Frustrated by the slow pace of innovation in the Australian payments industry, the country's central bank has moved to establish a new industry co-ordination body, the Australian Payments Council.
Perhaps the RBA should focus on the present business case for providers of novel payment services? If there is no profit to make the lack of initiative is no surprise. If the profit prospects are good multiple providers will compete with each other for the
to £90k baseLondon, UK or East-Coast, USA
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