Apple Pay Tussle Presages Long Fight Over Mobile Payments

The decision by CVS Health Corp. and Rite Aid Corp. to block Apple Inc.’s mobile-payment technology presages a long fight over the fees and customer data collected when people use smartphones to buy stuff.

Source: www.bloomberg.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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