The digitalised process will take only a few minutes Currently, parents/guardians of students enrolled in MOE schools may apply for GIRO through Internet Banking or online application form if they are a DBS, POSB or OCBC account holder. Account holders of other banks would have to submit paper-based GIRO forms,…
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PowerBoard is a significant step for CBA as they look beyond traditional banking The role of a bank in ecommerce in Australia is changing, with the launch of CBA’s new platform PowerBoard. With this solution, selected merchants will be able to “plug in” to the platform once and deploy their…
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Medibank continue to work closely with the Australian Federal Police Medibank has become aware that customer data has been stolen and released on the dark web overnight. Medibank are in the process of analysing the data, but the data released appears to be the data the criminal stole. Unfortunately, Medibank…
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NAB has had a long and proud relationship with AWS dating back to 2013 NAB has signed a multimillion-dollar, long-term deal with Amazon Web Services (AWS) to further drive NAB’s cloud-first technology strategy. The extended and expanded collaboration is part of NAB’s ambitious multi-cloud approach, which has seen it become…
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AWS helped implement an entire banking platform in the cloud Amazon Web Services (AWS), an Amazon.com company, today announced that Timo, Vietnam’s leading digital bank, has built and launched its cloud native core banking platform on AWS in just six months. The cloud banking platform will help Timo scale its business and…
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Cyber criminals are operating like a business with affiliates and associates The Australian Federal Police, working with Interpol has named Russia as the culprit for recent data breach at Medibank. I know Australians are angry, distressed and seeking answers about the highly sensitive and deeply personal information that is being…
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The bank has taken additional steps to include oft-overlooked miscellaneous expenses DBS welcomes the inclusion of insurance policy data in SGFinDex, which marks a significant step forward for consumers in Singapore to gain a more complete view of their finances, as they can now easily access information on their life,…
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It is too soon to determine the full extent of the customer data that has been stolen There has been a further development in Medibank’s cybercrime event, which is subject to a criminal investigation by the Australia Federal Police (AFP). It has become clear that the criminal has taken data…
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An error occurred during a planned change to the software The Reserve Bank experienced a system issue yesterday evening, which impacted the Fast Settlement Service (FSS) and the Low Value Clearing and Settlement Services (LVCS and LVSS). An error occurred during a planned change to the software that manages the…
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CTBC Bank is expanding its rewards program Ascenda, the technology company that makes banking rewarding, announced a strategic partnership with CTBC Bank, one of the largest private sector banks in Taiwan, to transform their market-leading rewards program. The cloud-native solution powered by Ascenda will unlock differentiation, increase credit card spend, and greater…
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