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NAB increases internet banking payment security

According to the bank, the free service utilizes Short Message Service (SMS) two-factor authentication technology to protect customer funds from internet banking fraud. It works by sending a

JCBank unveils new text banking services

According to the bank, the new service was set up in the hope of facilitating communications between the bank and client by allowing the bank to contact clients

HSBC warns of credit card security breach

The London-based banking giant said that customers who used their MasterCard credit cards to make purchases at a retail outlet may have had their details compromised. The incidents,

IBM and Fair Isaac pair up for Basel II

The solution offering marries IBM’s Basel II Risk and Compliance-Information Management Offering with Fair Isaac’s Triad adaptive control system. The net result is an integrated system that lets

SpareBank 1 signs new contract with EDB

As a result of this new agreement, EDB an Oslo-based IT provider, will provide SpareBank 1 Gruppen with new solutions in three different areas. Firstly, EDB will provide

HSBC to double offshore staff

Chief operating officer Alan Jebson said the bank saves about $20,000 for each job it moves, and that only adverse customer reaction could cause it to rethink its