Tagged: apple

March 28, 2023 @ 4:11 pm By JD Alois  |  

Shares in Affirm (NASDAQ:AFRM) to a bit of a bruising today on the news that Apple had finally released its buy now pay later service (BNPL) into the wild for selected borrowers. At the close of the market, Affirm had lost over 7% but had… Read More

March 28, 2023 @ 1:30 pm By JD Alois  |  

Apple’s buy now – pay later service (BNPL) is finally available. Apple Pay Later was announced quite some time ago – but then Apple tends to make certain everything is perfect (or nearly) before launching anything. In a release, Apple (NASDAQ:AAPL) said that starting today,… Read More

February 25, 2023 @ 10:15 am By Omar Faridi  |  

Swarm, the regulated blockchain platform, announces the launch of a public investment offering for Apple, Tesla, and two US Treasury Bond ETFs on decentralized finance (DeFi). The “fully” asset-backed tokens are “available on the Polygon blockchain for both retail and institutional investors, with no minimum… Read More

February 8, 2023 @ 1:52 pm By JD Alois  |  

Apple (NASDAQ) is expected to soon launch its buy now-pay later product (BNPL) as it expands the service to a broader beta group. According to a report filed by Bloomberg, Apple Pay Later is being tested in-house by its approximately 80,000 or so retail employees…. Read More

February 1, 2023 @ 5:00 pm By JD Alois  |  

As was widely anticipated, today, the US Federal Reserve announced a 25 basis point increase to its benchmark rate as it continues to battle nagging inflation that has imperiled the economy. The vote by the Federal Open Market Committee (FOMC) was unanimous in its decision…. Read More

January 23, 2023 @ 9:29 am By JD Alois  |  

In a move that should come as no surprise – except for the delay in moving forward on the strategy – the big banks that helped to found Zelle are creating their own digital wall, according to a report. The seven banks, including Citi, Bank… Read More

January 18, 2023 @ 10:29 am By JD Alois  |  

Goldman Sachs (NYSE:GS) released Q4 2022 and full-year 2022 results yesterday which have been deemed a disappointment by analysts and many investors. It has been widely stated that Goldman has not missed expectations this badly in many years. Shares quickly reflected this sentiment, sinking dramatically…. Read More

January 17, 2023 @ 10:53 am By JD Alois  |  

Goldman Sachs (NYSE:GS) reported Q4 2022 and full-year 2022 results this morning, falling short of analyst expectations. The operations of the world’s most prominent investment bank and aspiring Fintech have been challenged during a difficult economic climate. Recently, Goldman slashed approximately 3200 employees to cut… Read More

January 13, 2023 @ 7:56 am By Omar Faridi  |  

Tulip is pleased to announce that their omnichannel and enterprise-grade Point of Sale now supports Tap to Pay on iPhone. The addition of Tap to Pay on iPhone was “made possible due to the company’s partnership with Adyen, the global financial technology platform of choice… Read More

December 19, 2022 @ 8:05 pm By Omar Faridi  |  

Mastercard (NASDAQ: MQ) brings Apple Pay to its cardholders in Kuwait. Apple Pay is “providing a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the… Read More

December 1, 2022 @ 4:35 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has taken to Twitter to criticize Apple (NASDAQ:APPL) because it has blocked its most recent App update as Coinbase moved to evade app store fees. Coinbase said that Apple does not understand how NFTs and blockchain work, and thus Apple is in the wrong…. Read More

November 30, 2022 @ 9:05 am By JD Alois  |  

Apple Pay, the Fintech service offered by the eponymous tech firm Apple (NASDAQ:AAPL), is growing at a rapid pace, according to a report compiled by Salesforce. Asking the question of which payment type saw the fastest adoption in 2022, Apple Pay delivered a whopping 63%… Read More

November 15, 2022 @ 4:03 pm By JD Alois  |  

Apple Pay, the very popular digital wallet offering from Apple (NASDAQ:AAPL), is now available via Circle, according to a blog post. Circle stated that eligible businesses who build with Circle can now accept Apple Pay. This includes both in-App payments as well as using a… Read More

October 18, 2022 @ 9:29 am By JD Alois  |  

Following the news that Apple (NASDAQ:AAPL) will soon start offering interest-bearing savings accounts, a report predicts that Apple will also offer health insurance in the coming years. A claim that makes some sense. Insurtech, or insurance technology, is a booming sector of financial services, and… Read More

October 18, 2022 @ 8:30 am By JD Alois  |  

Goldman Sachs (NYSE:GS) topped estimates this morning, reporting earnings per share (EPS) of $8.25, handily beating analyst expectations. While the investment bank experienced significant declines in top and bottom line numbers due to the challenging economic environment, performance was welcomed by investors. According to the… Read More

October 17, 2022 @ 10:23 am By JD Alois  |  

A day before Goldman Sachs (NYSE:GS) will post its Q3 earnings, a report has been distributed indicating Goldman will pursue a major overhaul of the structure of the banking firm. According to WSJ.com, investment banking and trading will now be a single division, asset and… Read More

October 13, 2022 @ 2:53 pm By JD Alois  |  

Apple (NASDAQ:AAPL), the largest company in the world by market cap, is becoming more like a digital bank. Apple announced today that it will soon offer interest-bearing accounts alongside its highly popular Apple Card. The service will be available in partnership with Goldman Sachs (NYSE:GS),… Read More

September 25, 2022 @ 6:26 pm By JD Alois  |  

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

September 7, 2022 @ 3:50 pm By JD Alois  |  

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

August 18, 2022 @ 3:10 pm By JD Alois  |  

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