Why Banks Are Waging a Digital-Wallet War With Apple

Malaysia News News

Why Banks Are Waging a Digital-Wallet War With Apple
Malaysia Latest News,Malaysia Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Watch: Digital wallets, like Apple Pay, are growing in popularity, and banks are getting worried. Here’s how they’re pushing back.

Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.Twitter is over $13 billion in debt. Many advertisers have fled. But CEO Elon Musk said the company has a shot at becoming cash-flow positive within a few months. Here’s why Musk is optimistic, and how his purchase contributed to Twitter’s cash problem.

Illustration: Preston JesseeAs Donald Trump faces a possible indictment, WSJ’s Joe Palazzolo—one of the reporters whose initial articles triggered the investigation—walks through the allegations and events that could culminate in criminal charges against the former president. Photo Illustration: Ryan TrefesThe Federal Deposit Insurance Corporation is doing what it was designed to do when banks like Silicon Valley and Signature Banks go under: cover insured deposits.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Explainer: What are credit default swaps and why are they causing trouble for Europe's banks?Explainer: What are credit default swaps and why are they causing trouble for Europe's banks?Turbulence in Europe's banks following the implosion of 167-year-old Credit Suisse and runs on regional banks in the U.S. has focused attention on the role played by credit default swaps in all the turmoil.
Read more »

Apple acquires startup that could improve Apple TV+ streamingApple acquires startup that could improve Apple TV+ streamingApple has acquired a Mountain View-based startup called WaveOne, which was developing AI algorithms for compressing video
Read more »

Apple introduces way to split payments in Apple PayApple introduces way to split payments in Apple PayApple will now let consumers use its mobile payment service, Apply Pay, to make purchases immediately and pay for them in installments over time.
Read more »

Here's why Apple released a new iPhone app for classical music onlyHere's why Apple released a new iPhone app for classical music onlyToday, Apple released the long-awaited Apple Music Classical app. Here's why the company decided to launch a standalone app.
Read more »

A long-awaited Apple Pay feature is finally on your iPhone | Digital TrendsA long-awaited Apple Pay feature is finally on your iPhone | Digital TrendsApple has finally begun to roll out its new ApplePayLater feature to a select group of users.
Read more »

These 5 things will make the Apple Watch Ultra 2 amazing | Digital TrendsThese 5 things will make the Apple Watch Ultra 2 amazing | Digital TrendsThe Apple Watch Ultra is superb, and to improve on it Apple will have to work hard. This is what we think needs to change for the AppleWatch Ultra 2.
Read more »



Render Time: 2025-02-27 23:41:10