Australia?s major banks team up to challenge Apple on mobile payments apps

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Australia?s major banks team up to challenge Apple on mobile payments apps

Australia?s major banks team up to challenge Apple on mobile payments apps
SYDNEY, July 27 (Reuters) - Australia's three biggest banks,including **. 1 lender National Australia Bank (NAB),on Wednesday said they had lodged a joint application withanti-trust regulators seeking approval to collectively negotiatewith Apple Inc to install their own electronic paymentsapplications on iPhones.

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