News for hackers. Stuff that matters.
Re:Apple says Australia's banks pose a security threat to iP... by abalone on Wednesday August 10, 2016 @02:33PM (#12263870)
Of course it has something to do with security.

First, Apple Pay secures all purchases with Touch ID. The only way to make NFC cards as convenient is to skip asking for PINs. That's less secure.

Second, providing direct developer access to NFC on the phone would open up an attack surface. It would inevitably result in more hacks.

I find it ironic that you are arguing monopolization when the issue is literally banks seeking to act as a cartel. Apple is not a monopoly. It has healthy competition in the form of Samsung.

Re:Apple says Australia's banks pose a security threat to iP... by iamshs on Wednesday August 10, 2016 @09:26PM (#12265804)
Exactly, banks are wanting to create a cartel here to define industry standards so that they can roll out their own silos. Each bank having its own shitty payment app. As if the ridiculous Poli payment stuff was not enough. My bank does not even have 2FA; will never trust them with security more than Apple.