Apple Pay, Apple Pay Cash, Apple Card and Wallet are hugely disruptive solutions that show how Apple could threaten the retail banking sector – or, help it to thrive (for a fee).
We’re not a bank
Speaking at a CNNconference last week, Apple’s VP Internet Services, Jennifer Bailey discussed Apple’s plansaround Apple Pay.
She made a highly significant statement retail banking professionals should think deeply about: “We’re not interested in being a bank… particularly the regulated part of that.”
Click here for original story, How Apple is saving the banks (for a fee)
Source: Computer World