Mobility across Australia is at its highest point since March 2018 According to the March quarter Regional Movers Index, employment and business opportunities are driving a significant increase in movement between major cities and regional areas in Australia. The index, a collaboration between the Commonwealth Bank of Australia and the…
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Commonwealth Bank unveils new technological advancements
CBA announces refreshed CommBank app 5.0 Commonwealth Bank (CBA) has announced a series of ground-breaking innovations aimed at enriching the customer experience and catering to the increasing demand for digital banking services. The highlight of the announcement is the upcoming release of CommBank app 5.0, a highly anticipated update that…
Read MoreCBA and AAPM partner up
Focusing on driving best practice among health care managers Commonwealth Bank and the Australian Association of Practice Management (AAPM), the peak body for healthcare Practice Management, have signed an agreement, focusing on driving best practice using the power of digital solutions. CommBank Health Chief Executive Officer Albert Naffah said CommBank…
Read MoreCBA significantly expands technology graduate intake
A key part of CBA’s investment in developing skills and expertise for Australia’s digital economy Commonwealth Bank is significantly expanding its technology graduate intake and hiring 219 new technology graduates in 2023 – a 284 per cent increase compared to its 2020 intake. CBA’s technology graduate program is designed to…
Read MoreTransforming ecommerce with PowerBoard
PowerBoard is a significant step for CBA as they look beyond traditional banking The role of a bank in ecommerce in Australia is changing, with the launch of CBA’s new platform PowerBoard. With this solution, selected merchants will be able to “plug in” to the platform once and deploy their…
Read MoreCBA warns of cryptocurrency fake news scam
CBA has reported the scam to the relevant authorities. Commonwealth Bank has become aware of a fake news article circulating on social media, including Facebook, alleging the bank has partnered with a cryptocurrency trading platform to encourage people to invest in crypto assets. This is totally false and untrue. The…
Read MoreAustralia’s largest banks expand Lygon platform
Big banks believe blockchain platform, Lygon is a success. ANZ, Commonwealth Bank of Australia, Westpac, IBM and Scentre Group have expanded its blockchain platform, Lygon. The platform is said to reduce the time in issuing a bank guarantee from one month to one day. Lygon completed a successful pilot last…
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