Apple to fund pay-later loans off its own balance sheet
Apple announced the BNPL service this week, offering to split purchases up into four equal payments over six weeks, and will have zero...
News by FinTech Collective
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Apple charged by Brussels with abusing its market power in mobile payments
Antitrust investigators are concerned that Apple is preventing competitors from accessing “tap and go” chips or near-field communication...
Apple working to bring more financial services in-house
A multiyear plan would bring a wide range of financial tasks in-house, which includes payment processing, risk assessment for lending,...
Apple announces a way to buy stuff by tapping iPhones together
The new Tap to Pay feature effectively turns iPhones into point-of-sale terminals without additional hardware. Apple said that Stripe...
Apple to rival Square by turning iPhones into payment terminals
Devices currently require external terminals such as Square’s. Apple paid $100 million for Mobeewave in 2020 to build feature.
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The company has been working on the new feature since around 2020, when it paid about $100 million for a Canadian startup called...…
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