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Apple reportedly set to face €500m penalty in EU antitrust ruling

The European Union’s (EU) legal clash with Apple is set to culminate in a hefty fine for the Silicon Valley giant, in a development...

Klarna Unveils ‘Sign in with Klarna’ 

Klarna has launched ‘Sign in with Klarna’ to offer consumers a smoother shopping experience with increased control over their own data.  The AI-driven global payment...

PayPal reduces workforce by 9% amid rising competition

In its mission to revolutionise commerce, PayPal has cut 2,500 jobs in hopes to improve efficiency and focus.The payments giant announced the reduction of...

Apple to allow third-party access to contactless tech in EU resolution

Apple has agreed to open up access to its payments technology to third-party companies to end an antitrust dispute with the EU, the political...

Adyen and NewStore launch Apple’s Tap to Pay for Australian merchants 

Fintech Adyen has rolled out the Tap to Pay feature on iOS devices for its network of retailer customers in Australia.  Thanks to a regional...

Apple taps into UK Open Banking API to bolster wallet capabilities

Apple is tapping into Open Banking tech in order to expand the Apple Wallet app on iPhone devices.  The expansion, which will utilise the UK’s...

Apple and Amazon fined $218m over antitrust violations

The CNMC, Spain’s antitrust watchdog, has fined Apple and Amazon a total of $218m after concluding both tech giants violated antitrust laws in the...

NatWest integrates Apple’s Tap to Pay via Tyl

UK merchants will be able to make payments via Apple’s Tap to Pay on their NatWest Tap to Pay app after a successful integration between the two companies through...

UK to regulate big tech firms with new bill

Tech giants such as Google and Apple may have to abide by new regulations designed for them to retain some of their overwhelming power...

Apple’s savings card a key example of ‘embedded banking innovation’

Apple’s expansion into savings accounts is being widely misunderstood and is a key example of embedded finance innovation, according to Ralph Dangelmaier, Global CEO...

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