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Australian public hearing considers case for regulatory controls to ensure payment apps get access to smartphone NFC technology

Australian public hearing considers case for regulatory controls to ensure payment apps get access to smartphone NFC technology
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New Digital Identity Advisory Council established

New Digital Identity Advisory Council established
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NSW govt names digital ID advisory council members

NSW govt names digital ID advisory council members
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Mypinpad Enables Australian Merchants to Accept Payments

Mypinpad Enables Australian Merchants to Accept Payments
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Big tech's deepening bond with finance has banks worried

Big techâs deepening bond with finance has banks worried
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Appleâs deeper relationship with Goldman Sachs sent collective shivers beyond the buy now, pay later sector this week.
The giants of the United Statesâ technology and banking worlds had teamed up to launch an Apple credit card in 2019, and Bloomberg reported this week that the pair were working on an instalment option so Apple Pay users could split payments into four. This is the same idea pioneered by Afterpay that is becoming a global standard when offering consumer credit.
Appleâs plans sent the share prices of Afterpay and Zip tumbling, and the big banksâ teams tasked with predicting new competitive landscapes will have been watching with trepidation, as the technology industry gradually morphs with financial services. ....

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