News about AppleInsider.
March 1st, 2017
Apple CEO Tim Cook told attendees at the company’s annual shareholder meeting this week that Apple Pay “hit an air pocket” this year with adoption in the US trailing other countries, such as China and Australia, where NFC is more broadly available, AppleInsider reports from the event.
February 15th, 2017
A patent shows Apple is working on a “micro-LED active matrix display panel” that would allow a fingerprint scanner to be integrated into an iPhone touchscreen and could eventually replace the current Touch ID button. “The ability to detect an object’s surface profile while the display panel is not emitting visible light enables the display panel to detect a user’s fingerprint to unlock a mobile device when the display panel appears to be off,” the application says.
December 16th, 2016
US airline United Airlines, domain name provider GoDaddy and donation platform Causemo are among the latest businesses offering Apple Pay, Apple Insider reports. United is supporting Apple Pay in its iOS app, GoDaddy is offering Apple Pay to merchants operating online stores, while Causemo is activating web-based Apple Pay. Some 35% of US retailers now support Apple Pay, its chief Jennifer Bailey has revealed.
November 2nd, 2016
Apple has added nine more financial institutions in Russia which support Apple Pay, AppleInsider reports. The new backers are Tinkoff Bank, Bank Saint Petersburg, Raiffeisenbank, Yandex.Money, Alfa-Bank, MTS Bank, VTB 24, Rocketbank and MDM Bank. Apple Pay went live in Russia last month, initially supported by Mastercard and Sberbank.
October 19th, 2016
Apple has added 24 banks and credit unions to its list of Apple Pay supporting financial institutions in the US, AppleInsider reports. The mobile payment service is now also supported in British Airways’ mobile app, allowing Apple Pay users in the UK to book and pay for flights directly from their mobile phone.
September 8th, 2016
Apple Pay is preparing to launch in New Zealand with support from ANZ Bank New Zealand. “The payment system will work with Visa credit and debit cards issued by ANZ,” Stuff reports. “A release date has not been announced, but it is expected to arrive before the end of the year.” The service is also expected to launch in Russia, according to AppleInsider. A start date has not yet been announced. Apple Pay will arrive in Japan with Sony FeliCa technology next month.
August 24th, 2016
Apple has added an additional 37 banks and credit unions to its list of Apple Pay supporting financial institutions in the US. The Bank of East Asia and Hong Kong Telekom’s (HKT) Tap & Go have also been added to the list for the Asia-Pacific region. “Both banks are incentivizing users to sign up with promotions rewarding users for repeated use of the service,” AppleInsider reports.
August 11th, 2016
Apple has added a further 23 banks and credit unions to its list of Apple Pay supporting financial institutions in the US, AppleInsider reports. The expansion follows last week’s announcement of support from Canadian banks Tangerine and President’s Choice Financial.
July 13th, 2016
US pharmacy chain CVS is testing support for Apple Pay and is “evaluating” mobile payment options, according to AppleInsider. “Accounts of miscellaneous CVS locations accepting Apple Pay transactions have occurred for about a month on Twitter, and a tip received by AppleInsider suggests transactions are working at a location in Key West, Florida,” the publication reports. CVS is a member of US retailer-led consortium MCX, which ended its CurrentC mobile wallet pilots in June 2016. The pharmacy chain also turned off support for NFC in the wake of Apple Pay’s launch in October 2014.
July 4th, 2016
US retailers are offering discounts on in-app purchases made through Apple Pay until September as part of a recently launched iOS App Store promotion. “Hotel Tonight is offering a US$25 coupon for new customer bookings paid for with Apple Pay, while GrubHub is taking $10 off first-time orders,” AppleInsider reports. “Other notables include Ticketmaster, which is knocking 25% off ticket four-packs to select events, a $10 voucher for future purchases from Under Armour‘s UA Shop.”
June 22nd, 2016
PayPal will “hurt” from the launch of Apple Pay on the web, according to Piper Jaffray analyst Gene Munster. “Munster has confidence in merchant adoption of Apple Pay for the web, predicting that as many as 43% of PayPal’s merchants will accept Apple Pay at launch,” AppleInsider reports. “He believes that PayPal may be hurt, in part, by the fact that it does not feature a customer loyalty program.” Apple announced its plans to launch Apple Pay for online payments at WWDC last week.
June 22nd, 2016
Apple has added a further 44 banks and credit unions to the list of US financial institutions that support Apple Pay. “Today’s buildout includes a number of medium size financial institutions, many of which are regional credit unions and small banks,” AppleInsider reports.
January 25th, 2016
Apple Pay is “overwhelmingly the share leader” in point-of-sale mobile payments across the US despite uptake remaining relatively low, the latest statistics from Piper Jaffray’s Apple Pay adoption tracker show. “Analyst Gene Munster expects numbers to rise in 2016 as Apple integrates attractive new features like P2P payments and in-browser integration,” AppleInsider reports.
December 3rd, 2015
Apple has added another 40 banks to its list of Apple Pay supporting financial institutions in the US, bringing the total close to 800. “As has become common in recent months, most of today’s additions are smaller regional institutions, rather than nationwide businesses,” AppleInsider reports.
October 14th, 2015
Apple has added 29 more banks and credit unions to its list of Apple Pay supporting financial institutions in the US. “Perhaps the most significant inclusion being Scottrade, the nationwide trading and investments firm,” AppleInsider reports. “Some other notable additions include the Los Angeles Police Federal Credit Union, the multi-state Arvest Bank, and the Austin-area Velocity Credit Union.”
September 16th, 2015
Apple has added 46 banks and credit unions to its list of Apple Pay supporting financial institutions in the US, taking the total to more than 500. “Some important firms in the update include Citizens Bank, E-Trade Bank and the credit unions for MIT, Johns Hopkins and McGraw-Hill,” Apple Insider reports.
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.
July 16th, 2015
HSBC will add support for Apple Pay within the next two weeks, the bank has revealed. “HSBC’s surprising absence from Apple Pay’s UK launch will not last much longer, with final testing underway and availability said to come within two weeks,” AppleInsider reports. The bank was expected to be one of Apple Pay’s launch partners when the expansion was announced in June.
May 28th, 2015
US discount retail giant Target has become the latest member of retailer-led consortium MCX to reveal its intentions to support Apple Pay, following Best Buy’s announcement that it will roll out support for the NFC mobile payments service this year. “Target CEO Brian Cornell on Wednesday said his company wants to integrate Apple Pay across its retail chain, but must first install POS technology with chip-and-pin or chip-and-signature technology,” Apple Insider reports. MCX requires members to exclusively support its own yet-to-launch CurrentC mobile payments service.
May 27th, 2015
The Apple Store app for iOS has been updated with two-step authentication, meaning users will now need to enter both a password and a verification code sent to a trusted device before they can complete a purchase. Version 3.3 also lets users confirm their identity via Touch ID before gaining access to their order history and EasyPay receipts, or making reservations at brick-and-mortar Apple Stores, according to AppleInsider.