SYDNEY, July 27 (Xinhua) -- Three of Australia's largest banks have teamed up against Apple in order to win the right to be able to operate their own electronic payment applications on the iPhone.
Apple Inc, which has its own digital wallet called Appel Pay, has blocked off third-party digital payment applications by refusing access to the iPhone's antenna for contactless payments, thus only allowing consumers to access internet-banking functions.
In the application to the Australian Consumer and Competition Commission (ACCC) on Wednesday, the National Australia Bank, Commonwealth Bank of Australia and Westpac Banking Corp seek permission to collectively negotiate with Apple to enable their own respective services without violating anti-competition laws.
Lack of access has stunted their ability to provide better payment services, potentially costing millions of dollars.
The Australia and New Zealand Banking Group have already got the jump on the other "big four" after rolling out Apple Pay to its customers in April.
The ACCC told Fairfax Media the banks were seeking only "limited collective negotiation with providers of third-party mobile wallet services on conditions relating to competition, best practice standards, and efficiency and transparency."
It's believed the thorny issue of interchange fees, which Apple has taken a slice of from ANZ, won't be part of the negotiations.
LONDON Dougie Hamilton Hurricanes Jersey , March 6 (Xinhua) -- Zhong Tianshi became China's first world champion in an individual cycling event after beating teammate Lin Junhong in the women's sprint at the Track World Championships here on Sunday.
The 25-year-old was a comfortable winner in both of the final rides, taking the best-of-three series 2-0 to improve upon the bronze she won in the event 12 months ago.
Defending champion, Germany's Kristina Vogel, winner of the women's keirin title this week Justin Faulk Hurricanes Jersey , beat Australian Anna Meares 2-0 in the bronze medal ride.
"I have been waiting for this gold medal for a long time," said a jubilant Zhong.
Zhong lost to Vogel in the semifinals of last year's worlds but took a sweet revenge Sunday morning to qualify for the final.
She also won the silver with teammate Gong Jinjie in the women's team sprint, after being downgraded from gold for an illegal change, handing the title to Russia.