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ANZ banks on major tech investment

The bank has rolled out a swathe of technology initiatives, including in-branch video conferencing and a NFC contactless payment trial on Android phones, to improve customer experience.

October 3, 2012 by

Taiwan: Foxconn overpaying for Sharp stake

Taiwan's economic affairs ministry returns application by Hon Hai, also known by trading name Foxconn, to buy stake in Sharp, citing insufficient detail on investment efficiency of deal it considers "a little pricey".

August 9, 2012 by

No big-ticket spend post-core: CBA

With a billion-dollar core-modernisation project coming to an end, Commonwealth Bank CEO Ian Narev has outlined how the bank will identify and move forward with new technology projects, saying that it will be some time before it takes on another initiative of the same magnitude as the transformation project.

February 14, 2012 by

ANZ Bank CIO still wary of cloud

Cloud computing more suitable for small and midsize businesses than for large financial institutions, and vendors need to tailor products to make them relevant for large organizations, says ANZ Bank's IT head.

October 6, 2011 by

Taxi app wars heat up

The imminent launch of taxi booking application Ingogo has received a massive financial boost having secured first round investment funding from a collection of high-profile technology, banking and angel investors, including a Google staffer and MYOB co-founder.

September 14, 2011 by

8 ways to fix RIM with a reality check

It's almost becoming a daily ritual to see bad news spelling out Research In Motion's doom, whether it be disappointing earnings reports, layoffs, executive departures or just poor BlackBerry product sales in general. Jefferies, a global securities and investment banking group, has eight suggestions that could turn RIM around, but let's give each one a reality check first.

June 21, 2011 by

No new IT dollars for ANZ Bank: Smith

Chief executive officer (CEO) of ANZ Bank, Mike Smith, has declared that there will be no new "massive spend" on new IT projects, promising instead to squeeze more out of its existing investments while singling out its internet banking platform for improvement.

May 3, 2011 by

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