Finance / News

Cisco is investing $61 million over the next three years to help drive secure digital transformation that will focus on skills development and innovation across multiple industries.

​ASX Limited, operator of the Australian Securities Exchange, is selling its entire shareholding in software company IRESS.

Fintech innovator, Cashwerkz, continues to expand its operational capabilities with the latest addition of Peter Whitfield to the executive team in the chief technology officer (CTO) role.

After more than two years in the role, Lina Lim has left the head of technology post at the National Stock Exchange of Australia (NSX). Stepping into her role is Yemi Oluwi, formerly an ASX consultant with over 15 years experience in financial markets IT.

​The NSW Government is offering grants of up to $400,000 for companies developing ways to reduce gambling harm with technology.

​Apple on Wednesday cut its sales forecast for its latest quarter, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations.

​Teacher Mutual Bank has appointed a new chief information officer.

​Benny Higgins, former chief executive of Tesco Bank, the finance arm of one of the world’s largest retailers, is dismayed by the response of Australian bank executives to the Banking Royal Commission.

At its annual San Francisco OpenWorld conference last week, Oracle announced it would ​soon be launching​ four supply chain use case focused blockchain applications. And it won't be stopping there.

​The corporate venture capital arms of National Australia Bank and Westpac have led a $2 million seed funding round into Sydney ‘smart receipt’ start-up Slyp.

Beem It – the venture behind an app which allows people to make instant, peer-to-peer payments without the need for a BSB number or account details – has appointed its first chief executive officer.

'Digital innovation' – encompassing innovation-led productivity improvements of existing businesses and the rise of new digital industries – can deliver $315 billion in gross economic value to Australia over the next decade.

NAB is doubling down on its $50 million venture capital fund NAB Ventures, by adding another $50 million to the pot over the next two years.

Westpac’s group chief information officer, Dave Curran, will leave the bank at the end of January next year.

​National Australia Bank (NAB) chief information security officer Andrew Dell is departing the bank to join QBE Insurance as global CISO.

The Department of Finance has selected Victorian company Salsa Digital to operate GovCMS, the whole-of-government content management system.

Information technology failures at British bank TSB have cost around 70 million pounds ($93.95 million) so far, its Spanish parent Sabadell said on Thursday.

​The volatility of cryptocurrencies has become something of a joke. The fact its value bounces around like a kangaroo in a clown car has given rise to countless memes about the emotional toll of being an investor.

Australians lost $340 million to scammers in 2017, a $40 million increase on the year before, the Australian Competition and Consumer Commission (ACCC) said on Monday.

A late 19th Century heritage listed house has been converted into a 22 desk ‘commercial regtech sandbox facility’, claimed to be the first of its kind in Australia.