In a deal worth over AU$1 million, financial software company IWL has increased its contract with the Commonwealth Bank of Australia, a move that will keep one of its divisions open.
The Commonwealth Bank will rationalise its data processing centres, mainframes and servers over the next few years as the bank improves efficiency and cut costs.
The Commonwealth Bank's rebuilding of its front-end customer management system was a complex technical undertaking, but one of the most important aspects of its successful deployment was paying close attention to interface design, according to its developers.
The number of online bankers in Australia is steadily rising and CBA continues to entice the majority of them to its services, according to recent reports.
HCL Technologies has signed a wide-ranging deal with financial services software vendor Misys that will see the Indian outsourcer make further inroads into Australia's banking sector.
Australians are continuing to turn to electronic banking channels despite excessive hype over security problems such as skimming and hacking, according to the Commonwealth Bank of Australia.
As it becomes more popular to have applications hosted by an external service provider, what implications does this have for integrating those applications with your other systems? ZDNet Australia investigates.
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