Big data and mobile are CBA's tech priorities 13 February 2014 6:04PM Commonwealth Bank invested $589 million in technology in the first half of the year, and for the first time in six years not a cent was spent on the now completed core banking modernisation program. read more
How to Hotwire a Bank 12 February 2014 5:52PM A Sydney-based company has announced plans to establish what it claims as the world's first crypto-currency bank, backed by a reserve of 100,000 bitcoins - worth A$79 million at current exchange rat.. read more
Search party hunts for Albert and Leo 07 February 2014 5:25PM The Commonwealth Bank's slow grind towards rolling out its much vaunted mobile point-of-sale solution, known as Albert, continues. It is now more than 18 months since the bank announced three mobile.. read more
Mobile banking fails to garner new customers 29 January 2014 5:43PM Australians won't switch banks because of a better mobile banking service being offered by a rival institution. A new survey of more than 1,700 Australians has found fancy mobile services were general.. read more
Mutuals struggle to keep up in the technology race - part 2 24 January 2014 5:44PM While technology alone won't bring about the demise of credit unions, it could prove a contributing factor to the sector's decline, according to a senior IBIS World industry analyst. read more
Mutuals struggle to keep up in the technology race 23 January 2014 5:15PM Credit unions, building societies and mutual banks are being squeezed by the banking sector, which has established a substantial lead in the use of technology. read more
eftpos trials digital payments 17 December 2013 5:19PM eftpos is edging closer to delivering its own digital payment system for online and mobile transactions - essentially, a PayPal alternative - although consumers aren't expected to have access to the.. read more
CBA releases embedded NFC payment application 13 December 2013 5:45PM The land-grab for mobile phone payments continues, with Commonwealth Bank releasing the latest version of its smartphone banking application yesterday. The app will allow customers to make payments.. read more
Westpac announces embedded smartphone contactless app 12 December 2013 5:31PM Westpac will update its mobile banking application in the New Year to allow customers to load credit and debit cards into an Android smartphone app. Those with a Galaxy or Note 3 smartphone will be.. read more
ANZ shows off new digital products 28 November 2013 5:58PM Digital banking technology is now "so mainstream we have to re-engineer the business around it", according to ANZ Australia's chief executive, Phil Chronican, who yesterday provided a glimpse of new.. read more