In a transformative wave sweeping through Australia's financial sector, open banking is redefining the dynamics of the massive $3 trillion mortgage market, with brokers emerging as the driving force behind this digital revolution. Enabled by the Consumer Data Right (CDR) framework, which has been
The landscape of financial services is experiencing a seismic shift, driven by the emergence of generative artificial intelligence (Gen AI) conversational apps that promise to redefine how individuals engage with banking. Picture a scenario where a banking app doesn’t merely process transactions
The financial landscape is undergoing a seismic shift with the rapid rise of tokenized equities, digital assets that offer synthetic exposure to a company’s performance without the legal ownership, voting rights, or dividends tied to traditional stocks. This innovative sector, blending
The intersection of cryptocurrency and traditional finance has reached a pivotal moment, where the rapid evolution of digital assets is exposing critical vulnerabilities in long-standing banking systems, and as more mainstream financial institutions dip their toes into the crypto market, the risks
In a groundbreaking development for Malaysia's financial sector, a new player has emerged that promises to redefine banking with cutting-edge technology, marking a significant milestone as the fifth institution of its kind to receive a license from Bank Negara Malaysia. This digital bank, heralded
In an era where digital transformation is reshaping the financial sector at an unprecedented pace, a staggering 84% of global financial services firms have recently revamped their cloud strategies to address pressing concerns around regulatory compliance, data security, and operational stability.
