ANZ Bank says it may sell its share trading platform
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Posted July 29, The online stockbroker that launched inand was until recently known as ETrade, has been rumoured to be a possible sale target for some months. ANZ became the first bank in Australia to partner with Apple Pay in late April, allowing customers to use their iPhones to pay for goods through contactless payment terminals. Australia's other three big banks have since lodged a joint application with anti-trust regulators to seek approval to collectively negotiate with Apple to install their own electronic payments applications on iPhones, according to Reuters.
ANZ said the sale process for its share trading business will take a number of months to finalise. If you have inside knowledge of a topic in the news, contact the ABC. ABC teams share the story behind the story and insights into the making of digital, TV and radio content. Read about our editorial guiding principles and the enforceable standard our journalists follow.
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