The Commonwealth Bank of Australia (CBA) has commenced a final roll-out of two-factor authentication (2FA) systems that will see 400,000 customers of its NetBank internet banking service upgraded to the secure log-in technology.
National Australia Bank is confident that it has the tools it needs to leapfrog rivals by adopting three-factor authentication, adding an extra means of security to the normal two factors most Australian banks offer customers to secure their transactions.
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.
Offline banking may soon be a thing of the past with more and more countries preferring to transact online.
NAB is planning an upgrade to its Internet banking platform that will include targeted cross-selling of products to users of the service.
Does the improved credit card security offered by chip and PIN-embedded credit cards mean a future of greater personal liability?
When foreign markets are willing to pay twice as much for your exports, it's usually a good sign. Unfortunately for Australia, the goods being traded are compromised PCs but why are Australians worth twice as much as Americans?
It took help from three security experts, Citibank's spokesperson, dozens of e-mails and almost a full working day of investigation to confirm that an e-mail I had seen from Citibank was not actually a clever phishing attempt.
Westpac, one of the biggest banks in Australia, experienced multiple hardware failures on Monday and at the end of last week, which caused its online banking service to fall over for hours at a time. What happened to its backup systems?
Security weaknesses in Microsoft's server and browser software are taking their toll on Australian Internet banking sites.
The Bank of Queensland is in the midst of a $480 million outsourcing partnership with EDS which has seen the bank's profits double in the last three years.
Don't expect Internet scams, hackers, trojan horses and the like to vanish overnight. The challenge is for banks and customers to minimise their exposure to losses. But how?
It is quickly becoming the norm for Australia's largest banks to offer discounts on or completely free computer security software to boost internet banking security. The question is, why?
Get an insider's look at the recent history and potential imminent future of Australia and New Zealand Banking Group's technology operation in the third of our Changing of the guards series examining generational change in the nation's big four banks.
South Korean government officials are warning consumers that Internet and e-commerce sites in that country may lack full compatibility with Microsoft's Windows Vista operating system, which will become available to consumers next week.
Customers and analysts say Microsoft is forcing its most important partners to use competing browsers by its move to integrate IE with Windows.
ZDNet Australia looks at some of the biometrics technologies currently available and examines how they can protect your valuable network.
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