Commonwealth Bank of Australia - News, Articles & Research

CBA trial demonstrates the use of digital nudges to improve financial wellbeing

Research from CommBank demonstrates how the application of well-timed and targeted 'digital nudges' can significantly improve customer financial outcomes.

25 October 2021

News/payments

CommBank rolls out new Point-of-Sale terminals; Square-alike card reader next up

Commonwealth Bank of Australia is replacing its suite of Android-based Albert POS terminals with a new 'Smart' platform developed in concert with Verifone.

21 October 2021

Company announcement/retail

CBA backs digital platform launched to support domestic and family violence victim-survivors

Commonwealth Bank (CBA), in partnership with not for profit Thriving Communities Partnership (TCP) and participating industry and community organisations, are proud to announce the launch of the One Stop One Story (OSOS) Hub Pilot Program – a platform aimed at easing the burdens faced by those people experiencing vulnerability, such as those impacted by family and domestic violence.

14 October 2021

News/payments

Eftpos signs up banks, fintechs and merchants for eQR roll out

Eftpos Australia has signed up Commonwealth Bank, National Australia Bank, Coles, Woolworths, Azupay, Beem It and Merchant Warrior to support the rollout of its new QR payments platform, eQR.

13 October 2021

Company announcement/sustainable

CBA invests $15 million in ESG commodities marketplace Xpansiv

Commonwealth Bank of Australia (CBA) and Xpansiv Ltd., the global marketplace for ESG commodities, have entered a Strategic Relationship Agreement to build trading infrastructure and grow Australia’s voluntary carbon market.

11 October 2021

News/payments

CommBank implements AI tool to root out abusive messages in transaction fields

Commonwealth Bank of Australia is implementing artificial intelligence technology and machine learning techniques to detect serial abusive behaviour in transaction descriptions within the CommBank App and Netbank.

11 October 2021

News/sustainable

CommBank app to track customer carbon footprints

Commonwealth Bank of Australia is to provide personalised carbon footprints for customers based on their spending data in a partnership with fintech start-up CoGo.

05 October 2021

Company announcement/payments

CBA lowers merchant fees

Commonwealth Bank is making payments simpler for small businesses, announcing new competitive flat rates for all in-store and online payment transactions for eligible merchant customers*.

23 September 2021

Company announcement/startups

CBA's x15ventures invests in property management startup :Different

Commonwealth Bank of Australia (CBA), through its venture-scaling entity x15ventures, today announced a new strategic partnership with a fast-growing Australian property management company :Different, with thousands of owners, tenants and properties under management.

21 September 2021

News/regulation

Australian fintechs rail against ‘de-banking’ practices

During a Senate inquiry into “Australia as a Technology and Finance Centre” representatives from three fintech firms criticised Australian banks for their ‘de-banking’ practices, which tend to hit those involved in the crypto sector particularly hard.

10 September 2021

Company announcement/retail

Commonwealth Bank opens dedicated vaccination centres

Commonwealth Bank is opening dedicated vaccination centres, initially in Sydney’s local government areas (LGAs) of concern, as part of an accelerated corporate vaccination pilot program to help vaccinate its employees and families against COVID-19.

23 August 2021

News/startups

Splashup bags $150,000 Safe Note from CBA's x15ventures pitch day

Aussie ecommerce startup Splashup has emerged as the winner of Commonwealth Bank's X15ventures annual startup pitch event, bagging a commitment from the venture scaling entity to buy $150,000 worth of shares in a future pricing round.

13 August 2021