U.S. sponsored report says governments should attack Bitcoin and undermine it

A new report from the influential RAND think tank suggests that governments should attack Bitcoin and blockchain technologies to undermine the public’s perception of their utility and security. Read more…

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Apple Pay Gains 40 New Participating U.S. Issuers

Apple has updated its Apple Pay participating issuers list with 40 additional banks, credit unions and financial institutions supporting the contactless payment service in the United States. Apple Pay now has nearly 800 participating issuers nationwide, and several more plan to support the NFC-based mobile payment service in the future.

The newly added Apple Pay participating issuers are reflected below, although it’s worth noting that some banks, credit unions and financial institutions listed may have already had support for the contactless payments service and are only now being reflected on Apple’s website.

The full list of new Apple Pay participating issuers:

American Heritage Federal Credit Union

Associated Credit Union

Bangor Savings Bank

Bank of Bourbonnais

Bank of Clovis

Bank of the Pacific

Baton Rouge Telco Federal Credit Union

BHCU

Cardinal Bank

Corning Credit Union

First Financial Credit Union (IL)

First National Bank of Trenton

First Nations Bank

First Republic Bank

Flint Area School Employees Credit Union

Glass City Federal Credit Union

Guaranty Bank and Trust Company

Hawthorn Bank

Hills Bank and Trust Company

Hudson Valley Federal Credit Union

Leader Bank, N.A.

Michigan Tech Employees Federal Credit Union

Midcoast Federal Credit Union

Oatworth Capital Bank

Ohio Valley Bank

Partnership Financial Credit Union

Penn Liberty Bank

Police and Fire Federal Credit Union

Prime Merdian Bank

Reading Cooperative Bank

Republic Bank

Section 705 Federal Credit Union

Secured Advantage Federal Credit Union

Southern Bank

Southwest Missouri Bank

TowneBank

West Plains Bank and Trust Company

WesTex Federal Credit Union

Wilmington Savings Fund Society

WSFS Bank

Apple is committed to an international expansion of Apple Pay, having launched the mobile payments service in Australia and Canada last month in partnership with American Express. Apple Pay is also coming to Hong Kong, Singapore and Spain in 2016, and is rumored to launch in China by February 2016.

On the merchant side, Cinnabon, Chili’s, Domino’s, KFC and Starbucks will support Apple Pay in the U.S. starting in 2016.

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Apple Pay Launches in Canada With American Express, Australia Later This Week

Apple Pay is now available in Canada exclusively for American Express customers, allowing newer iPhone and Apple Watch owners to make contactless payments at stores like Indigo, McDonald’s, Sport Chek, Tim Hortons and others that have NFC-equipped payment terminals and accept American Express.

Apple Pay is now live in Canada on iOS 9.1 (Image: Twitter/Bryan)

Apple Pay should now be live in the Wallet app on iOS 9.1 for Canadian users. American Express cards can be scanned or added manually by tapping the „Add Credit or Debit Card“ option. The functionality may still be rolling out to some users, so changing your iPhone’s region to U.S. can be done in the meantime.

American Express, an independent credit card issuer in Canada, is not nearly as popular or widely accepted as MasterCard or Visa credit cards in the country, and Apple notes that bank-issued American Express cards like those in partnership with Scotiabank are not accepted at launch.

Apple has reportedly been in talks with six large Canadian banks about launching Apple Pay north of the U.S. border, including the Royal Bank of Canada, TD Canada Trust, Scotiabank, Bank of Montreal, CIBC and National Bank of Canada, but negotiations have reportedly been dragging.

TD Canada Trust prematurely leaked an Apple Pay splash page last month, suggesting that Canadian banks may eventually support the mobile payments platform. High interchange fees and potential security issues have reportedly been sticking points in negotiations between Apple and banks.

Canada has been well prepared for Apple Pay, as many retailers and businesses across the country are equipped with NFC payment terminals required for contactless payments. The country was one of the earlier adopters of Chip-and-PIN debit and credit cards that can be tapped against a payment terminal when making a purchase, and Apple Pay is a natural extension of that functionality.

Canada’s largest credit and debit card payment processor Moneris announced Apple Pay support for American Express cards earlier today.

Apple Pay launched in the U.S. in October 2014 and expanded to the U.K. last June, making Canada the third country with support for the service. Beyond Canada, Apple is also partnering with American Express to bring Apple Pay to four additional markets by the end of 2016.

Apple has confirmed with the Financial Post that Apple Pay will support American Express in Australia later this week, with AMEX customer service representatives suggesting a tentative November 19 launch date. Apple Pay will launch with American Express in Spain, Singapore and Hong Kong next year.

Related Roundup: Apple Pay
Tags: American Express, Canada
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Apple Pay Gains 54 New Participating Issuers in United States

Apple updated its Apple Pay participating issuers list today with 54 additional banks, credit unions and financial institutions supporting the contactless payment service in the United States. Apple Pay now has over 650 participating issuers nationwide, and several more plan to support the NFC-based mobile payment service in the future.

The newly added Apple Pay participating issuers are reflected below, although it’s worth noting that some banks, credit unions and financial institutions listed may have already had support for the contactless payments service and are only now being reflected on Apple’s website.

The full list of new Apple Pay participating issuers:

Alternatives Federal Credit Union

Army Aviation Center Federal Credit Union

Artisans’ Bank

Bank of Eastman

Bank of Rantoul

Bridgeview Bank Group

Carson Bank

Calumet Bank

Catholic & Community Credit Union

Central State Bank

Charter Oak Federal Credit Union

Citizens First Bank

Cornerstone Bank

Cornerstone National Bank

Credit Union of America

Drummond Community Bank

Education Employees Credit Union

First Community Credit Union (MO)

First Federal Bank of the Midwest

First Piedmont Federal Savings and Loan Association

Genisys Credit Union

German American

Gorham Savings Bank

Greenwood Credit Union

Houston Texas Fire Fighters Federal Credit Union

Hudson River Community Credit Union

InTouch Credit Union

KV Federal Credit Union

Lexington Postal Credit Union

Macatawa Bank

Maine Family Federal Credit Union

Marion State Bank

Missouri Bank

Missouri Credit Union

Mocse Credit Union

Municipal Employees Credit Union of Oklahoma City

Mutual Bank

Newaygo County Service Employees Credit Union

Oak Trust Credit Union

Peoples Bank (WA)

Peoples Bank (AR)

Polish & Slavic Federal Credit Union

PyraMax Bank

Settlers Federal Credit Union

The Bank

The Provident Bank

Tri City National Bank

TwinStar Credit Union

UMassFive College Federal Credit Union

United Equity Credit Union

United Savings Credit Union

University of Kentucky Federal Credit Union

Upper Peninsula State Bank

Weokie Credit UnionApple Pay remains limited to the United States and United Kingdom, although Apple is committed to an international rollout of the mobile payments service in additional countries such as Australia and Canada in the future.

WSJ reported that Apple is planning a November launch of Apple Pay in Canada. Apple Pay will also be available to eligible American Express customers in Canada and Australia later this year, in addition to Spain, Singapore and Hong Kong in 2016.

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Apple Asks U.S. Supreme Court to Overturn Guilty Verdict in E-Books Antitrust Case

Apple is asking the United States Supreme Court to overturn the 2013 U.S. Appellate Court ruling that found the company guilty of conspiring with publishers to inflate the prices of e-books, reports Reuters.

Apple’s petition comes following the loss of a June appeal where the U.S. Court of Appeals for the Second Circuit upheld the guilty verdict and maintained Apple violated antitrust laws and colluded with five publishers – HarperCollins, Simon and Schuster, Hachette Book Group, Macmillan, and Penguin – to fix e-book prices and unreasonably restrain trade.

Apple in its petition said the June decision by the 2nd U.S. Circuit Court of Appeals in New York contradicted Supreme Court precedent and would „chill innovation and risktaking.“

„The Second Circuit’s decision will harm competition and the national economy,“ Apple wrote.

Should the U.S. Supreme Court uphold the lower court’s verdict, Apple will be forced to pay $450 million as part of a settlement with class action lawyers and state district attorneys, with $400 million of that amount earmarked for consumers. Apple reached the settlement in June of 2014 to avoid a lengthy damages trial, but the payout hinged on the outcome of the company’s appeal.

Though Apple was found guilty, the company has maintained its innocence throughout the dispute. In its appeal, Apple said its efforts „kick-started competition“ to deliver „higher output, lower price levels, and accelerated innovation.“

Tags: lawsuit, antitrust, e-books

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Apple Adds New Flyover Locations, Expands ‘Nearby’ Feature to Australia, Canada, France and Germany

Apple today updated its Maps app for Mac and iOS with new Flyover locations in number of cities and „Nearby“ location listings in Australia, Canada, France, and Germany. Introduced in iOS 9, the Nearby feature displays restaurants and stores that are located close by. When searching in the Maps app, Nearby shows up as a list of categories like Food, Drinks, Shopping, and Fun.

Nearby was previously available in the United States and China, but today expands to Australia, Canada, France, and Germany for a total of six locations of availability.

Apple has also added several new Flyover locations, highlighting landmarks and features in several countries in Europe, North America, and Asia. The new Flyover locations are listed below:

– Basel, Switzerland
– Bielefeld, Germany
– Gorge Du Verdon, France
– Hawaii (Big Island), US
– Hiroshima, Japan
– Kyoto, Japan
– Lassen Volcanic National Park, CA
– Leon, Spain
– Nagoya, Japan
– Okayama, Japan
– Osaka, Japan
– Porto, Portugal
– Prague, Czech Republic
– Sendai, Japan
– Tulum, Mexico

For those unfamiliar with the Flyover feature in Apple Maps, it lets users take photorealistic 3D tours of select areas, which can be navigated through to display close ups of notable landmarks and points of interest.

Flyover was first introduced alongside iOS 6 in 2012, and over the course of the last few years, Apple has been steadily adding new Flyover locations to the Maps app, with a full list available on its iOS 9 Feature website. As of February, some Flyover locations have also been updated with real-time animated landmarks, making the Flyover experience even more immersive, and many Flyover locations also have an additional City Tour feature that walks users through a series of landmarks in each city.



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Police arrest 15-year-old boy in connection with TalkTalk cyberattack

London’s Metropolitan Police says that a 15-year-old boy has been arrested in Northern Ireland on suspicion of Computer Misuse Act offences, related to last week’s attack on the TalkTalk website. Read more…

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