Introducing CommBank iQ
CommBank iQ is a joint venture between Commonwealth Bank of Australia and Quantium, established to unlock the power of Australia’s largest aggregated and de-identified transaction banking dataset through leading analytics and artificial intelligence.
This unique partnership enables businesses and institutions to analyse trends, overcome challenges, and create better, more targeted products and services for Australians.
Unlocking untapped value and driving advantage
Fresh, actionable, commercial insights are a powerful contributor to business strategy and growth. CommBank iQ delivers the opportunity to see, surface and unlock opportunities – from better ways to optimise existing activity, to identifying new markets and customer segments.
By bringing together a range of strategies – including bespoke consulting and scalable data-driven products and insights, CommBank iQ ultimately enables businesses and institutions to:
- Make confident decisions that build upon real activity through visibility of 30% of Australian transactions;
- Leverage world-class data science and artificial intelligence to transform how they deliver on people’s needs; and
- Move from insight to action with unrivalled speed and accuracy through flexible data-driven solutions.
Together, we are advancing a shared ambition to help businesses and institutions become more responsive to the people they serve.
For further information or media enquiries, please refer to the CommBank iQ media release