Apple launches its own credit card

A still from the Hot Lava game on Apple Arcade

"While Apple may introduce a bigger roster of original content than Amazon and Netflix during their respective launches, the streaming market has arguably already reached a level of saturation and consumer fatigue in the United States", said Colin Gillis, an analyst at Chatham Road Partners.

Apple announced the launch of an innovative credit card and TV streaming platform among other new services at a keynote event in California.

That's because purchases made via Apple Pay - either in apps or at businesses' NFC terminals - earn 2 percent back in "Daily Cash" rewards, while old-fashioned credit card swipes only earn you 1 percent.

Brear also told Techworld that he believes "Apple has been looming over the banking battlefield for over a decade now but with their recent announcement regarding Apple Pay conducting more transactions than PayPal, and now the reveal of the Apple Card, they might finally be living up to the hype".

Siri is your spirit guide. These details are stored in the Apple Wallet itself. And it comes with a bevy of perks - quick sign-up, elimination of most fees, strong security protections and cash back. But it was clear during its event yesterday-which included News+, Apple TV Channels, Apple Card, and Apple Arcade-that each of the new services would be tied to some coming release of iOS. Certainly, as of this writing, several major merchants do accept it (or are in the process of rolling it out), including Target, McDonald's, CVS and Best Buy. He mentioned that he expects these companies to soon start designing their own Android app that can do what the Apple Card will do. But Apple Card can help in boosting iPhone sales as it can attract consumers to switch to iPhone to avail themselves of Apple's financial service offerings.

But that's just one of the vulnerabilities Apple addressed in iOS 12.2. Apple instead displays a range of flexible payment options.

Southwest Airlines 737 Max makes emergency landing after engine trouble
A US Senate panel is scheduled to hold a hearing Wednesday on the two disasters and federal oversight of air safety. Less than four months earlier, 189 people died when a Boeing 737 Max 8 operated by Lion Air crashed in Indonesia .

Apple unveils Apple News+, its monthly news subscription service
With Apple TV channels , subscribers will be able to pay for the premium networks they want, such as HBO, Showtime and Starz. An optional physical card is available, but in typical Apple fashion, it's a laser-etched titanium rectangle.

Israel strikes Hamas targets in Gaza after rocket hits house
Israel has also waged three offensives on Gaza since December 2008, a year after Hamas assumed control of the coastal enclave. In response to the rocket attack Monday morning, Prime Minister Netanyahu said Israel would "respond with force".

Apple's entry to the video gaming world continues with the unveiling of its new subscription service dedicated to standard and mobile gamers. Apple will charge 1% for making an instant transfer from the Apple Pay Cash balance to a debit card.

I don't think what Apple announced this week is exactly what Jobs had in mind when he made those comments to Isaacson, but after years of stumbling in this area the slight changes to its TV portal would surely make him smile. And although the offered 2% back on Apple Pay is slightly higher, it is by no means the highest in the market.

For sure, turning the small amounts of fees from the card service into a huge revenue source is a long-term business.

Dreaming of a big sign-up bonus that can net you a free flight?

First, let's talk about the benefits and unique features offered by the Apple Card. But WalletHub CEO Odysseas Papadimitriou is dubious people who can afford an iPhone and qualify for the card will need that cash so quickly.

Similar to how banks and credit card companies ditched signatures as security chips became the norm, we could see card numbers disappear too. That's $750 toward travel when you redeem through Chase Ultimate Rewards®. That's the kind of saving you get to enjoy with this service. Other companies often make users wait a statement cycle or until the bill has been paid.

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