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.
In a deal worth over AU$1 million, financial software company IWL has increased its contract with the Commonwealth Bank of Australia, a move that will keep one of its divisions open.
Commonwealth Bank of Australia's $1 billion telecommunications deal with Telstra is the toughest the bank has negotiated with a supplier, according to CBA CIO Michael Harte, and all without the use of traditional service level agreements (SLAs).
Will Suncorp chief information officer Jeff Smith stick around if the bank's rapid decline in value due to the credit crisis leads to a fire sale of several of its key divisions?
The Commonwealth Bank's rebuilding of its front-end customer management system was a complex technical undertaking, but one of the most important aspects of its successful deployment was paying close attention to interface design, according to its developers.
If you think your job is stressful, just consider what Tony Clasquin used to do for a living: a pilot who used to work as an air traffic controller (ATC), he learned early on to manage "this very complicated 3D chessboard".
Will Suncorp chief information officer Jeff Smith stick around if the bank's rapid decline in value due to the credit crisis leads to a fire sale of several of its key divisions?
Get an insider's look at Commonwealth Bank of Australia's technology operation with chief information officer Michael Harte in the first of our Changing of the guards series examining generational change in the nation's big four banks.
Australians are continuing to turn to electronic banking channels despite excessive hype over security problems such as skimming and hacking, according to the Commonwealth Bank of Australia.
As it becomes more popular to have applications hosted by an external service provider, what implications does this have for integrating those applications with your other systems? ZDNet Australia investigates.
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