![](https://i.imgur.com/CLvY2jA.png")
23-09-2021, 01:31 PM
23 Sep 2021 12:34PM
(Updated: 23 Sep 2021 12:33PM)
......
Matt Comyn, chief executive at the Sydney-based bank, urged lawmakers to boost scrutiny of technology giants, saying payments through digital wallets developed by Apple and Alphabet's Google formed about 45per cent of all consumer payments.
"The ... claim that Apple is pro-competition, I think, is a fair statement, as long as one accepts that competition is welcome as long as no one can compete with Apple," Comyn told a regular parliamentary committee.
The bank has been calling for Apple to free up the Near Field Communication (NFC) chip on its phones for the use of banks' own apps, citing its own data that the firm captures 80per cent of transactions done via telephone digital wallets.
......
Unlike Apple, search giant Google allows banks and other third parties to access its NFC chip.
https://www.channelnewsasia.com/business...im-2196511
(Updated: 23 Sep 2021 12:33PM)
......
Matt Comyn, chief executive at the Sydney-based bank, urged lawmakers to boost scrutiny of technology giants, saying payments through digital wallets developed by Apple and Alphabet's Google formed about 45per cent of all consumer payments.
"The ... claim that Apple is pro-competition, I think, is a fair statement, as long as one accepts that competition is welcome as long as no one can compete with Apple," Comyn told a regular parliamentary committee.
The bank has been calling for Apple to free up the Near Field Communication (NFC) chip on its phones for the use of banks' own apps, citing its own data that the firm captures 80per cent of transactions done via telephone digital wallets.
......
Unlike Apple, search giant Google allows banks and other third parties to access its NFC chip.
https://www.channelnewsasia.com/business...im-2196511
