CommBank plans new online tools for business

Commonwealth Bank yesterday foreshadowed two new business innovations slated for release in 2013.

SmartSign will allow loan documents to be completed online, without the need for paperwork. Users will sign up for the service and will also have a voiceprint captured – CBA's first foray into biometrics. This can be used for additional authentication, and as evidence should a dispute arise.

CommBiz Mobile application will allow business customers to access their accounts from iPhones and iPads, and will be released in early 2013.

Source: Banking Day