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Australian payments clearing system overhaul to cost AU$1b

Australian payments clearing system overhaul to cost AU$1b

The rollout and operation of Australia's next-generation real-time central financial payments clearing ecosystem could cost the local financial services industry in excess of AU$1 billion over a 12-year period, according to Australian Payments Clearing Association chief Chris Hamilton.

published December 1, 2014 by

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Alibaba plans to invest more in India

Alibaba plans to invest more in India

E-commerce giant Alibaba's founder Jack Ma has promised to invest more in India, where online sales are soaring, predicting that the internet will transform the country's future.

published November 26, 2014 by

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Speech recognition systems grow up

In this 9:38 minutes video, the managing director of VeCommerce Paul Magee demonstrates how speech recognition is being used by Australian betting firm UniTab to enable punters to make complicated wagers without requiring a human operator.Magee visited the ZDNet Australia offices last week to show off how the UniTAB system allows callers to speak using natural language and gives them the freedom to change their minds half way through a transaction.

published April 1, 2007 by

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