Data

Jessica Yun

Alibaba Cloud, the Chinese internet giant’s cloud computing arm, has inked a deal with domestic technology provider TAS to provide Australia’s financial services industry with cloud computing services such as image recognition and AI.

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Treasurer Scott Morrison has appointed an independent chair to the Data Standards Body, which will oversee the open banking regime.

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Jessica Yun

More than half of Australian institutional investors foresee adoption of artificial intelligence technology into financial services institutions, according to Chicago-based custodian Northern Trust.

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Jessica Yun

Recommendations made in the final report of Treasury’s commissioned review into open banking will be implemented mid-next year.

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Jessica Yun

Danish investment bank Saxo Bank has struck up a partnership with Microsoft Cloud and will run its banking, trading and investment platforms on the tech giant's cloud service.

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