Update your iPhone if you haven’t already because iOS 17.4 it’s out now. The latest iOS update was released on Tuesday, bringing new emojis and other tweaks and updates to the iPhone.
However, most of the updates with iOS 17.4 are related to the EU as Apple makes changes related to a new regulation called Law on Digital Markets. But perhaps one of the biggest changes coming with iOS 17.4 is a new addition:
Apple has added a brand new API called FinanceKit.
What does FinanceKit mean for iPhone users?
FinanceKit allows third-party application developers to securely access and interact with user information about Apple Card, Apple Cash, and Savings with Apple accounts.
This integration allows users’ preferred iPhone budgeting apps to pull transactions and balances from user accounts directly into those apps. Budgeting and money management apps Copilot, Monarch, and YNAB are the first three to implement FinanceKit-powered features that automatically pull that data into a user’s profile.
The tweet may have been deleted
“The most requested credit card integration is now available on Copilot Money”, Copilot published at X. “Starting today, Copilot can track your Apple Card, Apple Cash, and savings accounts.”
The tweet may have been deleted
“Big update!” The monarch too published to X. “Working directly with Apple, Monarch is one of the first to offer full support for Apple Card, Apple Cash and Savings with iOS 17.4. We’ve heard your requests. Now you can directly sync your wallet for seamless budgeting!”
Apple Card, along with Apple Cash and Savings Account, has seen some pretty impressive growth over the years. Apple Card currently has 12 million to cardholders, allowing customers to fund Apple-related purchases and earn cash back.
New integrations enabled by FinanceKit help users manage their finances without manually entering a transaction.