Apple Pay Financial News

01.11 / 20:53

business Technology Apple Apple Pay crypto rules Apple's absurd new crypto rules expose how out-of-touch it's become

Giant companies like Apple have made a fortune by centralizing their powers and profits and expanding their product and services network to be a part of people’s lives in as many ways as they can. Until recently, however, Apple had also demonstrated an ability to tunnel-focus its efforts to stay relevant and up to date with what consumers wanted, what mattered to them and what they needed most from the tech giants they rely on. It seems that this is not strictly true anymore, and that is a real shame.

07.11 / 20:31

Payments regulation wallet PayPal Bitcoin Payments Apple Pay Bitcoin Wallet US CFPB proposes supervising digital app providers, including crypto wallets

The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend its supervision to consumer reporting, consumer debt collection, student loan servicing, international money transfers and automobile financing.

20.09 / 21:59

business Technology Twitter Apple Apple Pay FinTech Apple, Goldman Sachs drop plans for trading app: Report

Apple and Goldman Sachs scrapped plans to launch an app for futures trading, CNBC reported on Sept. 19, citing people familiar with the plans.

07.09 / 20:15

Payments regulation Google Apple Apple Pay Mobile Payments CFPB CFPB examines Big Tech’s role in mobile payment systems ahead of rulemaking

Big businesses are able to act as “mini-governments” and impose their own rules on payment infrastructure, Rohit Chopra, director of the United States Consumer Financial Protection Bureau (CFPB), said at a fintech conference hosted by the Philadelphia Federal Reserve Bank on Sept. 7. As Big Tech continues to innovate, small firms may be squeezed out of the space, he added.

14.03 / 18:23

Adoption NFT Apple applications Apple Pay iOS Absorb for adoption — How infamous 30% Apple cut affects iOS NFT apps

Apple’s continued enforcement of in-app purchases to sell services remains a trade-off for NFT applications looking to tap into the convenience of streamlined in-app purchases for iPhone users and a massive user base around the world.

16.11 / 05:49

Stablecoin Tether Apple Apple Pay Usd Coin Support Crypto stablecoin issuer Circle adds Apple Pay support

Circle, the issuer of the United States dollar-pegged stablecoin USD Coin (USDC), has added support for Apple Pay — with the intention of bringing the crypto and traditional payment systems closer together.

25.02 / 17:33

Google Apple Apple Pay Bitcoin Support Apple Pay to halt support for Russian banks sanctioned on war in Ukraine

Several Russian banks that were sanctioned over Russia’s “special military operation” in Ukraine will no longer support major payment services like Apple Pay and Google Pay.

12.11 / 17:31

business PayPal Apple Pay Bitcoin AMC Theatres debuts online Bitcoin payments after months of teasing

American cinema giant AMC Theatres is finally adopting cryptocurrencies like Bitcoin (BTC) for online payments following months of teasing the new payment option.

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