Big banks learned nothing from CurrentC, as they plan new competition for Apple Pay

Big banks learned nothing from CurrentC, as they plan new competition for Apple Pay

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Seven big banks are creating a mobile wallet app, designed to compete with Apple Pay, according to a new report today. Bank of America, JPMorgan Chase, and Wells Fargo are three of the banks named, with two motivations suggested for the initiative … First, the banks want to reduce online credit…

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