Mint, which makes a personal-finance app, is taking full advantage of the iPhone's geolocation features in an update to the application.
As soon as users spend some cash, they can open up their Mint app and input the amount spent. The app's geolocation feature finds all the merchants nearby to help users assign the expense to the respective establishment. As soon as the expenditure is logged, Mint automatically updates users' bank balances.
Though the addition is somewhat minor, Mint says it has been one of its users' top requests. That makes some sense. After a payment is made, … Read more