Fintech weekly recap: Apple Pay, Ant Financial, AI hedge fund and more!
Fintech news for the week of February 6, 2017. Resistance to Apple Pay down under While Apple Pay has been welcomed in most countries, Australia seems to be the exception. The Cupertino California based company has accused a group of leading local banks of creating roadblocks to the adoption of the payment system down under. The conflict stems from the banks’ insistence to having access to the iPhone’s NFC antenna. Apple views this as a ploy to avoid paying fees for the servi