Microsoft has reshuffled executives in its US financial services group to improve its responsiveness to customers' needs in the banking, capital markets and insurance industries.
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.
Indian services company Tata Consultancy Services announced today it had purchased Sydney-based core banking solutions vendor Financial Network Solutions for about US$26 million.
The International Organization for Standardization (ISO) has released a standard for the use of biometric authentication at financial institutions but banks are unlikely to invest in the technology.
HSBC faces possible investigation by the UK's financial watchdog after admitting losing a CD containing the details of 370,000 customers.
St George is joining the ranks of financial institutions taking up two-factor transaction authentication to protect its customers from fraud.
NAB is planning an upgrade to its Internet banking platform that will include targeted cross-selling of products to users of the service.
The financial services industry has discovered that introducing self-service technology in bank branches can not only cut waiting times, it can actually alter consumers' perceptions for the better.
The Commonwealth Bank (CBA) has appointed an expert in open systems architecture, investment management software and systems development to its top technology post.
Former Aussie Home Loans chief information officer Steve Lindsay will take a top spot in Citibank's consumer operation after leaving the mortgage specialist in late June.
Financial organisations are slowly embracing the notion of unified communications, but significant organisational hurdles remain
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.
ZDNet Australia meets with Michael Harte, CIO of the Commonwealth Bank to find out his views on security and sourcing (both out- and open-).
The question on the lips of most CIOs is no longer whether to send work offshore. It's a question of how much to send.
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 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.
Banking firms in the City of London have conducted a trial of their back-up communications systems as part of an exercise to test the ability of the financial sector to cope following a major disaster such as a terrorist attack.
Fraud, data theft, e-crime. These may not be the first terms that come to mind when thinking of business intelligence software but, sophisticated analysis of data can indeed help companies beat nefarious activity.
Board directors at 50 top financial institutions displayed worrying levels of ignorance when polled about their compliance with Basel II regulations.
Storage heavyweight EMC has recorded Australian growth of 34 percent year on year for the second quarter 2004, in line with its parent's results, the company's Australian and New Zealand managing director, Steve Redman, said.
Instant messaging use is growing in offices and homes around the world, and the big players are being told by a standards board to work together.
It seemed to be an obvious recipe: take two popular emerging technologies and stir vigorously. But the end result isn't to everyone's taste.
In the Australian market, banks are the archetypal large IT customer: they've got lots of technology of differing vintages, have to spend a fortune on services to stitch it all together, and are also obliged to meet a super-strict regulatory regime which would make most lesser enterprises quake in their virtualised boots.
Telstra mobile code reader
It may look like a 3-D image but it's in fact a barcode designed to direct your phone's web browser to a relev… Watch it now
In the second part of his interview, Defence CIO Greg Farr talks about outsourcing, the skills crisis and reveals his most urgent IT priority.
I'm a celebrity, don't back me up
Lies, damned lies and telco stupidity
Dear carriers: More walking, less talking
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