Visa Offers $100M to Replace Mastercard as Apple Card’s Payment Network; American Express in the Mix
Visa, Mastercard, and American Express are having a tug-of-war over whose network will get to provide the back-end plumbing for the Apple Card. That’s not exciting, I know, but here’s the kicker: Wall Street Journal published that Visa reportedly offered Apple a staggering $100 million to abandon Mastercard and join its ranks.
But that’s not all that Apple brings to the table: Challenger banks — newer, tech-driven services that aren’t weighed down by ...
Visa and American Express are both reportedly trying to lure Apple's lucrative credit businesses away from Mastercard. But ...
What would the split mean for the Apple Card and savings account? It's not clear how the end of the relationship between Apple and Goldman Sachs would affect the credit card and savings ...
Goldman decided to refocus on its core strengths of IB and trading operations while scaling back its consumer banking ...
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