The European Union is set to file an anti-trust suit against Apple over the NFC chip technology it uses for tap-and-go payments, a report claims.
One of Australia's better known community banks, the Bendigo and Adelaide Bank, plans to train about 700 of its staff through a cloud workforce training program before the end of the year as it prepares for a migration of its services to the cloud.
Bendigo Telco has hired Kevin Dole as its managing director.
A Telstra outage hits ATMs and eftpos machines around the country on Thursday, with the problems beginning at about 3pm.
Westpac is the last remaining big Australian banking institution not to offer Apple Pay, after another holdout, NAB, announced that the service had gone live for its customers on Tuesday.
Swinburne University of Technology has partnered with Bendigo and Adelaide Bank to develop and deliver a Master of Financial Technologies (FinTech) degree.
Perth-based IT services provider ASG Group has appointed digital transformation sector executive David Kerner to head its South Australian operations.
The Commonwealth Bank appears to have thrown in the towel as far as keeping Apple Pay out goes, and has said the payment option will be made available to its own customers and those of Bankwest.
The Australian Consumer and Competition Commission has denied four Australian banks permission to collectively bargain with Apple and collectively boycott Apple Pay.
A group of Australian banks, which have applied to the Australian Competition and Consumer Commission for leave to jointly talk to Apple about gaining access to Apple Pay and the near field communication (NFC) on iPhones, have modified their demands, stating that they only want open access to the NFC function.
The Commonwealth Bank has attempted, on its own, to break the impasse with Apple over Apple Pay, by offering to pay the tech firm for use of its payment infrastructure.
Four Australian banks, that have more or less lost the fight to take on Apple as a cartel for negotiations to allow their card holders to use Apple Pay, are fighting a losing battle on all fronts.
The Australian Competition and Consumer Commission is leaning towards denying a request from a number of banks to collectively bargain with Apple over Apple Pay.
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