The Commonwealth Bank board has appointed two new non-executive directors. They are David Higgins, the former chief executive of Lend Lease, and Shirish Apte, who retired from Citigroup earlier this year after serving as co-chair of Citi Asia Pacific Banking for two years. Previously Apte was CEO of Citi Asia Pacific. Higgins was CEO of the Olympic Delivery Authority for the London Games from 2006 to 2011.Moody's Analytics, the risk management and credit analysis division of Moody's Corp has acquired loan origination software company WebEquity Solutions. WebEquity is based in Omaha, Nebraska, and earned revenue of US$15 million in 2013. The company claims to have an Australian operation, although not much is known about it.The UK retailer Tesco has launched a transaction account, offering three per cent interest on balances up to £3000 and a reward program, which is equivalent to cash back of 0.125 per cent, according to The Telegraph. Money can be deposited and withdrawn at 300 Tesco stores across the UK. The account must be opened online.PayPal is losing its chief executive. eBay announced that the head of its payments division was leaving PayPal to run Facebook's messaging products, according to the Australian Financial Review. PayPal has enjoyed strong growht over the past couple of years and an expansion of its service beyond the internet.The use of share options for remuneration at Macquarie Group has declined markedly, according to Fairfax Media. Compared with 2007, when Macquarie staff exercised 920,000 options, only 51,000 options have been exercised since the group announced its annual results in May. The fall in the use of the controversial perk is a result of changes to Macquarie's remuneration system to achieve better alignment with long-term goals and shareholder interests, according to corporate governance commentators quoted in the article.