PYMNTS

AUGUST 15, 2019

The Apple Card looms, with a rollout that began last week through Goldman Sachs, and according to at least one analysis, the card might underwhelm consumers, lead to muted results (at least at the outset) for its tech and banking backers, and for Goldman, even lead to losses, depending on the economic climate. Maybe initially.

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South State Correspondent

JULY 24, 2023

Film quality aside, there have been few movies in the history of the World that have done a better job at marketing than Barbie. This article highlights these lessons and applies them to marketing deposits. We will also stipulate that you don’t have $100mm to spend on a marketing budget. Marketing made it so.

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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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PYMNTS

MAY 10, 2018

Two marquee names — one in tech and the other in finance — and a card between them. News came Thursday (May 10) that Apple and Goldman Sachs Group are in the midst of bringing a joint credit card to market. The move by Goldman and Apple has a cross-pollination effect of sorts. million units.

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PYMNTS

JANUARY 27, 2021

It was supposed to be a record-breaking fiscal year first quarter for Apple and the company did not disappoint. Apple saw double-digit growth in every product category for its fiscal 2021 first quarter ended Dec. Though Apple’s newest iPhone 12 was only available for part of the quarter, Apple still saw $65.60

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PYMNTS

MAY 11, 2018

Apple and Goldman Sachs Group are in the midst of bringing a joint Apple Pay-designated credit card to market. The news comes at a critical juncture in the product lifecycle of Apple Pay. But Apple Pay’s adoption “curve?” How, then, will Apple see another inflection point?

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PYMNTS

DECEMBER 4, 2020

Dutch antitrust regulators have launched an investigation into freedom of choice regarding payment apps and is eyeing Apple Pay’s limitations, Bloomberg reported. Although the antitrust regulator didn’t mention Apple by name, it said in a press release on Friday (Dec. Apple has denied any outside access to the chip.

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Payments Source

MAY 22, 2019

The Apple Card takes a more aggressively digital approach to credit card relationships than most other products on the market — but the technology behind it isn’t exclusive to Apple.

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PYMNTS

FEBRUARY 13, 2020

Banco Santander announced that it has hired Trish Burgess, formerly of Apple, to head up its peer-to-peer (P2P) payments department, according to a release. At Apple, Burgess provided insight and direction for the Apple Card , working with the engineering, product, marketing and operations teams from both Apple and Goldman Sachs.

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PYMNTS

JUNE 11, 2019

Apple Pay has added support for users in the Netherlands and also expanded services for Revolut users , according to reports. All Apple Watch, iPad, Mac and iPhone users can use the service wherever it’s accepted. Apple Pay has recently been rolling out internationally in many different countries, and is also growing in the U.S.

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PYMNTS

OCTOBER 14, 2020

Buyers of Apple’s new iPhone 12, which will be available Oct. 23 in the United States for some models and in November for others, will get three free months of the company’s subscription Arcade service and one year of free Apple TV+, the company noted in a Tuesday (Oct. per month each for Apple TV+ and Apple Arcade after free trial.

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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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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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Payments Source

AUGUST 25, 2019

To other companies, Apple Card's pitch to consumers is not just free marketing; it's an entirely new market for a traditionally business-centric product.

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Bank Innovation

JUNE 27, 2019

Credit card distribution startup Extend sees a $400 billion market opportunity in eliminating out-of-pocket spending for business expenses through the instant issuance of virtual company credit cards.

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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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PYMNTS

OCTOBER 31, 2019

iPhone growth continues to look sluggish, but Apple’s earnings report was a mostly story about growth once one got away from the figures on the firm’s flagship product. Particular areas of strength were Apple wearables and the services business line. Wearables is home to the Apple Watch and the AirPods. billion made by analysts.

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PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Those conversations have largely ignored the Biggest Tech company of all, Apple, and Apple Pay. consumers showed that of the 7.75

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PYMNTS

AUGUST 13, 2020

When Apple releases its latest iteration of the iPhone this fall, it seems that the company will also be announcing the latest evolution in its rapidly expanding Services ecosystem. 13), Bloomberg quoted unnamed Apple sources as saying that the tech firm will be rolling out new subscription bundles for digital services.

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PYMNTS

NOVEMBER 8, 2019

Goldman Extends $10B In Apple Card Credit In First Month. According to regulatory filings made public this week, Apple Card? Flywire Taps Former Apple Pay Exec As President, COO. The subscription commerce market has grown by more than 100 percent each year for the past five years.

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PYMNTS

JUNE 22, 2020

Apple gave the green light to bug repairs to the Hey iOS app after its developer, Basecamp , complained about the unfairness of the rules governing the App Store but pledged to make changes to a new version of its app at the suggestion of an Apple executive.

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PYMNTS

APRIL 30, 2019

For the next quarter, Apple is looking for $52.5 The major point of concern among analysts, investors and Apple watchers was the continued decline in iPhone sales revenue. The iPhone is still Apple’s cash engine – responsible for 53.3 The year has seen increasing focus on Apple’s up-and-coming revenue engine.

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PYMNTS

APRIL 1, 2019

Suffering from lackluster demand in China, Apple has taken the step to slash prices by close to 6 percent in the country. Apple blamed its fourth-quarter revenue shortfall on its China business, with CEO Tim Cook saying at the time the shortfall was 100 percent due to iPhone sales, largely in China.

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PYMNTS

FEBRUARY 13, 2020

Banco Santander announced that it has hired Trish Burgess, formerly of Apple, to head up its peer-to-peer (P2P) payments department, according to a release. At Apple, Burgess provided insight and direction for the Apple Card , working with the engineering, product, marketing and operations teams from both Apple and Goldman Sachs.

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PYMNTS

MARCH 21, 2019

Mobile and web payment service doxo announced on Thursday (May 21) that it is adding Apple Pay compatibility, according to a release by the company. The bill pay market is worth $3.9 So, Apple Pay has been a highly requested feature for its convenience in simplifying and securing payments,” Shivers said.

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PYMNTS

DECEMBER 16, 2019

Visa, and more specifically Visa Direct, made two great pushes for outward expansion, while Apple is working to push both its new card and its new line of phones, possibly in reaction to its China slowdown. During Apple’s last earnings call, CEO Tim Cook hinted this development was on the way.

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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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Payments Source

MARCH 28, 2019

Once Apple looked at the state of its existing ecosystem, it identified a space it could uniquely deliver on, and activated the partners needed to make it come to fruition — a perfect example of the concept of ecosystem enablement, argues Frank Kenney, director of market strategy for Cleo.

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PYMNTS

SEPTEMBER 7, 2020

For businesses, the world market was thrown into volatility, yet soon, new opportunities emerged. For the corporate card, 2020 has been a season for dramatic shifts in how the payment tool is used and the value it adds to the enterprise. The year 2020 began inconspicuously — but in a few short weeks, everything changed. Winter Blues.

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PYMNTS

JANUARY 18, 2019

Cash as the conduit to Apple Pay inroads in the Land Down Under? News came this week that Apple Pay has support for dual-network debit cards. That fee was otherwise not in place if customers presented a physical card.

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PYMNTS

OCTOBER 29, 2019

The EU is looking even further into possible antitrust violations regarding Apple , with regulators trying to find out if online sales companies were ordered to use the tech giant’s mobile payment service instead of rival services.

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PYMNTS

DECEMBER 11, 2020

Mao, whose company provides solutions for payments, prepaid cards and gift cards, said the only way for merchants to go is forward, because going back isn’t an option. Digital Gift Cards ’ Growth. For instance, people are simply directing more spend at gift cards this holiday season. Not All ‘Gift’ Cards Are Gifts .

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PYMNTS

MAY 28, 2019

Three Apple customers have sued the tech company over what they say are privacy violations, claiming that Apple allegedly shared their listening habits with third parties, according to reports. If they win, Apple would be compelled to pay damages to the plaintiffs.

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PYMNTS

OCTOBER 25, 2018

Apple is expanding its presence in Southeast Asia, choosing Thailand as the home for its second Apple Store in Southeast Asia. A tech media outlet , citing comments Apple made on its local Thailand website, reported that the store will be part of the upcoming Iconsiam mall, which will be the largest in Bangkok.

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PYMNTS

AUGUST 19, 2019

There is lots of motion in the markets, with Apple officially moving into the world of being a card issuer (with mixed reviews), Venmo making moves on the bank account and Google Pay breaking up with Visa Checkout as a payments button. Apple’s Expensive Card. Don’t say we didn’t warn you.

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Bank Innovation

AUGUST 21, 2017

The neobank has been busy in those five months, reporting growth in card transaction volume as well as in customers; the bank has now processed €5 billion in transactions, according […].

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PYMNTS

OCTOBER 20, 2020

20th) is Apple Pay ’s sixth birthday – a day that finds the digital payment method carrying a bit of the same air of great expectations that came with its launch in 2014. But, as it turned out, even Apple didn’t have the power to change people’s payments preferences. Apple’s New Numbers Grove. Tuesday (Oct. 23 and Sept.

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