Apple in Fintech (Apple Card, Open Banking etc…)

The US now has the Real Time Payments system and from next year FedNow so are finally catching up.

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Yep - Isn’t one of the big features of Apple Cash the ability to just ‘text’ cash to other Apple users through iMessage? And isn’t that kinda what they tried to introduce overhere with PayM which then basically flopped because it’s just as easy to setup someone in your bank app and that doesn’t rely on the other person also being setup with the same system?

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A sign of things to come :pray:t3:

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I find this thread as intriguing as Cheque Imaging.

Both are nowhere on the horizon, but they still elicit so much discussion

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Does this mean that Apple Cars may switch to VISA?

Apple Card may do. Is discovery US only? It might be an indication they are gearing up for international expansion as visa is more worldwide?

I doubt they will switch Apple Card to VISA, there isnt really much of a benefit to the consumer its more charges for the company that uses the provdiers services.

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I thought that the point was that Apple were trying to cut Mastercard and Visa out of the loop?

The point of what?

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Apple’s current fintech direction.

Apple Card is a Mastercard though? Not Discovery?

Yes, you are right! Still could indicate Apple Cash getting out of the us.

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I hope it does ASAP.

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It was the Show Time event in March 19.

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Because the card looks mint? That’s my reason tbh

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Is this what Premium cards are made from.

Oh and the bag is super nice

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Isn’t that the point though? Services income is HUGE.

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Is that Monzo or Apple you’re referring to (sorry, not sorry)

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:smirk:

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Interesting read, Goldman is a big bank in the US right?

tldr: apple card popularity was unprecedented lead to regulatory investigation into partner bank :eyes:

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