Osborne Meets Apple's Cook in Drive to Push Fintech in Britain

  • Talks centered on Apple Pay, chancellor tells conference
  • Osborne says he wants to stop regulators stifling innovation
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U.K. Chancellor of the Exchequer George Osborne met Apple Inc. Chief Executive Officer Tim Cook as part of his push to make Britain a global center for financial technology.

Osborne said they spoke extensively about Apple Pay, the technology that allows people to make payments through their mobile phone, in talks in London on Tuesday.