Mobile Wallets news and trends

Coinbase Debuts Wallet App as Hub for Onchain Activity
Blockchain // July 11, 2024

Cryptocurrency exchange Coinbase introduced a centralized hub for monitoring onchain activity. “In the rapidly evolving, decentralized world of crypto, keeping track of your onchain activities can be hard,” the company said in a Thursday (July 11) blog post. “Today, many people use manual spreadsheets and...

Apple Opens Payments Tech to Avoid EU Fine
Apple // July 11, 2024

Apple has agreed to open its mobile wallet tech to rivals, thus avoiding fines in Europe. The agreement, announced by the European Union (EU) Thursday (July 11), is binding for a decade, letting other companies use the technology free of charge. In doing so, Apple...

TerraPay and Africa’s enza Form Cross-Border Payments Partnership
Digital Payments // July 10, 2024

Africa-focused payments technology firm enza has partnered with money movement company TerraPay. The collaboration, announced Wednesday (July 10), is designed to promote financial inclusion in Africa, the companies said in a news release provided to PYMNTS. That means enza—with offices in South Africa and Egypt—can...

Data: Consumers Are Using Digital Wallets for More Than Payments — Here’s How
Mobile Wallets // June 27, 2024

Consumers’ use of digital wallets is evolving beyond just making purchases, and younger generations are showing the way forward. The PYMNTS Intelligence report “Digital Wallets Beyond Financial Transactions: A Global Perspective,” created in collaboration with Google Wallet, drew from a survey of more than 12,000...

Interviews & Exclusives
Trending: Next Steps for Apple as It Opens Its Ecosystem in Europe

July 12, 2024
For Apple, the iPhone and the App Store have historically been linchpins for its ecosystem — where the hardware is an onramp to a broad range of services that forge a continuum of commerce, content and payments. But Apple’s opening its payments tech and its App store to rivals in Europe, which seemingly loosens some […]

Data: Consumers Are Using Digital Wallets for More Than Payments — Here’s How

June 27, 2024
Consumers’ use of digital wallets is evolving beyond just making purchases, and younger generations are showing the way forward. The PYMNTS Intelligence report “Digital Wallets Beyond Financial Transactions: A Global...

Apple Pay Expands Services Ecosystem ‘Off’ iPhone Onto Chrome and Into Installments

June 11, 2024
The first few days of Apple’s annual developer conference, stretching from Monday (June 10) to Friday (June 14), may seemingly be all about artificial intelligence. But a set of announcements...

Digital IDs and Biometrics Upgrades Define Future of Transaction Security

June 11, 2024
The interlinked future of digital identity and biometrics is already starting to transform payments. As digital wallets increasingly gain traction, the security features driving their use are emerging as components...

Quick Reads
Coinbase Debuts Wallet App as Hub for Onchain Activity

July 11, 2024
Cryptocurrency exchange Coinbase introduced a centralized hub for monitoring onchain activity. “In the rapidly evolving, decentralized world of crypto, keeping track of your onchain activities can be hard,” the company said in a Thursday (July 11) blog post. “Today, many people use manual spreadsheets and need to open multiple browser tabs to track their assets […]

Apple Opens Payments Tech to Avoid EU Fine

July 11, 2024
Apple has agreed to open its mobile wallet tech to rivals, thus avoiding fines in Europe. The agreement, announced by the European Union (EU) Thursday (July 11), is binding for...

TerraPay and Africa’s enza Form Cross-Border Payments Partnership

July 10, 2024
Africa-focused payments technology firm enza has partnered with money movement company TerraPay. The collaboration, announced Wednesday (July 10), is designed to promote financial inclusion in Africa, the companies said in...

EU Continues Testing Digital Identity Wallets

June 23, 2024
The European Union (EU) is getting closer to rolling out its digital identity wallet. As the European Commission (EC) noted on its website recently, the wallet “will be a secure...