Falcon too timid for HSBC

HSBC is planning to extend the real time anti-fraud monitoring system it uses for debit and credit card transactions to also monitor online banking transactions, setting itself a five-year deadline to.. read more

NextGen a three-year project for NAB

National Australia Bank's chief information officer, Adam Bennett, has a full dance card grappling with the swag of computing platforms the bank is inheriting as NAB undertakes a series of small acqui.. read more

The future is now

Banks sighing with relief at having survived what the GFC has thrown at them thus far should not be so smug, since few are equipped to deal with the seismic revolution in banking being wrought by tech.. read more

Infosys tackles IT consulting

Infosys Australia's recently formed strategic consulting group bagged its first big-bank client this month, signing up one of the big four for a range of IT consulting services. read more

NAB seeks new servicing model

National Australia Bank has kicked off its core banking replacement program by hiring Oracle to develop a computing platform for its forthcoming low-cost bank brand that will be launched later this ye.. read more

Adventures with core systems: part II

The bankers at CBA are in for a bit of a shock. In the past they told their computing guys what they wanted and IT went away and wrote it. In the future the bankers can tell IT what they want to do -.. read more

Adventures with core systems: part I

Michael Harte first walked into his Sydney office at the Commonwealth Bank at 9.15am on 10 April 2006.When he finally got to lift the bonnet on the bank's IT group he uncovered: "A group of fragmented.. read more

Wikis may be working for Westpac

The arrival of Gail Kelly at the helm of Westpac may accelerate the bank's adoption of "Web 2.0" tools such as blogs, wikis and social networks, allowing staff to share information freely and collabor.. read more

IT MANAGEMENT IN A FLUX AT SUNCORP

The key to a successful integration of Suncorp and Promina's information systems will be installing an individual with the stamina to drive through significant IT changes while fending off vested inte.. read more

SUNCORP SEARCHING FOR IT PATHWAY

If Suncorp's plans to merge with Promina get the regulators' green light the expanded insurance and banking entity will spend about $395 million on the integration; much of that earmarked for the info.. read more