Apple and Goldman Sachs may soon issue a credit card together
The Wall Street Journal reported that the iPhone maker and the Wall Street stalwart are mulling over the idea of issuing a joint credit card to Apple users.
The Wall Street Journal reported that the iPhone maker and the Wall Street stalwart are mulling over the idea of issuing a joint credit card to Apple users.
The UK has officially become the second country to support Android’s smartphone contactless payment system Android Pay, almost a year after the UK launch of Apple Pay.
Banking giant Barclays has announced the launch of its own mobile contactless on Android, and confirmed to Telecoms.com it will not be joining Android Pay.
Apple is exploring alternative payment options in the wake of the increasing insecurity of online banking and credit card systems.
A new study has revealed how online commerce will grow as a result of consumers taking to mobile platforms for digital shopping.
Mobile phones will take an increasingly leading role in the payments space over the next five years as a result of technologies that allow safe storage of payment details in smartphones and other security improvements, reports Banking Technology.
Apple has laid claim to record revenue growth at the unveiling of its quarterly results, with CEO Tim Cook pointing at continued iPhone sales, the release of Apple Watch and a growing influence in China as the main reasons for its success.
Apple Pay launched in the UK without the participation of most of the major banks, including HSBC, which was listed as a launch partner, but this morning faced customers taking to social media to complain that they can’t use the app.
Gadget giant Apple starts its worldwide developer conference (WWDC) today and the big product announcement is expected to be the launch of a music streaming service to rival Spotify.
Google has finally unveiled its response to Apple Pay, cheekily named Android Pay, as well as a stripped-down version of Android designed to run on IoT devices at its Google I/O developer conference.
Apple added a bit more substance to its Apple Watch announcement, ahead of its impending launch, at an event in California. However the unique qualities expected by many to significantly differentiate this Apple wearable from the many others already announced were conspicuously absent.
Google has stoked the fire burning underneath the mobile payments industry by announcing its acquisition of “some exciting technology and intellectual property from Softcard to make Google Wallet better.” The payment software will come pre-installed as standard on Android phones running KitKat or higher with three of the big four carriers across the USA, AT&T, T-Mobile and Verizon.
Smartphone giant Samsung is exploring the possibility of launching its own contactless mobile payment system, which may involve payment startup LoopPay, according to sources speaking to re/code. The rumour comes as Apple continues to brief the press that Apple Pay is going really well.
Smartphone giant Apple has announced the addition of UnionPay, the dominant Chinese debit and credit card payment organisation, as a payment option for Chinese App Store users, in what is likely to be a strategically significant move for Apple’s fortunes in the world’s largest smartphone market.
Apple’s CEO Tim Cook has revealed one million credit cards were activated on Apple Pay in its first three days. So far, the US’ six biggest credit card issuers have signed up, with a reported 500 financial service providers joining early next year. Visa, MasterCard and American Express are among those already enabling the app.
A multi-operator capable SIM card included in Apple’s latest iPad range will give consumers the flexibility to switch between short-term plans with operators in the UK and USA. So far, AT&T, Sprint, T-Mobile and UK operator EE have confirmed participation with the initiative.
CaixaBank, one of Spain’s largest banks, has moved into the wearable payment technology space with the launch of an NFC-enabled wristband capable of making contactless payments. Security vendor Gemalto has supplied its Optelio Contactless MiniTag, which links the wristband to the user’s existing payment card.
eBay and wholly-owned subsidiary PayPal will officially split into two independent publicly traded companies in 2015, the company has confirmed. After a review of the company’s growth strategies and structure, the board of directors concluded the split will enable both companies to better position themselves to respond to competitive change.
Apple may have lined up the chief executives of Bank of America and JP Morgan Chase to laud the launch of Apple Pay, but reaction from the wider industry was more muted.
As you would expect, the analyst community has been quick to pass comment on yesterday’s Apple mega-launch. Here are just a few of their views.
Indian government backpedals over operator fees https://t.co/qAyvNyW7No #Operator #Regulation
23 January 2020 @ 17:33:04 UTC
UK officials reportedly set to recommend a limited role for Huawei in UK 5G https://t.co/FqUwkCaycE #5G #Security
23 January 2020 @ 12:53:03 UTC
Smartphone democracy precedent to be set in Seattle https://t.co/LH5QvaKBPd #ContentApplications #HandsetsDevices
23 January 2020 @ 11:22:32 UTC
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