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iOS 14.5 beta hints at Apple Card, finance-related features for Apple Wallet

This could definitely come in handy.

A number of code references in the iOS 14.5 beta indicate that the updated operating system arrives with new features slated for Apple Card customers.

First, Apple Card customers could get a featured codenamed “FinHealth.” This seems to indicate that it’ll offer budgeting tools via machine learning that analyze your spending. This also comes as potentially great news for Apple Card owners, as Apple doesn’t allow third-party apps to plug into Wallet for this kind of financial service given privacy concerns.

Another feature located within the beta is Apple Card Family. Codenamed “Madison,” this feature allows families to share the same Apple Card through iCloud Family Sharing. The card owner can invite others to use it and can track everyone’s spending through Wallet. The owner can set a spending limit for each user and there will be options for parents to monitor their kids’ use of the card.

As always, stay tuned for additional details as they become available.

Via The Mac Observer and 9to5Mac