Thursday 26 November 2015 | RSS



    News stories featuring Apple:

    First Internet Bank enables Eyeprint ID

    September 3rd, 2015

    US-based First Internet Bank is letting customers log in to their mobile banking app by scanning their eye, using Eyeprint ID technology, rather than entering a user ID and password. “Eyeprint ID technology captures an image of the eye and matches the unique vein pattern to verify identity,” the bank says. It added support for Apple’s Touch ID in May.

    US bank CEOs fear Apple competition

    September 3rd, 2015

    Almost half of US bank CEOs and directors worry about potential competition from Apple, with 63% saying they don’t think their bank is ready to offer Apple Pay, findings from Bank Director’s 2015 Growth Strategy Survey reveals. Only 18% say their bank offers Apple Pay, while more than three quarters indicate plans to invest more in technology within their bank’s branch network.

    Apple granted NFC and Touch ID patents

    September 1st, 2015

    Apple has been granted 45 patents relating to NFC, Touch ID and Apple Watch in the US, Patently Apple reports. An NFC element “may serve as an antenna for transmitting NFC signals to external equipment” such as NFC hearing aids, POS equipment and security card readers. The Touch ID patent details a system of scanning a fingerprint’s “flow angles” as they pass over the sensor.

    Square Cash finds time for Apple Watch

    August 25th, 2015

    Square has updated its P2P mobile payment app to add support for Apple Watch. Version 2.8 of Square Cash will now allow users to send money, pay their contacts with a new contact-first interface and approve requests with a single tap.

    Apple Pay fees ‘sticking point’ for Australian banks

    August 25th, 2015

    Australia’s largest banks are reportedly in dispute with Apple over Apple Pay interchange fees. “Fees are a big sticking point in the negotiations, with big banks not willing to give Apple a slice of the A$2bn a year they earn in interchange fees,” The Sydney Morning Herald reports. “In the US, Apple is believed to earn about 15 cents of every US$100 transaction.”

    Four in five Apple Watch owners use Apple Pay

    August 24th, 2015

    Some 80% of Apple Watch owners that are eligible to use Apple Pay have already done so, research from Wristly has found, with 79% saying they prefer using the mobile payments service on their Apple… More

    Apple Pay adds 18 banks in US

    August 24th, 2015

    Apple has added a further 18 banks and credit unions to its list of financial institutions in the US supporting Apple Pay, putting the total close to 500. “Apple Pay is now available in both the US and the UK — the next country to gain support could be Canada,” Apple Insider reports, adding an announcement could be made next month.

    Apple joins NFC Forum

    August 12th, 2015

    Apple has joined the NFC Forum as a sponsor member as of August 11. “The top tier of NFC Forum membership, sponsor membership, entitles an organisation to a seat on the NFC Forum board of directors, the association’s governing body,” NFC Forum director Paula Hunter says. “We are delighted to welcome Apple to our board of directors as an NFC Forum sponsor member.”

    MCX member Rite Aid to accept Apple Pay and more

    August 12th, 2015

    US pharmacy chain Rite Aid, a member of the MCX retailer-owned mobile payments consortium, will accept Apple Pay and other mobile payment services in its stores from August 15, following its decision to stop accepting… More

    Apple Pay gets 98% satisfaction rate for in-store purchases

    August 11th, 2015

    Apple Pay has gained a 98% satisfaction rate among those that have used the mobile payments service to make an in-store payment in the US, Auriemma Consulting Group’s Marianne Berry has told NFC World, adding that… More

    Amex adds corporate cards to Apple Pay

    August 11th, 2015

    American Express is now allowing customers to add corporate credit cards to Apple Pay. “Apple Pay allows American Express card members to add their eligible corporate card and pay with their mobile devices,” Amex says. American Express added Apple Pay for consumer cards and open small business cards in late 2014.

    Apple adds 46 US banks to Apple Pay

    August 6th, 2015

    Apple has added an additional 46 banks and credit unions to its list of supporting financial institutions in the US. “The new additions increase the number of banking institutions in the US supporting Apple Pay to over 425,” MacRumors reports.

    August smart lock update lets Apple Watch users unlock their front door

    August 4th, 2015

    Smart lock maker August has updated its iOS app to allow people to unlock their front doors using an Apple Watch. The solution will also let users view a log of who has entered and… More

    Subway adds PayPal to mobile app

    July 30th, 2015

    Restaurant chain Subway is to add PayPal as a payment option in its mobile order and pay app to allow customers to make in-app and in-store payments in 27,000 US locations. PayPal One Touch will also be enabled, allowing customers to pay without typing in usernames, passwords or payment credentials. Meanwhile, Android Pay has been added as a mobile payment option alongside Apple Pay.

    Tech firms do “better job” than banks, say 24% of young Brits

    July 29th, 2015

    More than a fifth (24%) of Britons aged between 18 and 34 believe companies such as Google, Apple and Amazon would do a “better job” of providing financial products and services than banks, with 8% now choosing their bank depending on the type of mobile service it offers, research from price comparison site uSwitch reveals.

    42% of US iPhone 6 owners use Apple Pay in May and June

    July 29th, 2015

    More than two fifths of iPhone 6 and 6 Plus users reported having used Apple Pay between the end of May and mid-June, with 84% making more than three in-store transactions, the bi-monthly Apple Pay… More

    HSBC and First Direct go live with Apple Pay in UK

    July 28th, 2015

    HSBC and First Direct customers in the UK can now add their debit and credit cards to Apple Pay, allowing them to use their iPhone, Apple Watch or iPad to pay at more than 250,000 locations. The banks were a notable absence from the list of supporting financial institutions when the mobile payment service launched in the UK earlier this month.

    Visa signs up 2,300 financial institutions for Visa Token Service

    July 24th, 2015

    More than 2,300 financial institutions and banking partners have now signed up for Visa’s tokenization service with international expansion set to happen “in the fall”, Visa has revealed during a third quarter earnings call. The… More

    Apple Pay adds 35 US banks

    July 23rd, 2015

    Apple has added an additional 35 banks and credit unions to the list of US financial institutions that support Apple Pay. “Apple Pay now has over 375 participating issuers nationwide and dozens more plan to support the NFC-based mobile payment service in the future,” MacRumors reports.

    Apple Pay to hit 1.5m US locations by year end

    July 22nd, 2015

    Apple Pay is “on track” to be accepted at more than 1.5m locations across the US by the end of 2015, including at some 700 universities and colleges such as Auburn University, the University of California Irvine, Colorado State University, the University of Kentucky and the University of Oklahoma. “In the US, we’ve seen fantastic support from merchants of all sizes,” Apple CEO Tim Cook said during the company’s third quarter earnings call.

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