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News

  • 2014 a seminal year for cloud take up: Amazon

    2014 is a seminal year for the take up of cloud services and there’s been a shift in thinking around the infrastructure model from years back when people were concerned about issues like security.

    Written by Byron Connolly13 Aug. 14 10:38
  • Financial services firms are laggards online

    Many financial services firms are still not transacting online, despite rapid changes in the sector, including the development of Internet banking.

    Written by Byron Connolly20 June 14 11:12
  • Small banks tap tech to take on giants

    Mutual banks and credit unions are embracing technology initiatives to stay competitive with Australia’s largest financial institutions.

    Written by Adam Bender13 Jan. 14 14:50
  • ME Bank ups the security ante

    In a bid to increase the security of its customers’ internet banking facilities, ME Bank, a bank for industry super funds and union members, has replaced its previous technology provider with Sourcefire’s next-generation intrusion prevention solution, Sourcefire 3D.

    Written by CIO Staff01 Dec. 11 13:53
  • Next Generation IT Platform (NGP) value will come: NAB

    National Australia Bank (NAB) chief executive, Cameron Clyne, has sought to reassure shareholders that the benefits of the company’s Next Generation IT Platform (NGP) will come.

    Written by Tim Lohman27 Oct. 11 12:00
  • Westpac promises review into outage

    Westpac has restored its online banking service following a prolonged outage, caused by an air-conditioning fault at a data centre. The bank’s group executive for retail and business banking, Rob Coombe, has also apologised to customers, promising a review of the events that caused the system failures.

    Written by Georgina Swan05 May 11 17:14
  • Updated: Westpac air con causes IT meltdown

    Australian bank Westpac has suffered an IT meltdown overnight following an air conditioning fault at one of the bank’s data centres.

    Written by Chloe Herrick05 May 11 09:43
  • Suncorp admits to internet banking outage

    Tier two banking and insurance giant Suncorp today acknowledged it had suffered some internet banking problems over the past week flowing from an upgrade conducted over the weekend, with some customers concerned about a loss of functionality from the service.

    Written by Renai LeMay24 Sept. 10 11:59
  • Online banking fraud in the UK hits a new high

    Online banking fraud in the U.K. has risen to the highest level in at least three years while card-related losses fell in most categories, according to industry figures released Wednesday.

    Written by Jeremy Kirk08 Oct. 09 01:22
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