Apple Pay

Few of Apple's numerous patent applications make it to market, but if the consumer electronics giant follows through on one filed last week, iPhone users may have the Siri virtual assistant helping them with person-to-person payments through the iMessage platform.

As a payments industry professional, Reetika Grewal took the situation in stride, but her experience using mobile wallets and EMV exemplifies an issue many consumers are facing.

Despite the head start mobile wallets got in the U.S. when Apple Pay launched more than two years ago, markets outside the U.S. are exhibiting that they are much better positioned for mobile wallet adoption, a new report from Fitch notes.

The long-term promise of mobile wallets has been that plastic cards could disappear, even from the point of issuance.

There was once a huge push behind contactless payment cards in the U.S., but eventually issuers lost interest in the format. However, there are signs that contactless payments will make another push.

Apple Pay became a significant benefactor at Apple's new product presentation Oct. 27, as the mobile wallet's Touch ID authentication is incorporated into a flashy new MacBook Pro keyboard.

Australia's banks have submitted a formal statement to the Australian Competition and Consumer Commission slamming Apple.

The information you need to start your day, including top headlines from PaymentsSource and around the Web. In today's briefing: Australia's banks and Apple Pay; Thiel doubles down; Brexit weighs on Misys.