Tagged: apple

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

Apple Store San Francisco

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

Apple Store 5th Avenue New York City

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 Card

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

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

Apple 1

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

Auto Theft Crime Criminal Crook

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

iPhone X Money Dollars Antique

  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

Pay Apple Pay Google Pay Spend

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

Apple Predicted to Move Deeper into Fintech

Apple Store Soho New York City

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

Fintech Airwallex Explains How they Make Accepting Apple Pay More Seamless

Apple iPhone Store

The team at Airwallex notes that as the global online sales continue to grow, “so do customer expectations.” Digital wallets such as Apple Pay are “becoming more popular, more secure — and without all the friction, more necessary for eCommerce success.” As noted in the… Read More

Fintech: Apple Acquires UK Open Banking Firm Credit Kudos

Apple Store London UK 1

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

Paceline Debuts Health-Based Rewards Visa, Offers Up To 5% Back

Credit Card

Paceline, a company that connects your health and your finances through its unified wellness platform, today launched the first credit card powered by movement – rewarding cardmembers not only for spending, but for staying active by hitting their weekly “streak” of 150minutes of exercise. The Paceline… Read More

Stripe is Accepting Applications for Apple’s Tap to Pay Feature

Apple Store 5th Avenue New York City

  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

Apple Takes Payments Another Step Turning iPhones Into Payment Terminals with “Tap to Pay”

Apple Apple Pay Transaction

  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

Skip the Credit Card Terminal, Apple to Enable NFC Transactions Directly on the iPhone

Apple Card

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

Fintech: Research Indicates that 9% of Teens Have Traded Crypto, PayPal is Top BNPL Option, Cash is King for Payments

Ethereum Dollars iPhone

Piper Sandler, a financial services firm based in Minneapolis, has surveyed teens for more than 20 years. The company researches trends regarding brand purchases and activities that may aid in discerning the rising or declining popularity of the firms that provide these products. CI recently… Read More

Mattias Tengblad: Corite Co-founder Says they’re Bringing Play to Earn Model to Music Industry

Music Tape to Tape Reel

We recently caught up with Mattias Tengblad, the Co-founder and CEO at Corite, a platform that allows artists and their fans to join forces. Via the Corite platform, people can invest in music they really love and get paid when it’s streamed on Spotify and… Read More

Tim Cook Says Apple is Looking at Crypto but No Immediate Plans

Apple Store Munich Germany

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

TokenPocket App Removed From App Store After PayPal Initiates Logo Lawsuit

Worried Benjamin Money

The TokenPocket app was removed from the App Store this week due to what appears to be a disagreement between the company and payments giant PayPal. In a statement on its website dated Nov. 4, TokenPocket said its app was removed from the App Store… Read More

CFPB Orders Apple, Google, Amazon, Facebook, Square and PayPal to Hand Over Payments Info

CFPB Coffee Mugs

The Consumer Financial Protection Bureau (CFPB) has demanded that big tech, including Fintechs, to hand over information on payments. As everyone knows, payments have gone digital as cash usage declines. While many transactions have migrated to plastic debit and credit cards, today cards are virtual… Read More

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