Tagged: apple

Financial Innovation Now, the Group that Represents Amazon, Apple, Google & More, Welcomes OCCs Decision to Move Forward with Fintech Charter

Financial Innovation Now (FIN), the group that represents big techs interest in Fintech, has issued a comment on the decision by the Office of the Comptroller of the Currency (OCC) to move forward with a Fintech Charter following the release of a report on Fintech by… Read More

Google Follows Apple in Banning Cryptocurrency Mining Apps

Less than two months after Apple’s App Store banned on-device cryptocurrency mining on both iOS and macOS, competitor Google has followed suit and banned cryptocurrency mining on Google Pay. According to the Verge, Apple has established the following rules for its iOS, macOS, watchOS, and… Read More

eBay & Square Partner on Business Loans, Apple Pay Coming to eBay this Fall

eBay (Nasdaq:EBAY)  and Square Capital (NYSE:SQ) have signed an agreement to provide up to $100,000 in credit to sellers – in as little as one day. The partnership is not only a streamlined offering of financing for small businesses that use eBay but also a… Read More

Apple Pay Coming to Revolut? [u]

Earlier this week, Revolut tweeted out that something “huge” is coming to the Revolut App. The digital bank already enables cryptocurrency trading, so what could it be? Speculation is that since it has to do with paying with your phone – it must be Apple… Read More

Apple Unblocks Telegram, Allows GDPR Updates

On May 31st, Pavel Durov, CEO of private messaging app Telegram broadcast on Telegram that Apple was cooperating with a Russian government ban on the app and refusing to allow Telegram users across the globe to upload important updates at iTunes. “Apple has been preventing… Read More

Report: Apple & Goldman Sachs to Hook Up on Branded Credit Card

An article in WSJ is reporting that Apple (NASDAQ:AAPL) has decided to partner up with Goldman Sachs (NYSE:GS) on a new joint credit card. Expected to launch early next year, the initiative is described as “a move that would deepen the technology giant’s push into… Read More

One Infinite Loop: Apple App Store Said to be Blocking Chinese Peer to Peer Lenders from Updating Apps Due to Regulatory Disconnect

We have received some information from an insider regarding Chinese peer to peer lending platforms being unable to update their Apps in the Apple App store due to a regulatory disconnect. From what we have been told, Apple (NASDAQ:AAPL) is enforcing a rule that requires… Read More

MyEtherWallet Clone App Breaches Apple App Store Vetting Process

The excitement surrounding Bitcoin and other cryptocurrencies has driven a huge surge in popular interest in Apps that allow individuals to purchase, or sell, digital currencies. This week, something rare happened as an imposter App reportedly managed to evade Apple’s stringent vetting process to post… Read More

Apple Pay Cash Expected to Hit Europe this Fall

Apple Pay Cash, the feature that will allow users to transfer money using the iMessage App baked into all iOS devices is expected to hit Europe this Fall. This comes after LetsGoDigital noticed Apple had filed for a Trademark in Europe for Apple Pay Cash…. Read More

Apple is Now Partnering with WeChat Pay in China

In a local announcement, Apple added WeChat Pay, part of Tencent, for payments in its App store and online music. WeChat is a social network similar to Twitter that has evolved into providing additional services. Apple already accepts Alipay, part of Alibaba, for payments on… Read More

Report: Fintech Unicorn Transferwise to Allow Fund Transfer via Apple Pay Globally

Transferwise, one of the highest profile Fintech firms in Europe, has added Apple Pay to the list of options its users may leverage to move money around the world. Transferwise has been working with Apple Pay for some time now but according to a report… Read More

Dash Milestone: Passes Apple’s Review Process & Becomes An Approved Digital Currency on the iTunes App Store

Dash, a payments-focused digital currency, announced on Wednesday it has officially been accepted by Apple as an approved cryptocurrency on the iTunes App Store. Speaking about the approval, CEO of Dash Core Ryan Taylor stated: “As Dash continues to expand our user base and ecosystem of services,… Read More

Alibaba Must Acquire Starbucks, WeWork, Airbnb, Uber, Tesla & PayPal

During July 2016, I was part of a delegation of US Fintech executives visiting our counterparts in Hong Kong, Shenzhen, and Shanghai, China. We toured and visited some of the most exciting Fintech platforms in China such as LuFax, CreditEase, Tencent (the creator of WeChat),… Read More

3 Takeaways from Mary Meeker’s 2017 Internet Trends Report

This article highlights three takeaways for Fintech firms from Mary Meeker’s 355-page-long report: 1) The Internet’s center of gravity shifts to Asia; 2) The biggest get bigger; 3) Fintechs must use gamification to improve customer engagement. Since 2001, Mary Meeker, a Partner at venture capital… Read More

Venmo Killer? Apple Makes it Easy to Transfer Money to Friends with P2P Payments

Different form of peer to peer payments, like Venmo or Square Cash, have quickly become a popular method to send money to friends. This shift from physical to digital has further relegated cash to novelty status as the sheer convenience of tapping a few buttons and… Read More

FIN Opposes Elements of CHOICE Act: Do Not Repeal Debit Reforms

Last week Financial Innovation Now (FIN), an alliance of companies which includes Fintech behemoths innovator Amazon, Apple, Google, Intuit and PayPal, spoke out against language used in the Financial CHOICE Act that would repeal debit swipe fee reform. In a letter penned by FIN Executive Director Brian… Read More

Apple Inc. Expected to Launch Venmo Competitor, Apple Cash

ReCode is out with a report that Apple (NASDAQ:AAPL) is expected to push further into the Fintech space by providing a Venmo-like peer to peer money transfer service. Jason Del Rey, writing for ReCode, predicted the new service would be called Apple Cash – thus… Read More

Financial Innovation Now Submits Recommendations to Senators Crapo & Brown as to How to Boost the Economy

Financial Innovation Now (FIN) has submitted their recommendations to Senators Crapo and Brown, the Chair and Ranking Member on the Senate Banking Committee, as to how best to improve Economic Growth. The proposals follow a public request by the two Senators asking members of the public… Read More

Financial Innovation Now Tells CFPB to Examine, Not Regulate, Consumer Access to Digital Financial Records

The Consumer Financial Protection Bureau (CFPB), launched an inquiry into consumers seeking access to their financial records.  At the time of the announcement, CFPB Director Richard Cordray stated; “Consumers should be able to use their financial records and account information and securely share access in… Read More

Crowdfunding & Fintech Predictions for 2017

Last year due to time constraints I was unable to publish my list of Crowdfunding/Fintech predictions for 2016. This year I am back once again, for better or worse, peering deep into my crystal ball with a list of prognostications for the coming year. The… Read More

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