• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

Jumio next-generation of digital ID verification.
  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Australia’s Macquarie, ING Direct See Opportunity in Apple Pay

February 10, 2017

ING Direct and Macquarie are embracing Apple Pay in Australia, with the financial services organizations joining ANZ Bank in supporting the digital payment platform while the country’s major banks continue to resist its emergence.Macquarie

The firms evidently see an opportunity to get a competitive edge in the Australian market. As Reuters reports, each organization holds only about three percent marketshare, and neither operates physical banks in the country. As such, embracing a digital service like Apple Pay falls very much in line with their business strategies, which necessarily rely on technological innovation to outmaneuver the major Australian institutions.

In a statement announcing Macquarie Bank’s Apple Pay support, the company’s Head of Personal Banking, Ben Perham, said Macquarie has “seen strong interest in Apple Pay from our customers”, adding that it will be available later this month.

The support arrives as the Australian Competition & Consumer Commission finalizes its draft decision to bar a coalition of major banks from negotiating with Apple as a cartel over access to the iPhone’s NFC technology, a move Apple says is designed to delay or block Apple Pay as a competitor in the Australian market.

Source: Reuters

Filed Under: Industry News

Related News & Articles

FotoNation Launches New Face and Iris Mobile Biometrics Solutions

ASSA ABLOY Joins Board of Zigbee IoT Alliance

Tascent Teams with OtterBox to Deliver Smartphone Case-Based Biometric Solution

Primary Sidebar

FacePhi Selphi

Read the Latest Year in Review Analysis:

IDEMIA big box

Tweets

Aware ABIS webinar

Sponsored Links

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/
IDEMIA big box

Recent Posts

  • Ivanti Uncovers Risky Password Behavior Amongst Remote Workers
  • FPC Makes Case for Biometric Payment Cards in the Banking Industry
  • Singaporean Bank Enables SME Account Opening With Selfie Authentication
  • VerifyMe to Provide 2 Million Labels to Protect PPE Equipment
  • HID Global Adds Two New Cards to Seos Portfolio
FacePhi Selphi

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives

Follow Us

Copyright © 2021 MobileIDWorld