Apple is working on a service that could compete with Venmo

Apple's plan to build its own cash transfer service in the vein of Venmo appears to be back on track. According to a report from Recode, Apple has recently held discussions with partners in the payments industry about a service that would allow iPhone owners to send money to other iPhone owners. One source tells Recode that the service could be introduced by the end of 2017, while another remains unconvinced that Apple has set the timing for either an announcement or an official release. In addi...