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Apple Apps Finance Hack How-To iOS News privacy security

Capital One data breach affects more than 100 million U.S., Canadian account holders

Following the discovery of the Capital One hack on July 19th, in which Capital One Bank’s accounts on the Amazon Web Services cloud were hacked by an AWS engineer who took advantage of a misconfigured firewall and stole data, approximately 100 million people in the United States and 6 million people in Canada are affected. […]

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Finance Rumor

Rumor: Apple looking to create person-to-person payment functionality with Apple Pay

Apple could be moving Apple Pay into the person-to-person payments market. The current word on the ground is that Apple has spoken with J.P. Morgan Chase, Capital One, Wells Fargo, and U.S. Bancorp about the system. It’s not clear how far those talks have progressed, and many technical details remain unsettled.

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iOS 8 iPhone News Software

Apple Pay to launch on Monday, October 20th

Apple Pay will launch in four days. Per 9to5Mac, Apple announced that it will launch its Apple Pay service for use with the NFC-equipped iPhone 6 and 6 Plus handsets. Apple CEO Tim Cook also announced that the company has signed up 500 additional banks since first announcing initial partners last month. The banks will […]

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Finance iPhone News

U.S. banks enter horse race to become preferred Apple Pay card of choice among consumers

With Apple Pay en route, an assortment of banks are scrambling to be the consumers’ choice as to the default Apple Pay card. “It’s a healthy competition,” JPMorgan Chase marketing chief Kristin Lemkau told the Financial Times. JPMorgan Chase launched Apple Pay-centered marketing campaigns on the same day as the service’s unveiling, and similar campaigns […]