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Unlocking Apple’s NFC: Is it time for your banking app to become a full digital wallet?

Accenture

In October 2024, Apple is set to open its NFC (Near-Field Communication) technology using the Secure Element (SE) to third-party platforms, ushering in a new era of competition and innovation in digital wallets. appeared first on Accenture Banking Blog.

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Unlocking Apple’s NFC: Is it time for your banking app to become a full digital wallet?

Accenture

In October 2024, Apple is set to open its NFC (Near-Field Communication) technology using the Secure Element (SE) to third-party platforms, ushering in a new era of competition and innovation in digital wallets. appeared first on Accenture Banking Blog.

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EU Could Force Apple To Share Payments Tech With Competitors

PYMNTS

The European Union (EU) could pass new laws that would make it mandatory for Apple to share the payments technology in its iPhones, according to a report from Bloomberg. The EU earlier this summer said its antitrust probe would look into both the App Store and Apple Pay.

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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. Project Titan, the Apple automotive effort, has been working on a self-driving vehicle sporadically since 2014, working from scratch.

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Mastercard’s Tokenization, and Consumer Choice, Made Digital-First Apple Card Possible

Bank Innovation

Mastercard’s tokenization technology made the digital-first Apple Card possible, but purely from a technological standpoint, Jorn Lambert, EVP, Digital Solutions at Mastercard, told Bank Innovation. Apple last month unveiled its plans to launch […].

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Apple Loses A Key Retail Innovator

PYMNTS

It often seems that technology makes retail innovation. It can be easy to forget that people are behind those innovations. For those who haven’t heard, Ive, the chief design officer for Apple, is leaving the company. Apple will be a client, the company has confirmed. He had worked at Apple for more than 20 years.”.

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Advancing Retail And Education With Digital Technology 

PYMNTS

In payment methods, Circle K announced a cashierless checkout pilot as convenience stores advance retail innovations. And in education, Google and Apple are facilitating students’ return to class with the help of technology. All this, Today in Data. 7.3K: Minimum number of Circle K stores in operation in the U.S.