Published on December 19, 2010 by Technology Slice
Banks Are Still Optimistic – Often criticised for not fronting up to the public, Australia’s bank bosses have been almost inescapable in one of the industry’s biggest weeks in recent memory. Bashed by Canberra, the media and their customers, senior executives of the big four banks got a chance to retaliate. Three of the four [...]
Tags: anz, Bank Bosses, Bank Executives, Building Societies, Canberra, Chief Executives, Committee Inquiry, Commonwealth, Credit Unions, Glut, Messrs, Mike Smith, nab, Public Appearances, Ralph Norris, Senate Committee, Senior Executives, Treasurer Wayne, Wayne Swan, Westpac
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Published on December 17, 2010 by Technology Slice
NAB Problems Continue – National Australia Bank has warned customers that incorrect fees and interest charges stemming from last month’s data debacle may not be refunded until the end of January. The bank, which is still repairing accounts affected by a data processing failure late on November 24, confirmed customers will be refunded any losses [...]
Tags: Account Balances, Advertisement, Customer Accounts, Customer Payments, Data Processing, Debacle, Disaster, External Provider, Failure, Interest Charges, Internet Banking, Losses, nab, National Australia Bank, National Bank, Overdraft, Processing System
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Published on December 16, 2010 by Technology Slice
NAB CEO Blasts Critics – National Australia Bank chairman Michael Chaney has lashed out at much of the criticism levelled at the banking industry on mortgage rates, calling it “unjustified and unfair”. The former Wesfarmers boss has sought to defend the sector from “bank bashing” saying many of the arguments about a lack of competition [...]
Tags: Annual Shareholders Meeting, Australian Banks, Bank Regulators, Banking Industry, Blasts Critics, Boss, Ceo, Chairman Michael, Global Financial Crisis, Michael Chaney, Mortgage Rates, nab, National Australia Bank, Profits Tax, Public Criticism, Senate Inquiry, Swan, Treasurer Wayne, Wayne Swan, Wesfarmers
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Published on November 27, 2010 by Technology Slice
NAB Glitch Is Still Not Fixed – NAB carried out remediation work overnight to complete payment and transaction processing from yesterday morning’s disruption, and these transactions have now been processed. But some payment processing originated yesterday had been delayed, including payments made to NAB customers and some payments from NAB to other banks’ customers. NAB [...]
Tags: Apologised, Atm, Bank Customers, banks, Cameron, Centrelink Payments, Chief Executive, Customer Payments, Disruption, Electronic Banking, Glitch, nab, National Australia Bank, Payment Processing, Remediation Work, Sorry For The Inconvenience, Spike, Traffic, Transaction Processing, Yesterday Morning
Posted in Money
Published on November 26, 2010 by Technology Slice
NAB Pay Delays Continue – Millions of Australians could be strapped for cash this weekend, as National Australia Bank’s service problems drag on into a second day. The technical glitch, which affected millions of transactions including the deposit of salaries and Centrelink benefits yesterday, is also continuing to slow NAB’s ATM and eftpos transactions. The [...]
Tags: 25 November, australians, Backlog, Centrelink Benefits, David Thiele, Drag On, Eftpos Transactions, Inconvenience, nab, National Australia Bank, Network Speeds, Outrage, Payment Processing, Property Deals, Queensland, Remediation Work, S System, System Outage, Technical Glitch, Toowoomba
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