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.
Australia's Commonwealth Bank has beaten local rival WestPac to market with a new mobile app that enables customers to make cardless ATM withdrawals using just their smartphone.
An IT glitch at Commonwealth Bank of Australia has left customers unable to use online and mobile banking, ATMs and point-of-sale terminals for several hours.
Mobile wallets will have replaced their leather counterparts in Australia by 2021, research commissioned by CommBank suggests.
Giesecke & Devrient (G&D) is providing its secure software platform to the Commonwealth Bank of Australia (CBA), the country's largest financial institution to enable secure contactless payment transactions with the Samsung Galaxy S4 smartphone.
Commonwealth Bank of Australia has credited investment in technology as a major factor in its impressive 14% rise in first half profits.
Commonwealth Bank today continued its drive to give more customers access to world-class mobile banking and payment innovations with the release of its new CommBank app for iPhone.
© Finextra Research 2014