Apple Introduces New iPhone Wallet Feature in the UK, Leveraging Open Banking API for Real-Time Account Balances and Transactions

Apple Introduces New iPhone Wallet Feature in the UK, Leveraging Open Banking API for Real-Time Account Balances and Transactions

Apple's Wallet Feature Powered by Open Banking API, Allows UK Users to View Account Balances, Recent Transactions, and Apple Pay Expenditures in iOS 17.1 Beta

In this beta launch, several prominent banks are already supported, including Barclays, HSBC, Lloyds, RBS, Monzo, and Starling. This introduction marks a rare instance where Apple debuts a feature outside the United States, particularly in the UK, where it has been relatively less prominent compared to its presence in the US market. For instance, Apple’s proprietary Apple Card has yet to make its debut in the UK.