CBA group executive of institutional banking and markets, Kelly Bayer Rosmarin, said the lender's leadership in technology and innovation would allow it to quickly deliver significant cost savings and efficiency dividends for the government. "We are delighted to be given the opportunity to continue to work with the Queensland government to use our industry-leading capability for the benefit of Queensland," Ms Bayer Rosmarin said. "Our real time banking capability and analytics will help make it easier for the people of Queensland to do business with their government and enables the Queensland government to make better decisions quicker to meet the evolving needs of the state.
In an emailed statement, the lender said the strategic partnership was aiming to deliver market-leading innovation in banking and payment solutions that would "transform the way frontline services are delivered by government to the people and businesses of Queensland". "Commonwealth Bank’s market leading real-time banking platform, along with its award winning CommBiz online banking and ecommerce solutions will continue to make transacting with the government easy and simple for Queensland," the lender said.
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