Articles with tag commonwealth-bank

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eftpos moves forward and trials digital payment option

eftpos is attempting to a take a new, low-cost approach to secure online and mobile digital payments through a new trial in partnership with two banks and a large retailer.

Posted Mon 16/12/2013 12:00:00 / Read More »

Christmas shopping to hit $7.9B this year

Australian consumers are forecast to spend more than $7.9 billion on Christmas gifts alone this year, an increase of $100 million on 2012, according to new research from Commonwealth Bank.

Posted Mon 16/12/2013 12:00:00 / Read More »

UnionPay to help Australian retailers reach Chinese customers

UnionPay has launched an initiative to help Australian retailers reach Chinese consumers visiting the country.

Posted Thu 28/11/2013 12:00:00 / Read More »

Consumer confidence lifts, gives hope for a positive Christmas

It appears retail may finally be looking up with consumer spirits lifting in October, according to the latest Commonwealth Bank Business Sales Indicator.

Posted Wed 20/11/2013 12:00:00 / Read More »

Spending slows in September as consumers' wallets take a break

Economy-wide spending in September fell for the first time in 13 months, according to the latest Commonwealth Bank Business Sales Indicator.

Posted Tue 22/10/2013 12:00:00 / Read More »

CommBank brings contactless payments to smartphones

In addition to enhancing the CommBank app, Commonwealth Bank has also announced two new NFC payment solutions to enable customers to make contactless payments through their smartphone.

Posted Fri 18/10/2013 12:00:00 / Read More »

CommBank launches crowd sourced support forum

Commonwealth Bank has launched Support Community as its first online support forum.

Posted Mon 05/08/2013 12:00:00 / Read More »

Aussies boost spending levels to a new high

Consumer spending is the strongest it has ever been in six years, according to the latest Commonwealth Bank Business Sales Indicator.

Posted Mon 24/06/2013 12:00:00 / Read More »

David Jones services Chinese customers

David Jones together with Commonwealth Bank has launched an exclusive partnership with the world’s largest card scheme UnionPay, a national Chinese debit and credit card.

Posted Wed 29/05/2013 12:00:00 / Read More »

Consumers spending more but cautiously

Australian consumers continue to think twice when they open their wallets, according to the latest Commonwealth Bank Business Sales Indicator.

Posted Thu 21/03/2013 12:00:00 / Read More »

Spending lifted in January

Australian consumers and businesses have started 2013 on a positive note with the latest Commonwealth Bank Business Sales Indicator showing economy-wide spending lifted in January.

Posted Wed 20/02/2013 12:00:00 / Read More »

Retail sector grows

For the first time in close to 12 months, the retail sector has expanded.

Posted Fri 07/12/2012 12:00:00 / Read More »

Easier business banking with CommBiz

To create a more convenient banking, Commonwealth Bank has launched multiple technology firsts and enhanced the functionalities of its existing technologies.

Posted Thu 29/11/2012 12:00:00 / Read More »

Aussies to fork out big during Christmas

With less than a month to go before Christmas Day, Australians are expected to spend $475 on average on Christmas gifts, according to research from the Commonwealth Bank of Australia.

Posted Tue 27/11/2012 12:00:00 / Read More »

Spending contracts in October

Economy-wide spending eased during October by 1.2 per cent in seasonally adjusted terms, according to the Commonwealth Bank Business Sales Indicator.

Posted Tue 20/11/2012 12:00:00 / Read More »

Commbank, Myer customers rewarded for shopping

Their customers will be rewarded with points for using their Commonwealth Bank Awards credit card in-store at Myer.

Posted Fri 02/11/2012 12:00:00 / Read More »

Spending rebounds to biggest lift in 4.5 years

Economy-wide spending rebounded in September, lifting by 3.9 per cent, according to the latest Commonwealth Bank BSI.

Posted Wed 24/10/2012 12:00:00 / Read More »

CommBank launches next-gen POS

With the aim of "deepening the customer relationship" in mind, Commonwealth Bank, together with IDEO and Wincor Nixdorf, have created and launched Pi.

Posted Tue 17/07/2012 12:00:00 / Read More »

Business performance slows down

There are signs that economy spending is on the rise, but it appears that performance growth is still slow, according to the latest Commonwealth Bank Business Sales Indicator.

Posted Wed 23/05/2012 12:00:00 / Read More »

Business sales rise indicates recovery

The latest Commonwealth Bank business sales indictor increased by 0.8 per cent in trend terms in March, following a 9.9 per cent gain in February and 1.0 per cent increase in both January and December.

Posted Mon 23/04/2012 12:00:00 / Read More »

Mid-market confidence surges

Mid-market businesses are preparing to expand as confidence surges to a score of 9.3 from -0.3 since September 2011, according to the latest Commonwealth Bank Future Business Index.

Posted Thu 29/03/2012 12:00:00 / Read More »

CommBank to talk digital

Commonwealth Bank's Small Business Forums is making a return to help small businesse suggestions for improving their operations by embracing the digital space.

Posted Tue 20/03/2012 12:00:00 / Read More »

Hoyts pilots smartphone app from MasterCard

In a global first, the QkR by MasterCard in-cinema smart ordering service will be piloted by the Commonwealth Bank at a number of Hoyts cinemas for several weeks from January.

Posted Tue 24/01/2012 12:00:00 / Read More »

Consumers spending more generously

According to the latest Commonwealth Bank Business Sales Indicator, consumers continued to increase their appetite for spending in November.

Posted Wed 21/12/2011 12:00:00 / Read More »

On the road to recovery

Retail recovery continues to strengthen indicated by more positive results in October from Commonwealth Bank's Business Sales Indicator.

Posted Fri 18/11/2011 12:00:00 / Read More »

Speedier same day settlement

Commonwealth Bank has introduced Everyday Settlement to remove the frustration of businesses who are not able to settle accounts on the same day.

Posted Mon 31/10/2011 12:00:00 / Read More »

Contactless mobile payment with CBA

Commonwealth Bank's new iPhone application called Kaching enables users to make real-time peer-to-peer payments and contactless payments at any PayPass terminal using their phones.

Posted Tue 25/10/2011 12:00:00 / Read More »

Management changes at CommBank

CEO Ralph Norris and Ian Narven has appointed Grahame Petersen as group executive business and private banking.

Posted Wed 21/09/2011 12:00:00 / Read More »

Consumers still weary

There are no signs of improvement just yet with another fall in June sales figures, according to the latest Commonwealth Bank BSI, which fell by 0.3 per cent.

Posted Thu 21/07/2011 12:00:00 / Read More »

Retailers on struggle mountain

The latest Commonwealth Bank BSI reported that retail sales slumped 1.4 per cent in April, the biggest fall of all industry sectors recorded.

Posted Thu 19/05/2011 12:00:00 / Read More »

Consumer spending strongest in 18 months

The BSI, which tracks the value of credit and debit card transactions processed through Commonwealth Bank point-of-sale terminals, rose by 0.5 per cent in trend terms in February, following previous gains in December and January.

Posted Fri 18/03/2011 12:00:00 / Read More »

Retail trade lifts service index

Four of the nine service sub-sectors reported that activity expanded in February, up from three in January. This included retail trade, which saw a 20 point growth from 40 in January to 60 points.

Posted Fri 04/03/2011 12:00:00 / Read More »

Uneasy outlook for Christmas

The RBA has decided to raise the cash rate by 0.25 per cent to 4.75 per cent just before the Christmas trading period begins.

Posted Wed 03/11/2010 12:00:00 / Read More »

Tap, go at Bunnings, Dymocks

The two retailers have signed on to offer customers a faster way to pay using their Commonwealth Bank debit or credit PayPass card when paying for items less than $100 without the need to sign or enter a PIN.

Posted Mon 18/10/2010 12:00:00 / Read More »

Stronger dollar, cheaper goods

Over the last few weeks the Australian dollar has been steadily increasing following the country's recovery of the global financial crisis.

Posted Thu 30/09/2010 12:00:00 / Read More »

July sales indicate turning point for retailers

The BSI, which tracks the value of credit and debit card transactions processed through Commonwealth Bank point-of-sale terminals, remained unchanged in trend terms.

Posted Tue 24/08/2010 12:00:00 / Read More »

Retail sales flat as consumers are uninspired by discounts

Australian retail sales were flat over the month of May, according to the latest Commonwealth Bank Business Sales Indicator.

Posted Thu 24/06/2010 12:00:00 / Read More »

Slide in retail sales expected

Australian retail sales remained relatively flat over the month of February, according to the latest Commonwealth Bank Business Sales Indicator.

Posted Sat 20/03/2010 12:00:00 / Read More »

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