CBA chief talks up innovation amid AU$628m in IT expensesThe Commonwealth Bank of Australia group chief executive officer Ian Narev is talking up the bank's digital prowess after it saw AU$628 million in IT service expenses in the first half of the 2015 financial year.February 10, 2015 by Leon Spencer in Finance
ANZ to fast-track change to a digital culture: CEOANZ will have to step out of its comfort zone and make big leaps in its efforts to fast track its alignment to a digital culture, according to the company's CEO Michael Smith.December 18, 2014 by Leon Spencer in Finance
Report calls for Australian financial innovation committeeThe final report by an inquiry into Australia's financial system has called for the formation of a public-private collaborative innovation committee, with the aim of helping the local industry keep pace with emerging technology in the sector.December 7, 2014 by Leon Spencer in Finance
Australian payments clearing system overhaul to cost AU$1bThe 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.December 1, 2014 by Leon Spencer in Finance
ANZ to roll out tap and PIN ATM in 2015ANZ Bank is planning to roll out what it calls a 'world first' EMV secure 'tap and PIN' ATM next year, along with a new ANZ FastPay card reader, and a mobile wallet platform.November 4, 2014 by Leon Spencer in Finance
Westpac Live hits 2.7 million people in digital services driveWestpac's new mobile and online platform Westpac Live has been rolled out to more than 2.7 million customers, with the bank employing new digital platforms to back its ongoing customer-centric strategy.November 2, 2014 by Leon Spencer in Finance
HP secures Bank of Queensland IT contractBank of Queensland has again chosen HP to take care of its IT services, inking a five-year contract that the bank expects will underpin its strategic transformation agenda.October 8, 2014 by Leon Spencer in Finance
No Google Wallet for AustraliaAustralians 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".August 20, 2014 by Leon Spencer in Finance
Regulatory changes absorbing IT innovation spend: CEO surveyThe costs involved in adhering to regulatory changes in Australia's financial services sector are making it hard for companies to invest in technology innovation, according to findings in the latest FSC-DST CEO Survey Report.July 30, 2014 by Leon Spencer in Finance
Coles launches mobile walletColes has launched its own mobile wallet, integrating an NFC contactless payment sticker, smartphone app for iPhone and Android, its existing Coles MasterCard credit card program, and its Flybuys loyalty card program.July 14, 2014 by Leon Spencer in Finance
