Tagged With commonwealth bank

13

CBA customers will soon be able to collect cash from ATMs with a few clicks of their CommBank smartphone app. The ‘cardless’ cash service is the first in Australia and will be rolled out via a new app update in May. The app update will also introduce a new 'Lock and Limit' tool to help customers keep their card secure and rein in their spending.

10

Square hasn't even launched in Australia yet, and already the Commonwealth Bank is running scared. The bank has plans this week to launch a small, portable mobile payments device to gobble up the small business payments market before competitors Square, PayPal, MYOB or local rival Westpac have the chance. Meet Emmy.

32

Heartbleed is serious. It's a vulnerability in OpenSSL that means people's passwords, usernames and other information transacted over the HTTPS standard may have been compromised in the last two years. One industry that has been particularly cagey has been the Australian banking sector. The Commonwealth Bank just took to its blog to "explain" the situation, and it's now getting out of hand.

15

Let's all be honest with ourselves, Facebook isn't the kindest or most secure service in the world. That's ok, though, because we don't do anything too sensitive on there except maybe send inappropriate pictures to our significant others. That's all about to change however with the introduction of banking via Facebook thanks the the Commonwealth Bank.

9

There's no denying the Commonwealth Bank loves its technology. It spent billions refreshing the way it does business so that it could support cool stuff like real-time transactions and contactless/phone-based NFC payments, but what has it given us lately? What's the next big thing for payments in Australia? Could this big bank be about to support Bitcoin?

17

I often catch myself dreaming that one day we will live in a world where everyone will be able to pull out their phone, wave it against a terminal, EFTPOS machine or even petrol pump without having to open any sort of app and be on their way. Coles today revealed it's experimenting with a 60-person trial of SIM-based loyalty and rewards payments which is on one hand excellent, but on the other, diabolically misguided.

2

NetBank is plenty nifty. Sure it's had a few missteps, like the whole "do your banking with added Facebook" thing, but on the whole, I'm a fan. Pre-paid users are going to be happy with the latest offering, though: now you can buy Telstra, Optus and BigPond pre-paid recharge credit via NetBank.

25

Rumours are flying that Facebook wants to move into the financial services arena, and Australia is tipped to be first in line. The idea is apparently being tested with the Commonwealth Bank this year. But is this something we should casually trust Facebook with?

39

Yesterday, the Commonwealth Bank minted the Android version of Kaching after months upon months of waiting for it, and the most notable thing in the app was the complete absence of NFC payments capabilities. The bank blames Google and device manufacturers for not giving it the keys to the secure element on Android devices, but chief marketing officer Andy Lark spoke to Gizmodo Australia briefly after the event, where he made his real feelings known.

28

Picture this: You're sitting in La Premiere, watching the latest superhero blockbuster on the big screen. Just as the superhero in question is about to be pummelled by the bad guy, you have a sudden and irrepressible craving for a choc top. Do you leave the movie to satisfy your hunger, missing the key action sequence? Or do you suffer through until the movie shifts to the unavoidable romance subplot? The answer is neither, thanks to a new technology being trialled by Mastercard, Commbank and Hoyts.