CommBank’s Lau says AI cuts prototype timelines from months to hours

Reuters2026/07/20 00:25

By:Reuters

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Commonwealth Bank management said AI is cutting product development timelines from months to hours, accelerating the path from concept to testable prototypes.
Technology Lead for Engineering Platforms Helen Lau cited the in-testing CommBank Companion as an example of rapid prototyping in the CommBank app.
Lau said a multi-agent software tool she built with AI reached MVP in a weekend, versus an estimated 6-9 months manually.
She pointed to broader productivity gains as more engineers experiment with AI at scale, supported by an internal culture of hands-on testing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Commonwealth Bank of Australia published the original content used to generate this news brief on July 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CommBank’s Lau says AI cuts prototype timelines from months to hours

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