iPhone becomes a payment terminal | Super Retail Group's valuable members | Australian banks' anti-fraud tool

Apple has teamed up with Westpac to launch its 'Tap to Pay' service in Australia, which will mean every iPhone will become a payment device.

The owner of Super Cheap Auto and Rebel, reckons its brands are ready-made for tightening consumer spending.

Australian banks have come together to launch a new tool to combat fraud from sophisticated scams.

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