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

PYMNTS

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

Abrigo

When the Apple Watch hits retail shelves within the next few weeks, chief technology officers and developers at financial institutions will be working to make sure that their mobile app translates to the latest wearable tech. It’s a big job to keep up with the Apples of the world.

Apple 150
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Amazon Sets Sights On Southeast Asia

PYMNTS

The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. Southeast Asia certainly has the population Amazon seeks in its international investments: The region is home to over 600 million consumers.

Regional 148
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EU Digital Services Act Discussion Could Be Start Of Seismic Policy Change

PYMNTS

The meeting would include marquee names such as Facebook, Apple, Alphabet and several others. The European Commission noted on its site that the legal framework for digital services has been unchanged in the region for about 20 years. 24 to Dec 2. As noted by Yahoo! It would also change some of the market’s competitive dynamics.

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Helping Small FIs Make Banking Services As Seamless As Taking An Uber

PYMNTS

The competitive landscape, she told PYMNTS, shifted “the moment that the banks and Apple ended up on a stage together [for Apple Pay].” As Davis noted, larger banks, including regional players, tend to have their own technology platforms — and direct integrations into their own networks — to enable mobile and contactless payments.

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Live Chat: The Three Things FIs Must Do To Deflect Big Tech

PYMNTS

He said that while small banks, credit unions (CUs) and regional players deeply fear being swept aside by the great digitalization wave that the pandemic has set off, their concerns aren’t actually unique to the financial industry’s smaller end. Instead, FIs must go digital in the ways consumers are seeking.

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Amazon Positions Itself For Online Grocery Dominance With Dash Wand

PYMNTS

The company has added Alexa to its Dash Wand product, making it smarter and more capable than ever – and strategically positioning itself to own the emerging online grocery market. “If As consumers continue to get more comfortable ordering food online, Amazon is positioning itself at the bleeding edge of that market shift.”.

Online 131