In this week’s PeerIQ Industry Update they cover the slowing of the economy in Q4 which came in with a...
Wall Street research firm Alliance Bernstein estimates the Apple Card could bring in about $1bn in annual revenue; this would...
This week, we dive into the social, economic, and financial implications of data in a post-COVID world. As Apple and Google work to build out the government's contact tracing apps to combat pandemic, what Pandora's box are we opening without consideration? As Plaid reaches into payroll data to accelerate small business bailouts, what power do we hand to aggregators? Will dignity-preserving solutions come to market in time? The opportunity for decentralized identity and data storage is clearer than ever. Or will fear drive us to make permanent compromises?
Adding another card to their deck of financial products, Apple has launched a high yield savings account that trumps the national average.
This week, let's dive into the Apple augmented reality glasses leak, the Magic Leap $350 million financing, and the uncanny imagery created by Epic Games' Unreal Engine. We summarize and pull apart the thesis of the Metaverse -- a virtual world as realistic and economically important as our own -- and how media and financial companies should think about the opportunity.
While giving a speech the acting head of the OCC stated that banks need more competition not less; he also commented on companies like Amazon or Apple becoming banks, Noreika states; “Laws that prevent companies with resources and means from becoming competitor banks only serve to protect existing big banks from would-be rivals”; as Crowdfund Insider reports the benefits of having big tech companies become banks could help to lower cost, increase access and help to serve those who might be left behind by traditional banks. Source.
Apple and Goldman Sachs have partnered on a new credit card which will include iPhone features to help people manage...
The official launch of the Apple Card ratcheted up the pressure on banks and fintechs as the fear of big...
Apple announced a new savings account for Apple Card that will let users save Daily Cash in high-yield savings account from Goldman Sachs.
We started the month with the huge news that Square was acquiring Afterpay and we ended with Amazon’s deal with Affirm.
It seems like every day there is more news coming out of this sector, it is white-hot right now.