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Commonwealth Bank Experiencing ‘system Problems’ - Latest News


Commonwealth Bank experiencing ‘system problems’

UPDATE: COMMONWEALTH Bank claims to have resolved a ... Thanks and more to come — CommBank (@CommBank) April 15, 2014 Earlier in the day the banking giant admitted to experiencing system problems. The ... read more

After damning the Commonwealth Bank’s management, regulators want the bank to fix itself

These are the financial assets that the Commonwealth Bank is required to hold to ensure a stable banking system. APRA has also accepted an ... APRA’s report also makes clear that the problems at the ... read more

Commonwealth Bank system outage affects ATMs, EFTPOS, online banking

A MAJOR Commonwealth Bank system outage has hit EFTPOS machines ... but a Facebook post to a customer at 3.30pm stated merchant facility problems were yet to be resolved. He said some customers may ... read more

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Australia's Commonwealth Bank says it double-charged thousands of customers

SYDNEY (Reuters) - Australia’s largest lender, Commonwealth Bank ... lower house of parliament where bank bosses face regular hearings. The cause of the problem was a “coding error” where the bank’s ... read more


Commonwealth Bank's new Eftpos system makes blind people reveal pin

Commonwealth Bank ... advocates had contacted the bank about the terminal 18 months ago. “We asked them to stop the rollout and modify the machine by adding a keypad,” he said. “They have talked to us ... read more

Commonwealth Bank of Australia (CBAUF) CEO Matthew Comyn on Q2 2019 Results - Earnings Call Transcript

Commonwealth Bank of Australia (OTCPK ... Again, much better stabilization of momentum, particularly in our Retail Bank during the half, basically growing at system and home lending. The lending ... read more

Commonwealth Bank exploring upgrades to transaction monitoring software

Commonwealth Bank of Australia is considering ... tools and enhance quality of data feeding into its system – all areas where the AUSTRAC case reveals significant shortcomings at the bank. CBA is ... read more

National Australia Bank Executives Get Lashed For Misconduct

The final report of an inquiry into misconduct in Australia’s financial system will land with a thud at National ... Matt Comyn, who took over as Commonwealth Bank of Australia CEO in April following ... read more

Commonwealth Bank: a case study in failure

In the occasional way of these things, the Commonwealth Bank’s response to scandal has become ... to professionalise planners is taking care of the commission problem, but the present system of ... read more

Commonwealth Bank internal audit team raised 18 red flags

Australia’s biggest bank, Commonwealth Bank, has 18 “red” — unsatisfactory ... financing laws through its mortgage broking subsidiary Aussie to problems with the SWIFT system used to transfer money ... read more

Commonwealth Bank still plans to recover ATM glitch cash

The technical problem in the ATM system forced the Commonwealth Bank to put all their ATMs into offline mode - meaning customers had no access to their account balance but were still able to withdraw ... read more

Politics still a big risk for banks

The clear and present danger that Australia's big banks may be subject to more political pain in the lead up to the federal election was underscored by the appearance of Commonwealth ... bank had in ... read more



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