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Retrieved on: 2025-02-10 23:06:53
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Summary
The article discusses the push for regulating tech giants' payment services, like Apple Pay, on par with banks, via updates to the Payment Systems (Regulation) Act 1998. This involves the Reserve Bank of Australia and highlights tensions in fintech and financial law. Key figures, including Anna Bligh, advocate for modernization reflecting current digital payment trends.
Article found on: ia.acs.org.au
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