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Apple Debuts Dedicated Store For Military And Vets

PYMNTS

Apple announced on Monday (Dec. 3) that it will open a new online store dedicated to veterans and active military personnel, according to a report. 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.

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Embedded Insurance Meets Customers Where They Are

Perficient

Apple makes significant profits selling insurance on their phones. Not sure if this means he gets paid back if he doesn’t like the concert, but I’m sure that this online feature was not offered when I used to wait in line to buy concert tickets. Furniture sellers often offer protection for a premium on the products they sell.

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IBM Adds Apple Pay Web Payments

PYMNTS

Apple Pay will soon be coming to IBM ‘s website to serve its commercial clients with the ability to use Apple Pay to pay on the iPhone, iPad or Mac with just one touch. IBM announced this week that it will offer Apple pay to clients that use IBM’s WebSphere Commerce or IBM Commerce on Cloud.

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Apple Pay Expanding On Wayfair In A Big Way

PYMNTS

Wayfair got out of the gate early coming out of Apple’s product event yesterday with the announcement that the online home furnishings shop will be supporting Apple Pay going forward. Since the Apple Pay wallet holds all consumer payment data, customers will no longer have to enter payment data into their browsers.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout. Fintech enthusiasts should also keep a close watch on Apple’s newly unveiled BNPL system, Apple Pay Later.

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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? customers had $736 million in loan balances at the end of September, though it’s not clear how that compares with other credit cards, as Bloomberg said banks do not break out performance by individual cards.

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How will the Apple Watch and other tech evolutions impact banking?

Abrigo

While many bank and credit unions are consistently updating their financial technology behind the scenes to ensure smooth back-end processes, tech upgrades for consumer-facing products and services are increasingly important to customer satisfaction and retention. It’s a big job to keep up with the Apples of the world.

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