Four years after partnering on the Apple Card, Goldman Sachs faces a costly exit from a partnership that is seen by other lenders as too…
Tag: banking
Apple warned by Consumer Financial Protection Bureau on Apple Pay
The CFPB has warned tech giants about being overly restrictive in access to payments apps, taking an explicit shot at Apple’s Apple Pay …
Apple Pay is the 5th most popular online payment option worldwide
A new study set out to find the most popular payment methods around the world and found that Apple Pay is the 5th most popular online…
Apple’s new high-yield Savings account delivers high APYs and convenient perks
Apple Card users can choose to grow their Daily Cash rewards with a high-yield Savings account from Goldman Sachs, which offers…
Apple’s high-yield Savings account spells big trouble for regional banks
Apple’s new high-yield Savings account with Goldman Sachs could spell trouble for regional banks trying to retain deposits amid the…
Apple’s new high-yield Savings account is quickly attracting users
Apple’s newly launched high yield Savings account brought in some $990 million in deposits over its first four days…
Apple’s new high-yield Savings account draws nearly $1 billion in deposits in first four days
Apple’s newly launched high yield Savings account brought in some $990 million in deposits over its first four days…
Expect more banking to be done via Apple’s iPhone
While traditional banks last week announced a loss of $60 billion in deposit outflows, Apple announced its new high-yield Savings account…
How would an Apple bank account work?
Technology analyst Benedict Evans recently asked what an Apple ‘bank account’ would look like and how the payment rails might work…
The Bank of Apple?
Is the “Bank of Apple” on the horizon? Apple last week announced Apple Pay Later which provides users in the US with a seamless…
Banks are pressuring Visa to trim Apple Pay fees
Banks couldn’t jump onboard the launch of Apple Pay contactless payments when it launched back in 2014, but now they have regrets and…
Trump administration explores restrictions on Chinese Alipay and WeChat payment platforms
Trump administration mulls possibly restricting the expansion of Ant Group’s Alipay and Tencent Holdings Ltd.’s WeChat Pay over concerns…
Apple negotiating with Middle East banks to deliver Apple Pay to Israel
Apple is in negotiations with banks in the Middle East to deliver Apple Pay to Israel where many businesses have recently adopted…
Apple Pay arrives for Curve customers across Europe
Apple Pay arrives for Curve customers today. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in apps, and on websites…
How Apple is saving the banks (for a fee)
Apple Card completely rethinks everything about the credit card. It represents all the things Apple stands for. Like simplicity, transparency, and privacy…
Apple Pay goes live in the Netherlands
Apple Pay officially went live in The Netherlands today, with Dutch bank ING leading the charge to bring Apple’s digital payment system…
Goldman Sachs CEO to attend Apple’s March 25th event ahead of joint credit card
When Apple Inc. showcases its much-anticipated pivot into new services next week…
Apple and Goldman Sachs team up on credit card with iPhone features and cash back rewards
It is a major push by Apple into the financial lives of hundreds of millions of iPhone users…
Apple Pay said to launch in Belgium on Wednesday
Apple Pay will launch in Belgium in the very near future with customers of major bank
Apple Pay gains traction where it counts
Four years after introducing Apple Pay, the company is going neighborhood by neighborhood…
Credit Suisse to use Apple Business Chat for rich Asian clients
Credit Suisse Group AG said it’s making it easier for wealthy clients in Singapore and Hong Kong to communicate…
Apple is becoming a formidable fintech company
A growing anxiety for bank executives is how and when big tech companies will encroach on their turf…
Would an Apple–Goldman Sachs ‘Apple Pay’ credit card be a good deal or just good branding?
Apple and Goldman Sachs want a piece of your wallet…
Apple teams with Goldman Sachs on new ‘Apple Pay’ credit card due early next year
Apple Inc and Goldman Sachs Group Inc. are preparing to launch a new joint credit card…
UK’s Starling Bank adds Apple Pay support
Starling Bank customers can now add their Starling debit card to their Apple Wallet and make Apple Pay contactless payments…
Apple Pay spending caps lifted across most terminals in the UK
A majority of UK tills now accept limitless Apple Pay payments…
Why Apple Pay is beating (and will continue to beat) Google in mobile payments
Apple has emerged as the leader in the mobile payments space….
We spent around $20 billion using Apple Pay in 2016
Apple Pay made $30 million for Apple in its last financial year…
Apple Pay promised to make plastic obsolete, but wary shoppers and confused clerks hinder adoption
The pace of Apple Pay adoption has been disappointing even to conservative expectations…
Retail survey: Apple Pay now being accepted at more retailers than any other mobile payments service
Apple Pay lets you use your fingerprint, an iPhone, or Apple Watch to pay for stuff…
Apple is truly determined to disrupt banking with Apple Pay
Apple Pay is much more than a frictionless and secure payments service, Apple also thinks…
This is it: Apple’s $600 billion gamble
Annualized, Apple will be investing more into R&D then the entire economic output of 60 different countries…
Banking apps accessed via smartwatches to exceed 100 million by 2020, as millennials change banking habits
The global number of banking apps accessed via smartwatches will reach the 10 million mark in 2017, rising to more than 100 million by 2020…
Bank of Foxconn: iPhone assembler makes push into China financial services
Apple Inc.’s largest contract electronics manufacturer has quietly set up half a dozen financial services companies in China over the past year…
Apple, Google, and Amazon unite behind ‘Financial Innovation Now’ coalition
Three of the technology industry’s fiercest rivals – Amazon, Apple and Google – have aligned behind their shared business interest…
Bank of America launches Apple Watch app, introduces Touch ID sign-in for its iOS banking app
Bank of America today announced a series of improvements to mobile and online banking, including the launch of an Apple Watch mobile banking app…
Apple becoming a bank? Don’t count on it
Apple Pay is bound to be a success…
Why Apple may become a bank within the next five years
Now that Apple Pay has launched, and already proven a big success…
Britain’s top banks in talks to bring Apple Pay to the UK
Britain’s top banks are in talks with Apple to introduce Apple Pay…
Apple Pay to fuel chatter, new products at Money 20/20 conference
They can’t stop talking about Apple Pay…
How McDonald’s will accept Apple Pay at the drive through
At launch Apple Pay will be supported by a number of retailers, restaurants and more…
Apple Pay imminent in U.S.A.
An internal memo addressed to Walgreens employees designed…
