Westpac confirms PayID look-up 'mis-use'
Westpac bank has confirmed that it “had detected mis-use” of the New Payments Platform’s PayID feature, following a report that the details of thousands of customers were looked up by a ‘fraudster’.
Westpac bank has confirmed that it “had detected mis-use” of the New Payments Platform’s PayID feature, following a report that the details of thousands of customers were looked up by a ‘fraudster’.
Westpac customers are flocking to online banking, allowing the group to contain costs by closing branches, the company said in its interim financial report this morning.
Remaining agile is one of the biggest challenges facing CIOs today, says Westpac Group tech chief Dave Curran.
Westpac Group will increase its annual investment spend by 20 per cent to $1.3 billion, the majority of which will be dedicated to technology, digital and simplification projects.
Westpac Group’s CIO, Dave Curran, is now reporting to CEO, Brian Hartzer, under a reshuffle of executive reporting lines announced on Monday.
Westpac Group has looked to bolster its IT team with the hiring of Robert Wilson as CTO while former Westpac retail, business banking & wealth CIO Richard Holmes has moved into the role of infrastructure & operations general manager.
Westpac Group opened its $4 million innovation centre, The Hive, in Kogarah, Sydney this week.
The 800-metre centre will be used by Westpac Group staff to work on a number of projects including mobile development. It launched a St George Bank mobile banking app MoneyMeter on the Samsung Gear 2 smartwatch at The Hive.
Westpac Group has unveiled an innovation centre dubbed The Hive in Kogarah, Sydney today to develop more services for its 10 million customers in Australia.
Woolworths has confirmed that Westpac Australia CIO Clive Whincup will be joining the company as its new CIO later in 2014.
Westpac Australia has confirmed that it is trialling an app for Google Glass following news this morning that Westpac New Zealand was trialling its Cash Tank app on the technology.
Westpac Group’s IT costs rose over the past 12 months as the bank nears completion of a five-year program to improve the stability of its technology infrastructure, and enhance its front-end and product systems.
The Westpac Group has found a new CIO, Clive Whincup, from within its internal ranks.