Apple’s latest update, iOS 17.4, has a particular focus on adhering to the regulations of the EU’s Digital Market Act. However, along with this, the company has introduced a new API called FinanceKit. With this, developers can now access transaction and balance information from Apple Card, Apple Cash, and Savings with Apple.
At its launch, Apple has partnered with popular financial apps like YNAB, Monarch, and Copilot. In a statement on X, Copilot announced that users can now keep track of all their Apple finance accounts in real-time. This is a significant development as previously, Copilot users had to upload documents to view their transactions.
“The most requested credit card integration is now live on Copilot Money!” Copilot Money tweeted excitedly. “Starting today, you can track your Apple Card, Apple Cash, and Savings accounts with Copilot. Try it out now → https://t.co/wlO9aD0B9X Keep reading to learn more!”
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In a statement, Todd Curtis, CEO of YNAB, expressed their excitement about being one of the first apps chosen by Apple to bring this feature to life. “Since 2004, YNAB has been dedicated to helping people improve their relationship with money,” he said. “We are thrilled that this integration will enhance the YNAB experience for Apple Card holders, making it easier for them to spend confidently, save aspirationally, and even give joyfully.”
Over the years, Apple has steadily increased the number of financial products it offers. In 2019, it introduced the Apple Card. Just a few months ago, Apple announced that Apple Card users had earned an impressive $1 billion in daily cash rewards. The company also noted that there are now over 12 million customers using Apple Cards. In April of 2023, Apple launched a savings account in partnership with Goldman Sachs, featuring a competitive 4.15% APY. By August of the same year, the savings account already had over $10 billion in total deposits.
