Apple said to be building first-party payment processing tech under codename ‘Breakout’

Under the codename “Breakout,” Apple is building its own payment processing technology and infrastructure for future financial products, part of an effort that would reduce its reliance on outside partners over time, Mark Gurman reports for Bloomberg News citing “people with knowledge of the matter.”Mark Gurman for Bloomberg News:A multiyear plan would bring a wide range of financial tasks in-house, said the people, who asked not to be identified because the plans aren&rs