PYMNTS

AUGUST 20, 2019

The launch of the Apple Card is allowing Goldman Sachs to become a leader in consumer banking, according to the bank’s CEO David Solomon. In late March, Apple and Goldman Sachs announced the Apple Card , which users sign up for through Apple Pay. 20) to all U.S. 20) to all U.S.

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Apple Cards Maine Policies 188

Payments Source

MARCH 25, 2019

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.

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Apple Cards Branding Technology 160

PYMNTS

NOVEMBER 25, 2019

Nike is offering 3 percent cash back to Apple Card users when a Nike product is purchased using Apple Pay , TechCrunch reported Monday (Nov. The deal applies to all Nike products when purchases are made using the Apple Card through the Nike website, retail stores, Nike Training Club and more. customers in August.

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PYMNTS

NOVEMBER 25, 2019

Nike is offering 3 percent cash back to Apple Card users when a Nike product is purchased using Apple Pay , TechCrunch reported Monday (Nov. The deal applies to all Nike products when purchases are made using the Apple Card through the Nike website, retail stores, Nike Training Club and more. customers in August.

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Apple Cards Training Branding 140

PYMNTS

APRIL 23, 2019

In technology, especially when it comes to consumer-focused technology, Apple is viewed as a disruptive force. The digital card will be linked to Apple Pay. Apple Card is set to be available starting this summer. The duality of physical and digital cards seems to have sparked at least some mulling from other firms.

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Apple Cards Payments Course 200

PYMNTS

MAY 28, 2019

Citigroup was reportedly in advanced talks with Apple to partner on its new credit card but decided not to move forward, according to CNBC. The report noted that JPMorgan Chase, Barclays and Synchrony were also in the running to partner with Apple on the credit card. According to CNBC, U.S.

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Apple Cards Branding Report 178

PYMNTS

NOVEMBER 3, 2019

Goldman Sachs said it doled out about $10 billion in credit lines in just over month for the Apple -branded credit card, Bloomberg reported on Friday (Nov. According to regulatory filings made public this week, Apple Card? There are no fees with the card, and it integrates with Apple Pay and the iOS Wallet app.

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Apple Cards Branding Retail 129

Bank Innovation

FEBRUARY 21, 2019

It would be “odd” for Apple Inc. to offer a jointly developed credit card with Goldman Sachs Group Inc. and not with Synchrony Financial, MoffettNathanson analyst Lisa Ellis said, since Synchrony dominates the market for co-brand offerings. Goldman must be offering Apple a very good deal,” Ellis said by email.

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Apple Cards Branding Groups 150

PYMNTS

NOVEMBER 3, 2019

Goldman Sachs said it doled out about $10 billion in credit lines in just over month for the Apple -branded credit card, Bloomberg reported on Friday (Nov. According to regulatory filings made public this week, Apple Card? There are no fees with the card, and it integrates with Apple Pay and the iOS Wallet app.

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Apple Cards Branding Retail 127

PYMNTS

APRIL 17, 2020

To reportedly help it compete with Apple Pay and the Apple Card, Google is creating its own tangible and virtual debit cards. The tech company’s debit card will have the brand of Google along with its partnered financial institution; however, it is not known what the offering’s name will be.

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Google Cards Apple Branding 229

PYMNTS

AUGUST 4, 2019

Ahead of the launch of the Apple Card, backer Goldman Sachs said in the customer agreement it will not allow the purchase of cryptocurrencies, Reuters reported Friday (Aug. Reuters said Goldman declined to comment and Apple did not immediately respond to requests for comment. . iOS update. . iOS update. .

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PYMNTS

AUGUST 2, 2019

In preparation for the release of its Apple Card, Apple has ended the Barclaycard Apple Rewards Card and now only offers minimal financing plans with it, according to reports. . When it comes to specific financing options, the Apple Card will offer those. The card had “Apple Rewards” on it.

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Apple Cards Trends Branding 115

Payments Source

APRIL 30, 2019

Apple Card's advantages are mostly available elsewhere, but Apple's marketing prowess will make it a formidable competitor, according to Jonathan Ebinger, a general partner at Blue Run Ventures.

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Apple Cards Branding Marketing 72

PYMNTS

MAY 31, 2019

Margaret Keane, the CEO of Synchrony Financial, the biggest provider of store credit cards, said the card industry will be keeping a close watch on how Goldman Sachs handles its partnership with Apple in regards to the newly announced Apple Card.

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Apple Cards New York Branding 122

PYMNTS

MARCH 22, 2019

Apple has reportedly acquired API integration developer Stamplay for 5 million euros ($5.678 million). While it’s unknown exactly why Apple is interested in Stamplay, the fact that the company has experience in the financial payments industry could be beneficial to the tech giant with Apple Pay, its digital payment service.

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Apple Payments System Cards 175

PYMNTS

OCTOBER 1, 2020

Goldman Sachs has beat out competitor Barclays to buy General Motors (GM)'s credit card business, according to a report from The Wall Street Journal (WSJ). In their pitches to GM, both Goldman and Barclays promoted the idea of cars as eCommerce portals, a notion supported by auto makers and card networks like Visa and Mastercard.

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Cards Apple Lending Maine 264

PYMNTS

OCTOBER 14, 2020

Apple is hoping its new 5G iPhones will help it bridge a gap in sales in China, where it has been beaten out by rivals like Huawei, The Wall Street Journal (WSJ) reports. But in China, the phone wasn't seen on display at an Apple store in Shanghai. On Tuesday (Oct. in recent years.

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Apple Samsung Analytics Report 160

PYMNTS

DECEMBER 2, 2019

A prominent analyst, JPMorgan’s Samik Chatterjee, has suggested that Apple may alter the way it currently releases iPhones every year, splitting them into summer and fall releases instead of lumping them all together near the end of the year, according to reports. There were three released this year, and four are planned for next year.

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Apple Samsung Cards Training 131

PYMNTS

APRIL 1, 2019

Three years ago, I wrote a piece in which I said Apple had become the kind of company that Steve Jobs once said he never wanted it to be: one that follows the lead of others. Jobs felt so strongly that he said he’d rather gamble Apple’s future instead of trying to one-up everyone else after the fact. Copycatting in Cupertino.

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Apple Google Cards Video 179

PYMNTS

MAY 8, 2020

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. It was also the first platform to introduce a cashback service for online shopping and recently added support for Swipe’s cryptocurrency Visa cards. has seen slow adoption compared to other regions.

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PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). American Express, Amazon Rollout Card For UK SMBs. American Express rolled out co-branded cards with Amazon for British SMBs.

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Cards Innovation United States Branding 248

South State Correspondent

MARCH 23, 2022

If your bank struggles to create a clear value proposition and brand differentiation, then we have a case study for you. Brand Differentiation Step 1: Build an Employee-Centric Culture. Nubank is an example of what happens when you invest in your products in order to differentiate your brand.

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Gonzobanker

AUGUST 3, 2023

The time has come for some truth on the world of payment card flips. disrupted banks’ income on debit cards. had in 2011, they’re likely to see an 18% to 25% volume shift from signature to PIN card transactions by the end of 2025. And the threat of disruption on credit cards looms large. What interchange differential?

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Cards Payments Branding ATM 121

PYMNTS

NOVEMBER 5, 2019

based NatWest has introduced Apple Pay to its 1 million small and medium-sized enterprise (SME) business banking customers, giving them more options to make payments on the go, LearnerBonds reported on Tuesday (Nov. With Apple Pay, the actual card numbers are not stored on the device or Apple servers. In 2018, some 27.7

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Apple Cards Branding Security 101

PYMNTS

NOVEMBER 4, 2019

Also, Goldman Sachs has doled out approximately $10 billion in credit lines for the Apple -branded credit card. Goldman Extends $10B In Apple Card Credit In First Month. Goldman Sachs has doled out approximately $10 billion in credit lines for the Apple-branded credit card. Apple Card?

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PYMNTS

JANUARY 24, 2020

Verizon is partnering with financial firm Synchrony to put out its own consumer card in the first half of this year, they said on Thursday (Jan. T-Mobile recently started providing banking services through T-Mobile Money, and Amazon and Uber now both offer their own branded cards. 23), according to published reports.

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Cards Apple Mobile Branding 168

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. Apple Pay’s Digital-First Disconnect. consumers showed that of the 7.75

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Apple Study Innovation Survey 227

Payments Source

APRIL 22, 2019

JCPenney ended support for Apple Pay in its stores and also removed the mobile payment option from its app, a surprising reversal for a brand that offered Apple Pay in 2015, within a year of its rollout. There are multiple factors in play here.

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Apple Branding Mobile Payments 153

Accenture

OCTOBER 9, 2019

The credit card partnership market is off to an aggressive start in 2019, given issuers’ robust activity in the first half to try to fuel new growth amidst a leveling-off in receivables. Already, 10 new credit card programs launched in the second quarter of 2019 (Figure 1), compared to the 16 launched in 2018, based on our analysis.

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Cards Analysis Retail Apple 150

PYMNTS

NOVEMBER 12, 2019

Meanwhile, Amazon is opening its first branded grocery store , and there are questions about discrimination and the Apple Card. Amazon To Open First Branded Grocery Store. Goldman Denies Discriminatory Apple Card Practices, Says It Will Reassess Limits. Former U.S. 11) before confirming the news.

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Apple Cards Tools Branding 101

Payments Source

FEBRUARY 21, 2019

Banks and Apple Pay have not always had easy partnerships, but a hot market for co-branded cards gives Goldman Sachs a chance to advance its consumer ambitions and Apple an opportunity to offset slumps in device sales.

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Apple Branding Cards Marketing 109

Accenture

MAY 30, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Credit card profitability remains attractive for banks with our ROA proxies increasing 43 bps YoY?. Notable happenings. New partnerships.

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Cards US Taxes Apple 236

Accenture

AUGUST 20, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Despite ongoing rewards competition, card profitability remains strong. Retail Card, Payment Solutions, and CareCredit).

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PYMNTS

SEPTEMBER 13, 2018

Bank of America is adding mobile wallet functionality to its suite of commercial card products, the bank said Wednesday (Sept. According to Bank of America, mobile wallets can enhance payment security by tokenizing account numbers, effectively using a physical commercial card to generate a virtual card for a particular purchase.

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Mobile Cards Samsung America 141

PYMNTS

NOVEMBER 11, 2019

The Apple Card’s Big Launch. Early accounts seem to indicate that the just-launched Apple -branded credit card is finding its way into customers’ hands, and into heavy use. According to issuer Goldman Sachs , they have opened up about $10 billion in credit lines in just over month for the Apple Card.

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Apple Massachusetts Data Cards 101

Bank Innovation

AUGUST 11, 2016

When Apple launched Apple Pay in 2014, it obtained advantageous terms for transactions, and banks seemed eager to be aligned with Apple’s brand. A bit of the shine is off Apple Pay today due to low usage numbers, and some banks are playing hardball– at least in Australia.

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Apple Branding National Cards 150

PYMNTS

NOVEMBER 5, 2018

Analysts and the media smelled blood in the water after CEO Tim Cook said Apple would stop reporting unit sales of its products, including its crown jewel, the iPhone, next quarter. For Apple, it was consumers not buying iPhones at the frequency they once did. So, how’s Apple going to make that up?

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