Barclays Bank is to work with Commonwealth Bank of Australia on the development of open source tools for analysing large data sets in an effort to break free from the tyranny of vendor licensing fees.
The Commonwealth Bank today announced further progress in its Open Advice Review program, with the appointment of three plaintiff law firms as Independent Customer Advocates and an expansion of customer contact.
Australia's Commonwealth bank has introduced a new mobile and online app that customers can use to temporarily lockdown a credit card which may have been lost or stolen.
Commonwealth Bank of Australia has launched an Innovation Lab in the heart of Sydney's Central Business District with a view to developing cutting-edge products, and services in collaboration with customers, partners, start-ups and industry experts.
Commonwealth Bank of Australia has launched an online virtual treasure hunt, challenging customers to scour through a detailed panoramic photo of Sydney to find one of ten yellow wallets hidden in secret locations across the city.
Australian point-of-sale payments provider eftpos is moving online, testing a new system for web-purchases at supermarket chain Coles.
Australian banks, retailers and payments specialists have signed on to a new co-ordination body that aims to step up the pace of innovation in the country's payments industry.
Wetspac has appointed Dave Curran, the architect of neighbouring Commonwealth Bank's core banking transformation project, as its new chief information officer.
The Chief Executive Officer of the Commonwealth Bank, Ian Narev, today announced the appointment of David Whiteing as the new Group Executive, Enterprise Services and Chief Information Officer.
CommBank CIO Michael Harte has quit the Australian bank to take up the role of chief operations and technology officer of Barclays Bank in London.
© Finextra Research 2014