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.
Commonwealth Bank of Australia has released a mobile NFC-based payments application for Samsung handsets, just ahead of rival bank Westpac, which has abandoned plans for sticker-based payments in favour of a fully-fledged mobile roll-out early next year.
Australia's Commonwealth Bank has launched an online payment service for mobile phones utilising MasterCard's PayPass technology.
Australia's Commonwealth Bank is offering customers NFC stickers that can be attached to mobile phones and used to make contactless payments.
ASX's OTC Derivatives Clearing Service cleared its first Australian dollar interest rate swap trade today - an over- the-counter transaction between Commonwealth Bank of Australia and Deutsche Bank - marking an important milestone in ensuring Australia has world-class financial market infrastructure.
Today at the Online Retailers Conference and E-commerce Expo MasterCard announced a key milestone in the evolution of its digital payment service, with 16 of Australia's leading payment service providers confirming they will introduce MasterPass across their customer base.
Commonwealth Bank of Australia has employed a team of design consultants to refurbish its Melbourne call centre in an effort to inspire staff working on intense, monotous tasks.
Australia's banks have brought in KPMG to manage a programme to build an industry-wide real-time payments platform by 2016.
© Finextra Research 2014