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News

• Banks lose Apple Pay fight

  A group of banks has lost its fight with Apple over the iPhone-maker’s payments platform.

• Apple Pay stoush: Banks focus efforts on getting iPhone NFC access

  A group of banks that have sought the right to act as a cartel in negotiations with Apple over the iPhone maker’s Apple Pay platform have narrowed the scope of their application to the Australian Competition and Consumer Commission (ACCC).

• Setback for banks in Apple Pay fight

  The Australian Competition and Consumer Commission will not authorise a group of banks to band together for negotiations with Apple over the iPhone maker’s Apple Pay platform, states a draft decision issued today by the ACCC. A final decision is not expected until March next year.

• Banks vs Apple: Banks confirm only Apple Pay in their sights, for now

  A group of banks has confirmed that, at present, only Apple Pay is targeted by an application to the Australian Competition and Consumer Commission that would allow them to engage in a collective boycott of digital wallet services.

• Delay in banks vs Apple fight

  The Australian Competition and Consumer Commission (ACCC) has pushed back the timeframe for releasing a draft decision in a stoush between some of Australia’s biggest banks and Apple.

• Apple hits back against banks: iPhone NFC access ‘not open to negotiation’

  Even if the Australian Competition and Consumer Commission (ACCC) authorises collective negotiations between a group of banks and Apple over the use of the Apple Pay platform, the iPhone maker says that it “will not and cannot” agree to the conditions likely to be sought by the banks.

• Google hits out at banks in mobile wallet fight

  A submission to the Australian Competition and Consumer Commission (ACCC) by Google Asia Pacific (GAP) argues that there is no basis for allowing banks to band together for negotiations over the Android Pay platform.

• ACCC won’t take action in banks’ Apple Pay fight — yet

  The Australian Competition and Consumer Commission says it is “continuing to assess” an application lodged with the body by a group of banks that seek the right to collectively negotiate with, and potentially collectively boycott, mobile wallet providers including Apple.

• Digital investment delivers CX return for Bendigo and Adelaide Bank

  Investment in digital capabilities has helped boost customer satisfaction for Bendigo and Adelaide Bank​, according to the bank's managing director, Mike Hirst.

• Bendigo Bank launches new share trading platform

  More than 10,000 of Bendigo Bank’s customers have transitioned to its new share trading platform, the bank announced today.

• Bendigo Bank boss sees value in tech partnerships

  The pace of change in the banking industry means it makes sense to seek partnerships with technology companies to help deliver customer-focussed innovations, according to Bendigo and Adelaide Bank managing director Mike Hirst.

• Updated: Mobile payments in Australia: state of the banks

  Major Australian banks have made mobile payments a priority tech initiative and are in various stages of rolling out technology that lets customers pay with smartphones. Commonwealth Bank and Westpac are so far leading the pack, but ANZ Bank and National Australia Bank (NAB) say they are planning to make their own moves soon.

• Bendigo Bank's Redy mobile wallet pays back users

  A mobile digital wallet revealed by Bendigo Bank provides incentives to users who make payments by scanning QR codes.

• Major payment players close in on mobile

  Visa, Eftpos and Bendigo Bank said enabling mobile payments is a critical part of their near-term business strategies.

• Merging markets

  Bendigo and Adelaide Bank CIO, Andrew Watts, speaks to Kathryn Edwards