digital wallets

Nearly 1 in 6 Consumers Switched Payment Methods in the Past Year
Nearly 1 in 6 Consumers Switched Payment Methods in the Past Year
November 15, 2023  |  Payment Methods

Consumers are happiest when they don’t have to think about how a payment is made, just that it gets done. And they are willing to...

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Nearly 3 in 5 PayFacs Exclusively Support Digital Payments Online or Via an App
Nearly 3 in 5 PayFacs Exclusively Support Digital Payments Online or Via an App
November 14, 2023  |  Digital Payments

The payments industry is undergoing a transformation, largely driven by the rise of payment facilitators, or PayFacs. These entities streamline the acceptance and processing of...

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Paysafe Preps Digital Wallet for US Small Businesses
Paysafe Preps Digital Wallet for US Small Businesses
November 14, 2023  |  Earnings

Paysafe plans to launch a digital wallet for small and medium-sized businesses (SMBs). The British payments platform revealed the pending debut of its business wallet Tuesday...

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VerityPay Debuts Pay-by-Text Offering for B2C Payments
VerityPay Debuts Pay-by-Text Offering for B2C Payments
November 14, 2023  |  Payment Methods

B2B Software-as-a-Service (SaaS) platform VerityPay has launched with a new pay-by-text tool for businesses. The new offering lets businesses make payments through text or SMS straight into...

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Worldline Offers Tap to Pay For Merchants in France
Worldline Offers Tap to Pay For Merchants in France
November 14, 2023  |  News

Worldline says its large merchant clients in France can now offer Apple’s tap-to-pay. The payments firm announced Tuesday (Nov. 14) that merchants can use the iPhone-based payment...

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Digital Identity Becomes New Currency as Companies Turn IDs into Payments Credentials
Digital Identity Becomes New Currency as Companies Turn IDs into Payments Credentials
November 13, 2023  |  Digital Identity

As the payments ecosystem continues to evolve, it is missing just one key element. That element? A single source of truth in the form of...

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Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
November 13, 2023  |  Security & Fraud

A hacker reportedly stole $27 million in cryptocurrency from a Binance-connected wallet. The stolen tether funds were converted to ether before being transferred to other...

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Diversifying Supply Chains Drives Demand for B2B Payments Choice
Diversifying Supply Chains Drives Demand for B2B Payments Choice
November 13, 2023  |  B2B Payments

In this environment of “higher for longer” interest rates, chief financial officers recognize the need to prioritize payments innovation. As Bank of America Head of...

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CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
November 08, 2023  |  Regulation

Will new rules governing digital wallets and apps blunt Big Tech innovations — or put desperately needed guardrails in place? The Consumer Financial Protection Bureau’s...

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