Displaying items by tag: Commonwealth Bank

GUEST OPINION: Australia is progressing steadily with an open banking rollout. The Big Four banks – CBA, Westpac, ANZ and National Australia Bank – introduced open banking in July 2021, and other banks and financial services are expected to follow in 2022. According to many fintechs, however, the introduction is going slower than expected, and they are pushing financial markets to open their banking services online by signing additional data holders.

The National Australia Bank has topped the 2021 Forrester customer experience index which benchmarks the quality of customer experience of five banks in Australia.

The Commonwealth Bank has formed an exclusive partnership and taken a minority stake in global Artificial Intelligence (AI) provider H2O.

The Commonwealth Bank has joined with cryptocurrency exchange Gemini and blockchain analysis firm Chainanalysis to offer customers the ability to buy, sell and and hold cryptocurrency assets.

A parliamentary panel has delivered a riposte to Commonwealth Bank chief executive Matt Comyn who has been pushing for the regulation of Apple Pay, saying it is not convinced that there is any need for regulatory intervention at this time.

Australia’s economy could be $18 billion larger and more than 42,000 extra full-time jobs could be created over the next decade if the country adopts a hybrid working future.

Personal services businesses, such as hairdressers and beauty salons, in Victoria welcomed a 481 per cent increase in sales in their first weekend post-lockdown compared with the previous weekend, according to Commonwealth Bank merchant terminal data.

Australian Telco, More, today unveiled a consumer facing re-brand to align with its increased focus beyond the company’s traditional B2B customer base into the B2C market.

Debit card operator eftpos says several big name banks, retailers and fintechs are supporting the rollout of the eQR QR payments platform.

GUEST INTERVIEW: Eftpos has announced that some of Australia's most iconic banks, retailers and FinTechs – CommBank, NAB, Coles, Woolworths, Azupay, Beem It and Merchant Warrior – are partnering with eftpos to support the rollout of its new QR payments platform, eQR.

GUEST INTERVIEW: Eftpos has announced that some of Australia's most iconic banks, retailers and FinTechs – CommBank, NAB, Coles, Woolworths, Azupay, Beem It and Merchant Warrior – are partnering with eftpos to support the rollout of its new QR payments platform, eQR.

The Commonwealth Bank is set to roll out a new digital lending solution which is designed to give businesses access to funds using their outstanding invoices as loan security.

The European Union is set to file an anti-trust suit against Apple over the NFC chip technology it uses for tap-and-go payments, a report claims.

The Commonwealth Bank has announced an update of its Benefits finder digital feature in a move it says makes it easier for business owners to understand and connect to state and federal COVID-19 support measures they may be eligible for.

Communications software and cloud infrastructure provider MNF Group has appointed Cathy Doyle to the newly created role of chief people experience officer.

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.

Commonwealth Bank is beefing up its digital resources with the launch of a new recruitment plan aimed at growing its network of engineers by at least 50 per month for the foreseeable future.

GUEST OPINION by Mike Hicks, Principal Solutions Architect at ThousandEyes:  Over the past year, we’ve seen a sharp rise in the number of high-profile Australian CEOs promoting their digital and IT teams’ work.

CommBank IQ is a joint venture between Commonwealth Bank of Australia and data science company Quantium that plans to deliver "highly relevant" data insights to institutional clients.

Australia's biggest bank, the Commonwealth Bank, is currently having issues that are impacting the usage of credit and debit cards of its customers.