I think that it makes sense to have a digital currency for Apple customers, issued by Apple. Could facilitate P2P payments, commerce, and international trade for millions on day 1. https://t.co/2qsoBWMhDA

— Jason Karsh (@jasonkarsh) February 21, 2019

Your financial life is run through Apple is certainly one way to deepen your moat https://t.co/VDzbRv3UYu

— Christopher Mims ? (@mims) February 21, 2019

That’s one way to destroy your brand https://t.co/CsoEvlJKZt

— ❤️ (@umairh) February 21, 2019

Countdown to anti-trust suit begins now (mostly because Apple Pay is so freakin’ good) https://t.co/GqtbcysDeN

— Dave Mongan? (@dmongan) February 21, 2019

"The companies hope to lure cardholders by offering them extra features on Apple’s Wallet app, which will let them set spending goals, track their rewards and manage their balances, the people said."

LOL ... "them" isn't referring to the customers.https://t.co/KPsT6aKjAs

— Ben Hunt (@EpsilonTheory) February 21, 2019

all large consumer brands are slowing heading towards fintech. big announcement in @WSJ about Apple & GS teaming up: https://t.co/URAvpZxxSH @rudegeair

— Brendan Dickinson (@bdickins) February 22, 2019

So Apple wants interchange! How will other issuers respond? Does ApplePay have the adoption rate to give Apple leverage? (Ask PayPal about this.) These things can get very ugly very quickly....staying tuned via @trippmickle @lizrhoffman @rudegeair https://t.co/inYLHHbqSr

— Telis Demos (@telisdemos) February 21, 2019

I keep saying, Apple is heading toward banking. Given they want to include hardware as a service it makes sense. https://t.co/qiG69nyUXo

— Ben Bajarin (@BenBajarin) February 21, 2019

Samsung rushes out a foldable debit card w three cameras https://t.co/7p8EzsCHDc

— ??‍?☕️ (@hunterwalk) February 21, 2019

Before Apple Pay launched, people worried it would disrupt MA/V. But it ended up just making it easier for people to use their MA/V cards. Now Apple is actually launching their own credit card and it’s a Mastercard. https://t.co/KY3jiF6QwD

— Ensemble Capital (@IntrinsicInv) February 21, 2019

FinTech takeover continues. Not playing rewards game is a huge miss. Apple has an opp to offer such a unique rewards program through deep linking across its ecosystem + local offers/geo. If they refuse to play I think this works for debit, but not credithttps://t.co/zkb8469Fth

— Michael B. Gilroy (@MBGilroy) February 22, 2019

Today’s reminder that the privacy conversation, especially in Silicon Valley, is very different than it was 1+ yrs ago when Apple and Goldman started talking https://t.co/glciIJNt88 pic.twitter.com/oxFVqSx4gd

— Liz Hoffman (@lizrhoffman) February 21, 2019

Fascinating partnership between @apple & GS. Looking for revenue through a digitally encompassing financial management platform in the iPhone garden. Wonder how that squares with the biz model. Could very easily become predatory. https://t.co/e0U0vMUX5b

— Maya Zehavi (@mayazi) February 21, 2019

Sounds like a new Wallet app with built-in budgeting features/spending stats will be an iOS 13 announcement then? https://t.co/EDWuiu2gTM pic.twitter.com/nwziw19cik

— Federico Viticci (@viticci) February 21, 2019

“Maybe if this works out well, they can start making payday loans at Apple stores”, amen. Very unbecoming to think of Apple as an active participant in the American debt treadmill system ? https://t.co/OGEICbkVot

— DHH (@dhh) February 22, 2019

Apple & Goldman Sachs are teaming up to offer a credit card paired with new iPhone features. This makes financial sense for both Apple & GS as long as enough customers sign up, which will be interesting to see given privacy (among other) concerns. https://t.co/NelOoqetem

— Lisa Abramowicz (@lisaabramowicz1) February 21, 2019

Because the absolute best part of shopping anywhere these days is having the store credit card pushed on you at checkout. https://t.co/Q24bLqFooe

— Nick Heer (@nickheer) February 21, 2019

Apple now teaming up with the most hated firm finance. The optics of this are so bad. https://t.co/XLfBQgM0ze

— Dan Tregembo (@dantregembo) February 21, 2019

I think it was clear that Apple using existing banks/card providers was just a trial ballon, with a view to take the full market over.

Imagine getting a cut, even a super tiny one, on EVERY payment. Would make even iPhone small potatoes. https://t.co/PDcJVQBGbL

— Fabien Marry ✏️ (@Fabien_UX) February 21, 2019

Remember when people said Apple could essentially become a bank? Baby steps... Some of the features here will be exciting in America, but are easy to access via Monzo, Starling, N26 etc in Europe already. https://t.co/DTS6HSlR1W

— Martin Bryant (@MartinSFP) February 21, 2019

? Apple is blazing the “be a bank” path after all https://t.co/FW7N0OrVL3

— Christopher Mims ? (@mims) February 21, 2019

Because, you know, Goldman Sachs is totally about you. Well, screwing you, that is: https://t.co/Yo2dvOK5gg What's next? Resurrecting Lehman Brothers for the Stocks app branding? https://t.co/t5YdCPRcqX

— ☠ Maggot 'welcome to the dystopia' McFear ☠ (@tankgrrl) February 21, 2019

Fire from @gruber: "Maybe if this works out well, they can start making payday loans at Apple stores.”

As Apple gets into banking, cable-esque TV bundling, etc, it enters spaces where consumers HATE the companies providing those services. Real risk.https://t.co/8PBskzRIud

— Dieter Bohn (@backlon) February 21, 2019

“Maybe if this works out well, they can start making payday loans at Apple stores”, amen. Very unbecoming to think of Apple as an active participant in the American debt treadmill system ? https://t.co/OGEICbkVot

— DHH (@dhh) February 22, 2019