Apple to Scrutinize Customer History for New 'Buy Now, Pay Later … – Bloomberg

Bloomberg Daybreak Middle East. Live from Dubai, connecting Asian markets to the European opens. The show will focus on global macro issues with a middle eastern context, provide expert analysis of major market moving stories and speak with the biggest newsmakers in the region.
A live simulcast of Bloomberg Television.
Golf’s Greatest Holes: Golfing legend Paul McGinley takes television presenter Chris Hollins on a tour of the best golf courses in Ireland and Northern Ireland.
Hong Kong Broadcaster TVB Surges by Record on Live-Stream Sales
Only Drug to Prevent Preterm Births Will Be Pulled from US Market
Andy Haldane Says BOE Should Move Cautiously on UK Rate Hikes
Powell’s Shift on Rate Hikes Comes as Officials Prepare for March Meeting
Wage Hikes at Japan’s Small Firms Closely Watched for BOJ Clues
JetBlue’s New York-to-Paris Flights Are 60% Cheaper Than Delta, American
End of Coal Power in Australia Is Spurring a Battery Bonanza
China Bears Brunt of Asia Tech Selloff After Hawkish Powell Talk
Sea Founder Reaps $915 Million One-Day Gain With Surprise Profit
Israel Blames Iran-Backed Hackers for Recent University Breach
House Republicans Escalate Demands on Hunter Biden Documents
House Speaker Kevin McCarthy Confirms US Meeting With Taiwan President
Tom Love, Billionaire Founder of Truck Stop Chain, Dies at 85
It Turns Out Money Does Buy Happiness, At Least Up to $500,000
JetBlue’s New York-to-Paris Flights Are 60% Cheaper Than Delta, American
Major League Rugby Seeks $100 Million to Fuel North American Growth
Rishi Sunak Can’t Pretend Childcare Is a Niche Issue Anymore
Putin and Saddam Hussein Have a Lot in Common
A Treaty to Protect the World’s Oceans Enriches Us All
Tech Layoffs Are Bad News for MBA Grads Seeking Jobs
Silicon Valley’s Obsession With Killer Rogue AI Helps Bury Bad Behavior
The Debt Ceiling Is the Risk Wall Street Doesn’t Want to Think About
China Cracks Down on Costly ‘Bride Price’ Custom to Boost Falling Birth Rate
Nearly 200,000 More Women Worked in UK Finance in 1997 Than 2022
South Korea’s NH Eyes Carbon Credits From Coffee and Cow Manure
Carlyle Sees Green Ammonia in Energy Transition’s Next Phase
Uncovered and Unbowed, Women Keep Iran’s Protests Alive
These Are the Cities With the Most Super-Rich Homeowners
One of Japan’s Most Revered Architects Says the World Should Build Less
How The FTX Collapse Shook The Bahamas
This Week in Crypto: Ukraine War, Marathon Digital, FTX
Mark Gurman
Subscriber Benefit
Subscribe
With Apple Inc. pushing into the lending business with a “buy now, pay later” service, the company is laying out rules for how it will approve transactions. One key factor: whether you’ve been a good customer in the past. 
The Apple Pay Later service — announced last year but still in the testing phase — will evaluate borrowers based on their spending history and even which of the company’s devices they own. The program, which lets shoppers make purchases and then pay over installments, also will look at whether customers have applied for an Apple Card credit card and the other cards they have linked to their Apple Pay accounts.

source