Payments Ecosystem
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Payments Ecosystem
The Payments ecosystem is evolving at an unprecedented pace driven by mobile, cloud computing, start-up's challenging the behemoths, and new technologies. My personal collection of curated stories and blogs.
Curated by Vineet Anand
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Apple partners with Aetna to launch health app leveraging Apple Watch data

Apple partners with Aetna to launch health app leveraging Apple Watch data | Payments Ecosystem | Scoop.it
Apple has disabled the group calling feature within its FaceTime calling service while it works on a patch to fix a nasty bug that allows eavesdropping. Apple’s status page shows that group calling via FaceTime is “temporarily unavailable” — that’s a stop-gap move whil…
Vineet Anand's insight:

Attain, the new health app in partnership with Apple! Partnerships to aid future services revenue for Apple. 

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UK banks drag their feet as Apple Pay opens for business

UK banks drag their feet as Apple Pay opens for business | Payments Ecosystem | Scoop.it
Finextra: The UK launch of Apple Pay seems to have caught some of the country's biggest banks by surprise with only Nationwide, NatWest, Royal Bank of Scotland, Ulster Bank and Santander ready on day one.
Vineet Anand's insight:

World's leading contactless market, UK, welcomes Apple Pay in seemingly limited manner. Notably absent at launch are major issuers including HSBC, Lloyds, Barclays, and First Direct. 

In most cases consumers can buy anything as long as it costs below PS20, which will increase to PS30 in September - upgrades needed at terminals to allow for raising the existing PS20 contactless value at most terminals; another challenge for Apple Pay. 

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Barclays Anticipating 'Imminent' Support for Apple Pay in United Kingdom

Barclays Anticipating 'Imminent' Support for Apple Pay in United Kingdom | Payments Ecosystem | Scoop.it
MacRumors has learned that a high-level executive at Barclays, one of the largest banks in the United Kingdom, anticipates "imminent" support...
Vineet Anand's insight:

Is Barclays developing its own mobile platform? Notably absence from Apple Pay initial launch, however indication is Barclays will be joining the fray of Apple Pay issuers soon. 

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Finextra news: Citi, Fidelity and Mint develop first FS apps for Apple Watch

Finextra news: Citi, Fidelity and Mint develop first FS apps for Apple Watch | Payments Ecosystem | Scoop.it
Finextra: Citi, Fidelity and Mint are the first financial services-related developers out of the blocks with apps designed for the new Apple Watch, which goes on sale next month.
Vineet Anand's insight:

Apple Pay now has 2,500 banks and accepted across 700k locations!

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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.