25 October 2014

Latest articles for National Australia Bank (NAB)


NAB writes off $297m in under-performing software

09 October 2014  |  3706 views  |  0 News

National Australia Bank is to write down $297 million in software expenses as the promised benefits of some deployments failed to materialise amid rising costs.


Banks and retailers sign on for new Australian Payments Council

26 August 2014  |  6714 views  |  1 News

Australian banks, retailers and payments specialists have signed on to a new co-ordination body that aims to step up the pace of innovation in the country's payments industry.


NAB appoints new tech overlord

01 August 2014  |  3481 views  |  0 News

NAB's new chief Andrew Thorburn has acted quickly to turn around the Australian bank's flagging tech transformation project, replacing enterprise services head Lisa Gray with Renee Roberts, former chief risk officer of NAB-owned Bank of New Zealand.


NAB deploys Eagle Performance

29 April 2014  |  784 views  |  0 Company announcement

Eagle Investment Systems LLC (Eagle), a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that National Australia Bank's Asset Servicing business (NAB) has deployed Eagle Performance, which will be used to service its 70+ asset management client's investment performance measurement requirements.


NAB turns its back on Bitcoin; cites reputational risks

10 April 2014  |  4254 views  |  0 News

National Australia Bank is to close down accounts held by people trading in bitcoin due to the "unacceptable level of risk" posed to its business and reputation.


NAB expands trade finance biz with Misys

03 April 2014  |  1426 views  |  0 Company announcement

National Australia Bank today announces it has invested in a new trade and supply chain finance processing platform and online banking offering from Misys.


Visa and MasterCard to cut ties binding banks and telcos via Host Card Emulation

19 February 2014  |  14329 views  |  12 News

Visa and MasterCard have announced support for Host Card Emulation, a cloud-based mechanism for hosting NFC applications outside the Secure Element that effectively removes the need for bank reliance on telcos in implementing mobile payments.


NAB ordered to upgrade control systems for DMA trading following market spike probe

08 January 2014  |  720 views  |  0 Company announcement

ASIC today accepted an enforceable undertaking (EU) from National Australia Bank (NAB) following an investigation into the 18 October 2012 share price spike of the ASX 200.


NAB adopts Thomson Reuters Eikon across Hong Kong trading floor

23 October 2013  |  1005 views  |  0 Company announcement

Thomson Reuters today announced that National Australia Bank, one of its long-term clients and one of the four largest financial institutions in Australia, has adopted next generation financial markets desktop Thomson Reuters Eikon across its trading floor in Hong Kong to improve staff productivity and cross-market communication.


NAB ditches tellers at 'smart store'

08 October 2013  |  4511 views  |  0 News

National Australia Bank is casting aside the traditional teller in favour of self-service machines at a new flagship 'smart store' in Melbourne.

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