Friday, 24 March, 2023

Apple reported to be working on in-house financial services

<p>Apple, according to reports, is working on a multi-year strategy to establish own payment technology and infrastructure in order to expand product portfolio. The move will reduce Apple&rsquo;s reliance on third parties and allow it to further expand its payment features in global markets. Sources said that as part of this plan, the company will bring its financial services like payment processing, fraud analysis, credit checks, risk assessment for lending, in house.</p>