St George Bank's group executive for group technology and operations, Paul Newham, has pulled in almost a million for his year's work at the bank.
St George is joining the ranks of financial institutions taking up two-factor transaction authentication to protect its customers from fraud.
Australia's fifth largest bank St George has completed a refresh of its data warehouse systems on the eve of its likely merger with larger rival Westpac.
Australia's major banks will continue to pursue huge technology projects that will fuel local IT spending for the next few years despite the global financial crisis, according to a leading local analyst.
Technology analysts have given Westpac CEO Gail Kelly the thumbs up for purging old blood from the bank and are not surprised by ex-CommBank CIO Bob McKinnon's appointment.
The next time you're buying antivirus software, don't go direct to Symantec or McAfee. Don't download free antivirus. And definitely don't see Harvey Norman. Ask your bank they're quite literally giving the stuff away.
The motivation for money laundering is greed, and the common gateway is the Internet. How do Australian banks use technology to fight this phantom menace? ZDNet Australia investigates.
Financial organisations are slowly embracing the notion of unified communications, but significant organisational hurdles remain
The Commonwealth Bank stands alone as the only top tier bank in Australia with its sights on biometrics as a means to improve security for its customers -- but critics say the technology is still too young.
The question on the lips of most CIOs is no longer whether to send work offshore. It's a question of how much to send.
Security weaknesses in Microsoft's server and browser software are taking their toll on Australian Internet banking sites.
Phishing scams work on an embarrasingly low percentage of users -- but apparently that's enough to keep them profitable.
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