Colluding banks may. have been the reason for the slow adoption of Apple Pay Switzerland. A probe has been opened to examine the matter.
John Martellaro and Bryan Chaffin join Jeff Gamet to share their thoughts on Facebook asking banks for account information, plus the explore TSMC’s temporary chip production shut down for the WannaCry virus.
Don’t count on Apple Pay coming to most of Australia any time soon because the ongoing fight between Apple and the banks is only getting worse. Apple is calling Australia’s banks a cartel looking to squeeze more money out of customers, and the banks say Apple is trying to kill competition. Both sides are digging in their heels, and it doesn’t look like they’re interested in finding a compromise.