Westpac - News, Features, and Slideshows

News

• IBM secures Westpac deal despite doubts

  IBM has secured a five-year deal with the Westpac Group for the supply of infrastructure services as the major bank continues its technology transformation.
  

• Aus stocks end flat on interest rate hike

  The market reacted with hesitation to the RBA's 25-point rise in interest rates today, resulting in a relatively flat day's trade

• Westpac deploys VCE private cloud

  Top-tier Australian bank Westpac this afternoon revealed it had over the past year deployed its own private cloud computing facility within its operations, working closely with the VMware, Cisco and EMC cloud consortium to do so.
  

• Westpac delays core banking integration to focus on customer facing technologies

  Westpac's group executive for technology, Bob McKinnon, has outlined the bank’s technology strategy during the groups IT and productivity update, including the decision to delay the integration of its core systems with St George Bank’s Hogan platform until 2014. Instead, the bank will focus on customer facing technologies.

• Westpac confirms St George Hogan deployment delay

  Westpac has confirmed that it is to suspend its $250 million migration to the Hogan banking platform from St George and Bank SA until 2014.
  

• Collaboration, training important to Westpac’s security success

  Collaboration and training are vital to the success of security projects, according to Westpac’s Chief Information Security Officer, Richard Johnson.

• Westpac chooses Fiserv for online transformation

  Top-tier Australian bank Westpac has chosen Fiserv’s online individual, business banking and corporate services for it’s online transformation program, where the bank aims to update the online services currently available to its customers.
  

• Westpac goes with Fiserv to rejuvenate online banking

  Top-tier Australian bank Westpac has chosen Fiserv’s online individual, business banking and corporate services for it’s online transformation program, where the bank aims to update the online services currently available to its customers.

• Economy moderating, but still strong: index

  The Westpac-Melbourne Institute Leading Index fell slightly in April

• Westpac hits the half-way mark in national ATM refresh

  Westpac Australia has flagged that it is half way through a two-year program to refresh its entire Australian automated teller machine (ATM) network.

• Westpac chairman defends rate rise

  Without the raise Westpac would have risked weakening the entire Australian economy, according to chairman Ted Evans

• Banks Bounce Back

  Buyers were out in force today, snapping up stocks that looked oversold in the calm light of a new week and a positive lead from Wall Street.

• ASX dives on Dubai fears

  Stocks dumped as nervous investors weigh up what Dubai's request to delay debt repayment means for markets

• Westpac profit falls 11% in FY09

  The worst is over, but overregulation could cause second credit crunch: CEO

• CBA warns it may owe $231m in back taxes to NZ

  The recent ruling in the Westpac case may apply to its own New Zealand operations