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  • 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.

  • NAB to add virtual credit card to mobile app

    NAB is preparing to roll out a new mobile app that will allow the bank’s customers to apply for a credit card, receive in-app approval and then begin making purchases on the card using their handset.

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