Feeds

CBA tussles with NFC security

Launching Kaching on Android in six weeks

  • alert
  • submit to reddit

Protecting users from Firesheep and other Sidejacking attacks with SSL

The Commonwealth Bank’s four-year, AUD$1.1 billion technology upgrade is starting to yield results, but the bank claims NFC tech industry standardisation is holding back progress.

On the back of the bank’s latest celebrity-styled marketing push, the CBA unveiled the latest features for its NetBanking platform and mobile banking offering Kaching.

The Kaching platform , which is currently offered for the iPhone, will gain an Android incarnation in the next six week, albeit without NFC capability due to security concerns.

CBA CIO Michael Harte said at a briefing yesterday that Australia needed “ubiquitous availability and standardisation of near-field to ensure that every customer in Australia and hopefully beyond can enjoy this low cost and convenient capability.”

A CBA spokesperson added that the security issue with NFC was not just limited to one technology provider but an industry wide standards problem which the CBA is calling on being resolved ASAP.

The Kaching service, which launched in October has had 300,000 downloads. The latest version of Kaching features simplified balance information and speed improvements to make tap-and-go peer-to-peer payments faster.

The bank has also partnered with Google to launch FX Google Chrome, a foreign currency management tool and NetBank for Google Chrome, the first Bank to have an App in the Australian Google Chrome App Store. ®

Website security in corporate America

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.