Apple Card

A Hacker News post is discussing a retrospective look at the origin of Apple Card, the credit card Apple launched in partnership with Goldman Sachs, as seen fifteen years on from the events described. The article recounts the backstory of how the card came to be. Comments and post activity are limited, so the specific reactions of readers are not clear from the available evidence, but the piece has drawn notable engagement on the site.

Banks and credit unions are reportedly banding together to push back against the fees they say Apple charges through Apple Pay, as an antitrust lawsuit over the practice moves forward. The legal challenge targets the commission structure Apple imposes on card issuers for transactions made with its payment service. The outcome could reshape how banks and mobile wallet providers split revenue on contactless payments in the United States.

Banks and credit unions are joining forces to challenge fees tied to Apple Pay, as an antitrust lawsuit against Apple over its payment practices advances. The case targets the fees Apple charges card issuers for access to its tap-to-pay system, and the move signals growing resistance from financial institutions to what they view as unjustified charges.

Banks and credit unions are reportedly joining forces to push back against the fees Apple charges for its Apple Pay service. The move signals growing resistance among financial institutions to the cut Apple takes on card transactions. The story is drawing attention and debate among technology and finance commentators.