Tag "BigTech"

Apple Claims Expanding Reach in Finance with 12M Credit Card Users and US$10B in Savings Balances

Apple has been steadily expanding its foothold in the financial services industry, with new data released by the company revealing more than 12 million users of its Apple Card credit card product, and US$10 billion in total balances in Apple

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Apple Readies BNPL Launch

Apple is running an internal test of its buy now, pay later (BNPL) product, gearing up for the public release of the new service in the US. The feature, which was announced at the Worldwide Developers Conference 2022, is currently

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With an Estimated US$800B in Payments Processed Annually, Apple Has Become a Key Actor in the Global Fintech Scene

In 2022, Apple controlled an estimated US$800 billion worth of payments, making the American technology company a significant fintech player globally, a new report by Flagship Advisory Partners, a boutique consultancy and mergers and acquisitions advisory firm from the Netherlands,

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PayPal Ramps Up Integrations and Partnerships

PayPal has reached a new agreement with Apple that will see that two technology giants accept each other’s products in their respective payment ecosystems. The partnership is the latest in a series of collaborations announced by PayPal over the past

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Payment Innovations Remain Apple’s Top Fintech Priority

With a market capitalization of more than US$2 trillion and over US$100 billion in annual profit, American technology giant Apple is one of the most valuable companies in the world. Widely known for its consumer electronics, including the Macintosh personal

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Apple Strengthens its Commitment to its Finance Business

Tech giant Apple is jumping deeper into financial services, moving away from its initial goal of providing finance solutions to retain customers and grow its core business of selling consumer electronics, to the broader aspiration of building a full-blown financial

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Oracle Starts European Fintech Innovation Program with B-Hive Europe

Oracle has chosen Brussels as a European gateway to roll out its Fintech Innovation Program to Europe. Oracle plans to dedicate additional European staff and resources to set up mutually monetizable relationships with fintechs and digital banking innovators. Oracle plans

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