Apple Updates Apple Cash Instant Transfer Terms

PYMNTS

Apple Cash customers can now use Instant Transfer with Mastercard debit cards in addition to Visa debit cards to move Apple Cash to their bank accounts. Starting August 26, the cost to make an Apple Cash Instant Transfer will be 1.5

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Apple Pay at 7: Big Fish in a Small and Shrinking In-Store Mobile Wallet Pond

PYMNTS

Apple Pay’s seven-year anniversary happens Oct. Apple Pay accounts for nearly half of all mobile wallet transactions in the United States, signaling a strong command over the U.S. of all consumers use Apple Pay to make in-store purchases — 26% fewer than last year.

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Fortnite Maker Will Appeal Apple Antitrust Ruling

PYMNTS

Epic Games, the company behind the wildly popular video game Fortnite, says it will appeal last week’s ruling in the company’s federal antitrust case against Apple, Reuters reported on Sunday (Sept.12). Read more: Apple Can’t Force In-App Purchasing.

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Apple Card Outage Disrupting Purchases

PYMNTS

Apple Card outages being reported on Wednesday (June 2) seem to be affecting people’s ability to make purchases and appear to be an ongoing issue, according to Twitter and other reports. Apple updated its System Status page at 2:14 p.m.

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Apple Buys Primephonic Classical Music Streaming Service

PYMNTS

Apple has purchased 3-year-old classical music streaming service Primephonic, according to a Monday (Aug. Apple Music subscribers will now have access to Primephonic playlists and exclusive audio content as part of the acquisition.

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Some Apple Card Users Hit Snags Placing iPhone 13 Preorders

PYMNTS

Apple Card users experienced glitches when trying to place pre-orders for the iPhone 13 series, which kicked off on Friday (Sept. Apple Pay users and people enrolled in the iPhone Upgrade Program also had trouble placing orders, according to multiple reports.

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Apple Watch Production Suspended Over Performance Issues

PYMNTS

Apple has put a pause on producing its new smartwatch because of its complicated design, Reuters reported. While Apple tries to sort out the issues and make sure the design is right, the production has been suspended temporarily, the report stated.

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AirTags, Apple Card Update Dominate Apple’s ‘Spring Loaded’ Event

PYMNTS

Apple held its virtual “Spring Loaded” event Tuesday (April 20) and delivered on what industry professionals were expecting, namely a new screen for the iPad Pro, a more feature-rich Apple TV, a refresh for the iMac and a few other goodies.

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Apple Unveils New iPhone, iPad, Watch

PYMNTS

Apple has launched several new products, including iPhone 13 Pro and iPhone 13 Pro Max , iPad mini and Apple Watch Series 7 , during its annual September event, according to company press releases on Tuesday (Sept.

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Apple defends app review, payment system to deflect Epic claims

Payments Source

Digital payments Apple

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Apple Unveils iPhone-paired Apple Card

Bank Innovation

Apple today unveiled its plans to launch a virtual credit card product with Goldman Sachs and Mastercard this summer called Apple Card, which will reside within the Wallet app on Apple devices. IoT & Wearables Payments Premium Retail Security & Risk Apple Apple Card Apple Pay Goldman Sachs Mastercard

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Security, Supply Chain Issues Overshadow Apple’s Annual Product Debuts

PYMNTS

As it has nearly every September for over a decade, Apple is preparing to unveil its newest slate of iPhones, the 13th generation overall and the second with 5G capabilities. Read more: Apple Fixes Flaw That Was Causing Software Breach Since February.

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Apple To Use Affirm In Canada For BNPL Purchases

PYMNTS

Apple intends to roll out a Buy Now, Pay Later (BNPL) service in Canada with Affirm ’s PayBright , according to Bloomberg, which sees the big tech giant branching out into other financial services. The program will be for sales of Apple devices in Canada.

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Apple Opens Payment Gates for Media Apps Like Spotify, Netflix

PYMNTS

Apple is moving to grant media apps like Netflix and Spotify the right to accept payments outside of the App Store and steer customers to their own websites instead, the Wall Street Journal (WSJ) and other news outlets reported on Thursday (Sept.

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Apple Taps Watch Head for Self-Driving Car Project

PYMNTS

Apple has asked the head of its smartwatch efforts to lead its fledgling self-driving car program. According to Bloomberg News, Kevin Lynch will take over the project following the departure of Doug Field, who left Apple for a position with Ford.

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Future Apple Watches Could Monitor Body Temp, Blood Sugar

PYMNTS

Apple is at work on future enhancements to the Apple Watch, including faster speeds and sensors to monitor body temperature and blood sugar, plus a special edition for extreme sports, Bloomberg reported on Monday (June 14), citing sources.

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Apple Expands Apple Card Testing

PYMNTS

Apple has expanded the test phase of its credit card with Goldman Sachs to its retail employees, according to a report by Bloomberg. The company, which has tens of thousands of retail workers, launched an internal beta program for the Apple Card, and it is the first major trial for the upcoming product, set to launch publicly in the summer. In addition, Apple is already discussing expanding the card into Europe.

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Apple Fixes Flaw That Was Causing Software Breach Since February

PYMNTS

Apple has put out a new security update to fix a flaw that caused a software breach for months, The Wall Street Journal (WSJ) reported Monday (Sept. Apple didn’t say whether users had been protected from the attack.

App Dev’s $200B Class Action Against Apple Moves Forward

PYMNTS

The $200 billion class action filed against Apple by App developer Primary Productions is moving forward in California with U.S. Magistrate Judge Jacqueline Scott Corley presiding, according to Apple Insider and other media.

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Apple Expands Zero Pct Apple Card Financing

PYMNTS

Apple will now be allowing 0 percent interest on financing options for several of its products, including the Mac lineup, iPad, AirPods Pro, AirPods, Apple Pencil and others, when paid for via the Apple Card.

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Apple Doubles Services Revenue

PYMNTS

Consumers might have cut back on spending during the pandemic, but that apparently didn’t apply to Apple products as the tech giant reported quarterly results Thursday (July 30) that exceeded analyst estimates across the board. Apple also reported that iPad revenue rose $6.58

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Apple Software Patch is an Indication of an Intensifying Cybersecurity Arms Race 

PYMNTS

Apple released an emergency software patch on Monday (Sept. 13) after researchers at University of Toronto’s Citizen Lab uncovered a security flaw that could allow hackers to secretly install spyware on Apple devices through iMessage without users’ knowledge.

Apple Buys Mobeewave For $100M

PYMNTS

Apple has purchased Canadian company Mobeewave , which will allow it to create mobile pay hubs out of iPhones, Bloomberg reported. The acquisition follows Apple’s pattern of buying startups to assimilate new technology into its own products.

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Apple's Paid Subscriptions Hit 700M; Up 150M Since Last Year

PYMNTS

It wasn’t just a good third quarter for Apple , but was, in fact, its best-ever as the tech giant blasted past analyst forecasts for revenue, earnings, iPhone sales, services that saw Apple nearly double its profits. “We

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Apple Card ‘scaling’ with growth rate +20%

BankInovation

Apple's new credit card is part of a basket of products that drove 33% revenue growth last quarter, the company announced yesterday. Services revenue, which includes Apple Card, climbed to $17.5 Tim Cook, Apple's CEO, made particular mention of Apple Card during […].

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Apple Lawsuit Regarding Siri to Proceed in Court

PYMNTS

A lawsuit against Apple, claiming that its Siri voice assistant violates users’ privacy, will be allowed to proceed, although a federal judge has nixed part of it, Bloomberg reported. Apple Lawsuits legal News privacy voice activation What's Hot

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Apple Pay is coming to Israel

Payments Source

Mobile wallets Apple

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Apple’s Settlement With Developers May Alter Platforms, Payment Landscapes 

PYMNTS

As reported, Apple has settled a $100 million class-action lawsuit that was brought two years ago by application developers. The settlement fundamentally changes the way Apple interacts with developers – and the ways in which developers interact with end users.

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Apple Reportedly Putting $3.6 Billion Into Kia For Apple Car Project

PYMNTS

Apple plans to invest $3.6 billion in Kia for the manufacture of the partnership's new electric Apple cars, Fox Business reported Wednesday (Feb. While both companies have declined to report, numerous reports have linked Apple to both Kia and Hyundai in terms of the projects.

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Seven Years Later, Only 6% of People with iPhones in the US Use Apple Pay In-Store When They Can

PYMNTS

9, 2014 – when Tim Cook took the stage at Apple’s WWDC and introduced Apple Pay. Reports predicted that soon, plastic cards would be a relic, and that Apple Pay at the point of sale would markedly eclipse their usage and utility. Read Also: Icahn Gets Apple Pay Math Wrong.

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Apple Card Discounts Health Apps For American Heart Month

PYMNTS

Apple is offering new discounts on health apps this month in honor of American Heart Month, according to a report from 9to5Mac. In addition, the report stated that Apple is offering Apple Watches with no APR financing for 24 months for Apple Card users.

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EU Watchdog Tells Apple That Security Issues Cannot Stifle Competition 

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Margrethe Vestager, the European Commission (EC) executive vice-president and competition commissioner, said on Friday (July 2) that Apple can’t use privacy and security concerns to stifle competitors on its App Store, Yahoo Finance reported.

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Apple Aims At Debuting Car In 2024

PYMNTS

Apple is advancing its self-driving car project, according to a Reuters report, and will look at debuting a new product by 2024 that could also come with new battery technology. If there is one company on the planet that has the resources to do that, it’s probably Apple.

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Apple, Amazon Face Antitrust Probe In Spain Over Online Sales

PYMNTS

CNMC , the Spanish watchdog, is looking into the possibility of anticompetitive practices from companies like Apple and Amazon, a report from U.S. In another investigation, the German antitrust regulator has been looking into Apple for competition law regulations.

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Apple Pay Eyeing QR Code Transactions

PYMNTS

Apple Pay users may soon be able to use a feature in the Wallet app to make payments by scanning a QR code. Since its launch, Apple Pay transactions at brick-and-mortar retailers relied on NFC and an iPhone near the payment terminal to make a contactless purchase.

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