Australian-owned Bank (460 items)

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Inconsistent banks pinned in Apple Pay wrestle

Go jump, Apple has told four banks over their suggested approach to negotiations backed by the threat of a collective boycott of Apple Pay. If only they could jump, an insolent Apple suggests, citing the industry's "ambulatory conduct". The entire legal process by the banks, Apple contends, is bogus and the banks legal analysis misdirected. Moreover, the Australian banks' campaign for a redesign that, Apple says, would result in "a less secure and worse customer experience" is inconceivable to the IT giant. read more

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