Tag: Apple Pay
Apple WWDC 2022: Key announcements
Apple opened its Worldwide Developer Conference (WWDC) yesterday, and it certainly was a busy event giving us a glimpse at the highly-anticipated macOS Ventura, iOS 16, the M2 chip, a new MacBook Air, and much more. Here are the key announcements in case you missed it: The new Pay Later feature…
Biometric mobile payments to reach $1.2 billion by 2027, claims research
A new study from Juniper Research has found that the value of biometrically authenticated remote mobile payments will reach $1.2 trillion globally by 2027, rising from $332 billion in 2022. These transactions use biometrics - typically facial and fingerprint recognition - to authenticate remote mobile payments. This growth of 365% is driven by recent regulatory changes,…
Tech Digest daily roundup: TikTok ditches 3 minute video limit
TikTok is to ditch its three minute limit on videos and will soon allow all users to upload clips up to 10 minutes long, the Chinese social network has confirmed. It brought in the existing limit in July 2021, upping it from 60 seconds, having initially expanded it from the original 15 seconds. The app…
Tech Digest daily roundup: Apple Pay Visa ‘hack’ revealed
Large unauthorised contactless payments can be made on locked iPhones by exploiting how an Apple Pay feature designed to help commuters pay quickly at ticket barriers works with Visa. In a video, researchers demonstrated making a contactless Visa payment of £1,000 from a locked iPhone. Apple said the matter was "a concern with a Visa…
Apple revenue boosted by services, iPhone sales drop
Apple service products such as streaming and cloud continued to make gains while iPhone sales dropped, according to the company’s latest results. The tech giant posted quarterly revenue of $53.8 billion (£44.3 billion) in the three months to June 29, an increase of 1% from the same period in 2018. Net profit fell from $11.5…
Gov.uk website now accepts Apple Pay and Google Pay for payment
Online Government services have begun accepting mobile payments using methods such as Apple Pay, meaning transactions can be approved with fingerprints or facial recognition. The gov.uk website is accepting transactions using Apple Pay and Google Pay for four services initially, but it will be rolled out more widely and to local government, police and the…
Apple results beat analyst expectations as iPad and service businesses grow
Apple beat analyst expectations as it reported quarterly revenue of 58 billion US dollars (£44.5 billion) in its latest financial results. The figure was, in fact, a drop of 5% percent on the same period a year ago, but above market predictions for revenue of 57.5 billion dollars. Revenue from iPhone sales also beat expectations…
Apple confirms live event on March 25th. Expected to launch video streaming service
Apple is expected to unveil a new video streaming service to compete with Netflix when it hosts a live event at its California headquarters on March 25. The technology giant has confirmed it will make an announcement at its Apple Park campus in Cupertino later this month, having sent out email invitations to the media…
Apple revenue and profits down as iPhone sales hit. Could handset prices fall?
Apple has reported a decline in both revenue and profits in its latest quarterly financial results, as the company feels the pinch from slowing demand for its star product, the iPhone. The results showed a 15% fall in sales of the iPhone in the three months ending to December 29, diving from 61.1 billion dollars…
2016: What’s around the corner for digital payments? Apple Pay, Bitcoin, Pingit and more
Apple Pay, one of the latest forms of digital payment via your mobile, is slowly gaining acceptance Mobile payments, biometrics and crypto currencies. These were just some of the emerging trends discussed at the recent Westminster eForum Keynote Seminar at London's Royal Society. Tech Digest’s Chris Price reports The way…