds and Source of Wealth capabilities for large conveyancing firms.

By Kaleah Salmon • 3 min read • Thu, 30th May 2024

Stories from Other Regions

Banking stories

AI adoption among Australian SMEs to surge by 2026, survey finds
Fintech

AI adoption among Australian SMEs to surge by 2026, survey finds

A survey by Small Business Loans Australia reveals 25% of SMEs are using AI, with 60% planning adoption by 2026. NSW leads, while medium-sized businesses show the highest uptake.

By Catherine Knowles • 3 min read • Fri, 14th Jun 2024
Xero introduces AI tool JAX to boost accounting accuracy
Fintech

Xero introduces AI tool JAX to boost accounting accuracy

Xero has unveiled JAX, a new AI-powered smart business companion, at Xerocon London, promising enhanced accuracy in accounting tasks for small businesses.

By Imee Dequito • 3 min read • Thu, 13th Jun 2024
Finance professionals lead in AI adoption, report reveals
Crypto

Finance professionals lead in AI adoption, report reveals

Finance professionals lead AI adoption, with 63% utilising it for fraud detection and risk management. Marketing and sales show lower usage at 27% and 19%.

By Melania Watson • 3 min read • Fri, 7th Jun 2024
OpenPayd's annual recurring revenue tops GBP £40 million
Digital Transformation

OpenPayd's annual recurring revenue tops GBP £40 million

OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.

By Melania Watson • 2 min read • Fri, 7th Jun 2024
UK SMEs eye global expansion despite banking challenges
Fintech

UK SMEs eye global expansion despite banking challenges

A new report by IFX Payments reveals that 78% of UK SMEs are set to expand globally despite facing challenges from ring-fencing regulations and Brexit.

By Catherine Knowles • 4 min read • Thu, 6th Jun 2024
Australian customer experience quality stagnates or declines
Customer Experience

Australian customer experience quality stagnates or declines

Forrester's report reveals that customer experience quality in Australia has stagnated or declined since 2020, with banks and government sectors hit hardest.

By Kaleah Salmon • 3 min read • Thu, 6th Jun 2024
Endava accelerates Australian growth with key acquisitions
Unified Communications

Endava accelerates Australian growth with key acquisitions

Endava restructures leadership and strategy post-acquisition of Mudbath and DEK Technologies, enhancing its Australian capabilities for significant digital transformation growth.

By Imee Dequito • 3 min read • Wed, 5th Jun 2024
Jio launches 'JioFinance' app to revolutionise digital banking
Digital Transformation

Jio launches 'JioFinance' app to revolutionise digital banking

Jio Financial Services launches the 'JioFinance' app beta, aiming to revolutionise digital banking and financial activities for Indian citizens.

By Kaleah Salmon • 3 min read • Wed, 5th Jun 2024
Trustly reports robust growth with US$58 billion in transactions
Fintech

Trustly reports robust growth with US$58 billion in transactions

Trustly's 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.

By Catherine Knowles • 3 min read • Thu, 30th May 2024
NSW launches first comprehensive Digital Inclusion Strategy
Unified Communications

NSW launches first comprehensive Digital Inclusion Strategy

NSW launches its first comprehensive Digital Inclusion Strategy to bridge the digital divide, inviting public and stakeholder feedback on the initiative.

By Catherine Knowles • 4 min read • Thu, 30th May 2024
The three trends supporting fintech growth in Australia
Data Analytics

The three trends supporting fintech growth in Australia

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.

By Annexa • 5 min read • Thu, 30th May 2024