NAB appoints new tech chief
NAB has announced that Patrick Wright will be the bank’s chief technology and operations officer (CTOO).
NAB has announced that Patrick Wright will be the bank’s chief technology and operations officer (CTOO).
ANZ bank will automatically update customers’ digital wallets with replacement card details if they report a card lost or stolen.
Calls for Australia’s biggest banks to open up access to customer data could prove a double-edged sword for the fintech industry and further entrench the dominance of the ‘Big Four’, says ANZ’s general manager of data, Darren Abbruzzese.
NAB’s CEO, Andrew Thorburn, today said that after a period of time focussing on its technology infrastructure the banks is “increasingly focussed on using technology to help our customers”.
NAB’s chief customer officer, consumer banking and wealth, Andrew Hagger, says the bank will conduct a “thorough review” to “identify and prevent future disruptions” in the wake of a series of system outages that affected a range of its services.
NAB has suffered its third round of service outages in the space of a week, with the bank suffering problems with its Internet banking platform and payment processing.
NAB has confirmed that it has been struck by a new round of technology problems.
NAB says it is making progress restoring services after system outages took down a number of the bank’s services and affected payment processing.
A number of NAB’s services were hit by system outages last night, with problems for some services continuing this morning, the bank said.
Financial institutions that fail to make their APIs available are ‘doomed’, says Visa’s ANZ head of product Rob Walls.
A shake-up of National Australia Bank's organisational structure has resulted in the departure of its most senior technology executive.
NAB and Telstra today announced they will shortly begin a pilot of a digital marketplace that will allow small businesses to trade services between themselves.
National Australia Bank expects to complete the nationwide rollout of its Personal Banking Origination Platform (PBOP) by the end of the calendar year, following trials in the South Australia and the Northern Territory.
Selling 80 per cent of its life insurance business to Nippon Life will bring in $2.4 billion for NAB, but the bank expects the deal to incur significant separation costs, including the cost of building a new technology platform for the spin-off.
National Australia Bank (NAB) is running over $250 billion in transactions every day out of its Deer Park data centre in Melbourne according to the bank.