Local banks first to adopt recently announced IBM storage solution

Banking software provider, Misys Plc, has reported an order intake of £109 million for the six-month period ending November 30, 2011. This was an increase of 34 per cent and up three per cent on a pro-forma basis.

The Commonwealth Bank (ASX: CBA) has estimated it will take up to a year before consumers feel comfortable with contactless credit card technology.

National Australia Bank's online unit, UBank, thinks it will permanently change banking industry business models, but BankWest says online banks will eventually be eaten by bricks and mortar parents.

The Asia-Pacific region is set to experience the highest growth of 49 per cent to be worth $US28.1 billion by 2015, analyst firm, Ovum.

The last of millions of National Australia Bank (NAB) customers left cashless and embarrassed by a massive computing failure have had their accounts restored.

The National Australia Bank (NAB) says it wants to make sure customers of other banks are not left out of pocket by its computer problems.

The National Australia Bank (NAB) says it has identified and fixed the computer problem which left millions of customers without cash for days.