MasterCard

Apple's minimalist titanium credit card

Apple's new credit card on screen at Apple launch event, with Apple VP Jennifer Bailey
Apple VP Jennifer Bailey introduces the Apple Card at Apple's Monday event. Screenshot from Apple video

Most Apple products are expensive. You want them, but you hate how much you're forced to pay for them. They often use premium materials, too. When the titanium PowerBook was launched in January 2001, it started at $2,599 — $3,750 in today's dollars. The titanium Apple Card, by contrast, launched Monday with great fanfare, is entirely free.

Why it matters: This is an ambitious attempt by both Goldman and Apple to break into the world of consumer finance. But gaining significant market share from the giants in the space will not be easy.

Mastercard's technology helps immunize the world's poorest children

A credit card reader giving a clean bill of health
Illustration: Lazaro Gamio/Axios

Mastercard’s main business is providing payments card technology, but it turns out that the same tech can be used for much higher purposes: saving lives in some of the poorest countries in the world.

The big picture: Thanks to a partnership between Mastercard and Gavi, the global vaccination alliance, children will be given a "digital birth certificate" that looks a lot like a standard credit card. That card can then be taken into any clinic, which will be able to see exactly which vaccinations the child has received and which shots are still needed.