Banking stories - Page 15

LeapXpert introduces GenAI application, Maxen, envisioned to revolutionise client communications and enhance the productivity of relationship managers, with the official launch set in March 2024.

Australian fintech Marmalade secures AU$16m to bolster its invoice payment solution for SMEs, aiming at mitigating cashflow issues and providing risk-free capital.

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

P&N Group boosts operational efficiency in business banking by implementing nCino's commercial banking solution, setting a new standard for customer experience and innovation.

NormCyber, a Fareham-based risk management firm, rolls out an Incident Response Readiness Assessment service to combat a 64% rise in cyber incidents by simulating attacks and fine-tuning their response.

A new survey by Blakely Clothing shows UK shoppers, aged 18 to 35, are veering away from fleeting fashion trends, favouring quality, comfort, and longevity in their clothing choices.

UK fintech firm Griffin successfully secures $24m funding and green light from PRA and FCA, becoming a fully operational bank.

London's Ripjar launches Compliance CoPilot, an AI-risk management assistant, aiming to revolutionise threat monitoring.

Netsafe forms a coalition with CYBERA, Dolla, and Akahu to aid New Zealanders in recovering funds lost to scams, targeting banking, crypto, and telecom sectors.

Australian mortgage broking industry pivots towards Open Banking, with the number of brokers using NextGen's solution tripling, amid potential legislative changes.

Bank Muamalat Malaysia reveals major digital transformation with Google Cloud and Trinitium, adopting a fully cloud-based model to provide personalised, digital Islamic banking services.

Genetec debuts innovative Security Center SaaS, a cybersecurity-focused unified service that integrates advanced physical security technology.

PPRO has bolstered its leadership, appointing Selene Brett as Chief Legal, Risk and Compliance Officer, and Marc Kuzak and Massimiliano Conte as Legal and Compliance Director respectively to bolster governance.

DCI Indonesia has launched its E1 Tier IV data centre in central Jakarta, offering high service quality and latency benefits to clients across sectors like banking, telecoms, manufacturing, and state-owned firms.

UK fintech company Payhawk aims to expand its London team by 44% following a successful year and the acquisition of its UK EMI Licence.

Lenovo's latest report highlights a 46% CAGR in ANZ's AI market, with 83% of CIOs confident about its competitive advantage; however, they note GenAI's significant data reliance and AI skill shortage as challenges.

UK hospitality industry can optimally utilise AI for revenue management, marketing and account handling, provided they process clean, ample data, industry insiders advise.

Dvara Money's tech-savvy union with Jana Small Finance Bank promises to propel digital banking in Bharat, optimising customer experiences through an integrated UPI solution.

Sendbird's new AI chatbot provides affordable AI solutions for small and medium businesses, offering seamless integration and obviating the need for technical resources for implementation.

SAS Customer Intelligence 360 achieves top status in The Forrester Wave: Real-Time Interaction Management, Q1 2024, reinforcing its crucial role in delivering hyper-personalised customer experiences.