CBA modernises payments with PayTo
It's the first big bank to make the switch
Source: brokernews.com.au
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ACCC warns banks on delivery of consumer data right
ACCC chair Gina Cass-Gottlieb told banks it will take enforcement action if proper data is not being delivered into the open banking regime.
Source: afr.com
CBA to absorb correspondent banking fees on customer FX transfers
Commonwealth Bank has announced it will absorb correspondent bank fees on all offered currencies for foreign exchange (FX) transfers in a move that is set to save customers millions of dollars every year.
Source: finextra.com