Apple has all the ingredients to cook up a massive mobile...

Apple has all the ingredients to cook up a massive mobile payment system, Morgan Stanley says

Richard Byrne Reilly, venturebeat.com

Apple may be gear­ing up to build its own pro­pri­etary mobile pay­ment sys­tem.

That’s accord­ing to a study titled “Mobile Pay­ments — Blue Paper Revis­it, EMV in Focus” from Mor­gan Stan­ley’s Research group in Europe. The study was obtained …