digital wallets

EC Adopts Technical Standards for EU Digital Identity Wallets
EC Adopts Technical Standards for EU Digital Identity Wallets
November 29, 2024  |  Digital Identity

The European Commission (EC) has adopted technical standards for cross-border European Digital Identity (eID) Wallets in the European Union (EU), saying this will help member states...

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What Are Consumers Buying With Crypto This Black Friday?
What Are Consumers Buying With Crypto This Black Friday?
November 29, 2024  |  Cryptocurrency

Video killed the radio star, but could cryptocurrency payments kill credit and debit cards? Even though bitcoin hit a record high this month, the chances...

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ID.me Valued at $1.8 Billion Following Tender Offer
ID.me Valued at $1.8 Billion Following Tender Offer
November 25, 2024  |  Identity

ID.me has reportedly been valued at $1.8 billion following a tender offer. That’s up from $1.73 billion two years ago, Bloomberg News reported Monday (Nov. 25), citing a...

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Digital Identities, Wallets and Tokens Give Consumers Passports to Commerce
Digital Identities, Wallets and Tokens Give Consumers Passports to Commerce
November 25, 2024  |  Mobile Wallets

The concept behind tokenization is straightforward. Sensitive data (often personal information) is replaced with a non-sensitive, digital representation (token). The simple concept is helping secure...

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Digital Wallets Gain Traction: Nearly Half of US Consumers Tap In
Digital Wallets Gain Traction: Nearly Half of US Consumers Tap In
November 23, 2024  |  Mobile Wallets

In the U.S., digital wallets have become popular for everyday transactions, yet their full potential remains largely untapped. While smartphones are everywhere, and digital wallets...

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Two-Thirds of Digital Wallet Users in France Use Them for Everything but Payments
Two-Thirds of Digital Wallet Users in France Use Them for Everything but Payments
November 22, 2024  |  Mobile Wallets

Digital wallets are becoming essential tools for French consumers, especially as the country embraces the convenience of mobile payment solutions. In the past year, 38%...

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Why Complexity Is the Enemy of the Sale
Why Complexity Is the Enemy of the Sale
November 22, 2024  |  Buy Now Pay Later

Even with the continued shift to digital payments and the plethora of payment options, there are still stumbling blocks in commerce. Complexity is the enemy...

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Final CFPB Rule Expands Oversight of Big Tech’s Payments Ambitions 
Final CFPB Rule Expands Oversight of Big Tech’s Payments Ambitions 
November 21, 2024  |  Regulation

The payment ambitions of the largest, marquee names in technology now will come under greater scrutiny at the federal level. A finalized rule from the...

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47% of Brazilians Use Digital Wallets for Bill Payments
47% of Brazilians Use Digital Wallets for Bill Payments
November 21, 2024  |  Mobile Wallets

Brazil is reshaping the global use of digital wallets, with consumers relying on them for bill payments and identity verification, unlike other countries, where they...

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