Online Banking stories

Two-thirds of UK consumers see faulty software updates as unacceptable as contaminated food, following major CrowdStrike outages.

A Ping Identity survey reveals that 75% of Britons feel they lack control over their online data, fuelling concerns over privacy, fraud, and identity theft.

A new FIS survey reveals security is the top concern for online banking in Singapore, with 56% noting increased fraud attempts and millennials most affected.

Millennials and men, particularly those aged 35-44, are most frequently targeted by financial fraud, reveals an Arbuthnot Latham survey.

Outpayce, fintech arm of Amadeus, is licensed by the Bank of Spain to offer regulated payment services and issue prepaid virtual cards, consolidating its position in Spain's e-money market.

Despite a surge in digital banking, 58% of Australians remain uncertain about AI-enhanced services due to job loss fears, data security concerns, and a preference for human interaction, says a Publicis Sapient study.

Spirent Communications joins forces with an online payments platform to enhance cyber defenses using its advanced CyberFlood software, aimed at improving the scalability and efficacy of network defenses.

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

The Regional Investment Corporation (RIC) and Infosys Finacle have successfully launched the SaaS-based Finacle Digital Lending Solution, streamlining RIC's operations and lowering costs.

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

Banking without borders is pivotal for 40% of UK adults considering relocation abroad amid concerns about financial difficulties.

A recent survey reveals growing distrust among Australians towards online banking security, with 65% of respondents expressing apprehension over identity theft risk.

Mantel Group has become an AWS Partner, having achieved AWS Resilience Services Competency through CMD Solutions.

CBA and Vodafone join forces to combat the surge in SMS scams, using real-time intelligence to safeguard customers.

Kelly Technology partners with UnionDigital Bank to introduce an innovative trading platform in the Philippines.

DerSecur, a cybersecurity start-up, is offering a free vulnerability check for mobile and web apps at this year's Govware event in Singapore.

Cloud banking leader, Mambu, increases customer base in Australia's fintech sector, partnering with 10 major providers.

By incorporating open banking with a customer-centric approach, the payment landscape is rapidly transforming, forcing businesses to adapt or get left behind.

AI is transforming the finance sector, improving customer service, battling fraud, and making repayments efficient.

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