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banks - News, Features, and Slideshows
Major Australian banks have made mobile payments a priority tech initiative and are in various stages of rolling out technology that lets customers pay with smartphones. Commonwealth Bank and Westpac are so far leading the pack, but ANZ Bank and National Australia Bank (NAB) say they are planning to make their own moves soon.
Suncorp Bank has revealed it will soon support contactless mobile payments on Apple iOS and Google Android devices.
St George Bank, viewed as the 'innovation hub' of Westpac, has adopted a 'mobile only' strategy, according to CIO Dhiren Kulkarni.
Australian consumers trust banks the most with mobile payments, according to a Deloitte report released today.
Leading on technology is a “life-and-death matter” for Commonwealth Bank, according to CEO Ian Narev.
Security concerns have delayed the release of Commonwealth Bank’s Android-based EFTPOS terminal, CBA executives have revealed.
Eftpos has switched on new centralised payments infrastructure that is meant to speed up the rollout of products including Eftpos online and mobile payments.
Ingogo has announced it will expand beyond cab bookings with a payment and accounting platform for small and medium enterprises (SMEs).
Banks can win against the fast-growing PayPal because they are more trusted by customers, according to Bendigo and Adelaide Bank managing director, Mike Hirst.
Banks across Europe are now coping with a wave of cybercrime in which crooks are transferring funds out of customer accounts through a scam involving bypassing some two-factor authentication systems to steal large sums, according to a security firm assisting in the investigation.
Westpac’s move to supporting Android and Windows Phone devices “is another nail in the BlackBerry coffin,” according to independent telecom analyst Chris Coughlan.
A mobile digital wallet revealed by Bendigo Bank provides incentives to users who make payments by scanning QR codes.
Biometrics look like the future of authentication for payments, according to payment experts at the Biometrics Institute Asia Pacific Conference in Sydney.
Eftpos has finished building a centralised payments hub meant to speed up the rollout of products including Eftpos online and mobile payments.
Linux, 'dual live' data centres and a collaborative relationship between development and IT operations have all helped play a role delivering infrastructure stability while driving rapid ongoing growth at Tyro Payments, according to Sascha Hess, the vice-president for operations at the acquiring bank.
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