Australian banks are set to lose their bitter struggle to win collective bargaining rights over NFC access to iPhones as the country's anti-trust regulator issues a draft determination in favour of Apple.
Commonwealth Bank of Australia has signed a reciprocal deal with Ant Financial to open access to Alibaba e-commerce Websites for Australian consumers and businesses and provide Alipay payments for Chinese tourists through its Albert POS devices.
Commonwealth Bank of Australia is taking a pop-up innovation lab on a tour of the country to demonstrate to local business communities the latest technologies that are set to transform the banking industry.
Commonwealth Bank of Australia and Well Fargo are claiming a world-first interbank open account transaction using a blockchain and the Internet of Things for the shipment of goods across international borders.
Commonwealth Bank of Australia (CBA) has selected Misys to provide cloud-ready, connected institutional banking technology solutions to support its banking services outside of Australia.
The simmering dispute between Apple and four of Australia's leading banks over terms of access to Apple Pay has erupted into a fresh slanging match as the banking collective presses home its campaign to secure collective bargaining rights for NFC access to iPhones.
Commonwealth Bank of Australia is trialling the use of virtual reality technology to teach young children about money management.
Commonwealth Bank has announced it will install solar panels to the rooftops of 30 branches by the end of June 2017 as part of our new onsite renewables program.
LCH, a leading global clearing house, announced today that Commonwealth Bank of Australia (CBA) has become its first Australian Protected Payments System (PPS) Bank.
A former senior IT executive at CommBank who has pleaded guilty to bribery in Australia is now facing similar charges in the US, according to press reports.
© Finextra Research 2016