In its first half of the FY24 report, Commonwealth Bank of Australia announced that, through “responsible scaling of AI,” it has already produced more than 50 generative AI use cases. The bank says that it will simplify operational processes and support new customer experiences. Beneath that dry language, it’s worth paying attention to what CBA
Australia is about to get a national online ID system — the Digital ID — which promises to improve the security and privacy of data online. However, concerns among Australians persist. In just a few months, Australians will have access to a new form of ID, which aims to make identification online much safer. It’s
Image: Adobe/Taras Vyshnya As far as deep tech goes, Australia’s greatest potential might be to look to the stars. Compared to some nations, Australia’s space industry is comparatively small. However, it is not insignificant, and the government anticipates that it will end up employing around 30,000 people by 2030. In 2021, with about half that
Australia’s Home Affairs Minister Clare O’Neil recently revealed details of Australia’s Cyber Security Strategy 2023–2030. Designed to protect Australia in a fast-moving threat environment, the strategy would rely on building six cyber shields around the Australian nation. Jessie Jamieson, staff research engineer for decision science operations at Tenable. However, Jessie Jamieson, staff research engineer for
Image: immimagery/Adobe Stock Australia’s telecommunications industry is set to follow the global telecom market in adopting generative AI use cases, as local providers face the prospect of losing ground to competitors in areas such as productivity and customer service if they don’t invest in the new technology. A survey from Amazon Web Services found global
The fintech sector has been a leading source of tech startup success in the Australian market. The sector is also a clear example of how technology buyers are changing the way they interact with startups. While local fintechs originally emerged in competition to banks and financial institutions, enterprise IT leaders are now often working with
Scams have become big business in Australia, thanks to a lack of a standardized approach in addressing them. That is set to change, with the Australian Competition and Consumer Commission approving a move for the financial sector to share insights and collaborate on new industry standards. Scams cost Australians $3.1 billion in 2022 — an
Australia has an e-waste problem, and for all the conversations around climate change, energy use, plastics and other ESG matters, it’s surprising that more isn’t said about it. Image: aicandy/Adobe Stock Currently, just 12% of the nation’s computers are recycled, and Australia is the fourth-highest generator of e-waste per capita. This a significant environmental risk
Despite resources dedicated to entrepreneurship, a lack of skilled onshore IT professionals is slowing Australia’s strides toward tech innovation. Image: sbuyjaidee/Shutterstock It is a challenging time to be an entrepreneur in Australia. The recently released IMD World Competitiveness Yearbook 2023 placed Australia 19th out of 64 nations for overall competitiveness. That wasn’t such a bad