The Bank of Queensland's (BoQ) technology costs have increased significantly over the last year in a rise associated with the expansion of its branch network.
Bendigo Bank is set to become one of the first Australian banks to offer customers strong authentication protection for Internet banking using password generating tokens, in a move to thwart Internet banking fraudsters.
Banks are slowly moving towards deploying voice-authentication technologies in order to add an extra layer of security for their online and telephone banking customers.
Bendigo Bank has implemented new payroll software which enables its 3,400 staff around the country to view their pay details online.
Authentication tokens used for online transactions will not stop identity theft, banks have warned as they search for other measures to secure customer accounts.
Banks are slowly moving towards deploying voice-authentication technologies in order to add an extra layer of security for their online and telephone banking customers.
The motivation for money laundering is greed, and the common gateway is the Internet. How do Australian banks use technology to fight this phantom menace? ZDNet Australia investigates.
Constructing a new head office was a natural step in Bendigo Bank's growth. However, the bank's IT team was forced to do some creative thinking in figuring out how to upgrade and move its 20 terabyte storage area network (SAN) to the new data centre at the bank's new headquarters.
The Australian Bankers Association is still grappling with two-factor authentication for Internet transactions and has almost hit a "brick wall" in its anti-fraud efforts.
Security weaknesses in Microsoft's server and browser software are taking their toll on Australian Internet banking sites.
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