Tag: Commonwealth Bank

The major banks are becoming increasingly different in their approaches to the business banking market, according to recent customer satisfaction results.

The Commonwealth Bank is capitalising on Australians’ predilection for smartphones and social media, unveiling a new service that allows customers to make mobile payments through Facebook and their mobile phone address books.

As we celebrate 20 years as Australia’s leading magazine for SMEs, we asked a variety of people to predict what the SME will look like in 20 years time, with some interesting views on what 2031 will hold. In Part 2, read what Red PR Managing Director Fleur Madden, ServCorp’s Marcus Moufarrige and the Commonwealth Bank’s Matt Comyn predict.

For years, business owners have been able to log onto their online banking service to check their cash position, any time of the day or night. But how complete is the information you see on your screen?

Renovations at the former Sega World site at Sydney’s Darling Harbour are finally complete and the new complex is ready for use by the community, after undergoing a three and a half year transformation.

The Brisbane Supreme Court won’t assist the Commonwealth Bank (CBA) to recover a $13.5 million loan, after it ruled Billabong entrepreneur Matthew Perrin forged his ex-wife’s signature to secure the money.

With insolvencies continuing to rise, SME owners and directors need to ask themselves if they’re being proactive in managing their banking relationship, both in good times and in bad.

The Government announced reforms designed to make it easier for people to switch banks overnight, with a Treasury-led working party to ensure the changes are enacted by July 1 2012.

The Commonwealth Bank has employed Facebook’s location-based marketing expertise to give away a year’s worth of free movie tickets to anyone who opens an Everyday Account with the bank after “checking in.”

Demand for business banking products has dropped significantly over the past four months, with commercial banks including the Big Four local providers as well as regional and international banks all reporting a downturn in demand.