What new features should a bank be interested in?

A bank should be particularly interested in the following new features presented at WWDC:

1. FinanceKit:

   • Ongoing Access Control: When an app requests access to financial data, users can choose which accounts to share and select the earliest sharing date. This allows users to share only relevant data, enhancing privacy and control (What’s new in privacy).
   • Transaction Picker: This feature allows users to share specific transactions rather than all financial data, providing a more tailored and privacy-conscious approach (Meet FinanceKit).
   • Query APIs: These APIs provide asynchronous access to financial data, allowing for efficient data processing and ongoing access with user consent (Meet FinanceKit).

2. Apple Pay Enhancements:

   • Apple Pay on the Web: With iOS 18, users can use Apple Pay on any non-Safari browser by scanning a code with their iPhone, improving conversion performance and extending the user experience to more devices (What’s new in Wallet and Apple Pay).
   • Funds Transfer Capabilities: Expanded to the web, allowing users to withdraw money from a stored value or bank account to any user card registered with Apple Pay (What’s new in Wallet and Apple Pay).

3. App Store Connect Enhancements:

   • App Analytics Reports: New reports available through the App Store Connect API can help banks analyze app engagement, downloads, sales, and usage to find opportunities for improvement (What’s new in App Store Connect).

Relevant Sessions:

1. What’s new in privacy
2. Meet FinanceKit
3. What’s new in Wallet and Apple Pay
4. What’s new in App Store Connect

These features can help banks enhance their app functionalities, improve user privacy, and provide a better user experience.