Apple says its App Store prevented over $2 billion in fraudulent transactions last year

Apple’s App Store prevented over $2 billion in potentially fraudulent transactions last year, the tech giant touted in a press release on Tuesday. The company says it rejected nearly 1.7 million app submissions in 2022 for failing to meet the App Store’s standards for privacy and security.
The press release comes as Apple faces a continued push to open up iPhones and iPads to third-party app stores. Last year, the European Union passed the Digital Markets Act that will go into effect in 2024 and force big tech companies to allow alternative app stores on their platforms, giving developer

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