Morning Scan: Banks Vie for No. 1 Slot in Apple Pay; Citi Nears IPO ...

Receiving Wide Coverage ...

Apple Pay's Ripple Effects: Big banks are vying to have their cards at the top of iPhone users' mobile wallets when Apple Pay debuts next month. Apple has yet to release details of how its mobile payments system will work, but the Financial Times reports that everyone is betting consumers will be able to select a particular card as the default payment option. That's a scary prospect for lenders like the San...