Tech

Apple plans to build its own financial infrastructure for payments and lending

Enlarge / The featureless, very Apple-like physical Apple Card. (credit: Apple) Apple plans to build its own in-house technology and infrastructure for financial services, according to a new Bloomberg report citing people with knowledge of the matter. The initiative is internally codenamed “Breakout” as an allusion to the idea of users breaking free from the […]

Tech

Apple plans to build its own financial infrastructure for payments and lending

Enlarge / The featureless, very Apple-like physical Apple Card. (credit: Apple) Apple plans to build its own in-house technology and infrastructure for financial services, according to a new Bloomberg report citing people with knowledge of the matter. The initiative is internally codenamed “Breakout” as an allusion to the idea of users breaking free from the […]

Tech

With Apple Pay Later, Apple may take another stab at the PayPal model

Enlarge / Apple Pay on an iPhone and Apple Watch. (credit: Apple) Apple will continue to expand beyond traditional technology projects with a new feature the company is internally calling “Apple Pay Later,” according to a new report in Bloomberg. With Apple Pay Later, users making either retail or online purchases with Apple Pay will […]