Customers at Royal Bank of Scotland, NatWest and Ulster Bank were again left without cash yesterday evening after a technical glitch hit the banks.
Latest from Liam Tung
Natwest and Ulster Bank customers were among those who experienced disruption to their online services on Wednesday, after RBS's systems suffered an outage once again.
Macquarie Bank has teamed up with finance news aggregator Wotnews to deliver a new retail online trading platform.
National Australia Bank took the knife to its long-time chief information officer Michelle Tredenick this week, but was this a reflection of her perceived incompetence or simply a consequence of the manoeuvring at higher levels that seems endemic in Australia's incestuous banking IT community?
Following a disappointing half-year result, ASX-listed IT consultancy Oakton has put its enterprise resource planning (ERP) business under a microscope.
The National Australia Bank yesterday met union representatives to discuss the future of IT staff who might still be needed at the bank following its decision to suspend work with Indian IT outsourcer Satyam.
Commonwealth Bank of Australia today revealed its technology costs had continued to fall, down $30 million from the previous half-year to $380 million.
Local bank Bankwest has sold back to Unisys the 49 per cent stake it held in Unisys West, a Perth-based IT outsourcing company jointly owned by the pair.
Australia and New Zealand Banking Group's technology costs rose $16 million over the past year, according to documents released this week, largely due IT contractors hired to upgrade its risk management systems.
Australia's central bank has criticised the nation's four largest commercial banks for shirking on investments in payment systems technology, resulting in a lack of innovation and neglect of systems like EFTPOS.