BANKING & FINANCE

National Australia Bank's Internet and phone banking system have crashed, flooding the bank with complaints from customers saying they could not access it. 

Following the footsteps of Indian and Venezuela, Australia is also considering to ban $100 notes in a bid to crack down black money. Furthermore, ban on cash payments exceeding a certain limit is also under consideration.

NAB will increase the variable interest rates for home loans from Monday.

MasterCard could pay £19 billion (AU$33 billion) in damages for allegedly setting unlawfully high interchange fees for 16 years. A class action suit in the UK against the financial services giant could see millions of British consumers collecting more than £450 (AU$780) each.

The Turnbull government has announced a $75 billion infrastructure project to secure the future of Arrium Mining and Minerals, which entered into voluntary administration on Thursday.

ASIC says ANZ used its large market position to influence interest rates, which benefited the bank but disadvantaged its clients.

The profitability of Australia's banks, which at one point were worth more than the whole of the European banking sector, may not last as margins are under pressure on two counts.

While most may decide to spend their Christmas in a conventional manner, some may decide to spend their holiday money for a cause.

According to Minister of Agriculture Alexander Tkachev, around 15 percent of Turkish agricultural products do not meet Russian standards.

Fortescue Metals Group Limited inked an Iron Ore Sale and Purchase Agreement with Australian Aboriginal Mining Corporation Pty Ltd on Monday.

The United Kingdom is changing the tail design of its £1 coin.

Very high oil prices may be bad for the global economy, but too low prices of the commodity may also negatively impact markets.

It appears The Pirate Bay is back in business as it reportedly popped out of Costa Rica. Following Swedish police crackdown on the site, the notorious file-sharing site appears to back up through a Costa Rican web address. This also follows declarations of Pirate Party head Bruno Kramm that it is impossible to close down sites as such because multiple servers will eventually go up for their sake.

Last Friday, Apple declared publicly that the company has launched a new program, which invites iPhone users to get a replacement of their iPhone chargers that are deemed to be faulty. This invite is applicable for iPhone users belonging to 37 different countries across the globe.

E3 (Electronic Entertainment Expo) 2014, the annual video game conference at the Los Angeles Convention center has unveiled quite an assortment of games this year. Both Microsoft and Sony utilized their turn impressively. Nevertheless, the war between PS4 and Xbox One are world renowned.

The brand new 'Razer Blade' 2014 laptop is projected as the epic gaming laptop ever. In a nutshell, it comes with a killer display, thin clamshell design and it provides ultimate gaming experience.

Samsung is working on a smartwatch that combines the ability to make 'phone calls,' along with capturing images, and sending emails. It is worth noting that, in order to make or receive phone calls, the upcoming 'stand-alone' smartwatch need not be connected to a smartphone.

Here is a list of five challenging Android Apps compiled by Droid-Life that are extremely addictive and guarantees fun. Oodles of gaming apps got released in the past couple of months and mobile gaming on Android has never been better. The list consists of free as well as premium apps that are sure to take your gaming interest to a whole new level.

Google has filed a new patent application with the U.S. Patent Office for a contact lens, which comes embedded with a tiny camera.

A Piper Jaffray survey has found the number of American teens using iPhones is rising based on the previous year's 48 percent to 61 percent this 2014.

Amazon introduced its Fire TV last week to a very positive review but now Google is rumored to launch its own set-top box. The competition is already rife with Apple TV, Roku, Google’s own Chormecast and Amazon’s Fire TV ruling the roost.

With the brand new Fire TV, Amazon is entering the streaming video player market with Google Chromecast, Roku and Apple TV as prime competitors.

Amazon is expected to showcase its band new TV - streaming device at a press conference in New York City this week.

Flappy Bird Creator Dong Nguyen will be incorporating the message, "Please take a break," in the game. The game author has plans to return his hit game to the App Store, according to several consultations of the app developer with his fans.

The Fin Wearable Ring Transmitter is the latest wearable technology that enables palms to be used as a digital touch interface and numeric keypad. It is different from the other wearable gadgets that are mostly worn on the wrist as smartwatches. It is a gesture-based gadget that is best worn on the thumb. Read on to learn more about this amazing technology!

"American Idol" host Ryan Seacrest's Typo Keyboard for iPhone is being sued by Blackberry for patent infringement. Blackberry Ltd. filed a lawsuit in the Northern District of California against Typo Products LLC on Friday, Jan. 3, 2014.

Users of Samsung Galaxy Note 3 may encounter low WiFI problems and similar connectivity issues. Some users reported not getting more than 54MB while surfing. Fortunately, there are several ways for them to boost their connection speed.

Sony and Microsoft released the PlayStation 4 and Xbox One. As the rivalry continues, gamers can look forward for more next generation consoles. Recent reports hint what people can expect from the next PlayStation 5 and Xbox. There were also reports showing the concept for the next-generation Wii. It will definitely be a packed season.

Apple has been working with chords for the longest time. Nonetheless, reports of a newly won patent indicates the tech giant is ready to go wireless. From its iMacs to iPhones and MacBooks, it seems Apple will be pushing for wireless charging in the near future.