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Apple Pay

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Re: Apple Pay

#221
post #39
post #3

From all of today's announcements, this may be what really moves the needles (!)

Saying that, I would love to have been a fly on the wall after last weeks iCloud celebrity photos hack. Apple's partners in this, including Visa, Mastercard and Amercian Express, as well as all those prominent banks must have been looking for reassurances that payment and card data was going to be safe. It must have been an embarassing week.

"Apple's partners in this, including Visa, Mastercard and Amercian Express, as well as all those prominent banks must have been looking for reassurances that payment and card data was going to be safe. It must have been an embarassing week."

Considering that Apple/iCloud doesn't store any payment or card data with Apple pay, and that the hack in question wasn't due to any specific weakness in Apple/iCloud infrastructure, I very much doubt there were any reassurances required...

Re: Apple Pay

#222

ApplePay is only on iPhone 6. This means that the availability rate for this technology will get into (tens of) millions in a couple of years, based on the update cycle with the phone carriers. Realistically we're talking 2-4 yrs. Plenty of time for providers to get acquainted with the technology and to integrate it into their retail systems. For developers it would be interesting to see how the API looks like and if…

"the availability rate for this technology will get into (hundreds of) millions in a couple of years"

There - fixed that for you... Apple sells "(tens of) millions" of iPhones per quarter - and that tends to grow. A couple of years of sales add up to a lot of phones.

Re: Apple Pay

#223
post #111

Earlier quoted context omitted.

Correct me if I am wrong, but wasn't there no connection between Apple and the leaks?

You are wrong. Apple says there was no "security breach" except their lack of security for the FindMyIphone website caused the breach. Mainly they exploited the fact that the FindMyIphone website did not throttle the number of login attempts. So you can do it as many times as possible. Apple deflected this by "denying" that any usernames or passwords were leaked, but in reality it is their fault that the accounts wer…

Except the FMI flaw is only tenuously linked to the breach - with more evidence pointing away from it (i.e. timeline of how long the photos have been offered for sale, disclosures by other photo-hackers, etc) than toward it.

There was early speculation that the flaw was at fault, but no confirmation from anyone.

Go ahead though - blame that bug, because Apple.

Re: Apple Pay

#224

No-contact payment is exactly the kind of secure piece of engineering we needed. Especially after the iCloud debacle. /s

Apple doesn't store the card details on their servers. So that's irrelevant.

If someone steels your iPhone it's not.

Re: Apple Pay

#225

Earlier quoted context omitted.

Apple doesn't store the card details on their servers. So that's irrelevant.

If someone steels your iPhone it's not.

Well, they would have to steal your thumb as well. That's the whole point: It's encrypted using TouchID
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