Financial Services

Westpac uses AI to challenge suspected payments to scammers

Westpac uses AI to challenge suspected payments to scammers

Will launch 'SaferPay' into its app and internet portal.
Ry Crozier Mar 26 2024 6:52AM Software
Nasdaq resolves technical glitch that impacted premarket trading

Nasdaq resolves technical glitch that impacted premarket trading

Impacted matching engine.
Niket Nishant Mar 19 2024 6:19AM Financial Services
IT contractor sentenced in Australian maritime museum fraud

IT contractor sentenced in Australian maritime museum fraud

Will spend at least 15 months behind bars.
Ry Crozier Mar 19 2024 5:44AM Security
Self-proclaimed Aussie bitcoin inventor is not 'Satoshi Nakamoto', UK judge rules

Self-proclaimed Aussie bitcoin inventor is not 'Satoshi Nakamoto', UK judge rules

In battle to unmask pseudonymous inventor of the cryptocurrency.
Sam Tobin Mar 15 2024 6:40AM Financial Services
Westpac disaster recovery centre hits the market

Westpac disaster recovery centre hits the market

1990s data centre was repurposed in 2017.
Richard Chirgwin Mar 15 2024 6:36AM Hardware
CBA invites Microsoft closer on AI, cyber security

CBA invites Microsoft closer on AI, cyber security

Expands work to cover more copilots, intelligence sharing.
Ry Crozier Mar 11 2024 9:26AM Security
Configuration error costs ASX $1.05 million

Configuration error costs ASX $1.05 million

Impacted more than 8000 transactions.
Richard Chirgwin Mar 7 2024 10:50AM Software
Bendigo's IT integration capability tested in Suncorp Bank buyout case

Bendigo's IT integration capability tested in Suncorp Bank buyout case

Favourable appraisal received.
Ry Crozier Mar 7 2024 6:31AM Financial Services
WTO ecommerce tariff moratorium wins temporary reprieve

WTO ecommerce tariff moratorium wins temporary reprieve

Expiration pushed out to 2026.
David Lawder Mar 4 2024 6:38AM Financial Services
Microsoft tailors AI for finance teams

Microsoft tailors AI for finance teams

In specialised 'Copilot' strategy.
Jeffrey Dastin Mar 1 2024 6:29AM Software
Officeworks looks for shoplifters and fradulent staff in transaction data

Officeworks looks for shoplifters and fradulent staff in transaction data

Rolling out Appriss Retail's Secure platform to 169 stores.
Jeremy Nadel Feb 26 2024 6:24AM Software
Colonial First State sees GenAI making financial planning accessible

Colonial First State sees GenAI making financial planning accessible

As long as regulatory settings and technology capabilities align.
Ry Crozier Feb 22 2024 6:54AM Software
Bendigo and Adelaide Bank touts cost focus as benefiting tech project delivery

Bendigo and Adelaide Bank touts cost focus as benefiting tech project delivery

Continues with a number of concurrent programs of work.
Ry Crozier Feb 20 2024 4:00PM Software
Ubank, other Australian "challenger" banks, hit by lengthy DA outage

Ubank, other Australian "challenger" banks, hit by lengthy DA outage

Exclusive: Problems at core services provider.
Ry Crozier Feb 15 2024 5:02PM Software
Ubank "systems outage" impacts app, online banking

Ubank "systems outage" impacts app, online banking

Services inaccessible since 11.30am AEDST.
Ry Crozier Feb 15 2024 2:09PM Software
CBA racks up "50-plus" GenAI use cases across the bank

CBA racks up "50-plus" GenAI use cases across the bank

Via experimentation environment set up last May.
Ry Crozier Feb 14 2024 2:02PM Software
Regional Investment Corporation insources loan management, contact centre

Regional Investment Corporation insources loan management, contact centre

Stands up Infosys, ipSCAPE core systems.
Ry Crozier Feb 13 2024 6:42AM Software
Westpac adds transaction monitoring to detect power of attorney abuse

Westpac adds transaction monitoring to detect power of attorney abuse

Updates T&Cs with "zero-tolerance" policy on misuse.
Ry Crozier Feb 7 2024 5:53AM Software
Carding attack hits Central Coast Council in NSW

Carding attack hits Central Coast Council in NSW

"Fewer than 20" transactions go through.
Ry Crozier Feb 1 2024 4:05PM Financial Services
German police seizes US$2.17 billion in bitcoin

German police seizes US$2.17 billion in bitcoin

Alleged proceeds from piracy website.
Staff Writer Jan 31 2024 6:44AM Financial Services

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