Commonwealth Bank of Australia - News, Articles & Research

CBA's x15 rolls out 'venture-in-a-box' platform

x15ventures (x15), Commonwealth Bank of Australia's venture-scaling entity, has launched a stand-alone platform aimed at helping the next wave of digital businesses and entrepreneurs meet the regulatory, risk and compliance challenges that comes with scaling their operations.

21 May 2021

News/payments

Digital wallets poised to overtake contactless cards as instore payment of choice in Australia

When shopping instore, Aussies are increasingly choosing digital wallets as their preferred way to pay compared to tapping a card, according to latest figures from CBA.

19 May 2021

Company announcement/retail

Perx seals mobile deal withCommonwealth Bank in Indonesia

Perx Technologies, a category creating Lifestyle Marketing SaaS Platform provider today announced its strategic partnership with PT. Bank Commonwealth (PTBC), a subsidiary of Commonwealth Bank of Australia (CBA), the largest financial institution in Australia.

11 May 2021

News/devops

CommBank forms Big Data joint venture

Commonwealth Bank of Australia has formed a joint venture company with data science outfit Quantium to create a suite of product aimed at delivering business decision-making insights to institutional clients.

10 May 2021

Company announcement/payments

CBS forges partnership with BigCommerce

Commonwealth Bank today announced a new partnership with leading ecommerce platform BigCommerce to make it easier for businesses of all sizes to launch and grow their online stores.

10 May 2021

News/payments

CBA acquires health technology firm Whitecoat

Commonwealth Bank of Australia has acquired health technology provider Whitecoat, furthering its ambition to create an end-to-end digital payment, claiming, and directory solution for the healthcare industry.

04 May 2021

Company announcement/payments

CBA records surge in millennials opening business accounts

New research from Commonwealth Bank of Australia has found the number of millennial small business owners is on the rise, with many young Australians turning their business ideas into a reality.

30 April 2021

News/startups

CommBank's x15ventures takes minority stake in bill pay startup Payable

CommBank's x15ventures has invested £1 million for a significant minority stake in Identitii bill payment subsidiary Payable.

12 April 2021

Company announcement/regulation

CBA ordered to pay $7 million penalty relating to overcharged interest

The Federal Court of Australia has ordered the Commonwealth Bank of Australia (CBA) to pay a $7 million penalty after the Court had previously declared that CBA made false or misleading representations and engaged in misleading and deceptive conduct.

07 April 2021

News/payments

CommBank steps into BNPL fray

Commonwealth Bank of Australia has waded into the competitive buy now, pay later market, competing with local juggernaught Afterpay, and Klarna, in which it has invested $350 million.

17 March 2021

News/retail

CBA taps Big Data and machine learning to support customers hit by natural disasters

Commonwealth Bank of Australia is harnessing machine learning technology and Big Data science to offer customers same-day, pro-active emergency assistance in the event of weather-induced natural disasters.

15 March 2021

Company announcement/markets

New CommSec tool helps retail traders to grow their investment knowledge

CommSec has seen a 200 per cent increase in investors seeking executional information via the website, such as ‘how to place a trade’, over the last 12 months.

15 February 2021