4 Predictions for Digital Finance in 2025 – Tempemail

Sourced from Finance Monthly. The digital transformation of the finance sector has continued relentlessly throughout 2020. Industry is already starting to see the paybacks from making small, incremental changes to financial workflows by adopting emerging technologies. The pandemic is accelerating the speed of change and catalysing more investment in end-to-end Continue Reading

5 Reasons Why AI could be the Future of Finance – Tempemail

The role of the chief financial officer (CFO) has expanded beyond the traditional gatekeeper to financial resources, chief accounting officer and head recordkeeper. Today, CFOs in the digital enterprise are enablers of growth and strategic advisors to the CEO. Accenture research shows that 80% of CFOs see identifying and targeting Continue Reading

Turkey’s battered currency rises after finance chief resigns Recep Tayyip Erdogan Finance minister lira Dollar Turkey- Tempemail

The Turkish lira firmed against the dollar on Monday a day after the finance minister, who is also the son-in-law to President Recep Tayyip Erdogan announced his resignation on social media. The lira was up by 2.6%, trading at 8.29 against the dollar, even though it was not immediately clear Continue Reading

Chinese APT Group Targets Media, Finance, and Electronics Sectors – Tempemail

Cybersecurity researchers on Tuesday uncovered a new espionage campaign targeting media, construction, engineering, electronics, and finance sectors in Japan, Taiwan, the U.S., and China. Linking the attacks to Palmerworm (aka BlackTech) — likely a China-based advanced persistent threat (APT) — Symantec’s Threat Hunter Team said the first wave of activity associated with this campaign Continue Reading

Westpac, CBA, NAB see IT security risks if consumer data right expands – Finance – Security- Tempemail

Westpac, CBA and NAB want to see a centrally-coordinated security operation set up to protect consumers and industry participants from attacks and exploits of consumer data right functions. The banks laid out a series of security concerns in submissions to a Treasury inquiry that is scoping future directions for the Continue Reading

CBA AI trial brings IBM, Ascent together – Finance – Software- Tempemail

An artificial intelligence trial that saw Ascent and IBM team up to improve regulatory compliance at the Commonwealth Bank has resulted in a formal partnership between the two vendors. The pair cited the proof-of-concept at CBA when announcing the tie-up aimed at helping other financial institutions to better manage their Continue Reading

Trail of missing Wirecard executive leads to Belarus – Finance- Tempemail

Former Wirecard chief operating officer Jan Marsalek travelled to Minsk soon after he was suspended and may still be in Belarus or Russia, a German magazine reported on Saturday. Marsalek, a central figure in the collapse of the German payments company, remains at large but his whereabouts have been a Continue Reading

Japan puts central bank digital currencies on policy roadmap – Finance- Tempemail

Japan will look closer into whether to issue central bank digital currencies (CBDCs), the government said in its annual policy roadmap, a sign that Tokyo may be warming to the idea as the coronavirus heightens demand for cashless payments. In its first-ever reference to digital currency in the annual plan, Continue Reading

Westpac to start consolidating bank ops onto new core network within weeks – Finance – Networking- Tempemail

Westpac will kick off the third and final phase of its long-running core network transformation within weeks, when it starts migrating all its different business units to run off the new single core. The core network transformation is one of two major programs of work run out of the bank’s Continue Reading