Aussie banks denied bargain and boycott of Apple Pay
The Australian competition watchdog has denied authorisation for some the country's largest banks to collectively bargain with Apple and boycott Apple Pay.
The Australian competition watchdog has denied authorisation for some the country's largest banks to collectively bargain with Apple and boycott Apple Pay.
Aussie banks hit back at Apple in the latest round of the ongoing Apple Pay collective negotiation stoush.
Apple takes aim at Aussie banks in ongoing Apple Pay collective negotiation stoush.
Competition watchdog rejects requests by Australia's biggest banks to collectively negotiate over Apple Pay terms.
Westpac has pointed to software maintenance and licence costs increases after seeing its annual tech expenses rise by $171 million.
Aussie banks have said that Apple would get a “free ride” on existing infrastructure if it gets its way in the local rollout of Apple Pay.
Sydney-based startup, Hyper Anna, has secured $1.25 million in venture capital funding from Westpac’s venture capital arm, Reinventure, and AirTree Ventures.
New not-for-profit seeks to set benchmarks for data collection, use and management.
Australian consumers would be worse off and could face increased security risks if some of Australia’s top banks get their way and form a cartel to dictate Apple Pay terms, says Apple.
Industry body, the Australian Competition and Consumer Commission (ACCC), is assessing the applications for authorisation by Aussie banks after deciding not to grant their request for interim authorisation.
Australian SMEs are facing increasing costs while attempting to spend less this quarter, according to the latest Westpac-Melbourne Institute SME Index and the organisation has offered tips for the sector ahead of the coming end of financial year.
Amazon Web Services has highlighted the issues behind its power-related outage in its Sydney availability zone on Sunday night.
Data exchange platform provider, Data Republic, has secured $10.5 million in investor funding that will help propel the start-up into the US market.
Former AMP chief executive, Craig Dunn, has been appointed to the Telstra Board as non-executive director.
St.George Bank has reached a major milestone in being one of the first banks in Australia and one of the first globally to launch Internet banking services 20 years ago.