Banking stories - Page 46

Failed payments are costing the global economy over US$118.5 billion, with organisations losing customers as a result.

Xero has announced the launch of the Xero Responsible Data Use Advisory Council, educating small business owners on responsible data use.

IDC has also predicted the region’s public cloud services sector to reach a valuation of $124 billion by 2025.

The tools combine cash flow forecasting and advanced predictions, and are a ‘culmination of rigorous testing and development with the broader Xero community’.

Hay, the Australian fintech company, has launched its 'Hay-as-a-Service' solution with the support of Appian's Low-Code Automation Platform.

LinkedIn has experienced another huge data scape, the third in four months, with 600 million profiles for sale online.

After an extensive global executive search process, Link Group has appointed ANZ’s CIO Nicole Pelchen as the company's new Chief Technology Officer.

As the economies of Australia and New Zealand bounce back from the COVID-19 crisis, finance leaders should be focused on technological transformation.

UKG announces deployment of UKG Payroll by Payroll Metrics for customers in New Zealand as part of a partnership between the two companies.

Accenture study finds that banking CFOs must manage disruption and take a strategic approach to technology investment for success.

Nuance Communications finds respondents would prefer to use apps or websites for shopping and banking over going into a physical shop or branch.

One in four UK employees risk sharing confidential work information due to lack of knowledge, according to new research.

Consumers are one step closer to having more control over how their data is shared, as the UK Government plans to establish a consumer data right framework.

MYOB acquires enterprise solutions partners Axsys and Exobiz to enhance its direct sales and service channel for mid-market customers.

Australian omnichannel experience platform Brauz has partnered with Zoom to bring video to everyday shopping experiences.

Online payment fraud losses are set to exceed $206 billion over the next five years, driven by identity fraud, according to Juniper Research.

Organizations in 2021 are projected to spend $656bn on future of work technologies, a 17.4% increase over 2020, according to IDC.

Global Processing Services (GPS) has partnered with Currencycloud to offer cross-border payment solutions for financial institutions and fintechs.

McAfee has released its latest Mobile Threat Report that finds a surge in new attacks targeting people’s anxiety around COVID-19.

Nearly a quarter of New Zealand small and medium-sized businesses have been victims of cyber attacks, with phishing attacks being the most common form.