Apple as a vendor to highly regulated entities, including governments is regulated and is audited for compliance against a vast swath of regulatory requirements

Apple as a vendor to highly regulated entities, including governments is regulated and is audited for compliance against a vast swath of regulatory requirements. Rapid updates is a core part of a lot of modern security regulations for banks and other sensitive entities. Note, with Apple Pay and Apple Cash and Apple Card, Apple itself is directly regulated for it’s “peoples money” business already. In what way are you thinking regulation applies to this situation? I’d posit this bank is stretching their regulatory obligation to incorporate vendor updates into their customer facing and perimeter products on a timely basis.