Tag: National Australia Bank

NAB hit with record fine for consumer data right breach

Posted on   |  by Justin Hendry
National Australia Bank has been slapped with the country’s largest ever fine under the consumer data sharing regime for failing to disclose credit limit information on four occasions. The...

Business urges govt to ditch phased digital ID rollout

Posted on   |  by Justin Hendry
Businesses have urged the federal government to open its digital identity system to the private sector at the same time as state governments, arguing that not doing so will...

Banks leave Canberra behind on digital ID

Posted on   |  by Justin Hendry
Two of Australia’s biggest banks are forging ahead with a digital identity service in the absence of legislation for an economy-wide expansion of the federal government’s national digital identity...

NAB’s new $50m innovation fund

Posted on   |  by James Riley
National Australia Bank has announced a $50 million investment fund called NAB Ventures to design and build new banking systems. “The fund will enable us to access leading ideas...