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Re:iPhone Sales Drop, and Apple’s 13-Year Surge Ebbs by mongol on Tuesday April 26, 2016 @05:44PM (#11575946)
Can Apple become a bank?
Re:iPhone Sales Drop, and Apple’s 13-Year Surge Ebbs by qaq on Tuesday April 26, 2016 @06:07PM (#11576121)
They can buy any +/- any bank
Re:iPhone Sales Drop, and Apple’s 13-Year Surge Ebbs by kpil on Tuesday April 26, 2016 @06:42PM (#11576372)
I think it's more cost effective to start a new bank.

But why would they. It's a lot of trouble, and being a bank gives you the right to lend in money from the public.

It's still possible to provide payment services without being a bank.

I think they could more or less buy VISA and pay in cash, and that makes more sense if you want to make money on retail payments.

Re:iPhone Sales Drop, and Apple’s 13-Year Surge Ebbs by qaq on Tuesday April 26, 2016 @09:48PM (#11577269)
I am not advocating that Apple needs to buy a bank, just noting that they have resources to buy pretty much any bank.