US bank CEOs fear Apple competition

News in brief

News in brief

Almost half of US bank CEOs and directors worry about potential competition from Apple, with 63% saying they don’t think their bank is ready to offer Apple Pay, findings from Bank Director’s 2015 Growth Strategy Survey reveals. Only 18% say their bank offers Apple Pay, while more than three quarters indicate plans to invest more in technology within their bank’s branch network.

Filed by This email address is being protected from spambots. You need JavaScript enabled to view it. nfcworld.com Published 3 September 2015, 12:36 • Last updated 3 September 2015, 12:36