Adyen has launched Tap to Pay on iPhone in seven new European markets, including Belgium and Denmark, allowing businesses to accept contactless payments without additional hardware. This feature enhances the in-store shopping experience by enabling secure and efficient transactions through NFC technology on compatible iPhones.

Apple has introduced significant changes to its digital Know Your Customer (KYC) processes, enhancing security and streamlining user verification. The new features aim to simplify onboarding for financial services while maintaining compliance with regulatory requirements. This shift positions Apple as a more formidable player in the fintech space, emphasizing user experience and data protection.

The UK's Competition and Markets Authority (CMA) plans to take action against Apple to open up restrictions on digital wallets offered by fintechs on iPhones, as part of its strategy to enhance competition in the mobile sector. This follows the CMA's designation of Apple and Google as having 'strategic market status' and highlights the need for greater interoperability and innovation in digital payment systems.

South Korea's Financial Services Commission has ordered Apple to remove 14 unregistered crypto apps, including KuCoin and MEXC, from its App Store, effective April 11. This action follows a similar ban on Google’s Play Store as the country intensifies regulatory measures against unregistered foreign crypto services. Violating these regulations can lead to severe penalties for providers.