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Apple Pay Four years after partnering on the Apple Card, Goldman Sachs faces a costly exit from a partnership that is seen by other lenders as too risky and unprofitable. Saeed Azhar and Lananh Nguyen for Reuters: ‎ In searching for a buyer for its share of the partnership, Goldman will face pressure from bidders to reduce the value of its stake in order to make the price more attractive, according to two sources familiar with the matter who declined to be identified discussing potential talks. Prospective bidders will likely push Apple to change the terms of the deal, the two sources said. They will likely seek access to Apple’s proprietary credit card data, two other sources familiar with the…
Apple Pay Four years after partnering on the Apple Card, Goldman Sachs faces a costly exit from a partnership that is seen by other lenders as too risky and unprofitable. Saeed Azhar and Lananh Nguyen for Reuters: ‎ In searching for a buyer for its share of the partnership, Goldman will face pressure from bidders to reduce the value of its stake in order to make the price more attractive, according to two sources familiar with the matter who declined to be identified discussing potential talks. Prospective bidders will likely push Apple to change the terms of the deal, the two sources said. They will likely seek access to Apple’s proprietary credit card data, two other sources familiar with the…
The U.S. Consumer Financial Protection Bureau has warned tech giants about being overly restrictive in access to payments apps, taking an explicit shot at Apple’s Apple Pay. Apple Pay : Because Apple and Alphabet Inc.’s Google Pay dominate the mobile-device tap-to-pay market, the constraints they impose on app developers’ ability to use the technology could inhibit consumer choice, the Consumer Financial Protection Bureau said. Apple requires iOS device users to turn to Apple Pay for tap-to-pay transactions, barring direct integration with apps such as Venmo, while Google’s Android operating system does not, but the concern is that Google “could reverse this position in the future,” the bureau said. “The CFPB will continue to work with these entities and take appropriate…
Online shopping has taken off in the last two decades, with an American survey revealing that over half of people prefer to shop digitally. Online shoppers are often presented with a myriad of payment methods from which to choose. A new study set out to find the most popular payment methods around the world and found that Apple Pay is the 5th most popular online payment option worldwide. Apple Pay Ian Wright for Merchant Machine: Based on data that reflects how shoppers choose to pay on the internet’s one million most visited websites, most of the world will choose Visa, the most popular payment method in 67 countries. One such country is the United States, where you’ll find one in…
Goldman Sachs does not want to continue its partnership with Apple, according to a new report from The Wall Street Journal. Apple has teamed up with Goldman Sachs for the Apple Card credit card in the United States, Apple Pay Later, and the Apple Savings account that ‌Apple Card‌ users can opt for. The banking company wants to cut back on its consumer business, and is now in talks with American Express (or Amex) about a potential takeover. A deal would see Goldman Sachs offloading its credit card partnerships to another company, which would include the ‌Apple Card‌ and other credit cards like one it offers for General Motors. American Express has not yet established an agreement with Goldman Sachs,…
Apple previewed some amazing new Accessibility features in May called Personal Voice and Live Speech that allow anyone to create and securely store a replica of their voice and use it via text with their iPhone (or iPad). Now the voice banking feature is available with the iOS 17 beta. Here’s how to set up Personal Voice on iPhone. more… The post Personal Voice on iPhone: How to create yours with iOS 17 appeared first on 9to5Mac.
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