-
As Affirm Pulls Back Following Apple 'Pay Later' Announcement, Here's Why The Stock Remains Healthy
Tuesday, June 7, 2022 - 1:49pm | 766Affirm Holdings Inc (NASDAQ: AFRM) gapped down almost 4% to start the trading day on Tuesday after falling more than 7% on Monday but by press time, bulls had come in to buy the morning dip. On Monday, Apple Inc (NASDAQ: AAPL) revealed a competing product to Affirm’s “buy now...
-
Jack Dorsey's Block Mitigates Risk From iPhone's Tap-To-Pay By Joining Forces With Apple
Thursday, June 2, 2022 - 11:38pm | 467Block Inc (NASDAQ: SQ) will soon enable Apple Inc's (NASDAQ: AAPL) contactless payment acceptance feature, 'tap-to-pay' on the iPhone, within Square's point-of-sale app. What Happened: Block said the new offering would allow sellers to “...
-
AMC CEO: Over 35% Of Online Payments Are Crypto And Digital
Tuesday, May 10, 2022 - 6:00am | 535AMC Entertainment Holdings (NYSE: AMC) CEO Adam Aron revealed that over a third of the theatre chain’s online payments are comprised of cryptocurrency and digital avenues. What Happened: In a quarterly earnings call on Monday, Aron said that venturing into cryptocurrency acceptance...
-
Why Apple's Next Antitrust Battle Is Likely to Be Over Payments
Sunday, May 8, 2022 - 2:23pm | 621Apple, Inc. (NASDAQ: AAPL) gave in to pressure from regulators and App Store developers and made some concessions, but the next battleground will be on payments, according to Bloomberg columnist Mark Gurman Financial Services Key For Services Hitting Target: Apple's policy of mandating that...
-
Apple Developing In-House Tech Infrastructure Around Financial Services: Here's What You Need To Know
Thursday, March 31, 2022 - 3:43am | 425Fresh after acquiring United Kingdom-based Credit Kudos, it was revealed that Apple Inc (NASDAQ: AAPL) is developing technology infrastructures around financial services. What To Know: The consumer brand is looking to bring fintech in-house and potentially...
-
Apple Pauses Sales Of iPhone And Other Products In Russia Amid Country's Invasion Of Ukraine
Wednesday, March 2, 2022 - 4:04am | 474Apple Inc. (NASDAQ: AAPL) said it had paused all product sales in Russia, citing "deep concerns" over Moscow's invasion of Ukraine. What Happened: “We have paused all product sales in Russia. Last week, we stopped all exports into our sales channel in the country...
-
USPS Begins Accepting Apple Pay For Online Payments
Sunday, December 19, 2021 - 11:44pm | 362The U.S. Postal Service has begun to accept Apple Inc’s (NASDAQ: AAPL) Apple Pay on its website for certain services. What Happened: The same is not yet possible over-the-counter. In the frequently-asked-questions section of its website, USPS lists Apple Pay as an accepted form of...
-
Exploit In Apple Pay, Visa's 'Express Transit' Feature Can Allow Fraudsters To Steal Money From Locked iPhones, Say Researchers
Thursday, September 30, 2021 - 5:53am | 693Researchers say that large unauthorized payments can be made on Apple Inc’s (NASDAQ: AAPL) locked iPhones by exploiting Apple Pay’s “Express Transit” — set up to pay using Visa Inc (NYSE: V) cards. What Happened: Researchers showcased the exploit in a video where they...
-
You Can Now Buy Bitcoin, Ethereum, Dogecoin, Other Cryptos With Apple Pay, Google Pay On Kraken
Wednesday, September 22, 2021 - 7:09am | 422Kraken said its customers can now buy cryptocurrencies on its app using Apple Inc.’s (NASDAQ: AAPL) Apple Pay and Alphabet Inc.’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Pay. What Happened: The Kraken App would automatically connect with the existing Apple Pay or Google Pay account of...
-
Apple Remains Dominant Player In Mobile Wallet Space For Debit Transactions, Says Study
Tuesday, August 17, 2021 - 6:05am | 422Apple Inc.’s (NASDAQ: AAPL) Apple Pay continued to be dominant player in the mobile wallet space for debit transactions in the United States last year, according to a study by electronics fund transfer firm Pulse, a subsidiary of Discover Financial Services (NYSE: DFS). What Happened:...
-
Cramer Says Affirm Is A Buy Despite Apple Threat
Thursday, July 15, 2021 - 12:41am | 380Affirm Holdings (NASDAQ: AFRM) is a “good company” and the stock is a buy at current price levels, CNBC "Mad Money" host Jim Cramer said on Wednesday as shares of the fintech company fell for the second day in a row. What Happened: Shares of San Francisco-based Affirm, a...
-
Apple Working On Offering 'Buy Now, Pay Later,' Rivaling Affirm, PayPal: Report
Tuesday, July 13, 2021 - 11:33pm | 470Apple Inc (NASDAQ: AAPL) is working on a plan to offer a “buy now pay later” product in partnership with Goldman Sachs Group Inc (NYSE: GS), Bloomberg reported on Tuesday. What Happened: The new service, known internally as Apple Pay Later, will allow consumers to pay for any Apple Pay...
-
EXCLUSIVE: OLB Group Announces NFT Solutions Platform To Enable Secure Digital Asset Transfer
Wednesday, June 23, 2021 - 6:30am | 334Cloud-based omnichannel and payment acceptance company The OLB Group (NASDAQ: OLB) announced a new NFT solutions platform to help companies. What Happened: SecurePay, a payment platform from The OLB Group, will support the sale or transfer of non-fungible tokens using a process built on the...
-
Coinbase Cardholders Can Now Make Crypto Purchases On Apple Pay And Google Pay
Tuesday, June 1, 2021 - 11:02am | 447Crypto exchange Coinbase Global Inc (NASDAQ: COIN) announced today that users could make purchases with crypto on Apple Inc (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOGL) Google Pay using their Coinbase Card. What Happened: The newly introduced service will also enable cardholders to...
-
Apple Likely To Beat Street Estimates For Services Revenue In March Quarter: Analyst
Wednesday, March 3, 2021 - 2:33am | 425Apple Inc. (NASDAQ: AAPL) is increasingly likely to beat analyst consensus for services revenue in the March quarter, thanks to strong growth in App Store developer revenue, according to Evercore ISI analyst Amit Daryanani. What Happened: In a research note on Tuesday, Daryanani noted that...