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Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal

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In today’s top news, Apple will end its practice of taking a commission from streaming platforms operating on its devices, and Softbank pulled out of its $3 billion deal to purchase WeWork. Plus, the Boston Federal Reserve Chief said the U.S. Apple Eases Streaming App Commissions. jobless rate is poised to shoot up.

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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

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Those conversations have largely ignored the Biggest Tech company of all, Apple, and Apple Pay. Apple Pay’s Digital-First Disconnect. Apple Pay’s position on denying access to its NFC chip might also not been a great idea for Apple, unless it has something else up its sleeve. consumers showed that of the 7.75

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Flywire Taps Former Apple Pay Exec As President, COO

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It’s a concept Rob Orgel, now the new president and chief operating officer at Flywire , told Karen Webster was foundational to his decade-long career at Apple — where he was part of the leadership team that developed, rolled out and grew the Apple Pay business. Flywire announced his appointment Tuesday (Nov.

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Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

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The Apple Card’s Big Launch. Early accounts seem to indicate that the just-launched Apple -branded credit card is finding its way into customers’ hands, and into heavy use. According to issuer Goldman Sachs , they have opened up about $10 billion in credit lines in just over month for the Apple Card.

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Today In Payments: $50B In Crypto Moved Out Of China; Uber Health To Deliver Meds

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Plus, Amazon has put some hiring on hold for its Alexa operation. Amazon has put some hiring on hold in its Alexa operation amid the pandemic. Publishers’ Letter Spotlights ‘Apple Tax’ – and Digital News Delivery. Report: $50B in Cryptocurrency Moved Out of China. Report: Amazon Slows Alexa Staff Hiring to Improve Margin.

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Facebook And Google Payments Efforts Top Week’s News

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Goldman Denies Discriminatory Apple Card Practices, Says It Will Reassess Limits. Goldman Sachs has promised to reevaluate how credit limits are determined for Apple Card users after being accused of gender discrimination. Amazon To Build $40M Robotics Innovation Hub Near Boston. Google Dives Into DDAs. Deutsche Bank told U.K.

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Nectar Sleep Beds Down With Mattress Warehouse; Starbucks Expands Delivery With Uber Eats

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22) before reportedly extending the service into Boston and New York, among other cities. In other news, Apple announced that five major retailers now have Apple Pay: The tech company said that Taco Bell, Target, Speedway convenience stores, Jack in the Box and Hy-Vee supermarkets in the Midwest support the digital payment service.

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