Fintech Insider Podcast by 11:FS cover image

770. News: PayPal launches stablecoin and Apple $10 billion rocks the banking world

Fintech Insider Podcast by 11:FS

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Apple Pay and the US Banks

I think a big brand entering financial services is only a good thing. If anything, it attracts more people to think about savings rather than borrowing endlessly and just getting themselves into massive debt. I would push that at least the US banks, I'd be a little bit nervous if I was them because Apple is such an innovative company. The banks are already kind of perking their ears up a little bit in that they've got competition from the wallets.

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