Infosys given deadline for handing over source code in Qudos case
Infosys has been given until 3 September to hand over a range of source code to Qudos Bank as part of an intellectual property case currently before the Federal Court.
"banks" news, interviews, and features
News about banks
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Westpac confirms abuse of New Payments Platform PayID lookups
A spokesperson for Westpac has confirmed that the bank “detected mis-use” of the New Payments Platform’s PayID feature and “took additional preventative actions which did not include a system shutdown.”
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APRA issues new cyber security standard for banks
The boards of banks and other entities regulated by the Australian Prudential Regulation Authority are ultimately responsible for an organisation’s information security, states a new standard released today by APRA.
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Cloud helps Westpac reduce app rollout from weeks to hours
Westpac spent FY18 progressively migrating apps to its new private cloud environment, which the bank said was helping reduce app installation from weeks to hours.
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Kiwibank books a $90 million impairment on software
Reporting its annual results today, Kiwibank finally added some numbers to its overdue and over budget core banking system replacement project.
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Aussie banks give ground in Apple Pay stoush
The Aussie banks butting heads with Apple over its Apple Pay platform have narrowed their request for authorisation to collectively negotiate with the tech giant.
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Apple attacks Aussie banks over “Trojan Horse” manoeuvre
Apple takes aim at Aussie banks in ongoing Apple Pay collective negotiation stoush.
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Cybercrime wave whacks European banks
Banks across Europe are now coping with a wave of cybercrime in which crooks are transferring funds out of customer accounts through a scam involving bypassing some two-factor authentication systems to steal large sums, according to a security firm assisting in the investigation.
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Romance scams costing Australian consumers the most: ACCC
Dating and romance scams cost Australians more than $25 million in 2013, marking a substantial chunk of the total $89,136,975 lost to scammers that year.
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Google Glass app tells you when you're broke
Pocketbook is building a Google Glass app that will let users see if they can afford the goods or services they’re eyeing
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HSBC customers the top early tech adopters: Roy Morgan
According to a market research firm Roy Morgan’s ‘Digital Universe’ study, HSBC has the highest proportion of early adopters of new technologies of all the banks operating in Australia, with 27.9 per cent of customers doing so.
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IT spending by banks recovering, to surpass pre-GFC levels by 2014: IDC
The financial crisis of 2007–2008, more commonly known as the global financial crisis (GFC), instantly put a stop at businesses, none more so than by banks.
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DDoS attacks against banks raise question: Is this cyberwar?
It's been a month of crippling denial-of-service attacks on websites operated by U.S. banks and financial services firms. A terrorist organization called Al-Qassam takes credit online, but now the attacks are being blamed on Iran.
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TalariaX to expand Aussie reach
Wireless application vendor, TalariaX, is looking to extend its reach into the Australian market.
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Bank leaders call for NBN cost benefit analysis
Senior banking and business executives have called for a cost-benefit analysis and business case for the Government’s National Broadband Network.
