Commonwealth Bank of Australia (CBA) stories

Colter Bay launches Australian private credit fund with AUD $100m facility to plug an estimated AUD $25bn lower mid-market funding gap.

Swift enlists over 50 banks to launch common rules for faster, clearer cross-border retail payments, with first flows live by June.

European banks expect AI to shrink staff only slightly, with most projected job losses coming through routine attrition, not mass cuts.

Banks have accelerated the shift from AI research to practical tools, with top institutions rapidly deploying innovations in trading, fraud prevention, and customer service.

GitHub has launched its Copilot asynchronous coding agent, integrated with VS Code, to speed up and secure software development for enterprise users.

Goldman Sachs is at the forefront of an AI revolution in banking, with a new report revealing 167 AI applications across global banks, shifting industry norms.

As Valentine's Day nears, Commonwealth Bank Australia warns against a spike in romance scams, with women shown to be most at risk, losing double the amount compared to men in 2022.

UOB, one of Asia's largest banks, has successfully deployed Workday Human Capital Management (HCM) across 14 markets.

Retired banker John Horner appointed as Director and Board Chair of Ranqx, to scale the business in North America banking and lending market.

TradeWindow raises NZ$15m in capital raise, with strategic shareholders ASB Bank and Quayside Holdings leading the investment round.

Workday, renowned for its HCM software sold on an SaaS basis, has tripled its NASDAQ shares since 2012 and is valued at USD $29 billion.

Xero recruits tech guru Andy Lark for its US expansion, aiming to build on its significant subscription revenue growth and market presence.