BankInovation

SEPTEMBER 17, 2024

is in discussions with Apple Inc. about taking over a credit card portfolio that rival Goldman Sachs Group Inc. JPMorgan Chase & Co. has been trying to ditch.

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Apple Cards Groups US 79

PYMNTS

AUGUST 6, 2019

As Apple makes a broader push to expand its services business, the technology company has invited certain customers to apply for the Apple Card. The card is in partnership with Goldman Sachs , and Apple CEO Tim Cook said during the company’s third quarter earnings call that it would be released in August, CNBC reported.

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Apple Cards Retail System 155

PYMNTS

JUNE 1, 2020

For the third consecutive month, Apple and Goldman Sachs are allowing customers to skip their Apple Card payments without interest charges due to the financial impact of the coronavirus pandemic. “We While customers can take advantage of the payment respite, any purchases made with the Apple Card must eventually be paid.

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Apple Cards Payments Tools 130

PYMNTS

MARCH 25, 2019

And so a tech giant gets into the credit card game. And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. News came Monday (March 25) that Apple – specifically, through its payments service Apple Pay – has launched the Apple Care credit card.

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Apple Cards America Payments 163

PYMNTS

DECEMBER 8, 2019

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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Apple Cards Branding Retail 139

PYMNTS

AUGUST 7, 2019

In a wide-ranging televised interview, Visa CEO Al Kelly discussed Apple ’s new co-branded credit card, Big Tech ’s move into financial services, and Visa’s interest in the Libra Association , per reports from CNBC. He noted that they have a great brand, and they have a retail footprint.

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Apple Cards Branding Meeting 195

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.

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Apple Cards Training Branding 229

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.

Apple 140

Apple Cards Training Branding 140

PYMNTS

AUGUST 9, 2019

With its new credit card in conjunction with Apple, Goldman Sachs is reportedly approving some borrowers who are subprime for the offering. The bank is accepting applications for the Apple Card from some users who have credit scores that are not stellar, CNBC noted in a report that cited unnamed sources.

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Apple Cards User Experience Report 156

Bank Innovation

NOVEMBER 11, 2019

s credit card practices after a viral tweet from a tech entrepreneur alleged gender discrimination in the new Apple Card’s algorithms when determining credit limits. A series of posts from David Heinemeier Hansson starting Thursday railed against the Apple Card for giving him 20 times […].

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Apple Cards Regulation Groups 186

PYMNTS

JUNE 2, 2020

Apple and Walgreens are now partnering to offer new cardholders a $50 Apple Card bonus after they spend the same amount of money at Walgreens, CNBC reported. The Apple Card bonus will come in Daily Cash, which is somewhat like cash back, except it is issued at the end of each day. .”

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Apple Cards Mobile Retail 130

PYMNTS

SEPTEMBER 8, 2020

Apple Pay users may soon be able to use a feature in the Wallet app to make payments by scanning a QR code. Since its launch, Apple Pay transactions at brick-and-mortar retailers relied on NFC and an iPhone near the payment terminal to make a contactless purchase. AppleInsider reported the U.S.

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Apple Survey Study Retail 257

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

BankInovation

NOVEMBER 29, 2023

Apple and Goldman Sachs are parting ways on the Apple Card and the tech giant will be in the market for a new issuer — and whether that’s a traditional financial institution or card-issuing fintech is the question now. The companies have been in cahoots on the Apple Card since 2019, but losses in Goldman’s […]

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Apple Cards Fintech Marketing 74

Bank Innovation

AUGUST 9, 2019

In this episode, Suman Bhattacharyya, deputy editor of Bank Innovation, speaks with Alyson Clarke, principal analyst at Forrester Research, about the following developments: With the much-awaited launch of Apple Card, the tech giant has taken a page […].

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Apple Cards Video Fintech 210

Perficient

APRIL 18, 2024

Open Banking is going to do for the banking industry what the introduction of the Apple smart phone did for cell phones. What is Open Banking? In addition, the stickiness of deposits causes a considerable lag between when a bank raises deposit rates and when deposit balances increase proportionately.

Cards 221

Cards Data Regulation Apple 221

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

JANUARY 22, 2019

Apple Pay was trending across social media today on news the payment option will soon be accepted at Target, Taco Bell and other major U.S. According to Apple, 74 of the top 100 U.S. merchants now accept Apple Pay. The company touted the service’s ease of use, security and speed at the register. But […].

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Apple Trends Retail social media 170

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.

Apple 127

Apple Cards Branding Retail 127

Bank Innovation

NOVEMBER 1, 2019

leaders have been coy about backing up their recent assertion that the Apple Inc. card is the industry’s most successful credit card launch ever. After a full roll-out of the card last quarter, credit lines […]. Goldman Sachs Group Inc.

Apple 170

Apple Cards Groups Retail 170

PYMNTS

JANUARY 22, 2019

Apple announced Tuesday (Jan. 22) that Target, Taco Bell, Hy-Vee supermarkets in the Midwest, Speedway convenience stores and Jack in the Box all now support Apple Pay , its digital payment service. and 65 percent of retail locations around the U.S. support Apple Pay. and 65 percent of retail locations around the U.S.

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Apple Retail California Course 145

Bank Innovation

JULY 30, 2019

While the jury is still out whether the Apple Card will be the disruptive force that Apple has claimed it will be, fintech firms and banks alike appear eager to beat the tech giant to the punch.

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Apple Cards Fintech Customer Experience 170

PYMNTS

NOVEMBER 21, 2019

He said the Apple Card is working, demonstrated by the fact that it provides instant decisions. We’re committed to working with Apple to improve that transparency so that it’s a unique and differentiated product.”. Previously, only individuals were allowed to apply for the card, regardless of their marital status.

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Apple Cards Regulation Report 150

PYMNTS

NOVEMBER 10, 2020

Apple , in what a company press release calls a "momentous" day on Tuesday (Nov. 10), has rolled out the "next generation" of Macs, including a new MacBook Air, a 13-inch MacBook Pro and a Mac Mini powered by the M1 chip specifically designed by Apple for the Mac. billion in sales, up from $12.5 billion year over year, PYMNTS reports.

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Apple Software Cards Company 235

Bank Innovation

FEBRUARY 21, 2019

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

Apple 150

Apple Cards Branding Groups 150

Payments Source

JUNE 19, 2019

is ramping up a test of a digital-first credit card with Goldman Sachs Group Inc. retail employees. by expanding its use to tens of thousands of the iPhone maker’s U.S.

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Apple Retail Cards Groups 81

PYMNTS

NOVEMBER 21, 2019

He said the Apple Card is working, demonstrated by the fact that it provides instant decisions. We’re committed to working with Apple to improve that transparency so that it’s a unique and differentiated product.”. Previously, only individuals were allowed to apply for the card, regardless of their marital status.

Apple 130

Apple Cards Regulation Report 130

PYMNTS

MAY 8, 2020

With most of Apple ’s retail stores remaining closed due to the coronavirus pandemic, the tech giant is introducing a new hub to streamline the shop-from-home experience. Further, Apple is offering multiple ways to pay, including installment options. billion and a profit of $11.25 billion and a profit of $11.25

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UX Apple User Experience Video 160

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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Samsung Management Cards Regional 230

PYMNTS

MAY 8, 2020

In today’s top news, Samsung Pay is launching a debit card and a money management tool, and Apple has introduced a new ecommerce portal. Samsung Pay Launches Debit Card, Money Management. Samsung Pay is launching a physical debit card, and this summer the company will introduce a money management tool in partnership with SoFi.

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Samsung Apple Cards UX 153

PYMNTS

JULY 14, 2020

In a video conference call with its workforce last weekend, Deirdre O’Brien, Apple’s senior vice president of retail and people, encouraged employees to serve customers from home, Bloomberg News reported. . “If Apple has been forced to rethink its retail operations as COVID-19 cases continue to increase across the U.S.

Apple 145

Apple Video Retail California 145

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 — 47.2

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Apple Study Innovation Survey 227

Payments Dive

MAY 6, 2016

Kohl's customers can now tap Apple Pay to use their store charge cards and not miss out on earning loyalty rewards in the process.

Apple 150

Apple Cards Retail 150

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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Apple Trends Industry United States 176

PYMNTS

MAY 21, 2019

Banking service Monese now offers Apple Pay through 13 countries in Europe , as the digital payment service has also arrived at National Australia Bank (NAB). retailer Iceland has seen encouraging results from a mobile wallet technology pilot during a marketing campaign. Users who reside in Belgium, the U.K., And in the U.K.,

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Apple Retail Mobile National 108

PYMNTS

APRIL 22, 2019

Only a few years after a full rollout of Apple Pay, JCPenney has reportedly dropped the Apple Pay digital payment service in its app and brick-and-mortar stores. The retailer’s support account on Twitter noted the change during the weekend, 9 to 5 Mac reported. support Apple Pay and 74 of the leading 100 merchants in the U.S.

Apple 139

Apple social media Retail Report 139

PYMNTS

MARCH 25, 2019

The Apple event, heavy on subscription commerce offerings, took place at time when the company is trying to find more revenue from services given recent stumbles with iPhone sales — a move that seems to be pleasing at least some investors lately. Magazine Subscriptions. One selling point of this service?

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Apple Retail California social media 100