Everything You Ever Needed To Know About Apple and Payments

From PYMNTS.com

“As of the writing of this, something truly unusual is going on. Apple’s stock is trading at less than $100 a share.

Certainly the team in Cupertino is not the only one feeling the market’s wrath this week, but it does serve as an interesting contrast to a year ago today — at which time Apple’s earnings were about to hitch a rocket ride to their highest-ever levels and leave the market wondering if it was about to see the first trillion-dollar market cap in history.

So how did Apple get from there to here?”

Read more>>

..And the Mobile Money Winner is ….

Kenya to set world record $27bn mobile money transfers in 2015

From RT -

“Kenya’s mobile money transactions hit $23 billion in the 10-months to October which is $4 billion more than in the same period last year, according to data from the country’s Central Bank.

The East African country leads the world in mobile money use, and could make a new record this year. Kenya’s 10-month transactions equal the country’s entire transfers for 2014.”

Read more>>

Predicting the future is hard, but online surveys are useless trending indicators

From Finextra –

“A recent study by YouGov and ACI Worldwide seemed to suggest that the whole digital disruption of banking thing all adds up to a hill of beans. The study which says that mobile banking and payments are basically a bust, seems to indicate that consumers aren’t using the tech that banks and FinTech’s are rushing to implement. The data to support this came from an online survey conducted in the UK back in June (I guess it takes a long time to compile data from online surveys).”

Read more>>