Apple Pay's launch coincided with the start of SourceMedia's PayThink conference in Phoenix, where executives from many banks and other financial companies provided their impressions of Apple's new mobile wallet. (Image: Bloomberg News)
Is Apple a Friend...?
USAA's Neff Hudson praised Apple for its strategy of "preserving the current system" and working with banks. This approach was "far different" from the strategies of other mobile wallet makers, he said.