Digital Wallet news and trends

Visa Launches Digital Card Replacement Service for Travelers
VISA // June 26, 2024

Visa has launched a new service that delivers a digital card replacement via text or email to cardholders anywhere in the world. When cardholders receive their new card, which Visa sends on behalf of card issuers, they can authenticate it and add it to their...

Apple’s New API Offers Users Peek at Balances
Apple // March 06, 2024

Apple has unveiled an application programming interface (API) enabling users to see their balances on their Apple finance products. Called FinanceKit, the API allows developers to fetch transactions and balance information from Apple Card, Apple Cash and Savings with Apple, TechCrunch reported Wednesday (March 6). Apple is...

Regions Bank Launches Commercial Card Solution From Visa
B2B Payments // March 05, 2024

Regions Bank has become the first financial institution to launch Visa Commercial Pay Mobile. This commercial card solution from Visa integrates digital wallets into business payment systems, enhancing convenience and security for Treasury Management clients, the companies said in a Tuesday (March 5) press release. “The acceleration of digitization...

RockWallet Acquires Wyre’s Customer Base, Launches Reactivation Process
Cryptocurrency // February 15, 2024

RockWallet, a self-custodial, multicurrency wallet, has announced the acquisition of the customer base of Wyre, a crypto payment platform that shut down in June 2023. This development allows former Wyre clients to seamlessly use cryptocurrency on RockWallet’s platform without the need for redoing the know-your-customer (KYC)...

Interviews & Exclusives
Visa Backs TerraPay to Connect Digital Wallets to Cross-Border Commerce

May 10, 2023
Hundreds of millions of consumers and businesses use digital wallets — and not traditional bank accounts — to transact across the globe. That’s especially true in emerging markets, where the ubiquity of mobile devices offers a springboard to transitioning away from bills and coins. But moving from cash to a digital environment also demands that […]

Digital Escrow Helps Africa’s SMBs Bridge Trade Trust Deficit

May 10, 2023
An estimated $5 billion is lost annually in intra-African trade. And apart from the high trade costs associated with operating in a highly fragmented region, Terence Naidu, founder and CEO...

EPI CEO Says Europe Ready for One Digital Wallet

May 08, 2023
As regulators push for the development of instant payments, European Union countries continue to leverage preexisting economic relationships to advance faster payments across the region.  It’s a trend that has...

61% of Millennials Want Real-Time Payments — the Challenge Is Acceptance

March 16, 2023
Making digital payments has become an everyday process for millions of consumers worldwide, representing a giant leap in convenience, security and accessibility over traditional methods such as cash or payment...

Quick Reads
Algorand Debuts LiquidAuth for More Secure Crypto Communications

June 26, 2024
Blockchain builder Algorand has debuted a tool for decentralized authentication and communication called LiquidAuth.  As the company said in a news release Wednesday (June 26), LiquidAuth is an open-source solution for “authenticated peer-to-peer communication between wallets and apps/dApps,” designed to end the “overreliance” on centralized wallet communication provider WalletConnect. “While it emerged in response to […]

Visa Launches Digital Card Replacement Service for Travelers

June 26, 2024
Visa has launched a new service that delivers a digital card replacement via text or email to cardholders anywhere in the world. When cardholders receive their new card, which Visa...

Apple’s New API Offers Users Peek at Balances

March 06, 2024
Apple has unveiled an application programming interface (API) enabling users to see their balances on their Apple finance products. Called FinanceKit, the API allows developers to fetch transactions and balance...

Regions Bank Launches Commercial Card Solution From Visa

March 05, 2024
Regions Bank has become the first financial institution to launch Visa Commercial Pay Mobile. This commercial card solution from Visa integrates digital wallets into business payment systems, enhancing convenience and security for Treasury...