You are wrong there. The bank does know who you are when issuing the transaction. ApplePay utilizes the same chip and pin system of using a one time use code that your phone knows and the bank is aware of. If the bank didn't have your information they wouldn't be able to charge you. The fraud that is happening is people using stolen cards and creating a fake account on iTunes and attaching an iPhone. It is no different than someone presenting a stolen credit card. Apple is taking steps to avoid that by validating who people are when setting up a new iTunes account before letting them use Apple Pay. They are taking a stance against it. The banking industry never did anything about the rampant fraud which costs about $190 billion a year in lost revenue for retailers and cost us higher interest rates because if you think the credit card companies are eating the fraud your nuts. The data isn't being shared with the retailers who have quiet publicly lost large chunks of peoples private data. Apple not sharing data is a good thing because we get to control what we want to share with the merchant.

In IT we have access to info that is usually reserved for C level execs. Either accidental reading when troubleshooting or shared in meetings. I have always looked at IT work as a sort of priesthood. What people do on their computer is their business. I don't share it with others. All data is kept confidential. Sometimes knowing when someone is going to be terminated that is sometimes a little awkward. But you just do your job like you always do and try to avoid office politics.

The iOS upgrade was fine on the iPhone 5 and even on the iPad 3. The performance feels just fine to me. I have been running it since June and now going back to the older version really makes the phone feel old. The new features are well worth the upgrade. Not to mention the extra security from Apple encouraging the use of PIN's and now a phone can't be reactivated without the iCloud ID if it is wiped making an aftermarket for stolen phones far less desirable if people use them. The big benefits are going to come in the future as more apps start going 64 bit and the older phones and iPads are phased out in favor of 64 bit devices. Over all it is a good upgrade in my opinion. The Control Center (swipe up from the bottom) the Today feature (swipe down from top) quick access to search from any screen (swipe down on the middle of the screen) are all worth while. Mail now allows you to have a mailbox of just unread messages. (In Mailboxes tap edit and choose Unread Folder). The added security will eventually benefit us all. Auto Update of apps so users don't have to worry about keeping apps up to date anymore. All I think are worth the upgrade. The visual changes are a little jarring at first but once users get used to them it will fade away and some day we will wonder what the fuss was all about.