Archive for Technology
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Cloudy with a chance of competition
OPINION The plans for Sony Bank in Australia, Rogers Bank in Canada and Movenbank in the US are all proof banking competition of the future is going to come from non-traditional players. The first big driver for this is the mobile channel, which is leading to a rethink of the way people can ...
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The downside of downtime
OPINION Bank technology has been in the headlines of late for all the wrong reasons. Online banking downtime is becoming a more frequent occurrence, or at least an occurrence that gets noticed more often, as more customers shift online and banks struggle to service them consistently with decades ...
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Substance over style
OPINION The recent launch of the iPad2 did not disappoint Apple fans, with enough new additions to keep technology analysts entertained. Focus will now turn to the iPhone 5 and ongoing speculation it will include NFC technology to enable payments. The fact each new Apple release receives so mu...
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Portability is possible, getting big four agreement a lot harder
OPINION National Australia Bank chief Cameron Clyne looked a little nervous when asked about account portability at yesterday’s Senate grilling, as testimony got underway in the current inquiry into banking competition. Given he had just moments before pointed out it’s the cost and time of...
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Fiserv launches ZashPay, paving the way for an Australian deployment
US online banking vendor Fiserv has officially launched its person-to-person mobile payments service known as ZashPay to American consumers, paving the way for an Australian bank deployment. ZashPay allows anyone to send and receive money (currently only in the US), using only the recipients name...
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Is hardware the future of mobile payments?
One of the less talked about features missing from the controversial iPhone 4, which was allegedly stolen from a bar and sold to a journalist in April, is the contactless capability many bankers have been waiting on. An examination of the photos of the iPhone 4 and its components finds no evidenc...
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Banks trial online banking apps on Telstra’s T-Hub
Three of Australia's four major banks are preparing to offer online banking tailored to Telstra's T-Hub device, testing their existing mobile applications for the T-Hub's seven inch screen. The T-Hub is a wireless touch-screen device, linked to a Telstra fixed line and BigPond broadband servic...
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ANZ just scratching the Surface
ANZ bank has become the first company to deploy Microsoft Surface technology in Australia, but has told Online Banking Review it is still working out how best to apply the technology to a real-life banking environment. The technology was seen in action at this year’s Australian Open tennis tour...
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Thou shalt bank on an iPad
It’s been labeled “the biggest advance in bathroom reading technology in human history”, but jokes aside, has Apple just unveiled a device that will boost mobile banking? Or has Steve Jobs simply added to the growing number of screens we can stare at our bank balance from? The iPad, which l...
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Australian banks begin to embrace Twitter
ANZ is preparing to join UBank and RaboPlus in serving Australian customers via social networking platform Twitter. The bank has set up Twitter account @ANZ_responds which is labelled as “The customer response team for ANZ”.Since Online Banking Review set up this list of banks and bankers on Twi...
