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Apple's FinanceKit Revolutionizes Balance Monitoring
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Overview
API
Apple unveiled FinanceKit, an API enabling users to monitor balances of Apple financial products like Apple Card and Apple Cash. Partnerships with YNAB, Monarch, and Copilot offer real-time tracking without sharing credentials, following earlier services for U.K. users and U.S. buy now, pay later service. Apple reported record revenue in payment services last year's third quarter.
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Could Apple's expansion into financial services disrupt traditional banking models?
How might Apple's FinanceKit impact the personal finance management industry?
What security measures are in place to protect user data in FinanceKit partnerships?
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