Banking stories - Page 16

Australia's newest bank, Avenue Bank, revolutionises the bank guarantee market by digitising traditionally lengthy processes, benefiting landlords and small to medium-sized businesses.

BlackLine's Modern Accounting Playbook achieves the 1,000 customer milestone, attesting its swift implementation and effectiveness in streamlining corporate accounting operations in a few as five days.

Xero unveils AI vision and previews GenAI-powered business assistant, JAX, aiming to revolutionise accounting for small-scale businesses by automating tasks and delivering tailored insights.

MYOB expands partnership with global financial platform Stripe to streamline invoice payment and ease cash flow difficulties for Australian and New Zealand businesses.

UK licensed bank, Griffin, has opened applications for their early access programme, Foundations, which provides a full-stack Banking as a Service (BaaS) platform.

In a bid to streamline the hiring process for SMEs, Australian platform Employment Hero is expanding its capabilities through new integrations with Google Workspace and Microsoft 365.

Genetec has unveiled Security Center SaaS, an enterprise-grade solution expected to redefine cloud-based physical security with its comprehensive capabilities and cybersecurity measures.

Australian gaming company, VHS, pioneers a successful approach, integrating crypto, blockchain and cloud ERP in a virtual horse racing platform.

As businesses expand, basic accounting systems like Xero can limit growth. For more complex needs, businesses should consider transitioning to a flexible cloud ERP.

London-based Orbus is redefining the global digital landscape, with CEO Gareth Burton leading the company's mission to help businesses navigate complex digital transformations.

Nearly two-thirds of Australian professionals believe that AI will play a pivotal role in future business decisions and overcoming project management challenges, a GetApp survey reveals.

NextGen's digital lending technology, specifically its Verification of Identity service, NextGenID, boosts home loan approval efficiency, reducing approval times by 25% on the ApplyOnline platform.

Xero teams up with Sumday to enable accountants to manage carbon accounting for their clients, advancing the journey towards net-zero emissions for small businesses worldwide.

European Parliament's core groups ratified a landmark AI Act, potentially forming the world's first legislation on artificial intelligence technology usage, ahead of April's vote.

Craggle launches AI tool revolutionising home loan refinancing, aims to simplify the process and save Aussies millions annually.

BMO joins forces with tech firm Dynatrace to bolster their digital banking facilities, leading to efficient problem-solving and enhanced customer experiences.

Valentine's Day still attractive to UK consumers: 40% plan to spend on gifts and 42% intend to go shopping, despite 62% choosing not to observe, according to Airtime Rewards research.

Australian tech firm Notitia is to open a third office in Canberra, driven by rising demand for data and tech consulting.

Fortinet has unveiled a robust, compact appliance that intensifies secure networking and 5G connectivity for operational technology environments.

Quorum Cyber's 2024 report forecasts AI weaponisation and intensified threats from Russia, China, Iran and North Korea as major cybersecurity concerns.