Financial Services News

Financial Services News

  • Yasmine Masi
  • 28 September 2022
In an Australian first, Zip’s BNPL solutions have been integrated with PPRO’s global digital payments infrastructure.
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  • Yasmine Masi
  • 28 September 2022
CBA has made PayTo payments and digital authorisation capabilities available to customers to manage new payment agreements more securely.
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  • FST Media
  • 7 September 2022
CBA appoints new Group CIO; BoQ poaches new CIO from NSW Government; and P&N creates a dedicated Data and Open Banking head role. Appointments – The Commonwealth Bank of Australia (CBA) has appointed Gavin Munroe (pictured) as Group Chief Information...
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  • Yasmine Masi
  • 7 September 2022
Capital.com has appointed Angela Shi as the firm’s Chief Financial Officer for the APAC region to grow its local operations and footprint.
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  • FST Media
  • 7 September 2022
Payments standards and financial messaging service SWIFT has announced it has extended the capability of its recently launched Payments Pre-validation service, revealing it is now analysing cross-border payments transfer flows to better detect potential errors and help prevent delays in...
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  • FST Media
  • 7 September 2022
Australia’s big four banks – CBA, NAB, Westpac and ANZ – have announced their backing of Australian Payments Plus’ (AP+) forthcoming national identity infrastructure, ConnectID, with the banks to feature prominently in trials of the new digital ID network. AP+...
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  • Yasmine Masi
  • 7 September 2022
There have been calls to transform the approach to cyber security and data breaches to recognise their real impact on real people, as cyber-attacks continue to grow more sophisticated, according to Brian Grant.
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  • Yasmine Masi
  • 7 September 2022
Cyber security teams have been urged to adopt a more “diverse” approach to defending their data against malicious attacks that only continue to evolve in their sophistication, according to Standard Chartered’s Group Chief Information Security Risk Officer (CISRO), Darren Argyle.
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  • Patrick Buncsi
  • 7 September 2022
Financial services organisations should brace for a major overhaul of Australia’s privacy regulations within the next few years, including the introduction of “GDPR-esque” laws as well as increased enforcement powers for and activity by the Office of the Australian Information...
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  • FST Media
  • 1 September 2022
The success of The Commonwealth Bank’s (CBA’s) extensive, multi-year transformation program – involving the overhaul of decade-old legacy systems and business operations – was in large part predicated on the bank’s use of digital adoption platforms to augment traditional change...
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  • Patrick Buncsi
  • 31 August 2022
We’ve taken a snapshot of the Security Leaders’ Panel discussion featured at the Future of Security, Melbourne 2022 conference, with panellists unpacking the post-Covid threatscape for FSIs, how customer demand for ‘frictionless’ experiences can be balanced with effective cyber controls,...
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  • Patrick Buncsi
  • 31 August 2022
Board members with some level of digital literacy – and, moreover, those with an inflated sense of their tech abilities – may add substantially more cyber risk to digital infrastructure and to the direction of corporate cyber policies than those...
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  • Patrick Buncsi
  • 31 August 2022
Security engineers should work “shoulder to shoulder” with DevOps teams and cloud engineers to effectively bake in security within cloud environments from the get-go and ensure migration objectives can be delivered at pace, according to Medibank chief information security officer...
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  • FST Media
  • 29 August 2022
ASIC staff have delivered a scathing assessment of the regulator’s recently implemented Customer Relationship Management (CRM) platform, describing the system as a “major hindrance” and “a barely minimum viable product” that, rather than aiding enforcement efforts, takes up considerable resources...
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  • FST Media
  • 29 August 2022
Less than a year after its public launch, Aussie buy now pay later (BNPL) giant Afterpay has announced it will close its Money app, citing a change in strategic direction by its parent company, Block. In a statement released on...
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