Commonwealth Bank of Australia has signed a five-year deal with digital identity firm IdenTrust to enable more secure authentication and electronic signatures for CommBiz customers using certain applications.
Telstra has sealed a 10-year telecommunications and managed computing deal with Coca-Cola Amatil.
Most Commonwealth Bank customers will see real-time banking next year as the bank's main products are switched over onto its new core banking platform.
Commonwealth Bank of Australia has topped up its core banking war chest with a further $150 million aimed at bulking up analytical, risk and financial management systems, as well as extending its new platform to subsidiaries.
The Commonwealth Bank of Australia has initiated a review of major IT licensing contracts held by Bankwest as it takes the first steps into integrating the technology systems of its new subsidiaries Bankwest and St Andrew's.
Has Australia entered a new era of mature engagement when setting requirements for outsourcing deals? Should Australian banks create regional IT hubs rather than offshore? And what could have happened to drain Adelaide's Torrens River weir? All these questions and more are answered in Patch Monday.
This week the Australian online banking system was tested by an agent of KAOS Kevin Rudd and his $10 billion dollar fiscal package that, as Agent 86 would say, "missed it by that much" on knocking out the banking system.
Banks obviously have an interest in making consumers feel safe. They are there to protect the customers' money. They want customers to use their online services, too, because the channel offers a lower cost per transaction than a branch. But giving away free security software to make customers feel safe is probably doing more harm than good.
Commonwealth Bank CIO Michael Harte this week publicly pondered popular Web technologies most IT managers must be looking at and asking "how can these make/save me money?"
Think the Information Technology Infrastructure Library (ITIL) framework is boring? So did one Commonwealth Bank worker, apparently. She doesn't work there anymore.
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.
Sceptical that Australians are targeted by cybercrime? Late last year the Australian Computer Emergency Response Team (AusCERT) was asked to repatriate hundreds of Commonwealth Bank customer credentials which had been stolen via the ZeuS trojan.
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?
Most of Australia's major banks are just beginning massive IT projects which will see them refresh their core banking systems. But as HSBC's Australian CIO Brenton Hush tells ZDNet.com.au, the global bank's local operation is already ahead.
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?
Steve Turvey of RMIT IT Test Labs provides an indepth view of the latest technologies to hit Australia.
The CP-300 is an ideal choice for users who want to make instant 4R prints of their digital captures on the road.
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