Description: Thanks to Apple, the iPhone is hardly used as a phone at all. The same thing may very well happen to our wallets — forcing established credit card companies to change the way they do business.

Source: CNBC.com – video report

Date: Mar 26, 2019

Link: https://www.cnbc.com/2019/03/26/apples-move-into-banking-raises-the-bar-for-fintech-credit-cards.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail

Questions for discussion:

• What are the competitive advantages for Apple in this market?
• How well do you think Apple will be received by the market?
• How can other cards respond?