Earlier this month, before Apple Pay came out, Bank Innovation wrote that Apple and PayPal had been involved in talks for … something. We’ve finally tracked down the full story. Sources close to Apple and PayPal and in the financial services industry have confirmed that PayPal and Apple were indeedRead More
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It is no coincidence that three weeks to the day after Apple Pay‘s introduction eBay Inc “chose” to spin off PayPal. In announcing today that it will IPO PayPal in late 2015, eBay effectively acknowledged that PayPal will find it far more difficult to score the double-digit rate of growth theRead More
Long lines were forming outside AT&T shops long before dawn this morning — and least in Manhattan — in what can only be described as a consumer frenzy. But all the hype surrounding the iPhone 6/6 Plus launch today was leveraged to a whole other level today by MasterCard, anRead More
With iOS 8’s release yesterday, many iOS users have been wondering when the new Apple Pay feature will be available on their devices. The “in the wild” tests indicate that it will be sooner rather than later that Apple Pay will be made available widely.
MasterCard launched a pilot beta program to test out voice and facial biometrics.
Stripe, a payments company for developers, “is widely regarded as a potential initial public offering candidate or acquisition target down the road.”
What’s behind Apple’s internal deliberations about buying Discover? (Hint: China UnionPay.)
For Apple, privacy means not even securing data, but abstinence from it. What about the rest of the fintech world?
Never in the history of payments has there been such a media-frenzied, corporate disrupting and consumer-captivating moment as last week’s unveiling of Apple Pay.
Apple has been filling out its payments team for the past few months, poaching a number of executives from PayPal, American Express, and others — but not just to prep for Apple Pay’s launch this week.
In an interview with Bank Innovation, MasterCard shared the technical security details for Apple Pay, which will launch next month.