The Commonwealth Bank of Australia (CBA) has commenced a final roll-out of two-factor authentication (2FA) systems that will see 400,000 customers of its NetBank internet banking service upgraded to the secure log-in technology.
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.
The Commonwealth Bank of Australia's core banking project is progressing on track and on time, according to SAP's local head Tim Ebbeck.
In today's highly dynamic banking world, top-ranking technology tsars tend to change roles or company every few years. But some have more longevity. Long-time AMP chief information officer Lee Barnett fills us in on her priorities, seven years after she first won her role.
Westpac's $340 million project to integrate St George's systems was on target, Westpac chief executive Gail Kelly said today, but the bank's financial report warned "unexpected costs relating to the integration of technology platforms" could smother expected benefits.
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.
It took help from three security experts, Citibank's spokesperson, dozens of e-mails and almost a full working day of investigation to confirm that an e-mail I had seen from Citibank was not actually a clever phishing attempt.
Just as Internet users learn that clicking on a link in an e-mail purporting to come from their bank is a bad idea, phishers seem to be developing a new tactic -- launch a DDoS attack on the Web site of the company whose customers they are targeting and then send e-mails "explaining" the outage and offering an "alternative" URL.
Westpac, one of the biggest banks in Australia, experienced multiple hardware failures on Monday and at the end of last week, which caused its online banking service to fall over for hours at a time. What happened to its backup systems?
This week I learned about a "trick" that you can do in Windows which, as far as I am concerned, is a serious security risk.
Get an insider's look at the recent history and potential imminent future of the technology operation of Westpac Banking Corporation and its subsidiary St George in the last of our Changing of the guards series examining generational change in the nation's big four banks.
What's the best customer relationship management suite? We put six of the top vendors to the test to find out in our no holds barred face-off.
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.
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?
Security researchers worked overtime in 2007, which turned out to be a nightmare for software vendors from day one.
Strong passwords are not necessary for online banking, explains Bill Cheswick from AT&T Labs.
What's the best customer relationship management suite? We put six of the top vendors to the test to find out in our no holds barred face-off.
Microsoft has changed the look and feel of its venerable browser, while adding some much-needed security features.
While Firefox 1.5 isn't too different from the original release, what's new should attract even more Firefox users -- and that's ultimately good for the Internet.
Microsoft Money 2006 is a worthwhile upgrade for current users who like to bank and pay bills online, but it requires Windows XP.
This browser is built on the Internet Explorer engine yet includes built-in features Microsoft does not provide.
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