Digital Wallets news and trends

Inrupt Debuts Data Wallet as Digital Wallet Use Grows
Mobile Wallets // July 23, 2024

Enterprise software firm Inrupt has introduced a digital wallet designed to hold user data. Businesses and governments, the company wrote on its blog Tuesday (July 23), can use the technology to give customers and citizens a place to store their data. “Over 60% of the...

Samsung-IDEMIA Partnership Brings Mobile IDs to Iowa Drivers
Identity // July 22, 2024

Biometrics firm IDEMIA has teamed with Samsung to bring mobile IDs to Iowa. The collaboration, announced in a news release Monday (July 22), allows Iowa residents to store their mobile ID in their Samsung Wallet. Residents can now use the mobile ID to confirm their...

Cash App Integrates With Google Play to Attract Gamers
Digital Payments // July 18, 2024

Cash App has integrated with Google Play to offer more checkout options on Android devices. The partnership, announced Thursday (July 18), is designed to help the companies engage with a range of consumers, particularly in the gaming space. “We’re continuously expanding payment options on Google...

Study: Digital Wallets to Overtake Debit Cards for In-Store Payments by 2027
Money Mobility // July 17, 2024

Digital wallets have revolutionized the payment space in recent years. They provide an easy, contactless and secure way to make purchases and transfer money through the convenience of smartphones. The method is the fastest-growing payment option in the United States, which is especially true among...

Interviews & Exclusives
New Data: Gen Z Leads the Way as Digital Wallets Surge in the UK

July 24, 2024
Digital wallets are becoming popular among consumers in the United Kingdom. In fact, nearly half (44%) of consumers in the country expect to continue using these wallets to carry out financial transactions in the next three years. But these tools have the potential to allow consumers to do so much more than just make payments. […]

Do US Consumers Underestimate the Potential Of Digital Wallets?

July 08, 2024
In the United States, digital wallets can be anywhere a smartphone is. In other words, everywhere. Many U.S. consumers are embracing digital wallets, particularly for online shopping. In fact, data...

Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page Opinion

July 02, 2024
After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card swipe fee settlement between Visa,...

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...

Quick Reads
Inrupt Debuts Data Wallet as Digital Wallet Use Grows

July 23, 2024
Enterprise software firm Inrupt has introduced a digital wallet designed to hold user data. Businesses and governments, the company wrote on its blog Tuesday (July 23), can use the technology to give customers and citizens a place to store their data. “Over 60% of the world’s population is expected to use digital wallets regularly by […]

Samsung-IDEMIA Partnership Brings Mobile IDs to Iowa Drivers

July 22, 2024
Biometrics firm IDEMIA has teamed with Samsung to bring mobile IDs to Iowa. The collaboration, announced in a news release Monday (July 22), allows Iowa residents to store their mobile...

Cash App Integrates With Google Play to Attract Gamers

July 18, 2024
Cash App has integrated with Google Play to offer more checkout options on Android devices. The partnership, announced Thursday (July 18), is designed to help the companies engage with a...

UK Regulators Investigating Benefits, Risks of Digital Wallets

July 15, 2024
Two United Kingdom regulators have begun gathering information on the benefits and risks of digital wallets for people and businesses. The Payment Systems Regulator (PSR) and Financial Conduct Authority (FCA) launched a...