Cloud computing :A prominent USfintech’s interactive cloud platform solutions are powering Australian wealthmanagement and integrated small lending fintech firms • The Australian online division of a globalbank, has built a virtualised “bank in a box” on a private cloud solution,streamlining back end operations and creating new operational flexibilityBig data• A Big 4Australian bank uses information gleaned from customer transactions todetermine the right product, pricing and financial advice for the customer • Another Big 4 Australian bank has advisorsfeed analytical questions phrased in plain English into a cognitive computingsoftware, which uses customer data to create suitable product recommendationsfor individual clientsCybersecurity• A globalsecurity company has recently investigated with Interpol, the theft of over abillion dollars from global financial institutions including those in Australia• In July 2015,large Australian banks and the Australian government held a summit to discusscybersecurity, with intelligence sharing, skills and workforce development highon the agendaInternet ofThings (IoT)• An Australianbank uses BLE beacons in branches to interact with customersAugmentedreality (AR)• A propertyinvestment iPhone app from an Australian Big 4 bank, is using augmented realityinsights to help consumers make smarter property decisionsContext-awarecomputingAn Australianbank uses contextaware computing in its banking app, which notifies the bank ifa customer is at an airport, so that overseas transactions won’t be incorrectlydeemed fraudulentQuantumcomputingThe emphasis onquantum encryption to secure payment transactions and data is accelerating, tomeet the challenges industry will face • An AustralianBig 4 bank is sponsoring research into quantum computing with a $5mcontribution to an Australian university leading this researchAdvancedroboticsThe partnershipbetween a Big 4 bank and a leading international cognitive computing softwarehas given financial planners access to a cognitive advice solution, to improveadvice quality