article thumbnail

Modernizing payments without disrupting legacy checks systems

IBM Big Data Hub

The Australian government is officially phasing out checks by 2030 as part of a wider range of payment reforms for the digital era. In circumstances like this, financial institutions still need to process checks quickly and securely during the transition period, as checks remain a legacy payment system for the time being.

article thumbnail

Australia: Cyber security round-up – new Cyber Security Strategy, data breach stats and more

DLA Piper Privacy Matters

Author: Sarah Birkett Cyber Security Strategy discussion paper launched This week saw the launch of a discussion paper for the Australian Government’s 2023-2030 Australian Cyber Security Strategy. The discussion paper refers to the lofty aim of making Australia the most cyber secure nation by 2030.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CaixaBank CIO Pere Nebot discusses modernizing business operations for an enhanced, customer-centric experience

IBM Big Data Hub

For years, the bank has been part of IBM’s growing ecosystem of financial institutions and technology partners leveraging IBM Cloud for Financial Services to help deliver more improved customer services and products better tailored to each individual customer’s financial needs.

article thumbnail

eIDAS 2.0 REGULATION WILL CHANGE IDP USE CASES INCLUDING ID CAPTURE IN THE EU

Info Source

End customers and service providers need to adjust their process steps to support the additional input source and more importantly the hybrid inputs which will shift towards eIDs. EU LEGISLATION FRAMEWORK The eIDAS regulatory framework is an element of the European Commission’s 2030 Digital Decade Programme.

article thumbnail

How AI is fueling the growing market for cloud-based data unification

Reltio

Data fragmentation and silos are common challenges faced by various industries, including financial services, insurance, B2B, and retail. By our estimate, the market for these solutions is growing 15% compounded annually with the potential to reach $50 billion by 2030.Âą

article thumbnail

How deep industry expertise enables breakthrough technology for today’s complex business needs

IBM Big Data Hub

Major industries, such as financial services, healthcare, retail and telecom and media, made their initial leap to cloud over a decade ago. The overall engagement supports the company’s decarbonization goal to cut greenhouse gas (GhG) emissions intensity by 25% by 2030.

Cloud 69
article thumbnail

The Economy of Things: the next value lever for telcos

IBM Big Data Hub

The number of IoT connected devices are growing in practically every industry, and is even predicted to reach 29 billion worldwide by 2030. Vertical data platforms owned and operated by telcos and targeting a specific industry such as automotive, agriculture or financial services already exist today.

IoT 51