Financial services are on IT's cutting edge.
Articles about Banking
While Apple hasn't officially given Apple Pay the nod for anywhere outside the US, the signs are good that Europe, and the UK in particular, could be next on the list.
Westpac Group has launched The Hive, an innovation hub that will bring together internal and external people from the company to collaborate and experiment on new technologies.
Participating banks of the newly-announced Apple Pay payment system are expected to give a share of the earnings they receive from merchant fees to Apple.
As Australia’s big four banks race for dominance in the mobile commerce stakes, ANZ has revealed that its goMoney mobile-to-mobile payments platform has hit AU$100 billion in transactions to date.
As Qantas looks down the barrel of an AU$2.8 billion loss for the financial year ending June 2014, the airline is hoping to see cash savings of AU$200 million by the end of FY15 with efficiency enhancements driven by new technology.
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The world's largest commercial bank has deployed IBM's Mainframe Active Active technology.
New York-based Moven has always seen itself as a disruptor of banking, but now it's partnering with them.
Customers armed with an iPhone 5S will be able to log into St George's internet banking app with just a fingerprint when iOS8 arrives.
Bank extends its long-term service and technology relationship with IBM to accelerate the roll-out of new digital products and services.
Australians will not see Google Wallet officially arriving in the country any time soon, with Google ANZ managing director dismissing the plan in favour of "more exciting things".
A Forrester report has highlighted that CIOs need to drive a collaborative approach to their digital strategy.
Westpac plans to target travelling customers next month when it releases new features to its mobile banking app.
The Commonwealth Bank of Australia has seen its cash profit for 2014 grow 12 percent to a record AU$8.68b with internet banking now handling 47 percent of the bank's transactions.
Bendigo and Adelaide Bank spent AU$70 million on IT during the 2014 financial year, mainly on software maintenance and on the bank's new website.