Digital demand drives Westpac investment
Westpac is upping its investment in technology as customers perform more of their transactions digitally.
Westpac is upping its investment in technology as customers perform more of their transactions digitally.
Australian firms are using digital technology to improve their global competitiveness and the financial services sector appears to be leading the charge, according to a new report.
Established banks should see disruptive technology companies as a major threat, members of the finance industry agreed this morning at an Australian Information Industry Association event in Sydney.
MasterCard has announced it will launch MasterPass Down Under next month, with the credit card company already securing partnerships with several major Australian banks and retailers.
The National Australian Bank (NAB) is undergoing a “total environment transformation” with IT, the bank’s officials told media at a recent lunch in Sydney.
Westpac has updated its banking app for the iPad to include new payment options for users.
In the last two months, we have had three announcements of add-ons for smartphones that will allow users to read the magnetic stripe on a payment card, in effect turning the devices into wireless payment terminals.