Australia and New Zealand Banking Group and card provider Visa have launched a new transaction card that can make small payments without the need for a personal identification number or signature or even touching an EFTPOS terminal.
SMS-based two factor authentication has been touted as a way of improving online banking security but Westpac's head of information security disagrees.
Telstra, National Australia Bank and Visa have joined forces to test out near field communications (NFC) -- a technology which allows users to pay for goods by placing their mobile phone on a reader.
Facing declining profits from traditional credit cards, financial institutions are once again pushing microchip-equipped credit cards. But now they have new allies: Sun Microsystems and Compaq Computer.
Westpac Bank is set to improve its security credentials and tackle card swiping scams by issuing credit card holders with chip-embedded smartcards.
Can a national ID card protect Australians against terrorist attacks? And can citizens' details be protected by Public Key Infrastructure? We look at the types of hardware and software employed to combat terrorism, and how ports and other critical infrastructure are protected.
What's holding back smart cards from widespread use in Australia? Could it be that vendors haven't found the applications consumers really want?
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
Australian Govt funds IT start-ups
Google should come clean on datacentres
US shows what OPEL could have been
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