{"id":5044,"date":"2016-08-10T11:22:36","date_gmt":"2016-08-10T01:22:36","guid":{"rendered":"https:\/\/reckoner.com.au\/?p=5044"},"modified":"2016-08-10T11:22:36","modified_gmt":"2016-08-10T01:22:36","slug":"apple-responds-to-aussie-bank-cartel-regarding-accc-lodgement","status":"publish","type":"post","link":"https:\/\/reckoner.com.au\/news\/apple-responds-to-aussie-bank-cartel-regarding-accc-lodgement\/","title":{"rendered":"Apple responds to Aussie bank &#8216;cartel&#8217; regarding ACCC lodgement"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-5045\" src=\"https:\/\/media.reckoner.com.au\/wp-content\/uploads\/2016\/08\/27131627\/applepay-1024x671-1.jpg\" alt=\"Apple Pay\" width=\"1000\" height=\"655\" \/><\/p>\n<blockquote><p>Apple\u00a0has launched a blistering attack on three of\u00a0Australia&#8217;s big banks, saying their request\u00a0to\u00a0collectively negotiate over digital wallet access to the iPhone will compromise the handset&#8217;s\u00a0security, reduce\u00a0innovation\u00a0and blunt\u00a0Apple&#8217;s entry into the payments market in Australia.<\/p>\n<p>Apple told the Australian Competition and Consumer Commission that <em>&#8220;allowing the banks\u00a0to form a cartel to collectively dictate terms to new business models and services would\u00a0set a troubling precedent\u00a0and delay the introduction of new, potentially disruptive technologies&#8221;<\/em>.<\/p><\/blockquote>\n<p>Apple are right. When was the last time you considered something your bank did &#8220;innovative&#8221;? I&#8217;d wager never.<\/p>\n<p>That said, Apple are essentially putting the onus back on themselves. Should they end up in <a href=\"http:\/\/www.androidauthority.com\/samsung-pay-exploit-708665\/\">Samsung&#8217;s current predicament<\/a> they may very well wish they could blame the banks.<\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"source-link\"><span class=\"source-link\">Source: <em><a href=\"http:\/\/www.afr.com\/technology\/apple-says-australias-banks-pose-a-security-threat-to-iphones-20160809-gqogpr\">Apple says Australia&#8217;s banks pose a security threat to iPhones<\/a><\/em><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Apple\u00a0has launched a blistering attack on three of\u00a0Australia&#8217;s big banks, saying their request\u00a0to\u00a0collectively negotiate over digital wallet access&hellip;\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"link","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[10],"tags":[],"jetpack_publicize_connections":[],"reckoner_social_message":null,"_links":{"self":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts\/5044"}],"collection":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/comments?post=5044"}],"version-history":[{"count":0,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts\/5044\/revisions"}],"wp:attachment":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/media?parent=5044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/categories?post=5044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/tags?post=5044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}