PayPal was excluded from the list of Apple Pay preferred partners due to a falling out between the two companies, Bank Innovation reports... More
An innovative biosensor security function built into the Apple Watch and the Touch ID fingerprint sensor in the iPhone 6 and iPhone 6 Plus will work in combination with NFC and tokenization to provide additional security to Apple Pay transactions, it is now becoming clear — giving Apple the ability to negotiate special deals with card issuers that will generate new revenues for the Cupertino company... More
Apple is to pilot a merchant partnership program that “may be related to Apple launching a loyalty/rewards program”, Bank Innovation reports, citing “multiple sources with knowledge of the program”... More
“Apple will be utilizing near field communication (NFC) technology and tokenization technology in the new iPhone 6 and iWatch as a part of its payments initiative,” reports Bank Innovation, citing “sources close to Apple and with knowledge of Apple’s plans for its new smartphone”... More
Upmarket US retailer Nordstrom is in talks to partner with Apple on its new mobile payments service, Bank Innovation reports... More
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