Morning Scan: Apple Eyes P2P Payments; Bank Recruiting Lags

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Apple Eyes P-2-P Payments: In a bid to claim a bigger stake in the payments industry, Apple has begun talks with banks to launch a peer-to-peer payment service. The service would target the market already enjoyed by PayPal's Venmo and Square's Square Cash, the Wall Street Journal reports. Venmo currently accounts for 19% of mobile person-to-person payments, facilitating $2.1 billion in mobile payments during the third quarter alone. As part of this...