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  • NAB: Tech investment paying off

    The National Australia Bank (NAB) has again moved to reassure shareholders that its investment in its Next Generation Banking IT platform (NGP) is paying off.

    Written by Tim Lohman • 10 May 12 11:46

  • Internet broadcast rights in doubt following court ruling

    The landmark ruling by the Federal Court, which found Optus did not breach copyright by broadcasting NRL and AFL matches via its new TV Now service, has cast a doubt over the financial viability of internet broadcast rights.

    Written by Georgina Swan • 03 Feb. 12 09:38

  • Westpac cuts 560 jobs, sends 150 to India

    Westpac Banking Corporation is poised to axe more than 400 jobs and send another 150 offshore in the latest round of job cuts at the big banks.

    Written by AAP • 02 Feb. 12 16:11

  • AXA rolls out hosted global insurance anti-fraud system

    Insurance firm AXA is to use a hosted BAE Systems Detica anti-fraud platform to help tackle a reported spike in fraudulent claims.

    Written by Antony Savvas • 18 Jan. 12 20:11

  • Teachers Credit Union appoints CIO, moves to become bank

    The Teachers Credit Union has appointed its new chief information officer. Former Westpac executive, David Chapman, will take on the newly created role.

    Written by Georgina Swan • 19 Jan. 12 10:23

  • Westpac puts 28 IT jobs under review

    Westpac Banking Corporation has put the future of 28 IT management roles in doubt by commencing a review of their roles as part of a group-wide restructure.

    Written by AAP • 19 Jan. 12 08:21

  • Google Wallet mobile payments coming

    In late May, Google, MasterCard, Citi and a handful of US retailers announced the upcoming 'Google Wallet' mobile payments service, which will allow consumer to use select Near Field Communications (NFC) enabled, Android smartphones to pay for goods and services.

    Written by Al Sacco • 20 Sept. 11 05:23

  • Q&A with NYSE Euronext executive vice-president and CIO, Steve Rubinow

    Can you share a little bit about the role NYSE Euronext plays in capital markets in the global economy?

    Written by Georgina Swan • 31 Aug. 11 09:44

  • VMWorld 2011: The business case for Cloud computing

    Consona’s Milt Volosyn is used to mergers and acquistions (M&As). As CIO for the software and services company, he is responsible for managing about 14 different software products for business-critical tasks such as ERP, financing and marketing services and support.

    Written by Georgina Swan • 30 Aug. 11 07:57

  • High Aussie dollar blamed for Melbourne IT's 11 per cent H1 revenue drop

    IT services company, Melbourne IT (ASX: MLB) has blamed an 11 per cent year-on-year decrease in revenue on the impact of the strong Australian dollar and soft market conditions in the US and Europe.

    Written by Hamish Barwick • 23 Aug. 11 16:25

  • QSuper trades paper for iPad

    Aussie superannuation fund QSuper has done away with paper-based board documents for members, following the implementation of an electronic board paper service across iPads throughout the organisation.

    Written by Chloe Herrick • 15 Aug. 11 12:23

  • CBA ICT spend increases in 2010/11

    The Commonwealth Bank (ASX:CBA) has recorded a notable increase in IT spending to $1.104 billion for the year to 30 June 2011, an increase of seven per cent year on year.

    Written by Tim Lohman • 10 Aug. 11 13:25

  • GBST Holdings turns business around following Syn~ restructure

    Finance industry software provider GBST Holdings (ASX:GBT) expects its United Kingdom-based securities transaction software division, Syn~, to return a profit in July 2012, after two years of restructuring, including the removal of the division's entire management staff.

    Written by Hamish Barwick • 05 July 11 08:49

  • BUDGET 2011 SMALL BUSINESS: Government tries to level small business field

    The Federal Government says it will cut taxes for small business and spend $34.4 million over four years to help the manufacturing sector tap into Australia's mining boom in an attempt to even out the "patchwork economy".

    Written by AAP • 10 May 11 20:47

  • 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 Swan • 05 May 11 17:14

  • CBA signs outsourcing deal with HCL Technologies for payments system

    HCL Technologies, a global IT services provider based in India, has posted 33.5 per cent year-on-year increase in global revenues for the third quarter of 2010-2011, with Australian operations playing a significant role thanks to a deal with the Commonwealth Bank of Australia (CBA).

    Written by Georgina Swan • 21 April 11 13:02

  • Millions miss pay after NAB's second meltdown

    Millions of employees have been left without their pay amid mixed messages from the National Australia Bank Ltd over when it will fix the fault that has crashed its payments system.

    Written by AAP • 15 April 11 17:22

  • e-pay Asia gets $8.5m buyout offer

    Electronic payment company, e-pay Asia (ASX:EPY), has received a $8.5 million buyout offer for its main operating assets from Tobikiri Capital.

    Written by Dylan Bushell-Embling • 14 April 11 09:06

  • Company size no indicator of Green IT readiness: Survey

    Company size is not necessarily an indication of an enterprise’s ability to deploy Green IT initiatives, according to findings from Fujitsu’s Green IT benchmark research for the financial services industry. In the fourth report undertaken with research partner, Connection Research, Fujitsu surveyed 638 organisations in four countries — the US, UK, Australia and India — looking at areas such as Green IT lifecycle, end-user efficiencies, enteprise and data centre efficiencies, the use of IT in carbon reduction and measurement and monitoring.

    Written by Georgina Swan • 07 April 11 10:24

  • Australian financial services sector lags UK, US for Green IT

    Research compares the Green IT maturity of financial services institutions in four countries: the United States of America, the United Kingdom, Australia and India.

    Written by Georgina Swan • 06 April 11 15:32
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