CFOtech Australia - Technology news for CFOs & financial decision-makers

CommBank (CBA) stories

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Commonwealth Bank uses AI to enhance customer service
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Commonwealth Bank of Australia is leveraging AI to improve customer service, reducing scam losses by 50%, fraud by 30%, and call wait times by 40%.
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CommBank app updates enhance security against scams
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CommBank has unveiled new security features for its mobile app, including digital wallet reviews and scam warnings, to enhance customer protection against fraud.
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Small businesses called to ‘stop the hack’ this Cyber Security Awareness Month
Wed, 2nd Oct 2024
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advanced persistent threat protection
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microsoft
During Cyber Security Awareness Month, COSBOA's Stop the Hack campaign urges small businesses to enrol in free training to bolster their cyber defences.
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Westpac tops mobile banking, but user satisfaction wavers
Thu, 12th Sep 2024
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Mobile banking apps dominate in Australia with 75% of users utilising them last month. However, only 63% find their bank's mobile features adequate, says Forrester.
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Banks reveal increased AI usage in response to shareholder demand
Fri, 6th Sep 2024
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Nearly one-third of the world’s largest banks now disclose AI use cases and ROI, with UK banks like Barclays and NatWest tripling AI references over the past year.
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Boxing star Danny Green fronts new Cyber Wardens, Cyber Security campaign
Tue, 13th Aug 2024
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telstra
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australian government
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Boxing legend Danny Green champions the Cyber Wardens campaign to boost cyber security for small businesses amidst rising online attacks.
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More wins MVNO Start-Up of the Year at global awards
Tue, 23rd Jul 2024
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travel
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Australian telco More named MVNO Start-Up of the Year at Europe's MVNO World Congress for growth-driven strategies and innovations, leveraging CommBank trust.
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AI expert offers tips to help small businesses leverage AI tools
Thu, 18th Jul 2024
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deloitte
Rebecca Hegeman of Localsearch shares strategic insights on harnessing AI for SMEs, addressing a significant adoption gap.
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CommBank app adds travel booking & car buying services
Thu, 11th Jul 2024
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CommBank’s app now includes Travel Booking and car buying services as it aims to enhance digital engagement among its 8.5 million active users.
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Doctors urged to tackle rising cyber threats in healthcare
Tue, 25th Jun 2024
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ransomware
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advanced persistent threat protection
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healthtech
As cyber attacks surge, doctors warn clinics to protect operations, with some even considering a return to paper records.
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Commonwealth Bank joins anti-scam network to bolster security
Fri, 14th Jun 2024
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collaboration
Commonwealth Bank of Australia joins a new anti-scam intelligence network to combat online fraud, in collaboration with AFCX and NASC, enhancing digital security.
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Australia's biggest bank and telecom unite to protect small businesses
Mon, 10th Jun 2024
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CommBank and Telstra team up with COSBOA to launch Cyber Wardens, a free training program aimed at safeguarding Australia’s small businesses from costly cyber threats.
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Aussie businesses boost green asset investment amidst slowdown
Tue, 28th May 2024
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sustainability
Australian businesses have boosted investment in assets by 22%, particularly in green technologies like electric vehicles, despite a slowing economy, reports the Commonwealth Bank.
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Australian start-up EnergyFlex launches energy management app
Sat, 18th May 2024
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power / energy
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cba
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energy consumption
EnergyFlex, an Aussie start-up founded by RAAF veterans, launches an app to cut energy costs and emissions by aligning usage with renewable availability.
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We are making cyber security simple for Australian small business
Tue, 7th May 2024
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advanced persistent threat protection
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email security
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cybersecurity
Australia's leading bank and telecoms firm collaborate with COSBOA to simplify cybersecurity for small businesses, launching free security training, 'Cyber Wardens'.
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Rising affordability issues shift Aussies to digital health payments
Mon, 6th May 2024
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payment technologies
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New research exposes a rise in Australian patients delaying or cancelling healthcare due to cost concerns, urging providers towards digital solutions to meet patients' evolving payment preferences.
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Kore.ai appoints Paul Rilstone as VP for Australia & New Zealand
Wed, 24th Apr 2024
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Kore.ai appoints industry veteran Paul Rilstone as Vice President for Australia and New Zealand, aiming to boost its presence and accelerate growth in the region.
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Cogo & Personetics introduce AI-powered sustainable banking
Wed, 17th Apr 2024
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Cogo partners with AI-firm Personetics, pioneering climate-conscious banking by aiding customers in understanding and managing their carbon footprints based on their spending habits.
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Frollo urges collaboration to improve Australia's Open Banking data quality
Wed, 17th Apr 2024
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westpac
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financial institutions
Frollo, Australia's Open Banking service provider, urges a collaborative strategy to enhance the data quality in the nation's Consumer Data Right framework, supporting superior financial outcomes.
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Zepto appoints Colin Baines as new Chief Commercial Officer
Thu, 11th Apr 2024
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fintech
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martech
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commerce systems
Zepto, an account-to-account payments technology leader, embraces growth by naming industry veteran Colin Baines as Chief Commercial Officer.