Commonwealth Bank of Australia will tomorrow roll out a new internet banking portal that will allow millions of customers to personalise their online experience, following a trial with 10,000 users.
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).
Commonwealth Bank CEO Ralph Norris today said the bank had cut its technology spend by 6 per cent on last year, and had claimed "first-mover advantage" in its decision to overhaul its core banking systems ahead of other major rivals.
CommSec, CommBank's securities trading arm, claims it has launched the first iPhone application in Australia.
International telco Verizon last week admitted it had shed some Australian staff with its January acquisition of MCI. But the US heavyweight continues to win large deals Down Under.
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.
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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The long-awaited separation of Telstra
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