24 July 2016
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Latest articles for Commonwealth Bank of Australia


Australian banks suffer ATM problems after cloud service outage

06 June 2016  |  6095 views  |  15 News

Millions of Australian banking customers were unable to access ATM and Eftpos services on Sunday after severe storms on the east coast caused widespread damage, including a major outage at a cloud computing service used by several banks.


Branches set for long life - CBA

02 June 2016  |  5344 views  |  0 News

Despite the rise of digital channels, 80% of Commonwealth Bank of Australia's high-value customers still use branches, meaning that the firm's expensive bricks-and-mortar operation is set to stay in place for years to come.


Australian banks face A$13 billion revenue loss to fintech sector - F&S

07 April 2016  |  8547 views  |  0 News

Australian bank stand to lose up to A$13 billion in aggregated revenue to fintech startups, according to research from Frost & Sullivan.


Square faces Oz bank concerns over mPOS security

17 March 2016  |  9799 views  |  0 News

Square's move into Australia has gotten off to a rocky start, with Commonwealth Bank only agreeing to lift a security-related block on the mPOS service after an intervention from Visa and MasterCard.


CommBank adds Kounta app to Albert POS device

17 March 2016  |  2153 views  |  0 Company announcement

In a world-first, from today businesses will be able to use a single device to both take payments as well as access front-end point of sale and back-end processing systems; improving operational efficiency and their customers’ experience.


Commonwealth Bank to create global innovation network

19 January 2016  |  5150 views  |  0 News

Commonwealth Bank of Australia is to launch an innovation lab in both Hong Kong and London to create a joined-up global approach to new tech initiatives across the bank.


CommBank invests $10 million in quantum computing effort

09 December 2015  |  6027 views  |  2 News

Commonwealth Bank of Australia has pledged $10 million in funding to support a local research effort to build the world’s first silicon-based quantum computer in Sydney.


Commonwealth Bank and Goldman Sachs enter equities alliance

07 December 2015  |  1738 views  |  0 Company announcement

Commonwealth Bank and Goldman Sachs today announce a strategic alliance that will create a preeminent capability in equities by combining leading equity capital markets and investment research expertise with Australia’s largest online retail share trading platform.


CommBank adds American Express to mobile payments app

19 November 2015  |  3674 views  |  0 Company announcement

CommBank app Tap & Pay now supports both MasterCard and American Express credit card payments, adding to the existing debit card functionality and giving more Australians the ability to further embrace the digital wallet and manage their money on-the-go.


CommBank steps up blockchain interest

19 November 2015  |  7121 views  |  5 News

Australia's Commonwealth Bank is partnering with think tank Coala to run a two-day blockchain workshop in Sydney.

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