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US Watchdog eyes Google Pay and Apple Pay market access
The Consumer Financial Protection Bureau, one of the US government’s top consumer watchdogs, has warned tech giants about being overly restrictive in access to payments apps, a direct threat to... read more
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Westpac one of first banks to roll out Tap to Pay on iPhone
Australia’s Westpac says it will enable Apple’s Tap to Pay on iPhone contactless payment technology for business customers. Tap to Pay on iPhone accepts all contactless payments, including Apple Pay,... read more
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An update on Apple Pay antitrust lawsuits
Back in July last year, Apple was sued in a proposed class action by payment card issuers accusing Apple Pay of abusing its market power in mobile devices to thwart... read more
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Has Apple bitten off more than it can handle with Apple Pay Later?
First came Apple Pay. Then the Apple Card, in partnership with Goldman Sachs. Now Apple has entered the burgeoning Buy-Now-Pay-Later (BNPL) market with Apple Pay Later. So is Apple looking... read more
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Reserve Bank of Australia shifts position on Least Cost Routing
The Reserve Bank of Australia (RBA) has announced a marked change in its position on Least Cost Routing (LCR) – how banks and credit card companies prioritise payments in the... read more
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