The Importance of Information Security for Banks

Infographic | November 19, 2021

Open banking technology platforms exhibit double and triple-digit revenue growth (figure 1) These platforms showcase triple-digit revenue multiples: Truelayer, Railsbank and Tink have valuations of more than 100x revenue (figure 2) High M&A and funding activity drives growth and valuation, and the cards schemes are also in the game (figure 2) Data aggregation and payments are the most common use cases, followed by personal finance, credit scoring, and business management (figure 3) Open banking platform services largely address banks and select verticals such as iGaming, insurance, and property management today. Payments and credit scoring are the most applied services across many verticals (figure 4)

Infographic | March 9, 2020

How well we manage our money is more important for our financial wellbeing than the size of our income. You see…the default for most of us is to pay for whatever we need to pay for and then “save” the rest. This is not a sound financial plan. Most Australians live pay cheque to pay cheque. While there are numerous root causes for this, they all manifest as a failure to manage money effectively.

Infographic | May 6, 2020

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Infographic | December 12, 2019

KPMG International’s Future Ready Finance Global Survey provides key insights on finance’s priorities, challenges and capabilities. The good news is that success is achievable. Indeed, Finance functions at high-performing companies have not only been able to adapt to this new environment, but to thrive in it.

Infographic | November 30, 2021

With the acceleration of digital business, financial services organisations need to ensure their IT capabilities keep up with customer and employee demands. Seamless connectivity, end-to-end security and cloud readiness are just some of the IT prerequisites that the industry must address to support hybrid working models, compete with newcomers to the sector and comply with evolving regulations.

Infographic | March 9, 2020

Change is not easy for any type of organization. More so for companies who have to abide by strict laws and regulations like financial institutions. Most existing banking and related laws are based on outdated legacy systems of traditional companies that are not flexible and do not necessarily reflect the current financial ecosystem.