Apple Debuts Apple Card, A Virtual (And Physical) Credit Card

PYMNTS

And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. News came Monday (March 25) that Apple – specifically, through its payments service Apple Pay – has launched the Apple Card.

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Apple Unveils iPhone-paired Apple Card

Bank Innovation

Apple today unveiled its plans to launch a virtual credit card product with Goldman Sachs and Mastercard this summer called Apple Card, which will reside within the Wallet app on Apple devices.

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Apple Buys Payments API Developer Stamplay

PYMNTS

Apple has reportedly acquired API integration developer Stamplay for 5 million euros ($5.678 million). As part of the acquisition, Apple agreed to keep Stamplay’s founders on at the company, although they will now be Apple employees.

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Apple Debuts Apple Card, A Virtual (And Physical) Credit Card

PYMNTS

And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. News came Monday (March 25) that Apple – specifically, through its payments service Apple Pay – has launched the Apple Care credit card.

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Apple Music Subscriptions Surpass Spotify In US

PYMNTS

Apple Music has overtaken Spotify in the number of paid subscribers it has in the United States, according to reports. Apple Music had 28 million paid subscribers to Spotify’s 26 million, as of February. Apple Music also has a growth rate of around 2.6

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Analysts Have Mixed Views On Apple Card, Subscription Services

PYMNTS

That Apple events are tightly produced headline magnets is nothing new. At an Apple device event, seeing all four hanging around the Steve Jobs auditorium is perhaps not quite par for the course — but it’s far from extraordinary, or even really all that surprising.

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Netflix Nixes Support for Apple AirPlay

PYMNTS

Netflix has removed Airplay support so its users are unable to sling its shows between different Apple devices. With AirPlay support rolling out to third-party devices, there isn’t a way for us to distinguish between devices (what is an Apple TV vs. what isn’t) or certify these experiences.

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Can Apple Watch Carry Apple Into The Healthcare Future?

PYMNTS

Healthcare is becoming more important to major players in digital commerce and payments, with companies such as Amazon , Apple and Google trying to build their own ecosystems to capture more of the spending in that massive and global industry.

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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 broad outline is one where the digital version of the card can be used wherever Apple Pay is accepted. Apple Card is slated to debut this summer. For Mastercard, said the executive, the first considerations focused on how its cardholders apply for the Apple Card, and how the card gets delivered. Spurring Apple Pay Adoption?

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Morgan Stanley: Apple Healthcare Could Bring In $313B By 2027

PYMNTS

Morgan Stanley analysts predict healthcare to emerge as a key market for Apple , reports in CNBC said Monday (April 8). Apple posted $266 billion in total revenues for 2018, reports noted. “At

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Samsung Teams With Apple

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Samsung has announced that it will offer iTunes Movies and TV Shows and Apple AirPlay 2 support on all 2019 Samsung Smart TV models beginning this spring, while support on 2018 Samsung Smart TVs will launch through a firmware update.

Apple Pay’s Broadway Debut

PYMNTS

Now, TodayTix, whose app is available on the Apple App Store and Google Play store, sells one ticket every 15 seconds and has topped $250 million in tickets sold to over 4.6 Of those transactions, about two in 10 – or 19 percent – of users tapped into Apple Pay.

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Why Me-Too Services Can’t Save Apple

PYMNTS

Three years ago, I wrote a piece in which I said Apple had become the kind of company that Steve Jobs once said he never wanted it to be: one that follows the lead of others. Jobs felt so strongly that he said he’d rather gamble Apple’s future instead of trying to one-up everyone else after the fact. Today, Apple seems to be gambling its future by doing just that: being like someone else, often years after others have led the way. For Apple, that’s a threat.

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The Apple iPhone Sales Rope-A-Dope

PYMNTS

Apple’s taken a beating since announcing its Q4 earnings last week. Analysts and the media smelled blood in the water after CEO Tim Cook said Apple would stop reporting unit sales of its products, including its crown jewel, the iPhone, next quarter. The Apple Tax Man Cometh.

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Buffett Lukewarm On New Apple Services

PYMNTS

Apple ’s move into streaming TV services has a notable skeptic: Berkshire Hathaway Chairman Warren Buffett. “I’d Apple should do some things that don’t work,” he said, noting that Berkshire owns 5.5 percent of Apple.

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Apple, Goldman Pair On Credit Card For iPhone

PYMNTS

Apple and Goldman Sachs, through joint efforts, will issue a credit card that links with the iPhone, the Wall Street Journal reported on Thursday (Feb. As the report noted, Apple sought to move beyond hardware and gain more recurring revenues and fees stemming from services.

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Without Apple Card, P2P Credit Card Payments Won’t Be Possible

PYMNTS

Apple is reportedly blocking its person-to-person credit card payment service unless a user gets a new Apple Card. According to a report in Cult of Mac , as of Tuesday (March 25), you can no longer send a payment to another person using your credit card via Apple Pay Cash unless its the company’s credit card. According to Cult of Mac, Green Dot Bank , the service Apple uses for its Apple Pay Cash platform, issued new guidelines regarding Apple Pay Cash.

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Apple Expected To Invest $500M+ In Video Games

PYMNTS

Apple , aiming to move beyond the iPhone to drive sales, is reportedly spending millions of dollars to acquire new video games to be part of the subscription gaming service it will roll out later this year. Apple has stiff rivals in the gaming market.

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Amazon Takes On Apple With Wireless Alexa Earbuds

PYMNTS

In a move to take on Apple’s wireless earbud dominance, Amazon is planning to make its own version with Alexa capability, according to a report by Bloomberg. Apple AirPods are priced between $159 and $199. Like Apple’s offerings, the buds will come with a charging case.

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Apple’s Settlement With Qualcomm May Have Cost As Much As $6 Billion

PYMNTS

The legal battle between Apple and Qualcomm is over, and UBS is estimating the iPhone maker paid Qualcomm in the neighborhood of between $5 billion and $6 billion to end the dispute, according to a report by CNBC. Apple was previously paying Qualcomm.

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Apple Music Now Available On Amazon Fire TV

PYMNTS

In a change of pace from recent years, Apple continues to push its services with the launch of Apple Music on Amazon Fire TV, according to a report from CNBC. Late last year, the company also launched Apple Music on Amazon Echo speakers.

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Apple Pay Gets Support From Target, Taco Bell, Other Retailers

PYMNTS

Apple announced Tuesday (Jan. 22) that Target, Taco Bell, Hy-Vee supermarkets in the Midwest, Speedway convenience stores and Jack in the Box all now support Apple Pay , its digital payment service. support Apple Pay.

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Apple’s Earnings Pivot: It’s The Ecosystem, Not The Phone

PYMNTS

29) with Apple CEO Tim Cook, that would be it. Apple entered this earnings season under a level of scrutiny and pressure to which the top-tier tech firm is wholly unaccustomed. Services is the catch-all category that covers the App Store, Apple Pay, Apple Music and the Apple Cloud.

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Apple Updates Rules For In-App Subscriptions

PYMNTS

Apple has changed the guidance for in-app subscriptions, upgrading the design and making it easier to find the guidance and clear and detailed rules. In addition to removing friction, the documentation is aimed at increasing the knowledge developers can access from Apple.

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Apple Lets College Students Store IDs On Apple Devices

PYMNTS

Apple has inked a deal with three universities in the U.S., enabling students to store their student IDs on their Apple devices. According to a report in CNBC , students at Duke University, University of Alabama and University of Oklahoma can store their student IDs on their iPhone or Apple Wallet. Apple initially announced the service in June at its annual developer conference. Apple released three phones, which watchers had been anticipating.

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Can Apple Watch Carry Apple Into The Healthcare Future?

PYMNTS

Healthcare is becoming more important to major players in digital commerce and payments, with companies such as Amazon , Apple and Google trying to build their own ecosystems to capture more of the spending in that massive and global industry.

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Apple Overhauls Leadership Ranks To Move Beyond iPhone

PYMNTS

In an attempt to lower its reliance on the iPhone, Apple is overhauling its leadership ranks and changing its priorities so that it is focused more on services, artificial intelligence, hardware and retail, reported The Wall Street Journal.

AI Expert Arrives At Apple’s Special Projects Group

PYMNTS

Amid Apple ’s efforts to bolster its hardware and software with artificial intelligence (AI), an expert in the field has joined the tech company. Ian Goodfellow is now a director of machine learning in Apple’s Special Projects Group, CNBC reported.

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Apple Ups its Bets on Streamed Content and Subscription Retail

PYMNTS

The Apple event, heavy on subscription commerce offerings, took place at time when the company is trying to find more revenue from services given recent stumbles with iPhone sales — a move that seems to be pleasing at least some investors lately.

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Apple Reinvents (Improves?) the Credit Card

Credit Union Geek

Today, Apple held their seasonal keynote event, to highlight new services in a range of categories. You may get a kick out of their Apple TV+ lineup. Maybe you’re stoked about reading all your magazines on your iPhone with Apple News+. The post Apple Reinvents (Improves?)

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Apple Pay Appears To Be Coming Soon To Germany

PYMNTS

Apple Pay is set to launch soon in Germany. According to 9to5Mac , the Apple Pay page on Apple’s German website has a “Kommt bald” (“Coming soon”) badge, while the website for HypoVereinsbank includes “In Kürze bei uns: Apple Pay,” which is essentially the same thing.

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Mastercard’s Tokenization, and Consumer Choice, Made Digital-First Apple Card Possible

Bank Innovation

Mastercard’s tokenization technology made the digital-first Apple Card possible, but purely from a technological standpoint, Jorn Lambert, EVP, Digital Solutions at Mastercard, told Bank Innovation. Apple last month unveiled its plans to launch […]. IoT & Wearables Payments Premium Sales & Marketing Security & Risk Apple Apple Card Apple Pay C2B payments digital payments EMV chip Goldman Sachs Mastercard tokenization

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Apple Buys Voice App To Boost Siri

PYMNTS

PullString , a San Francisco maker of technology that enables people to design and publish voice-activated apps, was acquired by Apple. With Amazon leading in the voice-activated speaker market thanks to Alexa and her slew of skills, Apple is trying to fight back.

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Bill Pay Service Doxo Adds Apple Pay Compatibility

PYMNTS

Mobile and web payment service doxo announced on Thursday (May 21) that it is adding Apple Pay compatibility, according to a release by the company. So, Apple Pay has been a highly requested feature for its convenience in simplifying and securing payments,” Shivers said.

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Dutch Antitrust Agency To Investigate Apple Over App Favoritism

PYMNTS

Apple is being investigated by the Netherlands’ Authority for Consumers & Markets (ACM) over accusations that it gives precedence to its own apps over competitors, according to a report by Bloomberg.

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Apple Music Likely Coming To Google Home Speakers

PYMNTS

In a move that shows Apple’s softening stance on its software services, Apple Music could be coming to Google Home speakers , according to a report by CNBC. A link to an Apple Music account was spotted this week in the Google Home app, but the sign-in doesn’t work yet.

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Apple MacOS Password Vulnerability Found By German Teen

PYMNTS

A German teen has found a vulnerability bug in macOS that exposes all passwords stored on the system, but he has decided not to give Apple any information about it, according to reports. Henze doesn’t want to tell Apple about the bug because of “lack of payment for such research.”

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Apple Teases New Wearable, Glass Phone In Patents

PYMNTS

If recent patent applications are any indication, Apple could very well have some groundbreaking new products to debut. Apple also patented something that’s never been seen before: an all-glass phone.

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Apple Cuts Prices Of iPhones In China

PYMNTS

Suffering from lackluster demand in China, Apple has taken the step to slash prices by close to 6 percent in the country. Apple blamed its fourth-quarter revenue shortfall on its China business, with CEO Tim Cook saying at the time the shortfall was 100 percent due to iPhone sales, largely in China. As of the fourth quarter, China accounted for around 15 percent of Apple’s sales. All of that has hurt Apple the most, with its stature declining in the country.

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Apple Debuts Dedicated Store For Military And Vets

PYMNTS

Apple announced on Monday (Dec. The store will offer eligible military customers a 10 percent discount on Apple products, including in-demand items like iPhones, accessories and even the Apple Watch. Apple, in a statement, praised the military. “At

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Apple To Enable App Development Across Devices

PYMNTS

Apple is aiming to make it easier for software developers to make apps for its devices under a multistep program, which has been code-named Marzipan. The hope is that this effort will drive the creation of new software, bringing new use cases to Apple devices.

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Apple’s Retail Head Ahrendts Steps Down

PYMNTS

Apple announced that its retail chief, Angela Ahrendts, is stepping down, while Deirdre O’Brien is taking on an expanded role as senior vice president of Retail + People. Ahrendts is one of Apple’s most highly paid executives, having received $26.5

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Ex-Microsoft Exec To Lead Apple Smart Home Unit

PYMNTS

Sam Jadallah, the former CEO of defunct smart lock company Otto, has been hired to head up home initiatives — including HomePod and HomeKit — at Apple. After CNBC broke the news of his hire, Jadallah updated his LinkedIn profile to include his new position at Apple.

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