Posts Tagged online banking fraud

  • The social barometer of our times

    Reviewing the conversation on Twitter from Monday night’s 4Corners program reveals two distinct camps of viewers. Widely viewed and widely tweeted, the program tweet stream has achieved great reach into the online world. Interest in the program was so intense that the follow-on forum conversation ...

  • Will security fears kill off CBA’s online banking ambitions?

    The bankers running Australia’s most actively used online banking service believe their latest upgrade puts them “years ahead” of the competition.With the Commonwealth Bank already well down the path towards deploying its new core banking platform, Drew Unsworth, head of online banking & s...

  • BCU tackles security at the customer PC level

    Rather than rely on its customers to have security services on their personal computer, Northern NSW based Banana Coast Credit Union (BCU) has undertaken to provide PC security health checks with every login. A financial institution providing security at the customer PC level is something unique in ...

  • Vote of no confidence in the trust centre?

    Reports are filtering through that the Westpac-funded trust centre has lost Westpac’s support and funding.Three of the trust centre’s senior staff have defected to start their own consulting firm.I’ve written extensively on the trust centre before (both on this blog and in Online Banking Revie...

  • Cyberwars forum stimulates debate

    RaboPlus has laid down the gauntlet to its competitors over online banking security.Probably the most amusing comment of the many that stimulated debate at last weeks Cyberwars forum was Bryan Inch comparing online banking to faulty cars.Inch told the audience during a panel discussion alongside ANZ...

  • Westpac Trust Centre backs wireless PKI for authentication

    Westpac has confirmed it is looking to wireless PKI as the “game changing technology” that will help drive mobile banking and protect consumer trust in online financial services.Speaking at last week’s Banktech conference, CIO for Consumer Financial Services, Patrick Eltridge, said mobile bank...

  • Banks tow the line on liability for online banking fraud

    More than a month after the official deadline for submissions to ASIC’s review of the Electronic Funds Transfer Code of Conduct, the Australian Bankers’ Association has lodged its submission, arguing for wider uptake of the Code by industry participants, but no change to existing provisions rega...