Posts Tagged Commonwealth bank
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Capturing wallet share
Customers in the market for a new credit card have a shopping list of pricing and quality features they want to tick off with ease and speed BY GREG WADDELL Michael is in the market for a credit card. When it comes to credit cards, he is not necessarily loyal to his primary banking provider. ...
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Saving for a rainy day?
Commonwealth Bank and Westpac have stormed to the lead in bank deposits as Australians continue to hoard their cash BY JOHN PHILLIPS The now infamous but more understood Global Financial Crisis spooked investors into overweight cash asset allocations for safety in recent years, but new figur...
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Reality check
The Commonwealth Bank has begun experimenting with augmented reality in marketing campaigns as the industry investigates what role the technology could play in customer service and content delivery. The bank integrated augmented reality into a campaign pitched at 14-17 year olds, as part of a com...
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Getting a piece of the interaction
Companies that manage to integrate social media into their normal marketing activities will get the business (Subscribe)...
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Will security fears kill off CBA’s online banking ambitions?
The bankers running Australia’s most actively used online banking service believe their latest upgrade puts them “years ahead” of the competition.With the Commonwealth Bank already well down the path towards deploying its new core banking platform, Drew Unsworth, head of online banking & s...
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ATM fee stoush provides mobile banking opportunity
The industry has stepped up advertising and education campaigns ahead of the move to direct charging today, but are banks missing the opportunity to promote alternative channels?Reserve Bank data shows foreign ATM withdrawals made up 48 per cent of all cash withdrawals at ATMs in the last financial ...
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Virgin Money brand weakening as Westpac launches "Ignite"
Westpac has begun writing to Virgin Money credit card holders advising them of the “exciting facelift” it will be giving the card. Westpac paid Virgin Money $39 million in April last year to continue issuing the cards under the Virgin brand, with the deal due to expire in June 2009.Instead of la...
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What’s next for online banking?
The Commonwealth Bank is preparing to launch an enhanced version of Internet banking that allows users to view their insurance, CommSec and Colonial First State products in one place.The enhanced site will also include pre-completed insurance and term deposit applications, and a secure messaging are...
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Commonwealth Bank to launch mobile banking
The Commonwealth Bank is preparing to launch mobile banking, joining ANZ, Bank of Queensland, NAB and Suncorp in embracing device-based banking for retail customers. Revealed in an internal memo released to bank staff, the service (already available at http://mobile.netbank.com.au/) will be official...
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Commonwealth Bank snares BankWest at bargain basement price of $2.1bn
Today’s confirmation that the Commonwealth Bank is to purchase challenger brand BankWest represents a blow to competition in Australian banking.A combined CBA/BankWest would control a third of all household deposits, 22.7 per cent of home loans and 18.8 per cent of all business lending in Australi...
