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Why Commonwealth Bank’s $1 billion suspected loan fraud should change how we bank and do business

  • Written by Toby Walsh, Professor of AI, Research Group Leader, UNSW Sydney

The Commonwealth Bank reportedly suspects around A$1 billion in home loans were obtained fraudulently, including through AI-generated documents. The Australian Financial Review says the bank has reported itself to police and the corporate watchdog to investigate.

According to sources quoted in the newspaper, Australia’s largest bank...

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Bunji dog treats to hit Ritchies shelves

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Pre-Budget Expectations

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PayNuts, one of Australia’s fastest-growing payment service providers, has unveiled a refreshed brand identity and an expanded suite of integrated b...

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

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