Displaying items by tag: CBA

The Commonwealth Bank says using Artificial Intelligence to help protect its customers has reduced fraud by 30% and seen a 50% reduction in scam losses. 

The upgraded Claude 3.5 Sonnet, the latest and most intelligent model in the Claude model family from artificial intelligence (AI) safety and research company Anthropic, is now generally available on Amazon Bedrock in the AWS Asia Pacific (Sydney) Region.  To learn more about this announcement, please join us at our upcoming Data & AI Day Roadshow in Melbourne, Sydney and Auckland.

COMPANY NEWS: Payment infrastructure services company Australian Payments Plus (AP+) and Telstra have partnered to offer identity verification via ConnectID to customers activating selected Telstra mobile services.

2024 was a breakthrough year for AI, both globally and here in Australia. Contributions to public generative AI projects on GitHub in Australia surged by 65% in 2024, signalling a promising trajectory for the nation’s productivity and economic growth. We saw businesses transition from experimenting with AI to adopting and implementing it, unlocking the benefits of enhanced productivity, competitiveness, and growth. As we enter 2025, here are my AI predictions and the key opportunities for Australia to accelerate its AI journey.

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COMPANY NEWS: Australian Payments Plus (AP+) today announced its digital identity solution, ConnectID, is now available to ANZ Plus customers.