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Stories by Tim Brewin

Small investment, big payback

In Australia, Suncorp chief information officer Jeff Smith says his company employed a 21-year-old graduate to build a mobile banking platform which "essentially cost zero dollars and did a quarter of a billion dollars worth of transactions in June".
Speaking at a recent CIO forum, hosted by Heidrick & Struggles in Sydney, Smith said the browser-based mobile banking service was introduced ahead of its nearest rival, the Bank of Queensland and the 'big four' Australian banks. Unlike ANZ, the Suncorp service does not require customers to download any special software, and it's free.

Written by Tim Brewin02 Oct. 08 22:00