Fintech Insider Podcast by 11:FS

967. News: Can Curve challenge Apple Pay? Plus: Google’s AI goes shopping

12 snips
Jun 2, 2025
Aditi Subbarao, Strategic Partnerships Lead at Instabase, discusses how AI can reshape enterprise processes. Edoardo Volta, from Curve, reveals the launch of Curve Pay, a direct competitor to Apple Pay, emphasizing user experience and data privacy. Kate Flocken, Principal at FS Vector, navigates the implications of the CFPB's decision to retract open banking rules. They also explore Google’s innovative AI shopping experience, Kakao Pay's acquisition strategies in Korea, and surging hiring trends in UK fintech, all while addressing ethical concerns around consumer data and financial crime.
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INSIGHT

CurvePay's Unique Tech Edge

  • CurvePay leverages NFC access on iOS to enable native mobile payments in Europe, breaking Apple's previous exclusivity.
  • Curve processes transactions, not just passes them through, enabling unique features like card-switching and additional rewards.
INSIGHT

Regulation Spurs Payment Innovation

  • Regulatory action in Europe is fostering innovation by ending Apple Pay's NFC monopoly.
  • This creates fertile ground for challengers like Curve to offer enhanced features and compete.
INSIGHT

U.S. Regulatory Innovation Push

  • U.S. regulators are increasingly focused on promoting competition and innovation in financial services.
  • Though early, these efforts show promise for a more dynamic financial ecosystem.
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