home.social

#commonwealthbank — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #commonwealthbank, aggregated by home.social.

fetched live
  1. Ernst and Young staff allegedly access Anthony Albanese’s private banking information

    Two Ernst and Young employees allegedly accessed Prime Minister Anthony Albanese’s personal banking information while working for the…
    #NewsBeep #News #Business #anthonyalbanese #AU #Australia #bankaccount #banking #CommonwealthBank #ernstandyoung #jimchalmers #privacy
    newsbeep.com/au/769003/

  2. Commonwealth Bank of Australia service failure

    Tried to withdraw cash from ATM using credit card.
    -> Multiple "This transaction is not available at this time. Try again later."
    ATM ok for other customers.

    Ask teller.
    "Card faulty. Get a replacement."

    Next use of card gets me a "Withdrawal limit reached" SMS.

    Clearly "This transaction is not available ..." was due to transaction limit.

    My time wasted.
    CBA staff badly trained.
    Unneeded replacement card a waste.
    #CommonwealthBank #Australia

  3. #Banksters forced to rehire dozens of workers after realizing much vaunted #ChatBot replacement was not cutting the mustard with actual human customers

    "We have apologized to the employees concerned and acknowledge we should have been more thorough in our assessment of the roles required," a bank spokesperson told #Bloomberg who've estimated nearly a quarter million bank #employees will be eliminated by advances in AI #bots within 3-5 yrs.

    Last year #CommonwealthBank shuttered 45 branches as part of announcing the end of 600 of its banking jobs across #australia

    A poll of more than 1,400 Yahoo Finance readers found 40% "hate" using #AI at #work, while 21% fear their job will soon be replaced by it. Only 7% surveyed surveyed felt their job wouldn't be affected by adoption of #ArtificialIntelligence.

    au.finance.yahoo.com/news/comm

    arstechnica.com/tech-policy/20

  4. @rockyd I couldn't agree more. The Commonwealth Bank was created to serve the public, not gouge them. Since privatisation, it's been all about profit over people. A nationalised bank would provide real competition, fairness — and a bloody brake on this corporate greed. But that'll happen when pigs fly.
    #auspol #banking #commonwealthbank

  5. So, the big security message which Commbank put across everyone's account during the last month & forced everyone to click 'Agree' to get rid of so they could access their own money was a HUGE flop!! It amounted to nothing at all, less than nothing in fact, this is the first time I've ever had a scammer access my account, and it happened directly after commbank instigated this "you beaut new/greatest" security measure.. The scammers are laughing their asses off..

    #CommBank #CommonwealthBank

  6. @abcfeeds
    Shop around people.*

    With a bit of work, not too much, you can get a transaction account with no fees, or fees that are easy to avoid.

    Any excess cash you have can go in a high interest account. Most have some criteria you have to meet, but again, not too much work for some of them.

    You don’t have to keep all your money at the same bank. Look around and find the institution that meets your needs for the account type you are interested in. Just make sure the institution is part of the government’s financial claims scheme. Info. here apra.gov.au/financial-claims-s

    This is a link to ranked savings accounts.

    docs.google.com/spreadsheets/d

    #commonwealthbank #auspol #banking #profit #savings #costofliving #finance

    *This is not individual financial advice, I am not a financial advisor.
    EDIT:corrected to FCS, added link to same.

  7. The #CommonwealthBank's proposed fee of 3$ per transaction for cash withdrawals at branches and post offices represents a new low in #Australian corporate bastardry.
    After years of record profits, in the middle of a cost of living crisis, at a time of festive charity the #CommonwealthBank has shown, yet again, that nothing is beyond its scope for corporate and social irresponsibility and greed.
    What an utterly disgraceful 💩 heap of an organisation.

    #Auspol #greed #bastardry #banking #bank

  8. So, grabbed out the television dongle and put the Channel 7 news on (I get Channel 9's news of a morning via 4BC, and I'll probably have a look at ABC later).

    Apparently the Commonwealth Bank are looking to replace their call centre with a ChatGPT-based service. What could possibly go wrong? 🙄

    #ChatGPT #AI #Finance #Banks #CommonwealthBank #CBA

  9. #CommonwealthBank CEO Matt Comyn says Australians should be taxed more heavily on #wealth rather than income.

    Comyn today backed a "critical" tax reform that would increase the amount of tax charged on an individual's wealth in an effort to drive prosperity.

    #taxreform #australianeconomy #wealthtax #taxtherich #ausecon

    9news.com.au/national/commonwe

  10. How Australia's major #banks lent $3.6b to #fossilfuel projects last year using 'back door' methods despite their #climate pledges. A new report reveals that #ANZ, #NAB, #Westpac, and #Commonwealthbank #cba collectively lent $3.6 billion to #fossilfuels projects or companies in 2023.
    abc.net.au/news/2024-07-16/ban

  11. #CommonwealthBank fun.
    For years, credit card payments have come due every 4 weeks, and 3 days before there's an SMS reminder.

    This month's payment is suddenly due today, only *3* weeks since the last one. There's been no SMS reminder and nothing on the bill says anything about the due date being a week earlier than normal.

    If I hadn't noticed the date I'd have assumed the payment was due next week, as usual. I'd have missed this early deadline and ended up owing the bastards interest.

    I just checked their website and there's nothing about this. If it's happening to other people the bank'll make a lot of money from missed deadlines. So if you've got one of their CCs, check your latest repayment date.

  12. Something wrong with the Commonwealth Bank right now, still. Hope I can get at my money in the morning #CommonwealthBank #Commbank #Netbank

    Commonwealth Bank customers experiencing 'difficulties' accessing online banking
    abc.net.au/news/2024-03-12/com

  13. Newsflash - ⁦‪the Commonwealth Bank is completely corrupt and regularly breaks the law in the pursuit of profit! | ‘Not dead enough’: When a man had a heart attack, the Commonwealth Bank told politicians he was a fraudster | apple.news/Aow7W4c5DRJyZQ39Wb2 | #CBA #CommonwealthBank #corruption #nooneissurprised #Australia #banks

  14. @Digital_Archivist I have the Netbank front end working, but once it tries to contact the server --- dead!

    #CommonwealthBank #CBA #outage #down

  15. Australia’s Commonwealth Bank To Decline ‘Certain’ Payments To Crypto Exchanges | Coingape - Australia’s largest bank Commonwealth Bank (CBA), has announced that it will decline cert... - coingape.com/australias-common #24/7cryptocurrencynews #commonwealthbank #cryptoexchanges #seclawsuit #binance

  16. Major Aussie bank to decline and limit payments to 'high-risk' crypto exchanges - James Roberts, Commonwealth Bank General Manager of Group Fraud M... - cointelegraph.com/news/commonw #commonwealthbank #transfer #decline #limit #fiat #scam #cba

  17. Adani stock rout leaves tens of millions in Australian retirement savings exposed

    Fraud allegations send Indian conglomerate’s share prices plunging but super funds contend exposure is limited due to diversification of holdings.

    #AdaniGroup #australia #queensland #CommonwealthBank #CBA #FutureFund #adani #CorporateFraud #BJP #NarendraModi #business #industry #stocks #india

    theguardian.com/business/2023/