AUSTRAC action against CBA stretches into 2018
The Commonwealth Bank of Australia has until 15 December to file its defence against civil action brought against it by AUSTRAC, Australia’s money laundering watchdog.
The Commonwealth Bank of Australia has until 15 December to file its defence against civil action brought against it by AUSTRAC, Australia’s money laundering watchdog.
Commonwealth Bank of Australia CEO Ian Narev will leave CBA by the end of FY18.
The Commonwealth Bank of Australia’s IT services expenses hit $1.94 billion in the 12 months ending 30 June, the bank reported today.
The Commonwealth Bank of Australia has blamed a “coding error” for a failure to report suspicious transactions involving its Intelligent Deposit Machines (IDMs).
GetSwift has announced details of an agreement with the Commonwealth Bank that will see the company’s cloud-based logistics platform offered on CBA’s Android-based Albert point-of-sale terminals.
The Commonwealth Bank has launched a new analytics platform — Daily IQ 2.0 — for its small and medium business customers.
The Commonwealth Bank of Australia has announced what it describes as a world first: The use of Bitcoin-inspired blockchain technology to issue a bond.
The Commonwealth Bank’s former IT infrastructure and operations chief Keith Hunter has been jailed for a scheme that involved receiving kickbacks in return for helping channel business to a US software company.
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.
Optus Business and La Trobe University have unveiled a strategic alliance that includes partnering on a “market leading” cyber security degree.
The Commonwealth Bank of Australia has participated in what the bank describes as a world first: A global transaction employing a ‘smart contract’ that uses a distributed ledger inspired by the design of Bitcoin’s blockchain.
Catherine Livingstone will succeed Commonwealth Bank chairperson David Turner after he retires from the CBA board at the end of the year.
The Commonwealth Bank’s mammoth core modernisation program helped it claim the title of the country’s first ‘real time’ financial institution, but there is still more to do to move some of CBA’s systems away from batch processing according to Pete Steel.
The Australian Competition and Consumer Commission (ACCC) has pushed back the timeframe for releasing a draft decision in a stoush between some of Australia’s biggest banks and Apple.
The Commonwealth Bank of Australia and Barclays have struck a deal that will allow users of their mobile apps to transfer money between Australia and the UK using a mobile phone number.