Cybersecurity and threat news for Europe, the Middle East & Africa
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Westpac NZ collaborates with local AI startup
“Banking relationships are critical to SMEs and we look forward to working with Westpac to help serve their customers.”
Unisys: Users looking for data security when choosing banks
The report studied attitudes of banking customers in Hong Kong, Australia, New Zealand, the Philippines and Taiwan.
ForgeRock achieves open banking compliance certification
FAPI is an open standard designed for banks and fintechs in Europe and around the world to build Open Banking standards for secure exchange of consumer financial information.
Why Aussie banks should prioritise data security
New research reveals that Australian bank customers rank data security as the issue that matters to them most.
Security top priority for Filipinos when choosing a bank - Unisys
Filipinos have greatest appetite in Asia Pacific to use biometrics to access banking services
Massive AI market growth to be driven by retail, banking
Spending on AI will hit close to US$36 billion with retail leading the way, followed by banking, according to IDC.
573 days: Financial sector slow to fix vulnerabilities
Financial services companies took 29 days to address a quarter of their vulnerabilities in coding, and 573 days to remediate all open vulnerabilities.
NZ has a bright future in fintech
“We are seeing a real openness to open banking and a number of the banks have 20 or 30 collaborative Fintech projects on the go.”
Interview: Hitachi Vantara talks challenges of compliance in financial services
Technology is advancing a lot quicker, and the incumbent banks need to be more up to speed but are held back by a lot of legacy systems.
Financial services breaches nearly triple in two years - Bitglass
“Financial organisations regularly handle sensitive, regulated data like home addresses, bank statements and Social Security numbers.”
SMEs need support in volatile economic times, says Canstar
Canstar general manager Jose George says every SME needs to be both flexible and responsive.
Hackers using spearphishing to target banks –Bitdefender
To limit the risk of being discovered, attackers operated outside of normal business hours and cashout operations were planned for weekends.
IDC - APeJ blockchain spending ready to skyrocket
Asia/Pacific (excluding Japan) spending on blockchain solutions to reach US$2.1 billion in 2022, according to the latest IDC report.
NZ-UK fintech collaboration could shake up traditional finance sector
If New Zealand and the UK collaborated on fintech projects, what kinds of challenges would we face and how could regulations shape our activities?
ThetaRay scoops Asian Banker Risk Management Award
ThetaRay has won the 2018 Asian Banker Risk Management Award for ‘Regulatory Technology Implementation of the Year’ award this week.
Schneider Electric behind Papua New Guinea's new data center
The data center will support a cash distribution center that will be ready for business early next year.
Securing SWIFT networks vitally important for cyber attack prevention
Businesses that use the SWIFT network must comply with SWIFT’s Customer Security Programme (CSP) or face the risk of attacks.
Bank Negara Malaysia stops SWIFT fraud in its tracks
Falsified SWIFT messages were used to attempt unauthorized fund transfers, which were blocked through a collaborative effort.
$240m Singapore data center sets the bar high for energy efficiency & security
“As data centers generally consume large amounts of energy, we set ourselves a target – to obtain the highest Green Mark award from BCA."
ASB and Kiwi tech startup launch digital human to help SME clients
Josie was created by ASB in partnership with New Zealand technology company FaceMe.
Datacom expands fintech footprint with $20m deal
Finzsoft’s professional services team will move to Datacom, although customer contracts will remain with Finzsoft.
Pakistani telco inks data center hosting deal with nation's largest ATM network
“PTCL’s customer-centric strategy coupled with its modern & reliable network is the first choice for enterprises to avail one-window ICT solutions.”
More than the money: The future potential of blockchain
Blockchain is more than a buzzword thrown around in banking circles; it’s the future of distributed security.
Interview: zipMoney on disrupting the consumer credit market & that $40m Westpac investment
They knew that Australian consumers were unhappy with credit cards and other debt facilities - especially millennials.