Australia’s biggest banks have warned United States payments player Square that it will face a big task in cracking open the local market for card transactions, saying ongoing innovation and upcoming new products would make them more than a match for Twitter co-founder Jack Dorsey ’s company.
Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
