The banking industry often employs two-step security measures — similar to Google Authenticator — as an added layer of protection against password theft and fraud. Unfortunately, those systems have just been rendered moot by a highly-advanced hack. More »
We got told about it back in October, but the Commonwealth Bank’s Kaching app, offering NFC functionality and the ability to send payments to others, is now officially available. More »
According to the Commonwealth Bank, the figures are pretty one sided, but it raises the question as to whether you bank online on mobiles at all. More »
The Commonwealth Bank wasn’t letting too many details slip about the NFC-enabled case it’ll sell to customers at yesterday’s Kaching launch. A quick hands-on shows the manufacturer, as well as how it’ll handle the issue of charging while in its case. More »
Been waiting for local NFC takeup? The Commonwealth Bank has just launched its Kaching platform, offering NFC capabilities — but for iPhone users only. More »
Internet shopping, online banking, self-diagnosing circuits, individual computers; this was surprisingly advanced stuff for 1966. More »
Heading to the ATM to pick up some quick cash is just another part of life here in the West. But how do you introduce that part of the banking experience into developing nations? Why, with biometrics, of course. More »
When word first broke that the accounts of Citibank cardholders were hacked, the number was pegged somewhere around 200,000. Citigroup has updated that figure, saying it was actually 360,000. Ouch. [WSJ]
If you thought it was weird that St George launched its Lite Banking app on Windows Phone 7, you may find it even weirder that they’ve backed it up by launching on Android before iOS. More »