wall-street-journal 1 year ago
news and reporting #Economy and Crypto

Apple vs. Banks | The Digital-Wallet War Explained

Digital wallets like Apple Pay are continuing to grow in popularity. Banks are worried they’re losing ground to tech companies eager to gain market share in consumer payments.

One of traditional finance’s biggest threats is Apple. Here’s how big banks are fighting back.

00:00 | How digital wallets like Apple Pay work.

00:43 | How banks are competing against Apple Pay.

03:45 | Can banks succeed in creating their own digital wallets?

Wall Street Journal
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