News Topic: Apple Pay
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Apple, Goldman plan buy now/pay later service to rival Affirm
Apple to add digital ID storage to Wallet app
Contactless payments: The future is here
Whether they take the form of a mobile wallet or a touch-free credit card, contactless payments are poised to take off as consumers — wary of using terminals and ATMs or handing cards back and forth — change their habits. ... Read full article
FDIC eyeing bank dividends; Morgan Stanley sued by former diversity head
Banks paid out nearly twice as much as they earned in the first quarter; Marilyn Booker, a managing director, said she was fired in December for pushing too hard on a diversity plan. ... Read full article
Bankers see payments firms as fintech enemy No. 1
Banks, especially smaller ones, are more worried about the competitive inroads that Apple Pay, Venmo and others have made than they are about tech companies' incursions into other financial segments, according to a new survey by Promontory Financial. ... Read full article
Apple Card adds Uber rewards in wider launch
Apple is expanding the list of merchants where Apple Card users may earn 3% cash back, starting with Uber. ... Read full article
Apple Card fortifies the digital model, and that's trouble for banks
Apple's massive user base, fully digital enrollment system, merchant reach and partnership with Goldman Sachs threaten retail banks on multiple fronts. ... Read full article
Apple Card: 10 key takeaways
Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology. ... Read full article
Apple expands Goldman credit card test to thousands of retail workers
Apple Inc. is ramping up a test of a digital-first credit card with Goldman Sachs Group Inc. by expanding its use to tens of thousands of the iPhone maker’s U.S. retail employees. ... Read full article
Apple Card raises pressure on banks — and fintechs
The new Apple Card wasn't just one product of many announced at the Steve Jobs Theater on Monday — it was the glue that binds all of Apple's new services together. ... Read full article
Apple Card: 7 key takeaways
Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology. ... Read full article
EBay's Apple, Square pacts could strangle community banks
With just two partnerships, eBay is cutting off a big opportunity for community banks. ... Read full article
Apple said to pick Goldman Sachs to issue reward credit card
Goldman Sachs will issue Apple’s new co-brand credit card, according to a person familiar with the matter, as the investment bank deepens its push into consumer finance. ... Read full article
Banks' sluggish support of mobile payments
Despite millions spent on promotions and marketing for Apple Pay and other proprietary options from banks, mobile payments volume is still weak. ... Read full article
How the iPhone may alter mobile banking
Facial recognition and an updated Apple Watch could spur change in banks’ mobile apps for Apple customers. ... Read full article
Apple makes iMessage the heart of its P-to-P strategy
Apple formally announced the debut of its rumored Venmo-like P-to-P service, and as with anything Apple-related, it's deeply embedded into the overall Apple ecosystem. ... Read full article
U.S. Bank enables mobile payments for Visa corporate cards
U.S Bank’s commercial Visa card customers can now use their smartphones to make corporate payments via Apple Pay, Android Pay or Samsung Pay. ... Read full article