CBA takes online bank Tyme out of Africa

The Commonwealth Bank has bought a South Africa-based business called Tyme (Take Your Money Everywhere) that has developed a mobile online banking system targeted at developing economies. read more

IBM's shrinking revenues

After promising a statement about local job cuts on Monday, computer giant and stalwart of the financial computing landscape IBM has now gone to ground. read more

Westpac abandons procurement system

Westpac has pulled the plug on the deployment of a new automated procurement system that would have streamlined the bank's internal purchasing and approvals process from the point of ordering right th.. read more

Aussie banks climb onto hackathon bandwagon

Hackathons, where software coders are invited to come up with innovations, are being embraced by financial services companies and banks keen to identify the 'next big thing' - and they are staking the.. read more

Smartphone payments set to boom

After smouldering for several years, 2015 will be the year that smartphone payments catch light - but it will be a slow burn, according to Deloitte, with credit cards and physical wallets commanding t.. read more