Mobile Wallet

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Digital wallets emerge as the world’s leading way to pay

15 Dec 23 @ 12:08

According to the 2023 version of The Global Payments Report by Worldpay, digital wallets are both the world’s dominant payment method, and its fastest-growing. While debit and credit cards continue... read more

Samsung partners Mastercard for payments with Wallet Express

07 Dec 23 @ 11:16

In a bid to close the gap on its rivals after what has frankly been a far from stellar rollout of Samsung Pay, Samsung have announced their partnership on the... read more

3 in 5 Americans expect all payments to become digital payments

01 Dec 23 @ 12:01

Three in five Americans (58%) expect all payments to be digital payments in the near future, rising to two thirds among millennials (67%), according to a new survey “Cashing in... read more

Super app showdown: Europe risks falling behind

24 Nov 23 @ 17:11

In recent years there has been a surge in the development of mobile applications, known as Super apps, which offer payment and financial transaction processing for personal and commercial life.... read more

Apple hit with second class action lawsuit over P2P payments

21 Nov 23 @ 16:00

Apple has been hit with a class action lawsuit from Venmo and Cash App customers who claim it has abused its power in the market to decrease competition in the... read more

Visa and Tencent extend partnership for remittances to digital wallets

20 Nov 23 @ 16:41

Visa and Tencent Financial Technology, the fintech division of Tencent, say they are partnering to enable Weixin users to receive inbound remittance in their digital wallets. This partnership will extend... read more

Irish banks pull plug on Synch mobile payment app

15 Nov 23 @ 17:57

In January 2021 four of Irelands largest banks joined forces to launch a mobile payment app, dubbed Synch, that they intended to promote to help fend off the threat posed... read more

CFPB proposes oversight of Big Tech digital wallets and payment apps

08 Nov 23 @ 11:06

The Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer services like digital wallets and payment apps. Driven largely by Big Tech and other large... read more

EPI successfully completes acquisition of iDEAL and Payconiq

02 Nov 23 @ 10:51

The European Payments Initiative (EPI) has announced the successful closure of the acquisition of the Dutch payment solution iDEAL and the Luxembourg technology provider Payconiq International as announced earlier this... read more

Are banking apps the new Super Apps?

01 Nov 23 @ 13:25

Consumers increasingly choose digital banking channels to check their balances, initiate payments, apply for loans, and complete other interactions with their banks. This trend creates opportunities for banks to embed... read more

Payment trends in the UK casino industry

25 Oct 23 @ 11:34

Over the past decade, the casino industry’s profound transformation has seen online casinos emerge as the go-to choice for many players. Alongside this digital shift, payment methods have evolved to... read more

MoneyGram plans to launch non-custodial digital wallet

16 Oct 23 @ 16:48

MoneyGram has announced plans to launch its own non-custodial digital wallet which will officially debut in Q1 2024. The wallet will enable consumers around the world to leverage stablecoin technology... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more