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Tap to Pay on iPhone turns any of the tech giant's recent smartphones into a card reader, but since Apple doesn't provide its own merchant services, it stops short of becoming a direct threat to acquirers and payment facilitators.
JPMorgan Chase's recent purchase of a stake in the Greek fintech will allow the U.S. company to offer new services like merchant credit in Europe, where it is No. 5 among merchant acquirers.
The move could impact payments providers that rely on Apple’s iPhones to facilitate sales, such as Block’s Square, which dominates the market.
By acquiring First Sound Bank in Seattle, the fintech would control the strategic direction of the combined company and won't have to share revenue, CEO Luvleen Sidhu says.
Unregulated. in this case, what the us has done is by blacklisting nso it has caused huge reputational harm. so nso was claiming an ipo, planning an ipo, and had a $2 billion evaluation and they have been making moves to go public and this is going to greatly limit the number of institutional investors or even potentially acquirers who would show interest in the company. so thatis interest in the company. so that is a big thing. the other thing is that this is a signal to investors everywhere that if they are going to invest in spyware or surveillance companies they may want to think twice bec...