The Commonwealth Bank of Australia has taken a 25% stake in two retail service providers that resell NBN services and says it will offer discounted plans to its customers through these two companies.
Independent firm Forrester Research has named the Commonwealth Bank a leader in overall digital experience among banking apps in Australia for the fourth year running.
The Commonwealth Bank claims its Benefits finder feature, added to its app and online nationally last September, had saved customers more than $153 million in utility bills and additional government payments alone over the past year.
The Commonwealth Bank has announced the launch of the first phase of Australia's Open Banking regime for sharing consumer data and says it will lead to delivery of better products and services.
The Commonwealth Bank will provide itemised digital receipts through its app, following a deal with fintech provider Slyp. The receipts will be generated for card or digital wallet payments at participating retailers.
The number of Australians using the feature "Benefits finder", in the Commonwealth Bank's digital app and online has more than doubled in the four weeks since the coronavirus outbreak was declared a pandemic, the bank claims.
The Commonwealth Bank has announced that Apple Pay will be available to use with personal debit and credit cards from CBA and Bankwest from today (Wednesday, 23 January).
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