Archives

May 2, 2022 @ 7:45 am By JD Alois  |  

Margrethe Vestager, EU Executive VP, Competition Policy, is pursuing big tech once again, this time hitting Apple (NASDAQ:AAPL) with anti-trust charges. Today in a public statement, the European Commission said it has sent a Statement of Objections to Apple regarding its view that it abused its… Read More

April 28, 2022 @ 4:15 pm By JD Alois  |  

Big tech firm and iPhone creator Apple (NASDAQ:AAPL) is going to be hammered once again by the European Union. This time with accusations that Apple Pay is anti-competitive. Apple Pay was introduced by Apple in 2014 along with iPhone 6 and has been slowly rolled… Read More

April 18, 2022 @ 7:56 pm By JD Alois  |  

MetaMask, a popular crypto wallet that is reportedly used by more than 21 million individuals, has posted a series of Tweets cautioning customers about iCloud and phishing attempts that could put funds at risk. MetaMask emerged as a popular crypto wallet as it first launched… Read More

March 30, 2022 @ 4:14 pm By JD Alois  |  

A report from earlier today should come as no surprise as it is being predicted that Apple (NASDAQ:APPL) will move deeper into digital financial services or Fintech. According to Bloomberg, a person with knowledge of the matter said that Apple is building its own payments… Read More

March 23, 2022 @ 9:36 am By JD Alois  |  

Apple (NASDAQ:AAPL), the largest company in the world by market cap, has acquired UK open banking firm Credit Kudos, according to multiple reports. Credit Kudos was apparently purchased for $150 million after putting itself up for sale earlier this year. While neither Credit Kudos nor… Read More

February 9, 2022 @ 10:09 am By JD Alois  |  

  Apple (NASDAQ:AAPL)  announced yesterday that soon it will accept merchant payments directly on an iPhone, turning the mobile phone into a payments terminal. The “Tap to Pay” service utilizes the iPhone’s NFC (near field communication) technology that has been incorporated into the devices for… Read More

February 8, 2022 @ 11:02 am By JD Alois  |  

  Apple (NASDAQ:AAPL), the largest public company in the world and creator of the ubiquitous iPhone, says that later this year it will begin allowing merchant payments directly on the iPhone. This will position Apple as a competitor with other merchant payment providers while potentially… Read More

January 27, 2022 @ 9:15 am By JD Alois  |  

Apple (NASDAQ:APPL), the largest publicly-traded company in the world, is predicted to enable credit card transactions directly via its ubiquitous iPhone. The new feature will challenge all credit card terminal providers like Block/Square (NYSE:SQ) that generate massive amounts of revenue by processing payments via credit… Read More

November 9, 2021 @ 10:25 am By JD Alois  |  

Tim Cook, the CEO of Apple (NASDAQ:AAPL), says he is a crypto investor and that Apple is investigating crypto while adding that they have no immediate plans to utilize crypto. Cook was asked if he was a Bitcoin bull – a question he aptly dodged…. Read More

October 7, 2021 @ 8:16 am By Omar Faridi  |  

Paddle, the international revenue platform for software firms, has unveiled the first alternative In-App Purchasing (IAP) system for iOS developers. As mentioned in a release, the system is designed to bring innovation, competition and choice “to iOS in-app payments for the first time.” Paddle’s new… Read More

August 11, 2021 @ 2:54 pm By JD Alois  |  

Paybright, part of Affirm  (NASDAQ:AFRM), is now live and in the wild on the Apple Store for Canadian purchasers. As was previously reported, Apple (NASDAQ:AAPL) is incorporating Paybright, a Canadian BNPL (buy now, pay later), to facilitate purchases. As there is no interest fee you… Read More

August 4, 2021 @ 4:39 pm By JD Alois  |  

Buy Now, Pay Later (BNPL) is currently one of the hottest sectors of Fintech. BNPL is a service that can be provided at the point of sale for a transaction and thus supplant traditional credit cards in regards to larger transactions. As credit cards tend… Read More

July 13, 2021 @ 3:29 pm By JD Alois  |  

Apple (NASDAQ:AAPL), the world’s most valuable public company, is diving deeper into the Fintech space according to a report. Apple is expected to offer a Buy Now, Pay Later (BNPL) service similar to other Fintechs like Affirm. BNPLs have emerged as a hot sector of… Read More

May 26, 2021 @ 11:37 am By JD Alois  |  

Apple (NASDAQ:AAPL) has long been a significant Fintech in regards to payments and transfers. The Apple Card, in partnership with Goldman Sachs, has been a big hit and Apple Cash is growing in utilization. Today, Apple may be looking to expand its Fintech services into… Read More

April 21, 2021 @ 10:10 am By Timothy Li  |  

Apple CEO, Tim Cook kicked off the Apple (NASDAQ:AAPL) “spring-loaded” event and announced the biggest head-scratcher that made no sense. Cook announced a new way to “build credit” for the rest of your family that’s called “Apple Card Family”. Cook said that Apple set out to… Read More

April 20, 2021 @ 4:12 pm By JD Alois  |  

Beyond announcing a slew of new and updated products, Apple CEO Tim Cook provided some commentary on the Apple Card – a credit card launched in cahoots with Goldman Sachs (NYSE:GS). Cook said that Apple (NASDAQ:AAPL) set out to completely re-invent the credit card and… Read More

March 24, 2021 @ 12:26 am By JD Alois  |  

The New York State Department of Financial Services (DFS) has determined that Apple (NASDAQ:AAPL) and underwriter Goldman Sachs (NYSE:GS) did not violate fair lending laws in regards to complaints pertaining to the Apple Card. In late 2019, Twitter erupted with a series of Tweets alleging… Read More

February 8, 2021 @ 4:20 pm By JD Alois  |  

The big story today is that Elon Musk’s Tesla (NASDAQ:TSLA) has purchased $1.5 billion in Bitcoin. The information was disclosed in a 10-K filing with the Securities and Exchange Commission. While the exact timing of the purchase was not disclosed, Tesla is most certainly in… Read More

January 2, 2021 @ 4:16 am By Omar Faridi  |  

Apple (NASDAQ:AAPL) is well-known for playing a key role in the global commercial market – especially when providing the latest mobile technology. The tech giant seems to be diversifying part of its business model by branching out into the banking sector – which could potentially… Read More

September 26, 2020 @ 6:21 pm By Omar Faridi  |  

Apple (NASDAQ:AAPL) recently noted that new legislation might require that it opens up its proprietary Apple Pay technology to various third-parties. The tech giant, which recently became the world’s first company to surpass the $2 trillion market cap mark, claims that allowing others to closely… Read More