transaction

ANZ develops algorithm to tackle abusive messaging in payments

ANZ develops algorithm to tackle abusive messaging in payments

In-house at the bank.
Kate Weber Apr 29 2022 12:04PM Financial Services
NAB increases measures to block abusive transaction descriptions

NAB increases measures to block abusive transaction descriptions

NAB blocked than 10,000 abusive transactions last month.
Digital Nation Staff Apr 12 2022 11:10AM Governance
Woolworths looks to digital's impact on in-store sales

Woolworths looks to digital's impact on in-store sales

Not just on how much it drives customers to shop online.
Ry Crozier Aug 26 2021 12:55PM Strategy
Westpac outs NPP as enabler for abusive payment messages

Westpac outs NPP as enabler for abusive payment messages

NPPA says it can't see content of transaction descriptions.
Kate Weber Apr 30 2021 7:05AM Financial Services
Westpac to settle AUSTRAC transaction monitoring lawsuit for $1.3bn

Westpac to settle AUSTRAC transaction monitoring lawsuit for $1.3bn

Massive penalty $400m above existing provisions.
Ry Crozier Sep 24 2020 8:47AM Financial Services
NAB highlights technical hurdles filtering for abuse in transaction descriptions

NAB highlights technical hurdles filtering for abuse in transaction descriptions

As other banks step up keyword monitoring.
Andrew Colley Sep 16 2020 3:44PM Financial Services
CBA, other banks weigh IT countermeasures against digital payment abuse

CBA, other banks weigh IT countermeasures against digital payment abuse

In response to messages hidden in low-value transaction descriptions.
Ry Crozier Jun 11 2020 6:50AM Financial Services
CBA uncovers abusive messages in digital transaction descriptions

CBA uncovers abusive messages in digital transaction descriptions

More than 8000 customers harassed via low-value deposits.
Ry Crozier Jun 4 2020 10:08AM Financial Services
Coinbase users watch card fees drain bank accounts

Coinbase users watch card fees drain bank accounts

Crypto exchange promises refunds.
Ry Crozier Feb 16 2018 11:42AM Financial Services
NAB suffers payment processing glitch

NAB suffers payment processing glitch

Transactions delayed.
Ry Crozier Jul 25 2017 10:20AM Financial Services
Visa debit users charged twice in Cuscal glitch

Visa debit users charged twice in Cuscal glitch

Transactions duplicated on Saturday.
Allie Coyne Apr 19 2016 2:58PM Software
Payment card providers closer to scrapping signatures

Payment card providers closer to scrapping signatures

But ACCC wants to delay by a year.
Ry Crozier Oct 11 2013 11:03AM Financial Services
ME Bank moves down agile path

ME Bank moves down agile path

Tied to business process rework.
Ry Crozier Sep 19 2013 6:26AM Financial Services
AUSTRAC spends $2.5m on Exadata upgrade

AUSTRAC spends $2.5m on Exadata upgrade

New database machines.
Ry Crozier Aug 26 2011 12:46PM Hardware
PCI Standards Council updates PIN transaction security requirements

PCI Standards Council updates PIN transaction security requirements

Aims to simplify process.
SC Australia Staff May 14 2010 2:50PM Security
ATO tackles cash economy with data matching

ATO tackles cash economy with data matching

Plasterers under investigation.
Liz Tay Mar 31 2010 11:37AM Financial Services
Gartner in two-factor authentication warning

Gartner in two-factor authentication warning

Layer anti-fraud techniques.
Phil Muncaster Dec 15 2009 6:35AM Security
CBA system glitch takes out money twice

CBA system glitch takes out money twice

The Commonwealth Bank has blamed an unknown overnight processing system glitch for causing some Netbank and ATM transations to be processed twice.
Staff Writers Nov 25 2008 3:20PM Software
AIG Life forks out $10m for tech upgrade

AIG Life forks out $10m for tech upgrade

AIG Life is starting a $10 million, three-year technology upgrade to provide a completely electronic way for financial advisers to quote and issue its insurance policies, including from mobile devices.
Staff Writers Nov 12 2008 2:26PM Software
Domestic payment filter targets terrorist transactions

Domestic payment filter targets terrorist transactions

Logica is banking on anti-terrorist regulatory compliance with this week’s launch of its automated transaction scanning software.
Liz Tay Jul 9 2008 4:49PM Security

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