Apple's iOS 17.4 update is primarily aimed at bringing iOS into compliance with EU digital market regulations. However, the company also released a new API called FinanceKit that allows developers to retrieve transaction and balance information from his Apple Card, Apple Cash, and Savings with Apple.
At launch, the company partnered with YNAB, Monarch, and Copilot.in Post to X, Copilot said users will be able to track all of their Apple financial accounts in real time. Previously, Copilot users had to upload documents to confirm transactions.
The most requested credit card integration is now available with Copilot Money 💳
Starting today, Copilot can now track your Apple Card, Apple Cash, and Savings accounts. Try it now → https://t.co/wlO9aD0B9X
Read on to find out more!
1/4 🧵 pic.twitter.com/7fFnQkj7pY
— Copilot Money (@copilotmoney) March 5, 2024
“We are thrilled to be one of the first apps selected by Apple to enable this feature,” YNAB CEO Todd Curtis said in a statement. Ta. “Since 2004, YNAB has been focused on helping people change their relationship with money. This integration improves Apple Cardholders' YNAB experience, allowing them to spend with confidence and save with confidence. We're happy to make it easier for you to do so and even donate.'' ”
Over the past few years, Apple has increased the number of financial products it offers. The company released Apple Card in 2019. Earlier this year, the company announced that Apple Card users would earn $1 billion in daily cash rewards in 2023. The company also announced that more than 12 million customers use Apple Card. In April 2023, Apple partnered with Goldman Sachs to launch a savings account with an APY of 4.15%. The company announced in August 2023 that it already had more than $10 billion in deposits in its new savings account.