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Bank of Japan Reports Record Drop in Government Bond Holdings
Xi Jinping Arrives For BRICS Summit
Ford to recall about 223,500 U.S. vehicles over fuel tank issues
Meloni sees Italy 2026 growth at 1%, matching euro zone
Latin American Countries Strengthen Cooperation in Drug Trafficking Fight with U.S.
Egypt Condemns Any Attack on Saudi Arabia as Violation of International Law
Over 60% of New Dentists Join Hong Kong Health Department Due to Mandatory Internships
India Regulator Proposes Changes to Closing Auction After Swings
Xi Takes Center Stage at Modi’s BRICS Summit as Iran War Deepens
Saudi shuts oil pipeline after ‘Iraq-launched attacks’
Houthis seize Red Sea coast as Saudi pipeline shutdown deepens oil risks
Munich Emerges as Key R&D Hub for Chinese Automakers in Europe
Xi Jinping's India Visit Highlights China's Economic and Diplomatic Agenda
QNB: Emerging markets face both promise and disruption from artificial intelligence
UK Parliament Rejects Assisted Dying Legislation
Singapore and China Dominate Global Education Rankings Amid Decline in OECD Student Scores
Far-Right Win Puts Germany’s Economic Renewal on Shakier Ground
European Investment in Latin American Stocks Reaches 15-Year Peak
Burnham faces UK economic test as budget day approaches
Chinese Cryptocurrency Investor Sells £190 Million Mansion in London
Ground Beef Prices Reach Record High in August 2026
Thames Water Faces £2 Billion Bill Due to Financing Expenses and Advisers' Fees
High Oil Prices May Lead to Increased Interest Rates by European Central Bank
Sweden's Election Race Becomes More Competitive Ahead of Vote
Italy’s Fragmented Politics Pose Risk to Rating, Fitch Warns
Chinese AI Firms Avoid Meetings with US Delegation Over Sanctions Concerns
Global funds retreat from Indian stocks as some cut exposure to zero - Bloomberg
Lagarde Joins France Election Debate at Normandy Rally, Feeding ECB Exit Talk
Data Centers May Soon Enter Catastrophe Bond Market
Major Security Operation in Ireland for Trump Visit
Saudi-led Strikes in Yemen Result in 82 Casualties Since September 3
Canada Gains Approval for Beef Imports from the Dominican Republic
Saudi Arabia shuts key oil pipeline after Houthi’s drone attack - Reuters
Banco Master Case Files Approved for Release in Brazil
U.S. Legislator Proposes Reevaluation of North Korea Travel Ban
Survey Reveals Over 30% of Unmarried Japanese Do Not Desire Children
Cocaine Worth €500,000 Seized at Dublin Airport
Why I, a non-billionaire, am not leaving the UK
Windshield megadeal could fix Europe’s broken IPO window
Nick Train’s trust offers buyback in bid to boost weak share price
S&P Report Highlights Saudi Arabia's Resilience Amid Middle East Conflicts
UBS sees Chinese carmakers reach 37% globally by 2030
India Wants to Buy Fewer Chinese Imports, but Keeps Needing More
US Tax Brackets to Increase by 3.2% in 2027
Riyadh Asserts Right to Protect National Security
Saudi Arabia Halts Retaliation Plans Following Iraq's Call for Restraint
S&P Projects Increase in Saudi Oil Production by 2027
U.S. links Chinese satellite imagery to deadly Iranian strike - WSJ
AstraZeneca's SERENA-4 Trial Fails to Meet Primary Endpoint
Tamron Considers Sony Acquisition Amid Rising Competition from Chinese Lens Makers
AI Worm Threatens WeChat Accounts with Self-Propagation
Trump says he’s open to Chinese automakers building cars in the U.S.
North Korea Launches Unidentified Projectile Towards East Sea
Goldman Sachs, Citi, and Bank of America Continue Brokerage Operations
Australia’s Optus apologises for outage that disrupted emergency calls
How much more gold could central banks buy?
U.S. Links Chinese Satellite Data to July Attack in Iran
VinFast’s Founder Hands CEO Role to Son Amid Expansion Push
Fitch Ratings Assigns 'BB-' Rating to Jamaica's 2037 Notes
Negotiations Stall Between Canadian Auto Workers and Stellantis Over Ontario Facility
Iraq Shuts Down Shalamcheh Border Crossing with Iran
Seoul Calls Urgent Security Meeting Following North Korea's Missile Launch
Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping
Oracle Chairman Larry Ellison Plans to Sell Up to $7.5 Billion in Holdings
The 24 New Rules for Succeeding at Work
Rising Diesel Prices Exceed $6, Prompting Economic Concerns
Congo's Ebola Outbreak Exceeds 7,000 Reported Infections
Flooding Disrupts Nepal's Trade Expansion Efforts with China
Japan's Autumn Foliage Season to Start Later Due to Warm Weather
Apple Enables One-Tap Gift Card Redemption in Upcoming iOS Update
Apple’s upcoming mobile operating system, iOS 27, will enable users to redeem Apple gift cards by tapping them on a compatible iPhone, MacRumors reported Wednesday (Sept. 9).
The iPhone will scan a security chip in Apple’s gift cards to verify that the card is authentic and unspent in an attempt to reduce scams, the report said, citing MacRumors contributing researcher Aaron Perris, who found the new feature in code.
Apple did not immediately reply to PYMNTS’ request for comment.
PYMNTS reported in November 2023 that gift cards have always been riskier than other payment form factors. Gift cards are an attractive target for fraudsters because the cards are easily monetizable, provide a level of anonymity and generally have no chargeback options, which makes it virtually impossible to recover funds.
In July 2024, PYMNTS reported that gift card scams were in the news as federal agencies issued warnings about the scams’ proliferation and as Maryland enacted a law aimed at stopping an iteration of gift card scams called card draining. The Federal Trade Commission said at the time that in 2023, gift card scams led to $228 million in losses, with a median individual loss of $500. The FTC said Apple was one of the most impersonated companies when it came to scam reports involving gift cards.
It was reported in January 2024 that Apple agreed to settle a lawsuit that accused the company of allowing scammers to exploit its gift cards and retaining stolen funds. The lawsuit alleged that scammers would contact victims and persuade them to buy Apple gift cards to cover various expenses and then provide the cards’ codes to the fraudsters. It also alleged that Apple would retain 30% of the stolen funds as a commission for converting the stolen codes into dollars.
Apple’s iOS 27 is set to launch Monday (Sept. 14), according to the company’s website.
PYMNTS reported Wednesday (Sept. 9) that the headline reveal of Apple’s annual fall Surprise and Shine event was the company’s first foldable phone, the iPhone Duo.
Speaking of that and other iPhone models, Apple CEO John Ternus said during the event: “We made massive advancements in the most important areas: intelligence, performance, battery and camera.”
Source: PYMNTS.com