Banks news stories

Fintech
Incumbent banks must embrace data-centric capabilities
Retail banks are lagging in their ability to offer true omnichannel experiences, as customers pivot to competitors that offer more personalised experiences.

VMware
Majority of banks paid ransom for cyberattacks last year
VMware's most recent report finds 74% of businesses experienced one or more ransomware attacks in the last year, with 63% deciding to pay the ransom.

Fintech
The fintech fraud epidemic: Banks aren’t getting worse, fraudsters are just getting better
Fintech fraud is growing rapidly. As society becomes increasingly reliant on technology, the unfortunate truth of the matter is it also becomes more vulnerable to cybercrime.

Banking
Covid-19 and international banking stalls NZ business global expansion
"Businesses all over the world are simply pouring their money down the drain in unnecessary fees."