digital wallets

TerraPay Forms Wallet Interoperability Pact for Cross-Border Payments
TerraPay Forms Wallet Interoperability Pact for Cross-Border Payments
August 20, 2024  |  Cross-border Payments

Global money movement company TerraPay and five digital wallet operators teamed up to facilitate cross-border payments and money movement. The five wallet operators participating in...

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Apple to Participate in California Mobile Driver’s License Pilot Program
Apple to Participate in California Mobile Driver’s License Pilot Program
August 15, 2024  |  Mobile Wallets

Californians will soon be able to present their driver’s licenses or state IDs by using an iPhone or Apple Watch. Apple is working with the...

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Apple’s NFC Move Ushers in New Era of POS Competition
Apple’s NFC Move Ushers in New Era of POS Competition
August 15, 2024  |  Apple

Apple’s move to open up near-field communications (NFC) technology — specifically so that third-party developers can integrate NFC transactions — may turbocharge digital wallets’ momentum....

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Big Spenders: Nearly Two-Thirds of Gen Z Spend More When Using Digital Wallets
Big Spenders: Nearly Two-Thirds of Gen Z Spend More When Using Digital Wallets
August 15, 2024  |  Mobile Wallets

Digital wallets are rapidly transforming the payments landscape, with projections indicating they will surpass debit cards in transaction value within three years. This transition highlights...

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Google Brings Value-Added Services to Its Digital Wallet
Google Brings Value-Added Services to Its Digital Wallet
August 14, 2024  |  Mobile Wallets

Digital wallets are transforming payments and commerce. In today’s operational landscape, where convenience reigns supreme and value-added services drive customer stickiness, the financial services industry...

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France Keeps Mobile Wallets Ready for Post-Olympic Events
France Keeps Mobile Wallets Ready for Post-Olympic Events
August 14, 2024  |  Digital Payments

Consumers in France are embracing digital wallets for payments. For example, more than one-third (38%) use them for online shopping. Surprisingly, we find millennials in...

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Credit Unions vs Big Tech: Winner Gets the Customer
Credit Unions vs Big Tech: Winner Gets the Customer
August 13, 2024  |  Banking

For banks — and especially for credit unions — the battle with Big Tech for the hearts, minds and wallet share of consumers may seem...

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Discover Global Network Points to Social Commerce as Example of Shopping’s Digital Transformation
Discover Global Network Points to Social Commerce as Example of Shopping’s Digital Transformation
August 12, 2024  |  Social Commerce

The lines between social interaction and commerce are increasingly blurred, and they show no signs of separating, at least not anytime soon. “Social commerce takes...

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Google Wallet and Acorns Launch Payment Solution Designed for Kids
Google Wallet and Acorns Launch Payment Solution Designed for Kids
August 09, 2024  |  Wearables

Parents can now provide their 7- to 12-year-old kids with a wearable payment device powered by Google Wallet and GoHenry by Acorns. The two organizations have partnered...

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