Apple Pay will not provide the spark that will cause technology giants to disrupt the traditional banking sector, according to reports. What’s more, as soon as these new lenders start to gain any sort of scale, regulators start to become interested. The company is reportedly working on a new payment system for its mobile devices and has been testing it with some of its biggest customers.
Apple Pay will not provide the spark that will cause technology giants to disrupt the traditional banking sector, according to reports. The company is reportedly working on a new payment system for its mobile devices and has been testing it with some of its biggest customers.