ANZ

Apple Pay to go live in China despite fierce competition

17 Feb 16 | Author Ben Rabinovich | |

Apple's mobile payment service will go live in China on 18th February and will be available to Industrial and Commercial Bank of China customers, the bank said in social media posts on Tuesday.

ANZ wades into mobile payments as Aussie banks continue to resist Apple Pay

11 Feb 16 | Author Sarah Gill | |

It seems the mobile payments space will continue to get busier and more fragmented before it (inevitably) consolidates, with Australian bank ANZ the latest to launch its own contactless payments service. The firm just unveiled its ANZ Mobile Pay app for Android devices, which enables customers to tap their phone to make payments and withdraw cash from contactless-enabled ANZ ATMs. Users can add their existing ANZ Visa and American Express credit and debit cards.

Are banks innovating purely for short-term gain?

08 Sep 15 | Author Ben Rabinovich | |

That is the question causing consternation amongst financial institutions, with some industry experts suggesting they are afraid of disruptive innovation, which could "cannibalise" their business.

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