If you're worried about the comparative safety of the upcoming Apple Pay service, you might be comforted to know that several reputable banks have expressed confidence in the service. The Daily Dot spoke with four of the banks involved in the project today — heavyweights like Chase, PNC, Navy Federal Credit Union, USAA — and all seem in agreement that Apple has something good on its hands.
Over the last few years, we've heard plenty of speculation about how Samsung and Android will trump the iPhone, yet every time Apple releases a new smartphone, the opposite seems to be true. Our Wednesday Morning Report takes a look at Samsung's quarterly profit drop, along with a peek at an iPad Air 2 dummy unit, and a new contender for the mobile payment throne. Click to read more!
Reports that PayPal was trying to cozy up with Apple for its mobile payment system are almost as old as the rumors about Apple Pay itself. We last reported on the rumors way back in January, and now a new report claims all that work came to naught. In fact, the veteran Internet payment company apparently signed a deal with Samsung to power its own fingerprint payment system for its devices.
Our Tuesday Morning Report has some good news for Americans in big cities still in search of an iPhone 6: Apple has officially announced a release in China, which should help alleviate the number of devices being purchased here and sent to the mainland for resale at a hefty profit. There's also news about the next three iOS 8 updates, and Parisians get the first public look at the forthcoming Apple Watch — so don't waste a moment, dive right in!
Yesterday we passed along a rumor that iOS 8.0.1 would be released soon to patch up a number of bugs, and, sure enough, Apple released it this morning. But the word from multiple sources is that the patch is a buggy mess than causes more problems than it solves, and Apple actually pulled the patch from its download servers not long ago. On the bright side, the update reportedly fixed the issues with HealthKit, so that's something, right?
After so long stuck in the mire, Apple's mobile payment system appears to be taking its final form quickly. Just yesterday we heard how the Cupertino giant had managed to snag lower credit card processing fees for the service from the likes of MasterCard and Visa, and now word's coming in from Re/code that retailers Walgreens and CVS plan to accept purchases made with the system once it's released.
News about Apple's rumored mobile payment initiative have been scarce over the last couple of months, but details are finally starting to emerge ahead of the company's September 9 media event. And they're worth paying attention to. According to Bank Innovation, Apple has secured lower credit card transaction fees for the service with heavyweights like Citigroup, JP Morgan Chase, Capital One, and Bank of America.
As we get closer to the fall, the news is starting to move to details of the Yosemite OS and possible new features that might show up with the iPhone 6 in iOS. And there's also good news on the horizon for iPhone users who want to switch carriers. Meanwhile, is that a patent filing regarding the iWatch? Let's take a look inside, shall we?
We've heard a lot of rumors about Apple's plans for a "digital wallet" over the last couple years (particularly after the introduction of Touch ID), but now The Information reports that we could see it much sooner than expected. According to the sources, Apple now has the framework in place to allow iPhone users to use their handsets in place of their wallets, and we could see the technology as early as this fall.
Summer is halfway over now, which means we're getting closer to finding out what the iPhone 6 will really look like — but one thing's for sure, it's going to have Touch ID, which will be tweaked slightly from the current version.