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.
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 Bank chief information officer John Loebenstein will retire at the end of June this year, with the bank restructuring its technology division in his wake.
St George Bank has renewed its five-year, AU$100 million contract with Optus for its communications services including voice, data and mobile.
In the wake of the confirmed AU$18.6 billion merger between Westpac and St George Bank, observers have forecast that the IT hangover from the deal could take at least three years to wear off, but in the process the merged banking entity will become one of the largest IT shops in Australia.
Banks are under a great deal of pressure to keep their systems watertight but sometimes they implement security policies that make no sense and create unnecessary inconveniences for their customers.
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.
There are plenty of popular strategies for reducing enterprise storage usage, but up until now I've never heard the usage of Facebook or instant messaging listed amongst them -- but there's a first time for everything.
Banner adverts for Dell and Optus were appearing on the Pirate Bay Web site earlier this week -- until ZDNet Australia published a story revealing the fact.
It is quickly becoming the norm for Australia's largest banks to offer discounts on or completely free computer security software to boost internet banking security. The question is, why?
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.
Security weaknesses in Microsoft's server and browser software are taking their toll on Australian Internet banking sites.
Financial organisations are slowly embracing the notion of unified communications, but significant organisational hurdles remain
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.
Many e-commerce deployment options exist, but few are as simple as Business in a Box.
Phishing scams work on an embarrasingly low percentage of users -- but apparently that's enough to keep them profitable.
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