Commonwealth Bank has reported itself to police over $1 billion worth of possible mortgage fraud, claiming there’s been a ...

If you’re one of CommBank’s 17 million customers, don’t panic. But given how well AI can now fake documents, all banks will need to rethink their security.

The bank’s application processes and the way documents are verified leave it vulnerable. The sector must lift its game to protect the integrity of the market.

People briefed on the widening inquiries said the country’s largest lender became particularly concerned about anomalies detected among clients of two firms.

The Commonwealth Bank of Australia (CBA) has alerted authorities to a possible fraud racket that obtained approximately $1 ...

The Commonwealth Bank of Australia (CBA) has reported itself to the police after discovering what could be one of the largest ...

Smaller banks like Bendigo Bank and Bank of Queensland are the weakest links for home loan fraud, and a banking analyst says recent scandals at NAB and Commonwealth Bank will be replicated across the ...