Latest News
Parpera, Railspay to launch microbusiness banking app
ANZ Banking Group tackles risk reporting 'rethink' on Google cloud
Facebook plans to hire 10,000 in EU to build 'metaverse'
Gov to begin issuing vaccine passports for international travel
Westpac puts a positive lens on its transformation strategy
transaction
Woolworths looks to digital's impact on in-store sales
Not just on how much it drives customers to shop online.
Aug 26 2021 12:55PM
Westpac outs NPP as enabler for abusive payment messages
NPPA says it can't see content of transaction descriptions.
Apr 30 2021 7:05AM
Westpac to settle AUSTRAC transaction monitoring lawsuit for $1.3bn
Massive penalty $400m above existing provisions.
Sep 24 2020 8:47AM
NAB highlights technical hurdles filtering for abuse in transaction descriptions
As other banks step up keyword monitoring.
Sep 16 2020 3:44PM
CBA, other banks weigh IT countermeasures against digital payment abuse
In response to messages hidden in low-value transaction descriptions.
Jun 11 2020 6:50AM
CBA uncovers abusive messages in digital transaction descriptions
More than 8000 customers harassed via low-value deposits.
Jun 4 2020 10:08AM
Coinbase users watch card fees drain bank accounts
Crypto exchange promises refunds.
Feb 16 2018 11:42AM
NAB suffers payment processing glitch
Transactions delayed.
Jul 25 2017 10:20AM
Visa debit users charged twice in Cuscal glitch
Transactions duplicated on Saturday.
Apr 19 2016 2:58PM
Payment card providers closer to scrapping signatures
But ACCC wants to delay by a year.
Oct 11 2013 11:03AM
ME Bank moves down agile path
Tied to business process rework.
Sep 19 2013 6:26AM
AUSTRAC spends $2.5m on Exadata upgrade
New database machines.
Aug 26 2011 12:46PM
PCI Standards Council updates PIN transaction security requirements
Aims to simplify process.
May 14 2010 2:50PM
ATO tackles cash economy with data matching
Plasterers under investigation.
Mar 31 2010 11:37AM
Gartner in two-factor authentication warning
Layer anti-fraud techniques.
Dec 15 2009 6:35AM
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.
Nov 25 2008 3:20PM
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.
Nov 12 2008 2:26PM
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.
Jul 9 2008 4:49PM
Barclays online transaction system crashes
No online payments for nearly 24 hours.
Mar 19 2007 12:21PM
Oracle smashes transaction speed record
Four million transactions per minute sets new world record, Oracle claims.
Mar 5 2007 8:12AM
