[herghost]

Why not financial services?

There's a handful of small players testing the banking regulations now (like Mondo) to get authorised as basically "iPhone banks" - modern, mobile, without the legacy and technical debt.

With Apple Pay (and their $billion reserves) Apple could conceivably sweep in and buy up these newly regulated challenger-banks and buy their way into FS overnight.

[tomelders]

Thanks to all those banks that have seeded Apple Pay with more customers than they could possibly have hoped for.

I don't know if Apple are thinking along these lines, but I do know that it's a great idea either way.