Switzerland Investigates UBS, Credit Suisse Over Apple Pay Boycott
Swiss watchdog investigates Credit Suisse and UBS over Apple payments boycott. Written by Antony Peyton; 15th November 2018. Switzerland's Competition.... Regulator investigates Swiss banks over alleged Apple Pay boycott. Competition authority searches offices of UBS and Credit Suisse.. Jump to 2018: Investigation of the authorities concerning boycott ... - Credit Suisse stated that the company is ... We already offer consumers in Switzerland access to the Apple Pay and Samsung Pay through our subsidiary.... Switzerland says Apple pledges to fix disruptions to rival payment app ... In a separate case, WEKO is investigating Swiss financial companies including Credit Suisse and UBS over a suspected boycott of mobile payment.... A person uses the Twint payment app on a smartphone ... Apple has made a commitment to Switzerland's Competitive ... Taking this step would end a preliminary investigation against Apple, the commission said. ... premises of Credit Suisse and UBS, PostFinance and the credit card companies Swisscard.... Credit Suisse is also reluctant, and Swisscard does not work with ... Last year, Switzerland's competition watchdog WEKO began an investigation on some of the ... a suspected boycott of mobile payment solutions including Apple Pay and ... Postfinance, Swisscard and Swiss units of Credit Suisse and UBS,.... Bern, 15.11.2018 - On November 13, 2018, the Swiss Competition Commission ... The object of this investigation is a suspected boycott of mobile payment solutions from ... not to enable their credit cards for use with Apple Pay and Samsung Pay, ... Aduno Holding AG, Credit Suisse (Switzerland) AG, PostFinance AG,.... Switzerland investigates UBS, Credit Suisse over Apple Pay boycott ... including big banks like Credit Suisse and UBS Spriha Srivastava.... It was made public over the weekend that Switzerland's Competition Commission ... 1 Cover - Secret Apple Pay boycott being investigated ... The investigation has been launched against: Aduno Holding AG, Credit Suisse (Switzerland) AG, PostFinance AG, Swisscard AECS GmbH, UBS Switzerland AG.. Credit Suisse said it offers Swiss consumers access to Apple Pay and ... UBS acknowledged the investigation and said it had tried to reach an.... Switzerland investigates UBS, Credit Suisse over Apple Pay boycott ... including big banks like Credit Suisse and UBS Spriha Srivastava reports for CNBC.. A group of Swiss banks are under investigation by the country's anti-trust ... over whether they boycotted mobile payment services from Apple and ... Offices at UBS, Credit Suisse, PostFinance, Swisscard AECS, and Aduno.... Credit Suisse, UBS and other banks in Switzerland are being investigated over suspicions of jointly working to block Apple Pay and Samsung Pay. ... if Swiss financial institutions reached an agreement to boycott mobile.... ... an investigation into whether various Swiss financial firms agreed to boycott Apple ... Credit Suisse has cast doubt on the allegations, indicating that it already ... UBS indicated that it had tried to reach an agreement with Apple Pay in 2016.... ZURICH (Reuters) - Switzerland's competition watchdog has raided the offices of financial companies, including Credit Suisse (CSGN. S) and UBS (UBSG. S), to investigate a suspected boycott of mobile payment solutions such as Apple Pay (AAPL. O) and Samsung Pay (005930.. Swiss mobile payment system TWINT apps on an Apple mobile phone. ... including UBS and Credit Suisse boycotted mobile payment services offered ... The Swiss competition commission (COMCO) said it was investigating.... Swiss watchdog investigates banks over alleged payments system boycott ... including Credit Suisse and UBS, to investigate a suspected boycott of mobile payment solutions such as Apple Pay and Samsung Pay 'There is...
Apple Pay is the default payment service on the iPhone. ... Weko is also investigating a suspected boycott of mobile payment solutions, including Apple Pay, by major Swiss finance firms such as Credit Suisse and UBS.. The firms under investigation are identified as Credit Suisse, UBS, ... in Switzerland access to Apple Pay and Samsung Pay through our.... Banks Credit Suisse and UBS accused of coordinating a boycott of Apple Pay ... Swiss Anti-Monopoly Service WEKO has launched an investigation into large banks. ... Our customers can use Apple Pay and Samsung Pay services through a...
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