The Apple executive who managed Apple Pay business development and Tap to Pay has left the company, with Eric Hoffman exiting after an eight-year career at the iPhone maker.
Westpac might be on a collision course with the Reserve Bank over its decision to introduce a flat rate charge of 1.4 per cent on merchants using their mobile phone as a payment terminal.
It is likely that the real bank will not become one. But after agreeing with Goldman Sachs to launch a savings account in the US with an interest rate of