Tagged: apple

Apple’s Buy Now Pay Later Product “Mysteriously” Delayed

Apple’s (NASDAQ:AAPL) buy now – pay later (BNPL) product is being “mysteriously” delayed according to Bloomberg’s Mark Gurman – a long-time Apple follower who has gained a reputation for accuracy. Perhaps rising interest rates caused Apple to pause? In his weekly newsletter, Gurman predicted that… Read More

Apple Pay Tops Mastercard in Annual Transactions at $6 Trillion: Report

Apple Pay is processing $6 trillion annually beating Mastercard but trailing leader Visa, according to a report by Apple Insider. Apple (NASDAQ:AAPL) does not report detailed information on its Apple Pay and Apple Card services but we know it has been picking up steam. Last… Read More

Digital Currency: Apple Pay on iPhones Tops 75%, About 90% of US Retailers Accept Apple Pay

Apple Pay, one of Apple’s (NASDAQ:AAPL)  Fintech incursions, is now authorized on 75% of iPhones, according to a report in WSJ. Simultaneously, 90% of US retailers accept the form of digital payments. Pointing to research by Loup Ventures, the missive states that in 2016 a… Read More

Senator Sherrod Brown Asks Apple, Google to Explain How they Protect Against Fraudulent Crypto Apps

Smartphones have become the operating systems of our existence. Today, you need your iPhone or Android phone to accomplish many different tasks, including managing money. This also includes the growing number of crypto and neo-banking Apps. Yesterday, Sherrod Brown, a Democrat Senator from Ohio who… Read More

Klarna Facing a Down Round as it Seeks More Funding: Report

Klarna, a European buy now – pay later (BNPL) platform that has experienced rapid growth, is planning to raise additional funding in a down round that may be a warning sign for the entire BNPL sector. According to a report by WSJ.com, Klarna is aiming… Read More

PayPal Expands BNPL Offering as Apple Pay Later Challenges Incumbents

PayPal (NASDAQ:PYPL) announced today a new buy now – pay later (BNPL) offering “PayPal Monthly.” The expanded credit offering arrives just after Apple (NASDAQ:AAPL) announced Apple Pay Later, a BNPL that allows users to easily pay for a purchase with 4 payments during a 6… Read More

Apple to Benefit from Apple ID Data to Halt Credit Fraud for its Lending Products

Apple Pay Later, Apple’s (NASDAQ:AAPL) newest Fintech service, was recently revealed rattling the cages of more established buy now – pay later (BNPL) providers. As the thesis goes, Apple will offer short-term credit (just 6 weeks – 4 payments) which will drive sales and thus… Read More

Apple Pay Later to be Managed by Apple, Advised by Goldman with More Fintech Coming

Apple Pay Later, Apple’s (NASDAQ:AAPL) entry into the buy now – pay later sector (BNPL), will be managed directly by an Apple subsidiary according to multiple reports. The news of the BNPL product was revealed during the WWDC keynote address earlier this week representing a… Read More

Fintech Ramp Adds Apple Pay as Payment Option for US Clients

Ramp, the payments company making crypto accessible to everyone, has reportedly added Apple Pay as a payment option for its US clients in 36 states. As mentioned in the update shared with CI, the mobile payment option, “already available to consumers on Ramp in the… Read More

Apple Pay Later Announcement Causes Shares in BNPLs to Sink

Yesterday, during Apple’s (NASDAQ:AAPL) annual WWDC keynote, Apple announced an entry into the buy now – pay later (BNPL) sector of Fintech. Under Apple Pay Later, iPhone users may choose to pay over time without any additional fees or interest charges. Apple already allows purchases… Read More

Apple Pay Later: Mega-Tech Firm Apple Offers BNPL Product

Apple (NASDAQ:AAPL), the world’s largest company by market cap and ubiquitous tech firm, announced a buy now – pay later product today alongside a solid portfolio of other updates. During the annual WWDC keynote, Apple executives revealed Apple Pay Later, a new feature of the… Read More

Square to be Included on iPhone Tap to Pay

Square, part of Block (NYSE: SQ), says it will add its Tap to Pay feature on the iPhone with an Early Access Program available today and wide release later this year. Square said that it has been working with Apple (NASDAQ:AAPL) to enable Tap to… Read More

CNote Expands Access to Capital for Community Financial Institutions With $25M from Apple

CNote, an Oakland-based fintech, announced that Apple (NASDAQ:AAPL) will use the CNote platform “to deploy $25 million into underserved communities across the country.” Apple‘s $25 million commitment is part of its broader Racial Equity and Justice Initiative, an effort “to address systemic racism in America… Read More

PayPal Prodded the EU to Go After Apple Pay: Report

PayPal (NASDAQ:PYPL) is at least one of the firms that called up the European Commission to complain about Apple (NASDAQ:AAPL) and its Apple Pay offering pushing the competition ministry to pursue possible anti-trust violations, according to a report in Bloomberg. This is not the first… Read More

Apple Research Highlights Growing Fintech Services: Report

Apple (NASDAQ:AAPL) is not just the creator of the ubiquitous iPhone, Mac, iPad, etc., but a growing number of intertwined services and products that are simple to use and work really well. Apple is not really a tech firm, it is an ecosystem that continues… Read More

EU: Apple Accused of Antitrust Transgressions Due to its Payment Platform

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

Apple to Get Hit with More Antitrust Charges from European Union: Report

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

MetaMask Cautions on iCloud and Phishing Attempts Aiming to Steal Crypto

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

Fintech Adyen to Provide Tap to Pay on iPhone to Clients Later in 2022

  Adyen (AMS: ADYEN), the international Fintech platform of choice for major businesses, is working with Apple to provide Tap to Pay on iPhone for its US clients later in 2022. The solution “allows Adyen’s U.S. customers to use their iPhones to accept contactless payments,… Read More

Piper Sandler Gen Z Survey Reports Apple Pay as Top Payment App Beating Venmo

Piper Sandler (NYSE: PIPR) has published its 43rd semi-annual Taking Stock With Teens survey which reviews trends and brand preferences from Gen Z (teens) across 44 U.S. states. The spring 2022 survey was conducted from February 16 to March 22 with the most responses from… Read More

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