ANZ and the Commonwealth Bank of Australia have used a public consultation on updating the government’s national cyber security strategy to push for better threat intelligence sharing both between major enterprises and the public and private sectors.
During FY19 ANZ generated $260 million in group-wide savings after absorbing inflation of $160 million, the bank’s chief financial officer, Michelle Jablko today told a full year results briefing.
ANZ now looks at cloud computing through the prism of “an industrialised factory” rather than “tactical projects,” the bank’s tech chief said today.
ANZ’s high-profile agile transformation program – dubbed New Ways of Working, or NWOW – has seen thousands of the bank’s employees shift into tribes, squads and guilds. The program is ANZ's response to the banking sector facing emerging challenges in the form of fintechs, as well as the changing expectations of customers.
Three of Australia’s biggest banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac have formed a company with Westfield shopping centre operator Scentre and IBM, to build a blockchain-based platform for bank guarantees.