CBA warns of ‘danger’ in using app to alert customers to $7M penalty
ASIC 2021-04-28 2:31 pm By Miklos Bolza | Sydney
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The Commonwealth Bank of Australia is resisting a novel proposal by ASIC to use its CommBank app to notify 6.3 million customers of a $7 million fine against it for overcharging interest, saying the move would pose a “significant risk” to the public.

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