News Digest / Ticker: CBA.AX

Ticker: CBA.AX

03:20am, Wednesday, Sep 17, 2025

CBA, Westpac, NAB & ANZ Trial ConnectID+k‑ID for 16‑Year Age Checks as December Social‑Media Ban Nears

Australia's Dec. ban on teen social media access has ASX banks (CBA, WBC, NAB, ANZ) trialing ConnectID with Singapore's k‑ID facial age tech to verify users. Could open revenue streams - but brings privacy, UX and regulatory risks.