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EU Could Force Apple To Share Payments Tech With Competitors

PYMNTS

The European Union (EU) could pass new laws that would make it mandatory for Apple to share the payments technology in its iPhones, according to a report from Bloomberg. Documents obtained by Bloomberg mention NFC, which is used to handle wireless signals that let users make payments on their devices at store terminals instead of on cards.

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Why (Win Or Lose) Apple Card May Already Be Changing Payments

PYMNTS

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 Users Report Outages, Service Restored

PYMNTS

Users of Apple Music, TV+ streaming service and the App Store experienced problems accessing the services Tuesday (Sept. Apple did not immediately respond to a request for comment. At press time, all Apple’s services have been restored, 9to5 reported. At press time, all Apple’s services have been restored, 9to5 reported.

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The Three Things Every Digital-Card App Needs

PYMNTS

Long before the pandemic, consumers were trending toward digital in their financial services relationships — experimenting with mobile wallets, digital cards, self-service mobile banking and digital gifting. Firms must position themselves to take that valuable top-of-wallet card location with consumers.

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Green Dot’s Bank-as-a-Service Scores Deals with Apple, Intuit

Bank Innovation

EXCLUSIVE – Green Dot has leveraged its bank-as-a-service in deals with both Apple and Intuit. The company announced on its earnings call yesterday that it was powering the newly announced Apple Pay Cash P2P payment service, as well as offering a prepaid card to customers of Intuit’s TurboTax software.

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Santander Hires Ex-Apple Exec To Head P2P Payments

PYMNTS

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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Apple Updates Wallet App To Reflect iPhone Financing For Apple Card Users

PYMNTS

The Apple Card is planning to offer 0 percent installment financing on iPhones by the end of 2019, 9to5Mac reported on Saturday (Dec. During Apple’s October earnings call , chief executive officer Tim Cook hinted that the Apple Card was planning 24-month 0 percent financing for iPhone purchases. Apple Card?

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