pymnts Profile:
Apple Inc. (NASDAQ: AAPL)
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services.
Report: General Motors Hires Apple Veteran Tim Twerdahl
August 27, 2024General Motors (GM) has reportedly hired former Apple leader Tim Twerdahl as vice president of product management for the automaker’s software services group. Twerdahl will report to GM’s senior vice president of ...Read moreTrending: Apple’s CFO Shake-Up Spotlights Finance as Corporate Growth Engine
August 27, 2024The global economic landscape is increasingly complex and unpredictable. One thing remains certain, however: Having a savvy, steady chief financial officer helming the finance function can do wonders for business ...Read moreZip Eyes Apple Partnership as BNPL Use Grows
August 27, 2024Australian buy now, pay later (BNPL) firm Zip is reportedly considering a partnership with Apple. That collaboration would integrate Zip’s installment payments offering with Apple in the U.S., CEO Cynthia Scott ...Read moreApple Finance Chief to Depart at Year’s End
August 27, 2024Apple Chief Financial Officer Luca Maestri is set to step down at the start of next year. Maestri will exit the CFO office starting Jan. 1 but continue to lead Apple’s ...Read moreApple Moves iPhone 16 Rollout Up One Day
August 26, 2024Apple has sent out invitations for its September event showcasing devices like the iPhone 16. As Bloomberg News reported Monday (Aug. 26), the company will host this event at the Steve ...Read moreApple Plays AI Catchup in Hopes of Creating New Mobile Commerce Frontier
August 26, 2024Apple is gearing up to launch “Apple Intelligence,” a sweeping artificial intelligence (AI) initiative that experts say could rewrite the rules of digital commerce. The tech giant’s push comes as Silicon ...Read moreReport: Apple to Unveil New iPhones, Watches, AirPods Sept. 10
August 23, 2024Apple reportedly plans to unveil its latest iPhones, watches and AirPods at a product launch Sept. 10. The company hasn’t announced the timing of the event, but it is planning to ...Read moreReport: Meta Ends Work on Premium Mixed-Reality Headset
August 23, 2024Meta has reportedly ended its work on developing a premium mixed-reality headset after seeing Apple struggle to sell its own pricey offering in that category. After planning to add a new ...Read moreThis Week in AI: AWS’ Image Tool, Apple’s EU Move and Google’s Search Results
August 23, 2024Artificial intelligence is swiftly altering online shopping, prompting tech giants to unveil advanced AI tools while regulators scramble to keep pace. This is leaving businesses across industries rushing to adapt. ...Read moreApple to Update Browser Choice and App Deletion in EU
August 22, 2024Apple will give users in the European Union (EU) more choice when it comes to browsers and apps as it works to comply with the Digital Markets Act. These changes apply ...Read more
Zip Eyes Apple Partnership as BNPL Use Grows
August 27, 2024Australian buy now, pay later (BNPL) firm Zip is reportedly considering a partnership with Apple. That collaboration would integrate Zip’s installment payments offering with Apple in the U.S., CEO Cynthia Scott ...Read moreApple Plays AI Catchup in Hopes of Creating New Mobile Commerce Frontier
August 26, 2024Apple is gearing up to launch “Apple Intelligence,” a sweeping artificial intelligence (AI) initiative that experts say could rewrite the rules of digital commerce. The tech giant’s push comes as Silicon ...Read moreReport: Apple Reorganizing App Store in Response to Global Regulations
August 21, 2024The Apple vice president who has run the App Store since 2010, Matt Fischer, will reportedly leave the company in October amid its reorganization. Fischer is making this move as part ...Read moreWeb3 Fans Say Apple NFC Chip Access Will Jumpstart Crypto Payments Era
August 21, 2024Every innovation needs a supporting infrastructure network to scale. And, with the news that Apple will allow third-party developers to access its near-field communication (NFC) chip this autumn with the release of ...Read moreEU Becomes Battleground as Epic Challenges Apple’s App Store Dominance
August 16, 2024Rival app stores. New mobile ecosystems — and the major players in a battle that’s been waged over four years remain the same. Epic’s challenge to Apple’s App Store practices has ...Read moreApple’s NFC Move Ushers in New Era of POS Competition
August 15, 2024Apple’s move to open up near-field communications (NFC) technology — specifically so that third-party developers can integrate NFC transactions — may turbocharge digital wallets’ momentum. As PYMNTS reported this week, beginning ...Read moreApple Gives Third Parties Access to Tap-and-Go Payments Tech
August 14, 2024Apple says it is giving developers access to its near-field communication (NFC) technology. “Starting with iOS 18.1, developers will be able to offer NFC contactless transactions using the Secure Element from ...Read moreReport: Tencent May Share Mini Games Revenue With Apple
August 14, 2024Tencent Holdings reportedly said it is in discussions with Apple about sharing revenue from its WeChat mini games. The remarks, made Wednesday (Aug. 14) during the company’s earnings call, confirm an ...Read moreGoogle Brings Value-Added Services to Its Digital Wallet
August 14, 2024Digital wallets are transforming payments and commerce. In today’s operational landscape, where convenience reigns supreme and value-added services drive customer stickiness, the financial services industry faces new challenges and opportunities from ...Read moreCredit Unions vs Big Tech: Winner Gets the Customer
August 13, 2024For banks — and especially for credit unions — the battle with Big Tech for the hearts, minds and wallet share of consumers may seem a more than challenging proposition. After ...Read more
Apple Shutters Pay Later as It Paves Broader Path for Installment Loans
June 17, 2024Nearly two years after its initial announcement and about eight months after its nationwide debut, Apple Pay Later is being discontinued. In the wake of that announcement, the company is charting ...Read moreApple Pay Expands Services Ecosystem ‘Off’ iPhone Onto Chrome and Into Installments
June 11, 2024The first few days of Apple’s annual developer conference, stretching from Monday (June 10) to Friday (June 14), may seemingly be all about artificial intelligence. But a set of announcements Tuesday ...Read moreApple Cash Adds Virtual Card Numbers, Enabling Spending at More Merchants
April 9, 2024Apple Cash cards now have virtual card numbers, enabling users to securely spend their Apple Cash at merchants that don’t accept Apple Pay. This change was included among updates to Apple Cash terms ...Read moreSunrate Adds Apple Pay to Payment and Treasury Management Platform
April 8, 2024Sunrate has added Apple Pay to its global payment and treasury management platform. This new option offers the company’s commercial credit card customers a safer, more secure and private way to pay, Sunrate said ...Read moreThe Apple Pay Threat Facing Banks
March 18, 2024A friend was preparing for a once-in-a-lifetime yoga retreat to a fancy resort in Malaysia. The trip was a long one with stopovers in Qatar and two days in Kuala ...Read moreEuropean Commission Asking Retailers and Rivals About Apple Pay
May 10, 2023The European Commission (EC) is reportedly seeking information about Apple Pay from retailers and Apple’s rivals. The requests by the antitrust regulators of the EU were sent out three months after ...Read moreEU Targets Apple Pay’s Exclusive Access to iPhone NFC Chip
November 16, 2022Since the launch of the iPhone 6, all subsequent models of Apple’s smartphone have enabled contactless payments with the Apple Pay mobile wallet using near field communication (NFC) technology. And unlike ...Read moreClass-Action Lawsuit Accuses Apple Pay of $1B a Year in Illegal Fees
July 18, 2022A class-action lawsuit in federal court accuses Apple of using its Apple Pay to illegally profit from payment card issuers, taking in $1 billion a year in fees in violation ...Read moreIs Apple Pay Later Really a Threat to Affirm and Other BNPL Providers?
June 13, 2022Apple’s Project Breakout finally broke out a week ago today at Apple’s WWDC. It was then that Apple confirmed what was probably one of the worst kept secrets in payments: ...Read moreiPhone-to-iPhone Tap to Pay Launches at Apple Stores
May 25, 2022Apple will begin rolling out its new Tap to Pay feature for the public, a report said Wednesday (May 25). The feature was unveiled in February and lets iPhones that were ...Read more
Malls Look to Future With Experiential Retail as They Navigate Macy’s Changes
August 26, 2024As U.S. malls grapple with shifting consumer preferences and the digital revolution, they are undergoing a transformation. In an interview with PYMNTS, Rachel Williamson, chief strategic retail adviser, Running Great ...Read moreStarbucks Turns to Pumpkin Spice Lattes to Perk Up Sales
August 24, 2024As Starbucks struggles with comparable sales declines, the coffeehouse giant is evidently asking, “Maybe the Pumpkin Spice Latte will fix it?” The brand announced this week that the drink would be ...Read moreBrands Focus on Post-Purchase Innovations to Foster Customer Loyalty
August 20, 2024As competition for customer loyalty grows fiercer, brands are sharpening their focus on the post-purchase phase — a critical yet frequently neglected part of the customer journey. Understanding that the relationship ...Read moreWho’s Faster? Amazon and Walmart Race to Meet Demand for Instant Delivery
August 9, 2024As retail giants Amazon and Walmart compete to be consumers’ go-to for more of their day-to-day needs, the two companies are looking to delivery times as a key factor influencing ...Read moreQVC CEO Aims Social Commerce at Gen Z Parents
August 8, 2024Amid merchants’ gold rush for young consumers’ social commerce spending, Qurate Retail is focusing on an often-overlooked demographic: Generation X and baby boomer women on social media and other digital ...Read moreUS Interest in Pure-Play eCommerce Drops 28% in 3 Years
August 7, 2024As the early stages of the pandemic become more distant history, consumers are becoming less and less interested in purely digital retail journeys. By the Numbers For the report “2024 Global Digital ...Read moreSpirits Distilleries Say Rising Delivery Costs Have Consumers Cautious About Buying Booze Online
August 7, 2024As consumers seek to balance convenience and cost, alcoholic beverage brands are seeing current economic pressures hamper enthusiasm for beer, wine and spirits delivery. In an interview with PYMNTS for this ...Read moreFastlane by PayPal Now Open to all US Merchants
August 6, 2024PayPal’s one-click-checkout tool Fastlane is now available for U.S. businesses of all sizes. The company announced Tuesday (Aug. 6) that the program — first introduced in January — is now open ...Read moreDoorDash, Instacart Try New Angles to Gain Grocery Share
August 6, 2024As on-demand delivery aggregators look to capture more of consumers’ grocery spending, key players such as DoorDash and Instacart are finding new ways to insert their technology into consumers’ grocery ...Read moreWhat We Know About Chocolate and Consumer Trends From Mondelez, Kraft Heinz and Hershey Q2 Earnings
August 5, 2024As the consumer packaged goods (CPG) industry grapples with complex economic and consumer trends, three major players — Mondelez International, Kraft Heinz and Hershey — are steering their ships through turbulent waters ...Read more