NAB yesterday told its employees which of its IT jobs will be offshored, after the bank took the decision to outsource some of its tech staff last year.
National Australia Bank's technology costs have jumped substantially over the last year, even as the bank has continued efforts to offshore technology work to India.
National Australia Bank (NAB) is testing Windows 7 to assess its viability for an upgrade from Windows XP, which it finished migrating to last year.
Phase one of National Australia Bank's core banking system replacement strategy will be completed by June this year, the bank's chief executive Cameron Clyne said today.
National Australia Bank took the knife to its long-time chief information officer Michelle Tredenick this week, but was this a reflection of her perceived incompetence or simply a consequence of the manoeuvring at higher levels that seems endemic in Australia's incestuous banking IT community?
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.
The Internet and e-mail have become weapons of choice as criminals take industrial espionage and blackmail to new heights.
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