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.
The Commonwealth Bank says some customers are experiencing difficulty logging on to its Internet banking service.
Australian banks' drive to shift transactions undertaken at bricks and mortar branches to less expensive electronic and direct channels is continuing to bear fruit, new figures from one of Australia's largest banks reveals.
Most Australian banks ramped-up their online service offerings in 2001 and are planning further enhancements in 2002. ZDNet Australia evaluates the choices that are currently on offer and takes a glimpse into the future of Internet banking.
Commonwealth Bank of Australia has had a rough couple of days; with high levels of traffic forcing it to take its internet banking service down at times. But what was really going on behind the scenes?
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?
Australian customers were today digesting the implications of last night's widely-predicted AU$7.6 billion acquisition of customer relationship management vendor Siebel Systems by Oracle.
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.
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