Digital wallets stories - Page 5

Tokenised funds are forecast to surge from $4 billion in 2024 to $235 billion by 2029, driven by growing links between traditional asset management and DeFi platforms.

UK consumers and SMBs increasingly seek flexible, AI-powered payment solutions that offer personalised convenience and support cash flow amid funding challenges.

Interac has opened its e-Transfer network to more PSPs registered under Canada's new Retail Payment Activities Act, broadening access and innovation in digital payments.

Ledger warned of a major NPM supply chain attack targeting cryptocurrency wallets, thwarted due to malware coding errors preventing widespread fund theft.

Ecommpay expands Asian payment methods, enabling merchants to tap into the USD $23.8 trillion Asia-Pacific digital payments boom by 2032.

AMP Bank GO has blocked over 1,000 fraudulent accounts in six months using a selfie video verification and numberless cards to enhance security.

Cybercriminals exploit AI website builder Lovable to swiftly create phishing and scam sites, lowering barriers for digital crime, warns cybersecurity firm Proofpoint.

Task scams have cost jobseekers millions, with Trend Micro warning of a surge in frauds using fake jobs to trick victims into losing thousands of dollars.

EBANX expands in APAC, leveraging local expertise and regulatory compliance to link 100+ merchants with 200+ payment methods amid rising digital commerce.

Over 74% of Asia Pacific youth prefer digital apps for remittances, valuing speed and trust over fees, reveals Visa’s report covering 20 countries.

Canva teams up with Boku to offer localised payment methods across Asia and Europe, boosting access for users without credit cards.

A Nexi survey of 28,000 Europeans reveals regional online payment preferences and growing demand for sustainable retail practices across the continent.

Digimune and ViaCarte partner to launch Identicate, a cyber protection platform offering Australian banks real-time identity theft alerts and financial fraud cover.

Credas launches the UK’s first reusable compliance wallet to cut property ID checks from 5.4 to one, speeding up homebuying with verified digital credentials.

The Asia Pacific smart retail market is set to soar to USD $198.16 billion by 2034, driven by AI, IoT, and rising digital adoption across the region.

Worldpay has expanded its domestic acquiring services to Thailand, enabling local businesses to process payments with Thai banks and popular digital wallets more efficiently.

Ant International launched Alipay+ Voyager, an AI travel assistant in e-wallets, simplifying itinerary planning, bookings, and local payments across Asia and beyond.

Fintech firms are reshaping finance with programmable money, using stablecoins and smart contracts for faster, borderless, 24/7 value transfer globally.

Ecommpay has won the Best Consumer Payments System at the PayTech Awards for its innovative payout solution enhancing secure payments to cards and wallets.

Digital payments in Australia now dominate eCommerce, rising from 34% in 2014 to 66% in 2024, reshaping consumer habits and financial services.