What new features should a bank be interested in?

Generated on 8/1/2024

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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.

What’s new in Wallet and Apple Pay

What’s new in Wallet and Apple Pay

Take passes and payments to the next level with new enhancements to Wallet and Apple Pay. Make your event tickets shine with rich pass designs in Wallet, and bring great Apple Pay experiences to even more people with third-party browser support. We’ll also look at how to disburse funds with Apple Pay on the Web and highlight new API changes that help you integrate Apple Pay into even more purchasing flows.

What’s new in App Store Connect

What’s new in App Store Connect

Explore new features for discovery, testing, and marketing. Find out how to nominate your apps for featuring on the App Store, share exciting moments (like a version launch) with marketing assets generated for you, deep link to specific content in your app from custom product pages, use the latest enhancements to TestFlight, and more.

Introducing enterprise APIs for visionOS

Introducing enterprise APIs for visionOS

Find out how you can use new enterprise APIs for visionOS to create spatial experiences that enhance employee and customer productivity on Apple Vision Pro.

Meet FinanceKit

Meet FinanceKit

Learn how FinanceKit lets your financial management apps seamlessly and securely share on-device data from Apple Cash, Apple Card, and more, with user consent and control. Find out how to request one-time and ongoing access to accounts, transactions, and balances — and how to build great experiences for iOS and iPadOS.

What’s new in privacy

What’s new in privacy

At Apple, we believe privacy is a fundamental human right. Learn about new and improved permission flows and other features that manage data in a privacy-preserving way, so that you can focus on creating great app experiences.