Large technology firms like Facebook, Amazon and Google are a bigger threat to banks than fintech startups says the World Economic Forum, in a report which dissects the evolving landscape for financial services.
Rabobank has built a 3D model of its own organisation and supporting IT systems to help visualise improvements that can be made as it embarks on its digital transformation programme.
Commonwealth Bank of Australia is putting its experimental humanoid robot Chip to work at Sydney Airport to assist Air New Zealand customers as they check in at the gate prior to boarding.
Singapore's DBS is to invest SG$20 million over five years on a new 'digital curriculum' to educate its 10,000 Singapore employees on disruptive trends and emerging technologies that are reshaping financial services.
Hyper Anna, a Sydney-based Australian start-up that provides financial services organisations with a virtual data scientist which is available at the touch of a button, has secured a $16 million series A funding round.
Fiserv is looking to gain an edge on competitors in the fast moving world of real-time payments by acquiring UK-based vendor Dovetail.
TransferWise is preparing a $60 million capital raise that will see its value sail up to the $1.5 bilion mark, according to a report on Sky News.
HSBC has selected software from Capita to underpin a new broker distribution channel for mortgages.
The Australian government has announced plans to strengthen its anti-money laundering rules with new reforms that will include digital currencies for the first time.
The CEO of Indian IT services giant Infosys has unexpectedly resigned, citing a falling out with the company's founders.
© Finextra Research 2017