The company is reported to be working with a network of smaller, private label banks to offer conventional banking features.
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WorldRemit links up with Android Pay for global money transfers
Moving money by wire is still a shunt job for most, but the turning tide of connected users have one more option to fund remittance transactions.
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Apple quarterly revenue, iPhone sales take a hit, but services are going strong
Last time we checked in with Apple’s quarterly finances, we discovered a mixed bag of fortunes: yes, Apple was bringing in more money than ever before, but its once-unstoppable growth looked like it may have finally succumbed to a changing market, as iPhone growth ground to a halt. Ever since, we’ve been bracing for more mixed-to-not-great news, especially as predictions looked to declining iPhone shipments. Today the company share its latest figures, and ...
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Ransomware expands to Android banking with “Xbot” trojan
And now, a case where obscurity by encryption can be used a weapon.Ransomware is one of the faster-growing threats to consumers and enterprises — in terms of prominence — and, more often than not, it has culprits getting away with their demands without even having to pore through their victims’ information.After 10 days off of fussing with paper records, Hollywood Presbyterian Medical Center announced it had coughed up $17,000 to the hackers that essentially locked the hospital out of ...
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Sprint embarks on major cost-cutting after netting postpaid subscriptions
Sprint is not making money. It hasn’t been for a while. It’s also been losing subscribers. To an extent, it still is. That’s why the company’s taken a tougher attitude toward its customers’ credit. It also hiked prices for services, added a new plan and has hinted at the demise of one-size-fits-all ...
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Morgan Stanley expects Apple to smash holidays and FY16
Apple is a huge money mover: it knows how to make money and it uses that money to make more money. Morgan Stanley is also a huge money mover: it gives businesses money, trades money for money and makes bold statements about money for money money money. Also, money.Morgan ...
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How long can Apple keep profit margins ridiculously high?
By now, you might’ve seen the IHS and Slice Intelligence figures. If not, here’s a quick summary: the standard 38mm Apple Watch Sport Band costs $2.05 for Apple to make and it is selling them for $49 each. The disclaimer here is that marketing, shipping and other associated costs aren’t included here. That said, Apple prices nearly all, if not all of its products for profit because otherwise, it wouldn’t be in business. This is beyond
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