Investments in modern business intelligence (BI), augmented analytics and robotic process automation (RPA) will help drive IT spending in the banking and securities sector, according to Gartner.
Despite the availability of real-time payments between banks and a proliferation of bill splitting apps, when it comes to divvying up the money for a group meal or round of drinks, Aussies still prefer to use cash, a Bankwest survey suggests.
One of Australia’s largest life insurers OnePath is continuing to invest in its inhouse AI underwriting engine, making more than 70 enhancements since its official launch in November.
Just because organisations have sought the legally required consent to use data doesn’t make them immune to a backlash from customers.
The World Bank’s International Bank for Reconstruction and Development has enabled secondary market trading of bonds created and managed using only blockchain, in partnership with Commonwealth Bank of Australia.
The CEO and managing director of Suncorp Group is leaving the company after four years in the role, the firm announced this morning.
Westpac is making its new chatbot available to all customers tonight, following a successful roll out to 2.8 million people in March.
Commonwealth Bank of Australia (CBA) has seen a 400 per cent increase in the number of payments made with a mobile since it introduced Apple Pay in January, the bank revealed today.
Business units are now the major drivers behind technology spend in Australia and New Zealand, causing business-wide integration challenges at unprecedented levels, an IBRS study has found.
The Bank of Sydney is on the hunt for a chief technology officer. The new CTO will be reporting to the bank’s CFO and will be responsible for leading and driving tech strategy.
Allianz Australia has appointed Mike Wood as its new chief information officer.
TEG has appointed product innovation and tech leader Greg Willis to the CTO role as part of a management restructure of the company’s ticketing and technology operations.
Recruitment and consultancy firm, Reo Group is on the hunt for a CIO while Deloitte Digital is eyeing a technology lead.
The Regtech Association (RTA) has welcomed the recommendations in the final report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, saying the changes represent a huge opportunity for the sector.
The Australian Prudential Regulation Authority (APRA) has today granted ‘challenger bank’ Volt a licence to operate as an authorised deposit-taking institution (ADI).