Fintech

Fintech Nexus Newsletter (June 11, 2024): Apple introduces Tap to Cash for iPhone to iPhone payments


Yesterday, Apple held its annual Worldwide Developers Conference (WWDC), during which it made several interesting announcements.

The most relevant to fintech is the new “Tap to Cash” feature that will be built into iOS18. As it sounds, this will allow users to send and receive Apple Cash simply by holding two iPhones together.

There were also more updates to Apple Wallet, including the ability to redeem rewards and manage installments through cards loaded into the wallet.

Of course, yesterday’s big announcement was about Apple Intelligence, a new suite of AI products that will be integrated directly into Siri. 

Simon Taylor muses about what might happen if we combine Tap to Cash, Apple Intelligence and open banking.

Fintech is about to get more interesting…


> Tap to Cash lets you pay by touching iPhones

By Brian Heater  

Apple’s WWDC 2024 keynote was packed, including a number of key new updates for iOS 18. One of the more interesting additions is Tap to Cash, which is more or less what it sounds like, letting users pay for things by tapping together a pair of iPhones.


From Fintech Nexus

> How Fintech Lenders Can Help Capture Small Business Opportunity

By Jake Osborne

Small business data is more plentiful now than ever before and tech tools are evolving to help fintech lenders meet the challenge.


Podcast

Jane Larimer_President & CEO_NachaJane Larimer_President & CEO_Nacha

Jane Larimer, President & CEO of Nacha, on operating the largest payments network

The largest payments network in the US is the ACH network. It is probably the most important fintech infrastructure ever…

Listen Now


Risk Revenue Forum New York

Next Stop NYC! About Fraud & Sift are coming to the Big Apple for our next stop in the Risk Revenue Roadshow.

See Details


Also Making News


To sponsor our newsletters and reach 180,000 fintech enthusiasts with your message, contact us here.

  • Peter RentonPeter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.





Source

Related Articles

Back to top button