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.
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.
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.
Barclays is to cut 1,800 IT posts in the UK as part of plans to create centrally managed technology "centres of excellence" in key offshore locations around the globe.
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
Australian banks are lagging well behind world standards when it comes to using customer relationship management (CRM) technologies, and recent attempts to use CRM as a cost-cutting exercise may be doomed to failure, according to industry experts.
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.
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.
Microsoft slams Google on privacy
Google's approach to privacy is a decade behind Microsoft, the Redmond software giant's chief privacy strategi… Watch it now
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