Tagged: apple

September 28, 2023 @ 11:58 am By JD Alois  |  

Apple (NASDAQ:AAPL) is extending its Fintech services by enabling real-time connections to bank accounts in the UK, and displaying balances in the Apple Wallet. The UK has emerged as a leader in open banking technology, which means financial firms are required to provide access to… Read More

September 26, 2023 @ 8:44 pm By Michael Wong  |  

iStudio, an Apple Premium Reseller in Singapore, has recently partnered with Triple-A, a crypto payment gateway sanctioned by the Monetary Authority of Singapore (MAS) to allow customers to make purchases using cryptocurrencies at selected iStudio stores. The iStudio stores include those in Jurong Point, Tampines… Read More

September 24, 2023 @ 7:09 pm By Omar Faridi  |  

Hitting their Covid lows, tech M&A deal volume dropped to its lowest level since 2020, according to a report from CBInsights. The CBInsights report also reveals that risk-off strategic acquirers are the primary drivers of “a slowdown in tech M&A activity.” The report further notes… Read More

September 20, 2023 @ 9:16 am By JD Alois  |  

Any longtime Apple (NASDAQ:AAPL) watcher understands that it is one of the largest Fintechs in the world with plans to become any bigger. Adding investments and trading makes sense. It is just a matter of time.  Today, there is a report by CNBC quoting those… Read More

September 8, 2023 @ 8:46 am By Omar Faridi  |  

A market report shared with CI reveals that UK hiring activity has slowed down, with London set to lose another name. As noted in the update: FTSE 100 opens marginally higher, reports show UK hiring activity slowed in August Competition probe wipes hundreds of millions… Read More

August 3, 2023 @ 8:09 am By JD Alois  |  

Apple (NASDAQ:AAPL), one of the largest Fintechs in the world, is reporting that its new Savings feature is now holding deposits of over $10 billion. Apple Savings is being offered in partnership with Goldman Sachs (NYSE:GS). Long expected, Apple launched Apple Savings on April 17th… Read More

July 21, 2023 @ 4:23 pm By JD Alois  |  

Apple (NASDAQ:AAPL), one of the largest Fintechs in the world, is gaining traction with its new Buy Now Pay Later (BNPL) product. Released this past March but announced months prior, Apple says that Apple Pay Later wants to support its users financial health. The credit… Read More

July 18, 2023 @ 9:26 am By JD Alois  |  

Not too long ago, it was reported that some Apple Savings customers were having difficulty withdrawing funds from their accounts. Apple Savings is a new Fintech feature provided by Apple (NASDAQ:AAPL) and powered by Goldman Sachs (NYSE:GS).  The service offers a relatively high-interest rate for… Read More

July 13, 2023 @ 10:10 am By JD Alois  |  

Apple (NASDAQ:AAPL) has expanded its Tap to Pay service by offering the product in the UK.  The first two platforms offering the service are Revolut and Tyl by NatWest. Revolut is a top Fintech providing banking services in the UK and around the world. Tyl is… Read More

July 8, 2023 @ 3:23 pm By Omar Faridi  |  

Apple has reportedly removed several malicous lending apps targeting unsuspecting users in India. The apps had allegedly used unethical methods in order to collect repayments, like threatening to send deepfake nudes to the borrowers’ personal contacts. In the last week, Apple (NASDAQ:AAPL) has removed various… Read More

June 6, 2023 @ 3:07 pm By Omar Faridi  |  

Chargebacks911 and Fi911, the firm focused on chargeback management technology, announced the appointment of payments industry professionals Guy Harris as its Chairman of the board, and Eric M. Hoffman as President of Interbank Solutions and board member. The two experienced and well-connected payments professionals, “who… Read More

June 1, 2023 @ 1:07 pm By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has issued a statement that “billions” of dollars held on payment Apps may not possess federal insurance. The CFPB said these funds may not be safe during times of “financial stress,” alluding to the recent banking crisis. Rohit Chopra,… Read More

May 30, 2023 @ 11:47 am By JD Alois  |  

Recently, Ram Ahluwalia wrote an Op-Ed for American Banker that posed a somewhat controversial take on banking. Ahluwalia said outdated banking rules are denying access to Big Tech firms, like Apple and Amazon, who could enter the banking sector and bring loads of capital as… Read More

May 27, 2023 @ 4:49 pm By Omar Faridi  |  

MoMo, which claims to be one of Vietnam’s leading fintech companies, recently announced that it now offers customers of Vietnam’s Apple Store Online flexible payment options, “with the launch of monthly Instalments for Apple Store Online.” With this new feature, Vietnamese customers will “have the… Read More

May 21, 2023 @ 9:55 pm By Omar Faridi  |  

Tyro Payments is pleased to announce that its customers in Australia are now able to accept in-person contactless payments seamlessly and securely with Apple’s Tap to Pay on iPhone contactless payment acceptance technology using the new Tyro BYO App, starting now. Tap to Pay on iPhone… Read More

May 10, 2023 @ 1:04 pm By JD Alois  |  

Goldman Sachs (NYSE:GS) provides much of the magic behind Apple’s (NASDAQ:AAPL) Fintech ventures. Not too long ago, Apple announced its anticipated saving plan, offering consumers an APY of 4.15% – higher than many banking firms. While few details are available on the success of Apple… Read More

May 1, 2023 @ 3:04 pm By JD Alois  |  

While Apple (NASDAQ:AAPL) has not officially announced how Apple Savings is fairing, a recent report indicates that the Fintech offering is already capturing solid interest from Apple device users. Apple launched its anticipated Apple Savings feature in partnership with Goldman Sachs (NYSE:GS) on April 17th…. Read More

April 28, 2023 @ 1:03 pm By Omar Faridi  |  

TapPay, which is one of the top 100 fintech companies selected by KPMG, has officially enabled Tap to Pay on iPhone in the TapPay iOS app for merchants in Taiwan. Tap to Pay on iPhone “accepts all forms of contactless payments, including Apple Pay, contactless… Read More

April 20, 2023 @ 10:48 am By JD Alois  |  

In recent days, Apple (NASDAQ:AAPL) announced its anticipated savings account in partnership with Goldman Sachs (NYSE:GS). Like all things Apple the process of creating a savings account is streamlined and seamless – taking less than one minute.  The savings account has launched with a solid… Read More

April 17, 2023 @ 10:47 am By JD Alois  |  

As was anticipated last week, Apple (NASDAQ:AAPL) has revealed its savings option paying users an APY of 4.15%, thus creating a compelling option for its customers to hold cash with the neobank/tech firm. According to Apple, Apple Card users will have the option to have… Read More