Banking stories - Page 39

Check Point’s mid-year report highlights a 50% rise in mobile banking malware attacks, yet cryptominers see a decline in activity in 2019.

TSB partnered with global banking software company Temenos to implement Temenos Infinity, a digital front office product that accelerates customer growth.

Zinnov projects a 47% annual surge in the RPA services market, hitting USD $4B by 2024, driven by intelligent automation and deepening tech partnerships.

A new mobile malware variant, Agent Smith, has infected 25 million devices worldwide by exploiting Android vulnerabilities, with 15 million affected in India.

Tech giants Apple, Google, and Amazon eye financial services, potentially shaking up New Zealand's market, warns FintechNZ's James Brown.

Druva has acquired hybrid cloud data protection firm CloudLanes to enhance its edge-to-cloud capabilities, making data more accessible and secure.

True number of cyber attacks in New Zealand likely higher than reported, says FintechNZ manager. Only 6% of firms have adequate protection.

A major ImmuniWeb study reveals that many global banks exhibit Swiss cheese-like cybersecurity, with glaring gaps endangering compliance and customer safety.

New Zealanders reported direct financial losses of $1.7 million. While that is still a substantial loss, the figure is a 71% drop from the previous quarter.

As the chair country of ASEAN, Thailand aims to advance the community towards a future that includes a digital ASEAN.

As organisations progress to harness the benefits of AI, consumers, employees and citizens are watching closely and are ready to reward or punish behaviour.

At home and abroad, companies anticipate cyber-crime will be the most disruptive economic crime of 2019 and 2020.

PaySauce has raised USD $1.5 million from Cleary Wealth Management clients to bolster expansion and cover NZX listing costs, marking a successful year.

ANZ, Commonwealth Bank, IBM, and Scentre Group and Westpac have launched a new pilot program that will bring blockchain into the retail property lease system.

A global survey by deVere Group reveals 55% of banking and financial services customers now use fintech, underscoring rapid digitalisation in finance.

Ambit has opened its first Australian office in Sydney, with CEO Josh Comrie relocating to lead the expansion following an NZD $1.75M capital raise.

AI software firm Aider has been named as one of 10 startups to take part in Mastercard's Start Path programme.

Kiwibank backs RBNZ's move to hike banks' capital reserves, urging fair rules for local and offshore banks to keep competition balanced.

TIBCO and Ping Identity have partnered to enhance API security, integrating TIBCOCloud Mashery with PingIntelligence’s AI-driven threat detection.

While only 13% of organisations use AI and machine learning to detect and deter fraud, another 25% plan to adopt such technologies in the next year or two.