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AFP Payments: Apple Pay Insights for Treasury and Finance

  • By Andrew Deichler
  • Published: 9/18/2014

With 800 million global iTunes users, many analysts have speculated for years that Apple introducing a digital wallet could be the catalyst that finally brings mobile payments into the mainstream. However, others have cautioned that it’s still too early to crown it the mobile payments king. We take a look at both sides of the argument, and see how it all pertains to corporate treasurers. Also this month, we take an in-depth look at the Home Depot breach that is currently causing panic in the retail sector. With 60 million cardholders potentially affected, this breach could be even bigger than Target. Elsewhere in this issue, NACHA amends its operating rules to reduce exceptions and returns, the Merchant Customer Exchange unveils its new payments network, and more.

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