Mobile Wallets

Mobile Wallets
Apple Joins California’s Mobile Driver’s License Pilot Program
September 19, 2024

Some California residents can now add their driver’s licenses and state IDs to Apple Wallet. This capability will be rolled out as part of the California DMV’s mobile driver’s license (mDL) pilot program, which launched in 2023 and is limited to 1.5 million participants, Apple...

Mobile Wallets
TerraPay President Says Cross-Border Payments Need Global Digital Wallet Network
September 05, 2024

In emerging markets, the digital wallet represents much more than a novel payment option. It is a digital passport to the digital world. And in that world, a card can go anywhere, but software — not so much. As digital payments grow in popularity, this...

Mobile Wallets
Thailand Adds Cash Payments to $13 Billion Digital Wallet Plan
September 03, 2024

Thailand’s digital wallet stimulus plan has suddenly become less digital. As Reuters reported Tuesday (Sept. 3), Prime Minister Paetongtarn Shinawatra said the government’s planned 450 billion baht ($13.1 billion) “digital wallet” handout will be distributed in cash, a change from the government’s flagship policy. Initially,...

Mobile Wallets
What the US Can Learn From Europe’s Digital Wallet Renaissance
September 03, 2024

Digitization over the past decade-plus has transformed the back office with next-generation software solutions. But it’s not just the back office; innovations like digital wallets have been transforming the proverbial back pocket, too. The impact digital wallets are having as mobile technology advances and consumer...

Mobile Wallets
Hotels Turn to Digital Wallets Amid Key Card Security Worries
September 01, 2024

Just as plastic cards replaced metal keys at hotels, digital wallets are replacing key cards. As CNBC reported Sunday (Sept. 1), this shift follows a tough stretch for plastic hotel key cards, thanks to health concerns during the pandemic and cybersecurity worries more recently.  That’s led...

Mobile Wallets
MercadoLibre Targets Banks in Complaint With Argentina’s Competition Regulator
August 26, 2024

MercadoLibre has filed a complaint with Argentina’s competition regulator, alleging that Argentine banks are using an anti-competitive tactic against the company’s FinTech arm, Mercado Pago. In its legal complaint filed with the country’s National Commission in Defense of Competition, MercadoLibre accused the banks of “illegally...

Mobile Wallets
BetMGM Lets Nevadans Connect via Digital Nationwide Wallet
August 22, 2024

BetMGM says it is the first betting app offering Nevada bettors nationwide connectivity via digital wallet. “Through its operation and partnership with MGM Resorts International and powered by Entain’s technology, this innovative feature makes BetMGM the only legalized sports betting app to allow Nevada residents and visitors to...

Mobile Wallets
5 Emerging Security Imperatives for Digital Wallets
August 21, 2024

There are two dueling trends defining 21st century payments: digitization and cybercrime. And while the two trends are unrelated — particularly given that paper-based payments are more of a fraud risk than their digital counterparts — a new research paper published last week (Aug. 14)...

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

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 state of California to bring IDs to Apple Wallet “soon,” the company said in a Thursday (Aug. 15) press release....