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Apple’s Partnership With Goldman Sachs Will Drive Seismic Shifts In The Banking Industry

Forrester IT

Apple and Goldman Sachs are partnering to deliver a new credit card. The bigger concern for digital banks, traditional banks, […]. The industry seems to be quick to dismiss the partnership, especially the rewards program – but we think they’re missing the bigger picture.

Banking 392
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Some Russian bank customers have been cut off from Apple Pay and Google Pay

The Verge

Financial sanctions from several countries bar some card payments through Google Pay and Apple Pay. Customers at a number of banks in Russia can no longer use their bank cards with Google Pay and Apple Pay due to newly-imposed financial sanctions on the country, as reported by Insider.

Banking 98
Insiders

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The Future Of Financial Brands: Less Financial, More Brand

Forrester IT

A new crop of challenger brands, such as Alibaba, Amazon, Apple, Google, Starbucks, T-Mobile, Tencent, and Walmart, are on the prowl in the financial services category. Trouble On The Horizon Banks have had a great run: They’ve played an essential and highly visible role […].

Financial 402
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The regulators are coming for Apple Pay

Computerworld Vertical IT

Apple’s mobile payments service, Apple Pay, looks to be on the regulatory hit list ; the US Consumer Financial Protection Bureau (CFPB) is putting big tech firms with digital payment platforms under closer scrutiny. Once these proposals are approved, those payment systems will face the same degree of scrutiny as banks.

Apple 72
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Denmark's Spar Nord bank in app dispute with Apple

Computer Weekly

Danish bank Spar Nord considers legal dispute with Apple over the supplier’s rejection of mobile app

Banking 135
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Schrodinger’s Open Banking

CIO Business Intelligence

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

Banking 98
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Schrodinger’s Open Banking

CIO Business Intelligence

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

Banking 98