Citing a slow down in financial services, IT outsourcing firm Tata Consultancy Services has chopped 15 SAP specialists from its Australian financial services division.
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.
Australia's central bank has criticised the nation's four largest commercial banks for shirking on investments in payment systems technology, resulting in a lack of innovation and neglect of systems like EFTPOS.
NAB has announced the first phase of its Next Generation Platform initiative to replace its core-banking systems this morning, naming Oracle its partner.
Financial institutions in Australia are poised to follow in the footsteps of the United Kingdom, with one industry expert predicting a late 2002 rollout of banking services on interactive TV -- that's if the technology and customer take-up takes a turn for the better.
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.
Financial organisations are slowly embracing the notion of unified communications, but significant organisational hurdles remain
As job losses mount and with HP announcing it will lay off tens of thousands of workers following its purchase of EDS, we look at what the crunch means for the IT industry.
ZDNet Australia meets with Michael Harte, CIO of the Commonwealth Bank to find out his views on security and sourcing (both out- and open-).
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 National Australia Bank has taken a pre-tax writedown of AU$409 million on its software assets for the year as botched initiatives such as its notorious global enterprise resource planning project take their toll on the financial institution's full-year bottom line.
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.
Do you Google Wave?
If you want attention online, then mention that you have a couple of Google Wave invites to giveaway and watch… Watch it now
Thunderbird 3 takes flight
Thunderbird 3 is finally here, after a gestation period measured in
years. The latest version of Mozilla's fr… Watch it now
Google Chrome beta for Mac
It's not fully baked yet, but Google Chrome for Mac reaches a major milestone with the release of an official … Watch it now
Conroy explains his magic filter
Copenhagen lessons on green IT
Welcome to National Censorship Day
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