Commonwealth Bank of Australia

425 results about this entity

Period: 11 Oct 2004 - 08 Aug 2024

Australian banks hit by tech glitches

Commonwealth Bank of Australia (CBA) and Bank of Queensland (BoQ) have both been hit by systems failures this week, according to press reports.

Commonwealth Bank bids for Web broker IWL

Commonwealth Bank of Australia (CBA) has agreed a deal to acquire Internet brokerage IWL for around A$373 million.

Internet banking bigger than the iPod

Almost six in ten (58%) Australians rate Internet banking as one of the consumer technology advances that has made the biggest improvement to their lives in the last ten years – second only to the mobile phone (66%) and way ahead of music technology such as the iPod and MP3 players (35%).

Commonwealth Bank issues free authentication tokens

Commonwealth Bank of Australia has begun rolling out free two-factor authentication tokens to 30,000 "highly active" users of its Internet banking system, NetBank.

Commonwealth Bank rolls out new business banking system

Commonwealth Bank of Australia has deployed a new one-size-fits-all online business banking system, Commbiz.

Westpac backs customer ID management initiative

Australian bank Westpac has stumped up seed funding for the development of an industry-wide customer identity management service, dubbed The Trust Centre.

CBA IT costs rise

Investments in new computer systems at the Commonwealth Bank of Australia (CBA) pushed total IT spending up to A$985 million in 2006.

Commonwealth Bank beefs up ATM security

The Commonwealth Bank of Australia (CBA) says it is attaching 'dye packs' to all its cash machines following a significant increase in the number of ATM robberies.

Aussies prefer Web banking

Australian banking customers now prefer to manage their accounts via the Internet, according to a survey by Commonwealth Bank of Australia (CBA), although older customers remain wedded to branches.

CBA trials MasterCard contactless payments technology

The Commonwealth Bank of Australia (CBA) is the first bank in the country to trial MasterCard's PayPass contactless payment technology as an alternative to low-value cash payments.

Commonwealth Bank strategic review puts emphasis on IT

The Commonwealth Bank of Australia (CBA) is renegotiating its IT outsourcing contract with EDS as it looks to implement a new business plan that will see it redirect up to $200 million of annual spending to its capital expenditure budget.

Commonwealth Bank introduces online FX service for SMEs

The Commonwealth Bank of Australia has launched an online foreign exchange service designed specifically for small to medium sized businesses.