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A comment on Apple says Australia's banks pose a security threat to iPhones. Parent comment
1) Banks have healthier competition in the EU? They wouldn't be able to form a cartel like they are trying in Australia.
2) Fraud liability is fully borne by the consumer in Europe, whereas Australian banks still have to refund customers?
3) It's a very new change (December), whereas Australian banks have lived with it for a decade or so.
Personally I think #1 is sufficient to explain it.
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1) Banks have healthier competition in the EU? They wouldn't be able to form a cartel like they are trying in Australia.
2) Fraud liability is fully borne by the consumer in Europe, whereas Australian banks still have to refund customers?
3) It's a very new change (December), whereas Australian banks have lived with it for a decade or so.
Personally I think #1 is sufficient to explain it.