Apple expands Apple Pay Cash beta testing to employee base

Posted by:
Date: Monday, October 16th, 2017, 05:21
Category: Apple Pay, Apple Pay Cash, Finance, iOS, News, Software, watchOS

Apple has reportedly expanded an internal test of its forthcoming Apple Pay Cash technology to include its retail employees, which suggests that it may be ready for public release in the near future.

Apple began rolling out the feature to retail employees today, asking workers to install the latest iOS 11.1 beta and a special device certificate in order to enable the P2P function. Employees taking part in the internal evaluation are required to whitelist iCloud accounts in order to use the service.

Signs of the expanded Apple Pay Cash test emerged last week when select corporate staff were granted access to the upcoming feature.

(more…)

Wells Fargo adds Apple Pay functionality to more than 5,000 ATMs across the U.S.

Posted by:
Date: Wednesday, October 11th, 2017, 05:25
Category: Apple Pay, Finance, News

You can now use Apple Pay at more than 5,000 Wells Fargo ATMs throughout the United States.

The bank announced the technology on Tuesday, wherein customers can initiate an ATM transaction by holding their smartphone or wearable device with mobile payment functionality near an NFC-enabled ATM terminal and inputting their PIN.

Supported digital wallets include Apple Pay, Android Pay, Samsung Pay, and the bank’s own Wells Fargo Wallet for Android.

(more…)

Verizon reveals that all 3 billion existing Yahoo accounts were breached in 2013 attack

Posted by:
Date: Wednesday, October 4th, 2017, 05:45
Category: Finance, Hack, News, security

If you had a Yahoo account in 2013, there’s a 100 percent chance that you were hacked.

Yahoo’s parent company has revealed that the massive data breach that occurred in August of 2013 affective all three billion Yahoo accounts that existed at the time.

Previously, Yahoo said the hack affected 1 billion accounts, or a third of all accounts. Verizon now says new intelligence suggests the attack was much larger, compromising all Yahoo accounts in 2013.

(more…)

Apple to hold Q4 2017 earnings call on November 2nd

Posted by:
Date: Tuesday, October 3rd, 2017, 05:18
Category: Finance, News

Apple’s next financial earnings report is slated for November 2nd.

The company announced that it will hold its Q4 2017 earnings call on November 2nd with a call following shortly thereafter at 2PM PT/5PM ET.

Apple reported revenue of $45.5 billion last quarter on sales of 41 million iPhones, 11.4 million iPads, and 4.29 million Macs. The Q4 2017 earnings release will offer a first look at iPhone 8 sales and will see Apple share guidance for the holiday season. That guidance should be notable with the looming iPhone X release and the supply issues that plague it.

(more…)

Apple Pay expands to 22 additional U.S. institutions, available in more Russian, Chinese, U.K. banks

Posted by:
Date: Wednesday, August 16th, 2017, 05:23
Category: Apple Pay, Finance, iOS, News

If you’re traveling in Russia, China or just looking for additional U.S. banks that support Apple Pay, you’ll like this.

In recent days, Apple added Australia’s Latitude Financial Services and RACQ to the roster of banks and institutions that support Apple Pay. In China, six institutions — Beijing Rural Commercial Bank, Haikou Rural Commercial Bank, Jiangsu Jiangnan Rural Commercial Bank, Jiangsu Jiangyin Rural, Commercial Bank, Shengjing Bank and Yunnan Rural Credit Cooperatives activated Apple Pay while Dahsing Bank in Hong Kong jumped on board with support for issued Mastercard and Visa credit cards.

Apple Pay also went live for a number of Russian institutions this month with Bank “Devon-Credit,” Credit Union “Payment Center” Ltd. (Mastercard Prepaid cards), Khlynov, Kuban Credit, Levoberezhny, Primsotcbank and Sovcombank activating Apple Pay within the past two weeks.

(more…)

Apple posts $45.4 billion in revenue, $8.7 billion profit in Q3 2017 financial report

Posted by:
Date: Wednesday, August 2nd, 2017, 05:55
Category: Apple Watch, Finance, Google, iPad, iPhone, News, retail

Apple’s financial returns are in for the third quarter of 2017, the company boasting an $8.7 billon profit and $45.4 billion in revenue on strong iPhone, iPad and Mac sales.

The company offered the following highlights in its conference call with analysts:

Apple has surpassed 1.2 billion cumulative iPhones sold, and the iPhone 7 series continues to be a strong performer.

iPad grew for the first time in 4 years, and U.S. education market sales of iPad were up more than 30 percent.

(more…)

J.P. Morgan analyst predicts September launch for next-gen iPhone, units to be available in lower quantities

Posted by:
Date: Thursday, July 20th, 2017, 05:18
Category: Finance, Hardware, iPhone, retail, Rumor, Touch ID

He’s straying from the pack a bit, but analyst Rod Hall of J.P. Morgan has offered a statement predicting that Apple will continue to support the concept of a “super cycle” after the “iPhone 7s” family and “iPhone 8” launch. However, because of possible OLED screen issues related to Touch ID, launch quantities will likely be constrained.

The original J.P. Morgan estimates had predicted that Apple would have 9 million “iPhone 8” units available for launch and for sale before the end of September. Instead, Hall has predicted that the actual number is now closer to 2 million because of unspecified production problems, and has shifted quarterly unit forecasts accordingly.

(more…)

Apple Pay expanded to 27 additional U.S. banks, new options available in China, Italy, Russia and Ireland

Posted by:
Date: Wednesday, July 19th, 2017, 05:37
Category: Apple Pay, Finance, News

This could come in handy.

Apple on Tuesday added 27 U.S. banks and credit unions to the Apple Pay roster, while simultaneously bringing the platform to additional options in China, Italy, Ireland, and Russia.

The banks and credit union additions, as usual, are largely regional, while the international additions include AIB in Ireland, American Express in Italy, and bank Round, Beeline Card, Credit Union, Kykyryza, and Promsvyazbank in Russia. New Chinese entries include Guilin Bank, Hunan Rural Credit Cooperative, JinCheng Bank, Shanghai Rural Commercial Bank, Sichuan Rural Credit Union, SiChuan TianFu Bank, and Yibin City Commercial Bank.

(more…)

Apple to announce Q3 2017 financial returns on August 1st

Posted by:
Date: Thursday, July 6th, 2017, 05:57
Category: Finance, News

If you want to know how Apple’s doing financially, check in on August 1st.

Apple on Wednesday announced that it will reveal quarterly earnings for the third fiscal quarter of 2017, traditionally the slowest sales period of the year for the company.

The upcoming earnings report is to be followed by a live-streamed conference call Tuesday, Aug. 1, at 2 p.m. Pacific, 5 p.m. Eastern. As usual, Apple CEO Tim Cook and CFO Luca Maestri are expected to provide commentary on the performance metrics and field questions from investment analysts.

(more…)

Rumor: Apple acquires SensoMotoric Instruments

Posted by:
Date: Tuesday, June 27th, 2017, 05:57
Category: Finance, iOS, Rumor, Software

It’s not confirmed yet, but Apple may have acquired an eye tracking technology company called SensoMotoric Instruments. The report is based on legal activity discovered through a shell company and Apple attorney Gene Levoff.

SensoMotoric Instruments was technically acquired by Venture Capital Corporation, which is purported to be connected to Apple. The current acquisition papers list the deal through Cupertino, California and any anonymous source stated that the deal closed today.

Based on information still listed on SMI’s website, the company envisions its eye tracking technology being used in “PCs to cars, and industrial processes.”

(more…)