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.
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.
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.
An intensifying assault on the security of Australians' identification and financial information should push government and industry to embrace biometric technologies, a leading expert in the area said today.
Keeping a firm focus on the bottom line has always been a high priority for Australian financial services provider Pure Commerce. And it's paid off, quite literally, as the company continues to grow despite a tough economic climate.
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
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.
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.
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