Eftpos queues for answers 14 October 2010 5:30PM Eftpos Payments is asking its members and vendors to explain how they might extend a life of a low cost system that makes lower profits for banks than rival schemes. read more
GRG International looks for extra capital 13 October 2010 6:18PM Automatic teller machine vendor GRG International will finally list on the Australian Securities Exchange tomorrow, making it the third specialist operator in the sector with a public listing of its.. read more
More equity: RBA's commercial property finance solution 11 October 2010 5:59PM The over-exposure of foreign banks and small banks to commercial property lending - or at least their over-exposure to stressed property developers - was one theme of a speech delivered by Reserve B.. read more
Mortgage overhaul a low priority 11 October 2010 5:55PM Westpac's plans for its multitude of mortgage processing centres appear mostly incremental at this stage. read more
IBM in favour at Westpac 11 October 2010 5:52PM IBM may be rowing hard to retain its lucrative Westpac outsourcing contract that notionally draws to an end this year. read more
Hogan upgrade planned for 2014 11 October 2010 5:49PM As expected, Westpac is delaying the work required to update the older version of the Hogan banking system it uses to the more modern version of the same system already used at St George. read more
Small steps for Westpac 11 October 2010 5:47PM Westpac will take more time, and spend more, integrating St George into the bank's operating core Westpac management disclosed at an investor briefing on Friday. read more
Ten-year IT review for Westpac 08 October 2010 5:36PM Strategic decisions made in the 1990s by Westpac, and reflected in contracts set early in the next decade, have nearly run their course. Two ten-year IT agreements, with IBM and HP, respectively, are.. read more
NAB in breach of contract 06 October 2010 6:31PM A seven-year court wrangle has resulted in a rare court win for a bank customer. NAB was ordered to pay a Sydney property developer $280,000, plus interest, by the Supreme Court of New South Wales&nb.. read more
Suncorp forsees capital return 05 October 2010 5:37PM Suncorp Metway dangled the prospect of a capital return in front of shareholders in its annual report published yesterday. Yet it used the same document to explain that the timing of any return was.. read more