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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.

  • Tech investment helps drive up Westpac costs

    Westpac registered a 3 per cent increase in costs for FY16 in line with the group’s revenue growth, with CEO, Brian Hartzer, telling a full year results briefing that the bank’s investment spend would help put it in good stead for future returns.

  • 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.

Features about Westpac