Banking stories - Page 24

Cogo and Tandem Bank are deepening their partnership to introduce a carbon management feature in Tandem's banking app, promoting greener consumer choices.

British neo-bank ANNA has launched biometric re-authentication to enhance security, requiring selfies to prevent unauthorised access to business accounts.

A new report from Applause reveals nearly 100,000 digital bugs across Europe, urging companies to adopt comprehensive digital quality frameworks to mitigate issues in key domains.

Two-thirds of UK consumers see faulty software updates as unacceptable as contaminated food, following major CrowdStrike outages.

A Ping Identity survey reveals that 75% of Britons feel they lack control over their online data, fuelling concerns over privacy, fraud, and identity theft.

Trend Micro's 2024 Cyber Risk Report highlights America as the top-risk nation, citing vulnerabilities in banking and critical infrastructure sectors.

Climate X's report reveals that most major banks are ill-prepared for climate risks, with only 7 of 50 meeting over half the criteria.

Kore.ai unveils GALE, a groundbreaking Generative AI and LLM platform designed to revolutionise enterprise productivity and innovation through rapid AI application development.

Commercial revenue from quantum technology is set to soar from USD $2.7 billion in 2024 to USD $9.4 billion by 2030, a new study reveals.

A survey by OutSystems and KPMG reveals that AI adoption has cut development time by up to 50% for 75% of software executives, reshaping their roles.

AI is reshaping software development, with 75% of firms reporting up to 50% faster project completion. OutSystems and KPMG reveal ongoing challenges but foresee a bright future.

Visa partners with Banked to unveil Visa A2A, a revolutionary system set to transform account-to-account payments and enhance security for UK consumers. Launching in 2025.

Nearly one-third of the world's largest banks now disclose AI use cases and ROI, with UK banks like Barclays and NatWest tripling AI references over the past year.

Genetec and STid unveil a new I/O module for high-assurance access control, available in Q4 2024, targeting stringent European cybersecurity regulations.

Aryza Group has acquired Axcess Consulting in a strategic move to enhance its APAC presence and extend its loan management software solutions globally.

Dominic Wade joins newly rebranded Zempler Bank as CFO and Executive Director, bringing two decades of financial expertise from Alba Bank, Unity Trust Bank, and NatWest.

Celonis launches its Platform Apps Program, introducing domain-specific applications developed with partners to enhance banking, manufacturing, and more.

The UK leads the charge in adopting contactless payments, as Marqeta's report reveals 80% of UK consumers used them last week, nearly double that of the US.

A survey reveals a third of Brits faced tech glitches in banking last year, with 30% eyeing bank switches. Roq's Paul Darby stresses tech reliability.

A global IT outage linked to Crowdstrike's software has caused widespread chaos, highlighting the urgent need for enhanced cybersecurity across key sectors.