Apple Pay VP Jennifer Bailey Talks Wallet, More

Jennifer Bailey, the Vice President of Apple Pay at Apple (NASDAQ:AAPL), participated in Money 20/20 USA this week, sharing some information regarding the tech firm’s Fintech venture. As reported by 9to5Mac, Bailey noted that Apple Pay reduces fraud by over 60%, better than most traditional payment methods. At times, fraud prevention spikes to 90%.At the same time, Apple Pay is now accepted at 90% of retailers in the US, growing significantly in the past 10 years. Internationally, Apple Pay is accepted in 8 ...