Digital Payments/page/141 news and trends

Wirex Adds 2 Stablecoins to Platform to Streamline Digital Currency Spending
Cryptocurrency // December 23, 2024

Wirex added two new stablecoins to its digital payments platform. The integration of the VNX Euro (VEUR) and VNX Swiss Franc (VCHF) coins allows users to spend these currencies directly through their Wirex cards, the United Kingdom-based company said in a Monday (Dec. 23) press...

What Was Crypto’s Biggest 2024 Story? Hint: It Wasn’t Named Elon
Blockchain // December 23, 2024

For once in its recent history, the cryptocurrency sector is likely ending the year on a high. Bitcoin, despite dropping below the $100,000 mark as of reporting, is up over 110% for the year having hit a successive series of all-time highs. Institutional adoption of...

61% of Zillennials Prioritize Convenience, Driving Digital Wallet Adoption
Digital Payments // December 23, 2024

Zillennials, born between 1991 and 1999, are reshaping payment trends as their spending power increases. They are embracing digital wallets, moving away from cash, and being cautious with credit cards. As this generation’s influence grows, businesses must adapt to their payment preferences to meet their...

How ISO Standards Could Reshape Cross-Border Payments
Cross-border Payments // December 20, 2024

Since the inception of global trade, the world’s financial systems have largely talked past and around each other. The reason? Diverse payment systems and communication protocols across countries and financial institutions have led to fragmentation and a lack of standardization across the world’s economies and...

Interviews & Exclusives
95% of Companies That Fully Automate AP See Healthier Finances

December 24, 2024
Many businesses rely on manual accounts payable and accounts receivable processes, which lead to slow, error-prone accounting that increases fraud risk. This can result in cash flow consequences, impacting both sides of the ledger. The PYMNTS Intelligence report “Why Automating Both AR and AP Is Vital to Fiscal Fitness” found that as companies seek to […]

What Was Crypto’s Biggest 2024 Story? Hint: It Wasn’t Named Elon

December 23, 2024
For once in its recent history, the cryptocurrency sector is likely ending the year on a high. Bitcoin, despite dropping below the $100,000 mark as of reporting, is up over...

61% of Zillennials Prioritize Convenience, Driving Digital Wallet Adoption

December 23, 2024
Zillennials, born between 1991 and 1999, are reshaping payment trends as their spending power increases. They are embracing digital wallets, moving away from cash, and being cautious with credit cards....

Beyond Breaches: Why Security and Trust Are the Real Currency of Payments

December 19, 2024
The stakes for fraud prevention and data security are rising with innovation across digital payments. Trust remains the cornerstone of today’s dynamic ecosystem, but it is increasingly tested by a...

Quick Reads
Wirex Adds 2 Stablecoins to Platform to Streamline Digital Currency Spending

December 23, 2024
Wirex added two new stablecoins to its digital payments platform. The integration of the VNX Euro (VEUR) and VNX Swiss Franc (VCHF) coins allows users to spend these currencies directly through their Wirex cards, the United Kingdom-based company said in a Monday (Dec. 23) press release. “This addition allows our users to effortlessly spend stablecoins […]

Luxury Brands Consider Accepting Crypto Payments

December 18, 2024
With bitcoin rising, the luxury world is reportedly showing more interest in allowing cryptocurrency payments. As Reuters reported Wednesday (Dec. 18), until recently just a handful of brands — including...

Mastercard Teams With Türkiye’s Dgpays to Promote Digital Payments

December 18, 2024
Mastercard has launched a digital payments-focused partnership with Türkiye-based FinTech company Dgpays. The collaboration is aimed at promoting the adoption of digital payment solutions for consumers and businesses in Eastern Europe, the...

AstroPay Debuts Multicurrency Wallet for Cross-Border Payments

December 17, 2024
Cross-border finance FinTech AstroPay has introduced its multicurrency wallet. The new offering, announced by the London-based company Tuesday (Dec. 17), is aimed at simplifying how users manage money across borders....