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Financial messaging behemoth SWIFT was yesterday finally confirmed as the winner of a 12-year contract to build and operate Australia's New Payments Platform. The cost to industry participants of the.. read more

NPP Steering Chair, Paul Lahiff, speaking before the signing of the 3cm thick pile of contract documents with SWIFT, said that an efficient payments system was critical to the effective functioning of.. read more

Westpac has lured the global head of retail banking from German software giant SAP to join the bank as its chief technology officer, and has flagged a restructure of its IT operations. read more

More than three out of four Australians between the ages of 18 and 75 own a smartphone and more than half of this cohort have used the device for some form of mobile banking, although adoption of mobi.. read more

NAB chief information officer David Boyle has delivered the clearest update yet on the bank's progress with its NextGen software transformation project. read more

Australian banks need to reinvent themselves or brace for their own "Kodak moment" according to Westpac's chief information officer. read more

In a bid to stamp out card skimming and counterfeit fraud, which costs Australia around $25 million a year according to the ANZ, the bank yesterday unveiled plans to launch Tap and PIN ATM, access s.. read more

Westpac chief executive Gail Kelly has justified the bank's continued investment in technology and new digital platforms, saying that 10.5 per cent of the bank's sales are now performed via digital ch.. read more

ANZ is feeding the efficiency dividends it is earning from technology improvements back into its annual A$1.2 billion computing budget. read more

NAB boss Andrew Thorburn yesterday sounded the death knell for banking's billion dollar computing blitzes, instead signalling a more iterative approach to technology rollouts. read more