Apple unlocks iPhone payments in a landmark EU deal 🍎🇪🇺; Small banks are embracing AI to enhance personal touch, not replace it 🤌🏦

FinTech is Eating the World, 11 July

Hey Everyone,

Happy Thursday! Today we’re going to look at Apple that just unlocked iPhone payments in a landmark EU deal (what it’s all about & what’s next + a bonus deep dive into Apple & Apple Intelligence), and small banks that are embracing AI to enhance personal touch but not replace it (a quick look at how small banks are successfully leveraging AI + some bonus reads on AI in Finance). Let’s just jump straight into the interesting stuff 🌶

Apple unlocks iPhone payments in a landmark EU deal 🍎🇪🇺

The BIG news 🗞️ Tech titan Apple AAPL 0.00%↑ has just reached a landmark agreement with European Union regulators to open up its mobile payment system to rival companies, marking a significant shift in the tech giant's approach to competition in the digital payments space.

Let’s take a closer look at this, see what it’s all about and what’s next.