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March 15, 2021
By Kate Weber on Mar 15, 2021 12:31PM Helps bank offer same-day assistance to impacted customers. CBA is using custom-built algorithms to keep track of natural disasters and bad weather events across Australia in order to offer same-day assistance to impacted customers. The bank said its algorithms monitored multiple data sources "from official emergency sources and weather alert systems to offer same-day 1:1 support to those customers impacted by natur...
March 11, 2021
The unrepentant wage thieves at the Commonwealth Bank (CBA) are set to push ahead with a vote on an Enterprise Agreement that will further erode the...
March 11, 2021
The 'Stop it at the Start' $18.8 million campaign, was officially unveiled by the Minister for Families and Social Service, Senator the Hon Anne Ruston,...
March 9, 2021
By Ry Crozier on Mar 9, 2021 12:58PM Looks to academia to validate direction. The Commonwealth Bank has embedded data science people in almost every part of the group’s operations, hoping their domain knowledge will lead to more AI-powered optimisations. Chief data scientist Dan Jermyn told the AI Australia by Eliiza podcast that the bank had split its AI and data science efforts - which come under a broader “decision science” effort internally - ...
March 8, 2021
Rainmaker Information Australian women, despite making up 50% of Australia’s population, own roughly 40% of all superannuation funds under management (FUM), equal to $1.2 trillion. Rainmaker Information analysis released in the latest Superannuation Benchmarking Report recognised this imbalance. Superannuation’s gender inequality is present at all stages of a woman’s working life. Women make up 50% of millennial superannuation accounts, yet their account balances represent only 43% of the...
March 8, 2021
Zhejiang outlasts Beijing, Tianjin snaps 8-game skid Xinhua | Updated: 2021-03-08 09:09 Share CLOSE Beijing Royal Fighters head coach Stephon Marbury instructs during the 42nd round match between Zhejiang Golden Bulls and Beijing Royal Fighters at the 2020-2021 season of the Chinese Basketball Association (CBA) league in Zhuji, east Chinas Zhejiang province, March 7, 2021. [Photo/Xinhua] ZHUJI, China - The Zhejiang Golden Bulls held off the Beijing ...
March 3, 2021
By Kate Weber on Mar 4, 2021 6:53AM Will join software maker next month. The Commonwealth Banks chief product owner for open banking Gavin Leon has left the bank after over a total of 18 years to join software company Atlassian. Leon announced his departure via LinkedIn, stating he will joining Atlassian mid-March. Both Atlassian and Commonwealth Bank declined to comment on the move. “Today is my final day at CBA. I’m privileged to have worked with...
March 1, 2021
Date Time CBA acknowledges ASIC proceedings against CommSec and AUSIEX The proceedings relate to errors that were reported to ASIC by CommSec and AUSIEX. CommSec and AUSIEX have engaged extensively and co-operatively with ASIC. ASIC has today also filed with the Federal Court and published on its website a Statement of Agreed Facts and Contraventions, recognising that co-operation and that CommSec and AUSIEX do not intend to defend the proceedings. The proceedings relate to issues in respect of...
February 28, 2021
Start-ups and small businesses previously priced out of Australian CBDs are taking advantage of lower rents and co-working spaces to relocate to city centres. Plus, your guide to quantitative easing and the promise of a 2032 Olympics in Queensland. Guests: Susan Harris Rimmer, Director, Griffith University Policy Innovation Hub Jeremy Thorpe, Chief Economist, PwC Australia Lisa Qi, co-founder, Share with Oscar Belinda Cheung, Director in Credit Strategy, Commonwealth Bank