Android Pay (31 items)

Briefs: Co-op Money NZ on 'negative' outlook, ANZ adds wearables payments, interest only losing out, housing affordability improves

Fitch Ratings has revised its outlook on New Zealand Association of Credit Unions (trading as Co-op Money NZ) to Negative from Stable and affirmed its Long- and Short-Term Issuer Default Ratings at 'BB+' and 'B', respectively. read more

Apple smothers digital wallets

Apple Pay looks a massive flop in Australia, the same as Android Pay. Theorise all you like on the rise and demise of digital wallets, there's scant data to contradict it. Crumbs from CUA and ANZ are on the record, showing ANZ standing tall for Apple. But amid the data void lives speculation of an Australian banking sector defeat of Silicon Valley challengers. The populist story, one of commercial ascendancy and at last allowing bank users to jump on board, may be wide open to Apple. Instead, the American IT company is leaving any data that might back that thesis hidden from view. read more

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