Apple Credit Card's Legal And Ethical Implications For Fintech

Law360 (May 20, 2019, 3:04 PM EDT) -- Apple made waves in the financial technology industry with the Apple Card, becoming the first technology giant to break ground in the massive credit card industry. Announcing the Apple card in late March of 2019, Apple brings its trademark elegance and user-friendliness to the credit card arena — offering a digital and physical card that customers can apply for from the convenience of their iPhones. Successful Apple Card applicants can then use the card immediately upon approval. The physical Apple Card contains no number and no CVV. Instead, Apple stores this information securely in your phone’s wallet app.

With digital wallets...

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