Nine of the world's largest banks are backing an initiative to create a set of global standards for the use of distributed ledger technology in financial markets.
Customers raging on Twitter about an 18-hour outage at Commonwealth Bank that crippled the bank's computers overnight should beware a recent scam that saw NatWest clients duped in to handing over account details to a bogus handle posing as a bank helpline.
The day after posting a record $9.14 billion of profits and boasting about its technological prowess, Commonwealth Bank of Australia has had to apologise to customers over a system error that saw debit, credit and mobile payments double-charged over a six-day period.
Record profits at Commonwealth bank of Australia have been underpinned by a A$1.2 billion spend on initiatives including risk and compliance projects, technology and productivity.
Keeping an eye on your financial position is now a whole lot easier for CommBank customers with the release today of the new CommBank app for tablet.
Customers of Australia's Commonwealth Bank can now track the movement of share prices and perform everyday banking tasks with a tap of their wrists following the release of two new smartwatch apps.
A US-based charity is suing Commonwealth Bank of Australia seeking the return of $2.5 million that Oz cops say was used to bribe two former CBA IT executives.
Commonwealth Bank of Australia is to begin testing technology from Ripple Labs to transfer funds between its subsidiaries.
Accenture (NYSE:ACN) and a group of 10 leading financial institutions today opened the application period for the second class of the FinTech Innovation Lab Asia-Pacific, kicking off a competitive search for the top financial technology (fintech) innovators in the region.
Commonwealth Bank of Australia is looking to profit from the momentum created by the forthcoming launch of the Apple Watch with the release of new apps for both Android and Apple wearables.
© Finextra Research 2015