Banks lose Apple Pay fight
A group of banks has lost its fight with Apple over the iPhone-maker’s payments platform.
A group of banks has lost its fight with Apple over the iPhone-maker’s payments platform.
Lynwen Connick will next month join ANZ as chief information security officer, the bank announced this morning.
A group of banks that have sought the right to act as a cartel in negotiations with Apple over the iPhone maker’s Apple Pay platform have narrowed the scope of their application to the Australian Competition and Consumer Commission (ACCC).
ANZ has recruited former Woolworths chief loyalty and data officer Emma Gray to be the bank’s first chief data officer.
Calls for Australia’s biggest banks to open up access to customer data could prove a double-edged sword for the fintech industry and further entrench the dominance of the ‘Big Four’, says ANZ’s general manager of data, Darren Abbruzzese.
ANZ has released a card payment terminal that runs on Google’s Android mobile platform.
The Australian Competition and Consumer Commission will not authorise a group of banks to band together for negotiations with Apple over the iPhone maker’s Apple Pay platform, states a draft decision issued today by the ACCC. A final decision is not expected until March next year.
ANZ’s chief information officer Scott Collary will depart the bank later this month as part of changes to the technology function at the bank.
A group of banks has confirmed that, at present, only Apple Pay is targeted by an application to the Australian Competition and Consumer Commission that would allow them to engage in a collective boycott of digital wallet services.
The Australian Competition and Consumer Commission (ACCC) has pushed back the timeframe for releasing a draft decision in a stoush between some of Australia’s biggest banks and Apple.
Financial institutions that fail to make their APIs available are ‘doomed’, says Visa’s ANZ head of product Rob Walls.
ANZ’s chief information officer, Scott Collary, will report directly to CEO Shayne Elliott as part of a series of changes to the bank’s operating model announced today.
Even if the Australian Competition and Consumer Commission (ACCC) authorises collective negotiations between a group of banks and Apple over the use of the Apple Pay platform, the iPhone maker says that it “will not and cannot” agree to the conditions likely to be sought by the banks.
A submission to the Australian Competition and Consumer Commission (ACCC) by Google Asia Pacific (GAP) argues that there is no basis for allowing banks to band together for negotiations over the Android Pay platform.
The Australian Competition and Consumer Commission says it is “continuing to assess” an application lodged with the body by a group of banks that seek the right to collectively negotiate with, and potentially collectively boycott, mobile wallet providers including Apple.