Commonwealth Bank of Australia (CBA) - News, Features, and Slideshows

News

• CBA admits some failings in money laundering case

  The Commonwealth Bank of Australia has admitted to some failures of its anti-money laundering measures but will challenge a number of claims in court proceedings brought against it by AUSTRAC.

• CBA looks forward while paying tribute to yesterday’s tech

  The Commonwealth Bank of Australia has marked the 50th anniversary of its first computer — an IBM mainframe that was installed in 1966 — with a three day event that celebrated the past while looking at how CBA can leverage emerging technologies.

• Second former CBA IT exec charged in bribery case

  The New South Wales police has charged a second former Commonwealth Bank IT executive for allegedly receiving fraudulent payments.

• Universal mobile wallet will win: eftpos

  Payments provider eftpos hopes to unite Australian mobile payments around a single cloud-based service, according to eftpos CEO Bruce Mansfield.

• CommBank brings mobile payments to iPhone

  Commonwealth Bank customers with iPhones can now pay through the CommBank mobile app using a sticker containing near field communications (NFC) technology.

• Local businesses jump on Facebook Check In Deals bandwagon

  Four Australian organisations are anticipating that the use of Facebook Check In Deals -- a geo-location smartphone feature that enables people to “check in” the name of a place or business they are visiting -- will drive online presence and improve customer interactions.

• CBA ICT spend increases in 2010/11

  The Commonwealth Bank (ASX:CBA) has recorded a notable increase in IT spending to $1.104 billion for the year to 30 June 2011, an increase of seven per cent year on year.

• CommBank updates mobile apps, eyes social payments

  The CommonWealth Bank of Australia (CBA) has updated is suite of mobile banking applications with native apps for the iPhone, iPad, Android, Windows Phone and the browser-based HTML5, with technology for near field communications (NFC) and social payments on the way.

• Andy Lark leaves Dell US for CBA

  Dell's US public and large enterprise global marketing vice president and expat New Zealander, Andy Lark, has been lured back down under with a chief marketing officer role at the Commonwealth Bank of Australia (CBA).