Banking news stories

SC Ventures has launched Appro, a fintech startup, to simplify the retail banking user journey, aiming to foster greater efficiency in application processes for retail banking products.

"The threat landscape is evolving rapidly, and mobile malware is a significant danger for both personal and enterprise security.”

ASB is helping 18 to 24-year-olds take advantage of financial possibilities and better understand the world of money.

The launch will enable businesses in New Zealand to tap into Airwallex's global payments services, offering an alternative to traditional banks.

A new report gives payment providers a forward-looking view of the evolution of payments and investment drivers for modernisation.

The majority of Australians are beginning to examine fees more closely. Unfortunately, no transaction is completely and always ‘free’. 

In just a few years, well-funded fintech firms, mobile wallets, trading apps and digital-only banks have revolutionised the centuries-old banking industry.

"The pandemic put a sudden, massive burden on SMEs globally, and they didn't think banks did enough to help them."

Researchers at cyber security firm ESET have analysed three malicious Android applications targeting customers of eight Malaysian banks.

When it comes to convenience around data sharing via screen scraping, consumers have less control, security and transparency."

A new report by Zeller has revealed that the majority of regional businesses in Australia have been impacted as a result of branch closures by the big four.

Open finance is expected to become the standard for consumers' financial welfare and empowerment, according to an Aotearoa fintech research report.

GPS, the global payment technology platform catering to a variety of fintechs, has announced a new strategic partnership with Mastercard.

As the cyber threat landscape evolves and becomes more dangerous every year, protecting IT infrastructure will only become more challenging.

Bankless Times has recently carried out research that highlights an increase of 4200% in global Bitcoin ATMs in the past six years. 

Cybercriminals are forgoing low hanging fruit to target banking and gaming, according to a new mobile threat report from Kaspersky.

There's a new cohort of customers using digital banking for the first time, a host of contactless and mobile payments, and a growing range of QR-code, order-at-table apps.

This year is set to be a defining year for the banking industry as it enters a period of unprecedented transformation.

The partnership includes increased investment in Microsoft’s cloud computing service, Azure, which will help to modernise Westpac.

The agreement will see ACI provide and run Kiwibank's newly installed, full capability Payment Hub: a SaaS solution hosted in the Microsoft Azure cloud.

"Chris is an excellent choice to spearhead our tech advancements in the region, and I am confident he will be a valued partner to our banking clients."

"Financial wellness is more than spending wisely and having healthy savings levels - it is also about keeping our money safe and not losing it to bad guys."

"Businesses all over the world are simply pouring their money down the drain in unnecessary fees."

DigitalX has announced the appointment of experienced finance industry executive Lisa Wade as CEO.