Lack of cyber-attack preparedness leaves Australian businesses vulnerable despite lift in breach notification compliance

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Despite enhanced cyber maturity, beefed up cyber budgets and improved security posture, many Australian businesses still lack the ability to act quickly and comprehensively in the face of a cyber security attack. The key take-away from accounting and professional services firm BDO in Australia’s annual Cyber Security Survey, which – in conjunction with leading cyber […]

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Earlytrade attracts AUD6 million investment to solve late payments

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Earlytrade, an Australian fintech pioneering early payment of invoices from large corporates to their suppliers, has announced the newly formed venture fund Shearwater Growth Equity has become shareholders in the business. Shearwater, whose founding partners sit on the board of ASX-listed technology giant WiseTech Global, have invested AUD2.5 million out of the total capital raised […]

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Four emerging trends in insurtech

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You might think that Australia is behind the rest of the world when it comes to insurtech – but it’s not. After seeing what’s on offer in both Europe and Australia recently, I identified four key insurtech trends. 1. Data is improving insurance products Many incumbent insurers have legacy systems that hold important data. An […]

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Overcoming digital disruption is not just about technology

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Disruption and transformation is not all about technology. It is as much about educating leaders and empowering people to transform, says a leading not-for-profit. As recently reported in the media, many boards do not understand digital disruption and the associated need to transform well enough[1]. And not enough board members and senior executives want to […]

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Avoka launches Workspaces module to assist bank and credit unions

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Avoka, a Temenos company and SaaS leader in digital customer journeys in banking, has announced the launch of Workspaces, a new module of the Avoka platform within the Temenos Infinity product. Workspaces is a digital review and approval workspace for retail banking and credit union staff, built to support resolution and customer service for account […]

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The art of the password

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Our top tips for password management within Advice businesses When it comes to cyber security, the password is the topic de jour. Everyone knows that a password is the most common mechanism to provide authentication. Positively, unlike facial and fingerprint recognition, passwords can be changed. However, the problem with “the password” is through 20 years […]

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ANZ’s OnePath reinvents insurance experience for customers

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ANZ OnePath has rebuilt its underwriting system to launch a simpler, more intuitive experience for customers applying for OneCare insurance. Developed in partnership with the University of Technology Sydney’s (UTS) Advanced Analytics Institute, OnePath’s new underwriting system has taken ten years of OnePath data and used Artificial Intelligence (AI), data science and data analytics to […]

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MLC Life Insurance launches new reward for customers using digital underwriting platform

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MLC Life Insurance has announced a reward for customers who purchase life insurance cover through our digital underwriting platform. The Digital Application Reward (DAR) will apply to new MLC Life Insurance customers whose advisers use the platform to lodge their application. From 5 November 2018 to 11:59pm 5 May 2019, customers whose applications are submitted […]

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Synchron launches new app for advisers

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In its quest to further leverage technology for the benefit of its advisers, Synchron has unveiled a second smart phone app. Called the Synchron Prof Development app, it follows on the heels of the Synchron Conference app launched last year. Similar to the Conference app, the PD day app allows advisers to view and register […]

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Technology will fundamentally change investment industry but not all institutional investors are ready

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Institutional investors worldwide expect that new technology tools will significantly reshape the investment industry landscape by 2025, but a large proportion are yet to test the water with emerging technologies, according to the latest Fidelity® Global Institutional Investor Survey. The survey, which is the largest of its kind with responses from 905 institutions in 25 […]

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