Apple and Square join efforts to educate users across the nation about the value of mobile payments.
The platform will offer services including incorporation, share issuance, adding directors, setting up bank and Stripe accounts.
Wirecard Technologies GmbH has entered into agreement with Visa Europe Collab to help fintech companies develop innovative products for the payments sector.
Although Apple Pay simplifies the process of mobile payments, it is, unlike bitcoin, not solving problems in the financial industry.
6 percent of iPhone 6 and 6 Plus owners have used Apple Pay to make a touchless transaction, while 85 percent haven’t even tried the service, according to the report by market research firm InfoScout.
Apple Pay didn’t manage to avoid ID thieves. Apple’s wallets can be considered secure, but the cards linked to those accounts are not so protected as they seem to be.
Bill and Miranda Gates in their annual letter published on Thursday, are outlining ambitions to engage in another messy sector: banking.