digital wallets

COVID-19 Didn’t Cramp Americans’ January Travel Plans
COVID-19 Didn’t Cramp Americans’ January Travel Plans
February 11, 2022  |  Travel Payments

COVID-19’s omicron variant didn’t seem to have made much of an impact on Americans’ winter travel plans. As PYMNTS’ research learned, the average amount consumers...

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Hubpay Raises $20M and Unveils Cross-Border Digital Wallet
Hubpay Raises $20M and Unveils Cross-Border Digital Wallet
February 08, 2022  |  Investments

Middle East and North Africa-focused FinTech Hubpay on Tuesday (Feb. 8) announced it has closed a $20 million Series A fundraising round and has also...

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Multi-Currency Digital Wallet Solution to Facilitate B2B X-Border Payments in Emerging Markets
Multi-Currency Digital Wallet Solution to Facilitate B2B X-Border Payments in Emerging Markets
February 08, 2022  |  Digital Payments

Cross-border payments remain a challenge for businesses, especially small and medium-sized enterprises (SMEs), looking to make payments in less familiar currencies belonging to emerging markets...

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Bitcoin-as-Currency Experiment Costs El Salvador 1% of Its GDP, IMF Reports
Bitcoin-as-Currency Experiment Costs El Salvador 1% of Its GDP, IMF Reports
February 04, 2022  |  Bitcoin

The International Monetary Fund (IMF) is still on the offensive when it comes to El Salvador’s use of bitcoin as a legal tender, estimating the...

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PYMNTS Crypto Basics Series: What’s a Crypto Wallet and How You Can Avoid Losing a Quarter Billion Dollars?
PYMNTS Crypto Basics Series: What’s a Crypto Wallet and How You Can Avoid Losing a...
February 01, 2022  |  Cryptocurrency

Bitcoin, blockchain and cryptocurrency are words that most people have at least heard of in 2022, as the industry exploded into the mainstream public consciousness....

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Solana Pay Launches as Low-Cost, Instant Crypto Payment for Everyday Purchases
Solana Pay Launches as Low-Cost, Instant Crypto Payment for Everyday Purchases
February 01, 2022  |  Cryptocurrency

Solana Labs announced in a Tuesday (Feb. 1) blog post a new point-of-sale (POS) payment product that lets merchants accept the USD Coin (USDC) stablecoin...

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Deep Dive: How Open-Loop Contactless Payments Could Power Global Transit
Deep Dive: How Open-Loop Contactless Payments Could Power Global Transit
February 01, 2022  |  Digital Payments

Pandemic-related concerns and restrictions brought contactless payments into the mainstream by prompting unprecedented numbers of consumers and merchants to adopt the technology. Contactless payments’ popularity extends far beyond retail, however....

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A Rule to Require Crypto Exchanges to Collect Customer Data Under Consideration Again
A Rule to Require Crypto Exchanges to Collect Customer Data Under Consideration Again
January 31, 2022  |  Cryptocurrency

A controversial plan by the U.S. Financial Crimes Enforcement Network (FinCEN) that would enforce know-your-customer rules on crypto wallets may be under consideration for the...

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China’s Meituan to Allow CBDC Payments
China’s Meituan to Allow CBDC Payments
January 28, 2022  |  CBDC

China’s food delivery service Meituan has become the latest tech firm to let customers use central bank digital currency (CBDC) payments. As CoinTelegraph reported Friday...

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