News Summary

• It also wants the fees Apple charges firms to use its tech to be "substantially lower" It believes the iPhone maker's current fees and charges are "blocking" financial technology firms and others from innovating and growing.
• Apple maintains that widening access could undermine security, and that its current arrangements do not stop innovation.
• Nearly 2 in 5 payments are now contactless, the watchdog said, with nearly 60% of people using digital wallets - with Apple's the most popular in the UK.