News Encyclopedia: How CBA’s smart ATMs and a coding error caused a massive mistake

The Commonwealth Bank customers will soon be able to withdraw cash from ATMs using a smartphone.

The Commonwealth Bank customers will soon be able to withdraw cash from ATMs using a smartphone. Source: AAP

The Commonwealth Bank is embroiled in a scandal that may have allowed terrorists and criminals to launder millions of dollars. The CBA says it all comes down to a software error in the banks smart ATMs. So what exactly is that error? Winmas Yu explains in this episode of News Encyclopedia.



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News Encyclopedia: How CBA’s smart ATMs and a coding error caused a massive mistake | SBS Chinese