Eftpos queues for answers

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

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

IBM in favour at Westpac

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

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

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

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

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

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