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Australia's government says the country's large banks cannot collectively bargain with Apple over terms of support for Apple Pay, ending a public battle between Apple and the banks that has lasted at least a year.
March 31
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Former U.K. banker is fined by regulator for using WhatsApp to discuss deals; Chase believes the public cloud is safe enough for banking applications.
March 31
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Readers sound off on airing political opinions at the office; putting banks and fintechs under the same regulatory umbrella; putting consumer needs first regardless of tech advancements; and more.
March 31
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Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Apple wins in Australia; CNP fraud spikes; The U.K. hires tech companies for check imaging; New British bills may not contain animal byproducts.
March 31
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A full changeout of AML and KYC rules would stress compliance. Working to improve current practices would be better for the financial services and payments industries.
March 31
NTT Data Consulting -
A new generation of Internet-connected vending machines could make digging for spare change and fiddling with uncooperative dollar bills a thing of the past. At a growing number of locations, customers can now pay by credit card and mobile wallet.
March 31
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Senate Banking Committee Chairman Mike Crapo acknowledged Thursday that a broad Dodd-Frank relief package is likely out of reach, but said targeted reforms could still pass.
March 30
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The credit bureaus will change the way they include information about tax liens and civil judgments in credit reports. This could spur lenders' use of alternative credit data.
March 30
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Tiny HECU had just 55 members, $170,000 in assets.
March 30
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South led the credit union for more than 20 years and worked closley with the New Jersey CU League and World Council of Credit Unions, among others.
March 30
