Apple is extending its payment services to the internet, enabling shoppers to use its Safari browser to make payments by touching the fingerprint reader on their iPhones, Finextra reports. Participating online merchants will display a "Pay with Apple Pay" button at the checkout. Shoppers will be asked to authenticate their purchase using Touch ID. A New York federal judge has ordered former JPMorgan Chase & Co adviser Michael Oppenheim to pay US$27 million in restitution to clients of the megabank.  The US legal news service Law360 reports that this sentence is in addition to a five-year prison sentence imposed on Oppenheim earlier this year, which followed his guilty plea to embezzlement and securities fraud in November, sparked by a gambling addiction that cost more than US$20 million over several years. Two boutique banks elbowed aside competitors to lay claim to millions in fees on LinkedIn's US$26 billion sale to Microsoft, in the process taking a big bite out of Wall Street's top line, reports CNBC. The banks, each with "just a few dozen staffers", are Qatalyst Partners and Allen & Co, and will share fees of US$40 million to $45 million for helping LinkedIn secure a premium of nearly 50 per cent on its stock price. Since June 2015, 68 per cent of deals valued at US$10 billion or more had a boutique bank advising - a trend that has shown Wall Street what "disruptive" really means. The New York State Department of Financial Services has approved the request from Ripple Labs to be the first BitLicense from that jurisdiction for the institutional use of digital assets. This virtual currency license is for XRP II LLC, an affiliate of currency transfer platform Ripple Labs Inc. The firm, which derives its name from Ripple's own digital currency, XRP, aiming to improve currency liquidity and lower the capital costs of cross-border payments. Instead of holding local currency in accounts around the world, banks can use the Ripple network to consolidate their liquidity for global payments.