Finance

Commonwealth Bank suffers nationwide IT outage
Update: Switch failure causes day of grief.
Banks call for end to regulatory burden on technology
Want room to innovate.
Apple, Google, Intel, Adobe to stand trial over wage cartel
Judge rejects request.
US taxman says Bitcoin is property 
Finance
US taxman says Bitcoin is property
By Juha Saarinen | Mar 26, 2014 | Comment Now 
Will the ATO follow?
 
HP Australia books $270m net loss 
Finance
HP Australia books $270m net loss
By Allie Coyne | Mar 12, 2014 | Comment Now 
Predicts no immediate profits.
 
Bitcoin recovers from MtGox meltdown 
Finance
Bitcoin recovers from MtGox meltdown
By Juha Saarinen | Mar 3, 2014 | Comment Now 
Karpeles apologises for theft.
 
Mt Gox goes bust 
Finance
Mt Gox goes bust
By Sophie Knight, Yoshifumi Takemoto | Mar 1, 2014 | Comment Now 
Loss in hundreds of millions.
 
AusTrac not worried by Bitcoin 
Finance
AusTrac not worried by Bitcoin
By Paris Cowan | Feb 28, 2014 | Comment Now 
Anti-money laundering agency says online currencies are in check.
 
Melbourne IT acquires Netregistry for $50.4 million 
Finance
Melbourne IT acquires Netregistry for $50.4 million
By Paris Cowan | Feb 27, 2014 | Comment Now 
Hoping 2014 is the year of revenue turnaround.
 
Qantas job cuts to impact IT staff 
Finance
Qantas job cuts to impact IT staff
By Allie Coyne | Feb 27, 2014 | Comment Now 
IT suppliers under pressure to lower costs.
 
Photos: The 2014 iTnews Benchmark Awards 
Finance
Photos: The 2014 iTnews Benchmark Awards
Feb 26, 2014 | Comment Now 
We crown the best of the best at the CIO Strategy Summit.
 
MtGox stops trading after alleged huge hack 
Finance
MtGox stops trading after alleged huge hack
By Juha Saarinen | Feb 25, 2014 | Comment Now 
Goodbye, Bitcoin?
 
Vic tech minister shoots down hopes of IT spending spree 
Finance
Vic tech minister shoots down hopes of IT spending spree
By Paris Cowan | Feb 25, 2014 | Comment Now 
Don’t expect any pre-election sweeteners, Rich-Phillips warns.
 
Winklevosses launch Winkdex for Bitcoin 
Finance
Winklevosses launch Winkdex for Bitcoin
By Juha Saarinen | Feb 21, 2014 | Comment Now 
Further troubles at Mt Gox.
 
New York reveals Bitcoin regulation plans 
Finance
New York reveals Bitcoin regulation plans
Feb 12, 2014 | Comment Now 
How to act on virtual currencies.
 
Bitcoin plummets as biggest exchange halts trading 
Finance
Bitcoin plummets as biggest exchange halts trading
By Juha Saarinen | Feb 10, 2014 | Comment Now 
Mt Gox suffers technical issue.
 
Russia bans Bitcoin 
Finance
Russia bans Bitcoin Powered by SC Magazine
By Darren Pauli | Feb 7, 2014 | Comment Now 
'Curious' decision grates with Western government approaches.
 
Google looking at Bitcoin Wallet integration 
Finance
Google looking at Bitcoin Wallet integration
By Juha Saarinen | Jan 24, 2014 | Comment Now 
Senior Google execs confirm interest in digital currency.
 
Credit card companies dump card signatures 
Software
Credit card companies dump card signatures
By Allie Coyne | Jan 22, 2014 | Comment Now 
PINs only.
 
SAP delays profit goal for cloud 
Finance
SAP delays profit goal for cloud
By Harro Ten Wolde | Jan 22, 2014 | Comment Now 
By two years.
 
Dropbox adds $6bn to valuation 
Finance
Dropbox adds $6bn to valuation
Jan 20, 2014 | Comment Now 
More than doubles worth in less than three years.
 
Adobe patches critical Flash, Reader, Acrobat vulnerabilities 
Finance
Adobe patches critical Flash, Reader, Acrobat vulnerabilities
By Adam Greenberg | Jan 16, 2014 | Comment Now 
Holes are 'critical'.
 
ING Direct sources new IT chief from Europe 
Finance
ING Direct sources new IT chief from Europe
By Paris Cowan | Jan 15, 2014 | Comment Now 
IT authority shifted following CIO's departure.
 
Italy buys back Michael Harte's island 
Finance
Italy buys back Michael Harte's island
By Paris Cowan | Jan 10, 2014 | Comment Now 
CBA CIO has Mediterranean dream foiled.
 
Australia's IT spend forecast dips 
Finance
Australia's IT spend forecast dips
Jan 8, 2014 | Comment Now 
Still better than 2013.
 
Westpac joins the race to phone-based payments 
Finance
Westpac joins the race to phone-based payments Powered by SC Magazine
By Paris Cowan | Dec 12, 2013 | Comment Now 
Will it beat CBA to wave-and-go at the cashier?
 
JPMorgan patents Bitcoin-like payments system 
Finance
JPMorgan patents Bitcoin-like payments system
By Juha Saarinen | Dec 11, 2013 | Comment Now 
Web cash mooted.
 
Bitcoin crashes after Chinese ban 
Finance
Bitcoin crashes after Chinese ban
By Juha Saarinen | Dec 9, 2013 | Comment Now 
Receives endorsement from US bank.
 
Up to 465,000 affected by JPMorgan data robbery 
Finance
Up to 465,000 affected by JPMorgan data robbery Powered by SC Magazine
By Jim Finkle, David Henry | Dec 6, 2013 | Comment Now 
July attack not discovered until September.
 
Qld agencies blowing out procurement costs 
Finance
Qld agencies blowing out procurement costs
By Allie Coyne | Dec 4, 2013 | Comment Now 
Few users of whole-of-gov system.
 
Calm down, there is no tech bubble 
Finance
Calm down, there is no tech bubble
By Jon Rushman | Dec 3, 2013 | Comment Now 
The data tells the truth behind the hype.
 
Google launches debit card 
Finance
Google launches debit card
By Alexei Oreskovic | Nov 22, 2013 | Comment Now 
Withdraw Google Wallet funds from the ATM.
 
Bitcoin surges to record highs 
Finance
Bitcoin surges to record highs
Nov 19, 2013 | Comment Now 
US, China to thank.
 
Apple hunted for billion dollar tax fraud 
Finance
Apple hunted for billion dollar tax fraud
Nov 14, 2013 | Comment Now 
Italy investigates.
 
Stock exchanges agree on outage prevention measures 
Finance
Stock exchanges agree on outage prevention measures
Nov 13, 2013 | Comment Now 
Follows major August software glitch.
 
Bitcoin exchanges hacked, users money stolen 
Finance
Bitcoin exchanges hacked, users money stolen
By Juha Saarinen | Nov 13, 2013 | Comment Now 
Millions vanish.
 
UK banks to stage mock cyber attack 
Finance
UK banks to stage mock cyber attack
Nov 12, 2013 | Comment Now 
Testing how financial giants cope.
 
Programming error forces QBE to refund $1.1 million 
Finance
Programming error forces QBE to refund $1.1 million
By Allie Coyne | Nov 11, 2013 | Comment Now 
11,000 Vic customers affected.
 
Twitter shares hit $50 on debut 
Finance
Twitter shares hit $50 on debut
By Gerry Shih | Nov 8, 2013 | Comment Now 
Stocks nearly double.
 
Twitter sets IPO price at $26 per share 
Finance
Twitter sets IPO price at $26 per share
Nov 7, 2013 | Comment Now 
Higher than expected ahead of stock market debut.
 
Infosys to pay $34m in US visa case 
Finance
Infosys to pay $34m in US visa case
Oct 31, 2013 | Comment Now 
But denied widespread wrongdoing.
 
Twitter IPO pegs valuation at $11 billion 
Finance
Twitter IPO pegs valuation at $11 billion
Oct 25, 2013 | Comment Now 
Intends to price shares between $17 and $20.
 
Banks rationalise cost of real-time payments 
Finance
Banks rationalise cost of real-time payments
By Ry Crozier | Oct 18, 2013 | Comment Now 
Concerns over future funding for industry-wide system.
 
CommBank, Coles to offer 'pay tag' stickers for mobile payments 
Finance
CommBank, Coles to offer 'pay tag' stickers for mobile payments
By Allie Coyne | Oct 17, 2013 | Comment Now 
Tap and go takes off.
 
Telcos face barriers to offering mobile payments 
Finance
Telcos face barriers to offering mobile payments
By Ry Crozier | Oct 17, 2013 | Comment Now 
Trust, commercial interests stand in way?
 
Movie customers wrestle with contactless tech 
Finance
Movie customers wrestle with contactless tech
By Ry Crozier | Oct 16, 2013 | Comment Now 
Candy bar transaction times blow out.
 
Banks circle start-ups as path to innovate 
Finance
Banks circle start-ups as path to innovate
By Ry Crozier | Oct 14, 2013 | Comment Now 
But does collaboration pay?
 
Payment card providers closer to scrapping signatures 
Finance
Payment card providers closer to scrapping signatures Powered by SC Magazine
By Ry Crozier | Oct 11, 2013 | Comment Now 
But ACCC wants to delay by a year.
 
Clyne talks up NAB tech transformation 
Finance
Clyne talks up NAB tech transformation
By Charis Palmer | Oct 10, 2013 | Comment Now 
Preparing for 'unstoppable wave of digitisation'.
 
Britain sets out new rules for peer-to-peer lenders 
Finance
Britain sets out new rules for peer-to-peer lenders
Oct 4, 2013 | Comment Now 
Seeks to protect crowdfunding borrowers.
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Which bank is most likely to suffer an RBS-style meltdown?
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ANZ
  20%
 
Bankwest
  9%
 
CommBank
  11%
 
National Australia Bank
  17%
 
Suncorp
  24%
 
Westpac
  19%
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