Banking stories - Page 24

Cogo partners with AI-firm Personetics, pioneering climate-conscious banking by aiding customers in understanding and managing their carbon footprints based on their spending habits.

Simon Noonan appointed as the new Chief Technology Officer at MYOB in line with their mission to improve services and drive innovation for businesses in Australia and New Zealand.

The banking industry is seeing a significant acceleration in AI innovation, with a rise in new patents and research publications.

Rapid rise in cybercrimes forces urgent global reappraisal of security strategies in government, defence, and IT sectors amid projections of cybersecurity services market growing to $445.3bn by 2032.

Emerge, a disruptive platform aimed at revolutionising New Zealand's business banking landscape, has launched.

Angel Investment Network's 2024 survey reveals that Angel investors' motivations shift towards positive impact over financial gain, highlighting new trends and potential pitfalls for start-ups.

Celonis and Sailfin Technologies unveil AI-driven suite to optimise AR operations, promising enhanced cash flow, greater productivity, and potential million-dollar savings.

BioCatch has joined forces with Google Cloud to combat soaring financial cybercrime in Southeast Asia with real-time biometric intelligence solutions.

Accountants and bookkeepers are poised to unlock lucrative opportunities by venturing into the overlooked professional services advisory sector.

LeapXpert introduces GenAI application, Maxen, envisioned to revolutionise client communications and enhance the productivity of relationship managers, with the official launch set in March 2024.

Economic stress leads 81% of NZ's SMEs to express concern over securing funds, forcing them to explore alternative finance methods.

NormCyber, a Fareham-based risk management firm, rolls out an Incident Response Readiness Assessment service to combat a 64% rise in cyber incidents by simulating attacks and fine-tuning their response.

London's Ripjar launches Compliance CoPilot, an AI-risk management assistant, aiming to revolutionise threat monitoring.

Netsafe forms a coalition with CYBERA, Dolla, and Akahu to aid New Zealanders in recovering funds lost to scams, targeting banking, crypto, and telecom sectors.

Australian mortgage broking industry pivots towards Open Banking, with the number of brokers using NextGen's solution tripling, amid potential legislative changes.

Genetec debuts innovative Security Center SaaS, a cybersecurity-focused unified service that integrates advanced physical security technology.

PPRO has bolstered its leadership, appointing Selene Brett as Chief Legal, Risk and Compliance Officer, and Marc Kuzak and Massimiliano Conte as Legal and Compliance Director respectively to bolster governance.

Lenovo's latest report highlights a 46% CAGR in ANZ's AI market, with 83% of CIOs confident about its competitive advantage; however, they note GenAI's significant data reliance and AI skill shortage as challenges.

SAS Customer Intelligence 360 achieves top status in The Forrester Wave: Real-Time Interaction Management, Q1 2024, reinforcing its crucial role in delivering hyper-personalised customer experiences.

BlackLine's Modern Accounting Playbook achieves the 1,000 customer milestone, attesting its swift implementation and effectiveness in streamlining corporate accounting operations in a few as five days.