The simmering dispute between Apple and four of Australia's leading banks over terms of access to Apple Pay has erupted into a fresh slanging match as the banking collective presses home its campaign to secure collective bargaining rights for NFC access to iPhones.
National Australia Bank chief customer officer Andrew Hagger has been forced back in front of the camera again to apologise to customers for the bank's third outage in a week.
Bank of China (Hong Kong) (BOCHK) has used Bolero’s ePresentation solution for its first-ever electronic back-to-back documentary credit, hugely reducing the time required to facilitate a large iron ore shipment from Australia to China.
A senior NAB executive has taken to YouTube to apologise for a sustained overnight failure in the Australian bank's online, mobile, call centres and payments processing systems.
Canadian Imperial Bank of Commerce, National Australia Bank and Israel's Bank Leumi have formed an "innovation alliance" that will see them share strategies for improving client services in the digital age.
Young Australians are the only age group intending to invest more in the next three months, indicating that age may not be a factor in financial savviness, the latest MLC Wealth Behaviour Survey reveals.
National Australia Bank is rolling out a series of card-linked enhancements to its mobile banking app, including a 'world-first' feature which enables consumers to use the app to pay for purchases while waiting for the arrival of new Visa credit cards.
The war of words between Apple and some of Australia's biggest banks is growing increasingly heated as the financial collective accuses the consumer electronics group of acting against the interests of customers in the ongoing row over collective bargaining rights for NFC access to iPhones.
Australia's retailers have thrown their weight behind an effort by the country's banks to win the right to collective bargaining with Apple over NFC access to iPhones.
Australia's banks will have to sweat it out over their application for a collective bargaining agreement with Apple over NFC access to the consumer group's iPhones after the country's competition watchdog said that it needed more time to ponder the submissions made by the warring factions.
© Finextra Research 2016