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How Apple Card Brings ‘Existential Crisis’ To Smaller FIs

PYMNTS

With the recent launch of the Apple Card , Apple has sent a signal that they seek to offer a better user experience than banks. In fact, their slogan for the card is “Created by Apple, Not a Bank?.” And the card is no longer just a payment instrument; it’s more than the card itself.”.

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Weekly Wrap: Apple channels fintechs with card launch

Bank Innovation

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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Looking to beat Apple to the punch, digital competitors roll out cashback cards

Bank Innovation

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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Santander Hires Ex-Apple Exec To Head P2P Payments

PYMNTS

Banco Santander announced that it has hired Trish Burgess, formerly of Apple, to head up its peer-to-peer (P2P) payments department, according to a release. Burgess will lead strategy and development of the department, and will bring “new payment services to customers that are fast, simple and safe to use,” per the company.

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Mastercard On Enabling Apple’s ‘Digital First’ Credit Card

PYMNTS

The world knows by now that Apple has debuted its credit card — the Apple Card — in conjunction with Goldman Sachs and Mastercard. The card is available in both virtual and tangible, plastic forms. The broad outline is one where the digital version of the card can be used wherever Apple Pay is accepted.

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Santander Hires Former Apple Exec To Lead P2P Payments

PYMNTS

Banco Santander announced that it has hired Trish Burgess, formerly of Apple, to head up its peer-to-peer (P2P) payments department, according to a release. Burgess will lead strategy and development of the department, and will bring “new payment services to customers that are fast, simple and safe to use,” per the company.

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Apple Card Growth, Flywire Hire and B2B Changes Top Week’s News

PYMNTS

Goldman Extends $10B In Apple Card Credit In First Month. According to regulatory filings made public this week, Apple Card? Flywire Taps Former Apple Pay Exec As President, COO. Flywire Taps Former Apple Pay Exec As President, COO. Visa On Challenging B2B Payments Status Quo.

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