When lone gunman Man Haron Monis entered the Lindt cafe holding a sawn off pump action shotgun in 2014, Sydney's Martin Place, the 'civic heart' of the city, was plunged into a state of chaos and fear.
Trojan virus infections at financial services firms dropped by 73 per cent in 2015 compared to the year earlier, new research has found. But attacks are much more sophisticated and more frequently targeting financial institutions rather than consumers.
Suncorp Bank has revealed it will soon support contactless mobile payments on Apple iOS and Google Android devices.
St George Bank, viewed as the 'innovation hub' of Westpac, has adopted a 'mobile only' strategy, according to CIO Dhiren Kulkarni.
Leading on technology is a “life-and-death matter” for Commonwealth Bank, according to CEO Ian Narev.
ANZ’s international expansion strategy will see an expanded use of a software-as-a-service (SaaS) platform to support its global trade program, supported by an extended seven-and-half-year agreement with technology and business process firm CGI Group.
Eftpos has switched on new centralised payments infrastructure that is meant to speed up the rollout of products including Eftpos online and mobile payments.
Banks can win against the fast-growing PayPal because they are more trusted by customers, according to Bendigo and Adelaide Bank managing director, Mike Hirst.
Westpac’s move to supporting Android and Windows Phone devices “is another nail in the BlackBerry coffin,” according to independent telecom analyst Chris Coughlan.
Biometrics look like the future of authentication for payments, according to payment experts at the Biometrics Institute Asia Pacific Conference in Sydney.
Westpac is upping its investment in technology as customers perform more of their transactions digitally.
Mutual banks and credit unions are embracing technology initiatives to stay competitive with Australia’s largest financial institutions.
The financial services sector will continue to be a bright spot for ICT spending growth in 2014, according to an IDC analyst.
Defence Bank has embraced online video and social media in a move to stay competitive against Australia’s top national banks, according to the bank’s CEO, Jon Linehan.
A growing number of big Australian companies are seeking partnerships with startups to stay innovative.