In compliance with the European Union’s Digital Market Act Regulation, Apple has released iOS 17.4 update and released a new API called FinanceKit.
In a post on X, Copilot announced that users would be able to track all their Apple finance accounts in real time.
News.ng gathered that at the launch of the new API, the iPhone maker partnered with YNAB, Monarch and Copilot.
The update according to users came with new emojis, improvements to the recently added Stolen Device Protection feature, and big changes in compliance with the European Union regulations among other enhancements.
The DMA, which lays out a list of dos and don’ts aimed at restraining their dominance and ensuring a level playing field for rivals and more alternatives for users, requires the corporation and five other internet titans to comply today, March 7.
According to YNAB CEO Todd Curtis, FinanceKit will enable developers to retrieve balance details and transaction data from Apple Card, Apple Cash, and Savings with Apple.
“We are thrilled to be one of the first apps selected by Apple to bring this feature to life,” Curtis said in a statement.
“Since 2004, YNAB has been focused on helping people change their relationship with money, and we are excited that this integration will enhance the YNAB experience for Apple Card holders, making it even easier for them to spend confidently, save aspirationally, and even give joyfully.”
We earlier reported that As part of attempts to comply with historic EU tech legislation intended to curtail Big Tech’s power, Google detailed changes to search results and new tools for app developers to promote their wares on rival app stores and third-party apps.