CBA Developing “Kaching” App for Facebook Banking

Commonwealth Bank of Australia says it is developing a dedicated Facebook app that will let consumers do all their banking from within the world’s most popular social network.

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    According to Finextra, CBA’s Facebook app will let users view balances, make P2P payments, and make bill payments and third-party transfers from within the site. The bank will use its NetCode SMS system for security, the report says.

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