Citing a slow down in financial services, IT outsourcing firm Tata Consultancy Services has chopped 15 SAP specialists from its Australian financial services division.
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.
Australian entrepreneur John Orrock has sold his CRM systems integration business Okere to the US arm of Fujitsu Consulting in a multi-million dollar deal.
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.
A guy I know runs a tiling business, which as far as I can see involves his drinking lots of coffee, making lots of phone calls, and making sure that around a dozen different tilers do the actual hard work. As long as they're busy, he's making money. If he finds enough new business to keep them all going for two weeks, he can take off for Hawaii -- and still be making money.
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.
As job losses mount and with HP announcing it will lay off tens of thousands of workers following its purchase of EDS, we look at what the crunch means for the IT industry.
Financial organisations are slowly embracing the notion of unified communications, but significant organisational hurdles remain
Banks are slowly moving towards deploying voice-authentication technologies in order to add an extra layer of security for their online and telephone banking customers.
When your money moves, it almost certainly travels using SWIFTNet, a network for financial institutions. We chart the ups and downs of a few Australian companies which are upgrading to the network.
The CTO of one of Britain's largest banks talks about how he made it to the top, and how Barclays is facing the challenges of technical innovation and corporate governance legislation.
Gideon Sasson, the CIO of financial services giant Charles Schwab, talks to ZDNet.com editor-in-chief Dan Farber about mistakes the company made during the dot com bust, and says innovation used to start with technology, but now IT is more closely aligned with the business. Below are excerpts from the video interview.
Linus Torvalds has published the last release of the current Linux development kernel, clearing the way for work on the next version of the operating system core.
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.
The Internet's governing technical body gives a stamp of approval to a group intent on creating an open standard for instant messaging.
Machines that listen and talk like humans are becoming a reality, researchers and tech executives say.
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.
Visa CIO touts new transaction technologies
Michael Dreyer, CIO of Visa, expresses what innovation means to him in different areas, such as their PayWave … Watch it now
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