C Sep 2024 40.000 call
- Yahoo Finance Video
Apple dumps 'Apple Pay Later' for new BNPL partnerships
Apple (AAPL) has announced its decision to scrap its buy now, pay later feature. The service, named "Apple Pay Later," which was launched just last fall, will now be replaced by the tech giant's new buy now, pay later partnerships with industry heavyweights Affirm (AFRM) and Citi (C), set to be unveiled in the fall of 2024. Yahoo Finance's Madison Mills breaks down the details. Catch Yahoo Finance's full interview with Affirm founder and CEO Max Levchin as part of the Opening Bid with Brian Sozzi. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith.
- Yahoo Finance
Citigroup is 'no longer the financial supermarket of the past': Fraser
Citigroup CEO Jane Fraser told investors Tuesday that an empire her bank amassed in the 1990s is no more as she tried to shift their focus to the bank's "crown jewel."
- Barrons.com
Citi Stock Gains as Bank Showcases an Overlooked Business
Offerings like wealth management and investment banking have higher profiles, but the services business drove half of the bank’s net income in 2023.
