Tagged: apple

Goldman Sachs CEO David Solomon Talks Up Apple Relationship

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

Goldman Sachs Disappoints in Difficult Environment, Scales Back Consumer Focus, Shares Sink in Early Trading

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

Tulip Point of Sale Supports Tap to Pay on iPhone with Adyen

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

Mastercard Introduces Apple Pay to Consumers in Kuwait

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

Coinbase Gripes About Apple Blocking its Attempt to Dodge App Store Fees

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

Apple Pay Booms, Grows by 63%

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

More Retail Payments: Circle Announces it Will Enable Apple Pay for Merchants

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

Apple Predicted to Get Into Health Insurance: Report

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

Goldman Sachs Tops Estimates, Moves Forward with Reorganized Bank

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

Goldman Sachs Reorganizes Firm Structure, Consumer Banking Moves to Wealth Management, Other Fintech Shuffled to Transaction Banking: Report

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

Bank of Apple: Apple Card to Offer Interest Bearing Accounts in Partnership with Goldman Sachs

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

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

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