Telstra blamed for EFTPOS terminal, ATM outages
A major service interruption has stopped EFTPOS terminal transactions and affected the ATMs of at least some banks.
A major service interruption has stopped EFTPOS terminal transactions and affected the ATMs of at least some banks.
The 600 employees in ANZ’s Talent & Culture division are moving to adopt agile ways of organising themselves as part of the bank’s ‘New Ways of Working’ (NWOW) transformation program.
ANZ is beginning to employ a management framework developed by Andrew Groves at Intel and famously employed at Google, as well as at other tech heavyweights including LinkedIn and Twitter, to help promote alignment across its business as it continues its move towards an agile operating model based on semi-autonomous teams.
The Reserve Bank of Australia is working with the Australian Prudential Regulation Authority (APRA) on developing standards for reporting the performance of retail banking services after a spike in outages at major financial institutions in 2018.
NAB has launched a team focused on high-growth technology companies, with the bank today revealing it aims to help facilitate emerging Australian tech-enabled firms access $2 billion in financing through loans or access to capital markets over the next half decade.
The Reserve Bank of Australia has called for access to the New Payments Platform to be broadened a range of payments services providers.
US accounting firm H&R Block will acquire fintech Wave Financial in an A$583 million all-cash deal, the company announced yesterday.
A spokesperson for Westpac has confirmed that the bank “detected mis-use” of the New Payments Platform’s PayID feature and “took additional preventative actions which did not include a system shutdown.”
NAB, Israel’s Bank Leumi and Canada’s CIBC have launched an online portal intended to facilitate collaboration with fintechs.
UBank’s embrace of artificial intelligence has helped it grow its customer base while retaining a compact staff headcount -- and it’s also freeing up time for its employees as they attempt to understand the future of banking, according to chief executive Lee Hatton.
Several of the world's largest banks are in the process of investing around US$50 million to create a digital cash system using blockchain technology to settle financial transactions, according to people familiar with the plans.
Bankwest has launched a new initiative intended to encourage women to consider tech careers.
Westpac experienced zero Severity 1 IT incidents in the second half of FY18 and the first half of FY19, which group CEO Brian Hartzer says reflects the bank’s technology investment program.
NAB has continued to slash its legacy application footprint and migrate systems to the cloud.
The Australian Prudential Regulation Authority (APRA) will use a data exchange platform from Ireland’s Vizor to replace its existing Direct to APRA (D2A) system.