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    Australian Competition and Consumer Commission

    News stories featuring Australian Competition and Consumer Commission:

    ACCC denies authorisation to Australian banks over Apple Pay negotiation

    November 29th, 2016

    The group of Australian banks seeking better negotiation powers over the arrival of third party mobile wallets have been denied authorisation to do so in a draft determination by the Australian Competition and Consumer Commission… More

    Apple’s NFC restriction hits mobile payments innovation, Australian banks claim

    November 14th, 2016

    The group of Australian banks taking on Apple over access to the NFC technology within iPhone handsets says the restriction is not only preventing the introduction of mobile wallet services across multiple platforms but also… More

    Apple says Australian banks are ‘not interested’ in promoting mobile payments competition

    November 8th, 2016

    Apple is claiming the group of Australian banks pushing for the company to open up access to the NFC technology within its handsets is “not interested in promoting competition in mobile payments” within the country…. More

    Australian banks call Apple’s NFC restriction “completely baseless”

    October 17th, 2016

    Apple’s claim that allowing access to the NFC technology within its iPhones would diminish the security of Apple Pay has been branded “completely baseless” by a group of four Australian banks, who are seeking greater… More

    South Korean firms the latest to take action against Apple

    September 13th, 2016

    A group of South Korean financial services providers are following in the footsteps of four Australian banks by preparing to take action against Apple in a bid to pressurise the technology giant into opening up… More

    Apple says NFC access “not open to negotiation with any bank”

    August 31st, 2016

    Apple has made clear that allowing access to the NFC technology within its iPhone is “not open to negotiation with any bank”. More

    Coles backs Australian banks versus Apple

    August 30th, 2016

    Supermarket giant Coles is backing the group of Australian banks seeking power to “collectively negotiate” with third party mobile wallet providers. “We believe the ability to tailor solutions for customers and provide them with greater value should be the driver for customer choice and not a technical lockout,” says the retailer in a submission to the Australian Competition and Consumer Commission (ACCC). Earlier this month the ACCC ruled that it would not grant the banks interim authorization to collectively negotiate.

     

    ACCC rejects Australian banks’ negotiation bid

    August 22nd, 2016

    The Australian Competition and Consumer Commission (ACCC) has decided not to grant a group of Australian banks interim authorization to “collectively negotiate” with third party mobile wallet providers.  More

    New players in Apple Pay controversy

    August 16th, 2016

    Australia’s Heritage Bank and payment platform provider Tyro are the latest to enter submissions to the Australian Competition and Consumer Commission (ACCC), seeking to “collectively negotiate” with third party mobile wallet providers, while also urging Apple to open up the NFC technology in its handsets. Apple responded to the banks’ proposal last week, saying that doing so would undermine the security of Apple Pay.

    Apple says Australian banks’ plans would “diminish” security

    August 10th, 2016

    Apple is urging the Australian Competition and Consumer Commission to reject a request from a group of the country’s banks to “collectively negotiate” with third party mobile wallet providers over the introduction of mobile payment services. More

    Australian banks seek stronger negotiating powers with third party mobile wallet providers

    July 27th, 2016

    A group of Australian banks have submitted an application to the Australian Competition and Consumer Commission (ACCC), urging for the right to ensure they are able to “collectively negotiate” with third party mobile wallet providers.  More

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