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CW ANZ: May 2016
The Australian payments system is being transformed with mobile banking and programmable tap-to-pay terminals now ubiquitous and a major shake-up of the national payments system underway. It’s clear the country’s biggest banks aren’t afraid of innovation, with investments being made in the financial services digital development trend, known as fintech. But why are Australian banks afraid of Apple Pay, which has been mostly ignored by banks?
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Features in this issue
Despite Australia being iPhone crazy its banks aren’t exactly rushing to enable the payment process
Big Australian businesses are turning to digital professionals from outside rather than promoting from within
Australian enterprises are investing in creating the right environment for innovation around data