National Australia Bank has decided to suspend future work with Indian outsourcer Satyam.
Former Telstra CIO Jeff Smith has been appointed group executive, Information Technology, of the new financial giant created by the multi-billion dollar merger of insurers Suncorp and Promina.
Qantas, Australia and New Zealand Banking Group and Suncorp-Metway yesterday said they were keeping a close watch on the situation, but had no immediate intention of following NAB's lead in suspending work with troubled IT outsourcer Satyam.
SMS-delivered two-factor authentication will be dead in three years, according to National Australia Bank's general manager of technology, risk and security, Gary Blair.
Internet banking will not be a fee-free haven for long. But banks are pushing harder than ever to get customers online, and soon the Web won't be an alternative - it'll be the only option. ZDNet's special report examines the benefits and pitfalls of Australia's leading banks and their efforts to lure you online
Get an insider's look at the recent history and potential imminent future of the National Australia Bank's technology operation in the second of our Changing of the guards series examining generational change in the nation's big four banks.
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