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Technology is changing finance in ways Jefferson would never have imagined. Marie Shearin Images/Shutterstock

A wave of financial tech firms is shaking up the world of banking

Digital technology and pervasive access to the internet have reshaped many industries, and banking is no exception: Hampden and Co is the latest in a short but growing list of digital-only banks built…
Take a duster to your password collection. It’s as good a time as any. Karen Blakeman

Don’t panic about Heartbleed but have a spring clean anyway

The web is full of scare stories about the Heartbleed security vulnerability but panicking won’t help. Better to use this situation as an opportunity to clean up our acts. Few of us do it but we should…
Cyber-security takes more than cautious laptop ownership. sridgway

UK trails European neighbours on cyber-security

To my amazement, the latest Eurobarometer survey on Cyber Security across Europe received very little attention in the UK, despite its quite revealing findings. The report shows in no uncertain terms that…
The shoulder pads are gone but the IT infrastructure remains. Phagan photos

Ancient IT makes a banking meltdown inevitable

A KPMG report warned last year that the next systemic shock to UK banking could come from an as yet unforeseen event, such as a massive payment outage or a cyber attack. Since the IT systems in most banks…
Data protection may soon come at a price. Randomskk

Hard evidence: how much is your data worth to you?

Data privacy is on our minds like never before. In a relatively small amount of time many of us have gone from carrying out our daily transactions in person to conducting them digitally. We pay energy…
Bank of Melbourne relaunched its new look branch network in 2011 as part of a broader push to build customer relationships. Joe Castro/AAP

Barclays is closing branches, but Aussie banks slow to follow

UK banking giant Barclays has revealed plans to lay off 1700 branch staff and shrink its branch network as customers embrace online and mobile banking. The street faces of banks are changing quickly. Where…

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