Mobile Wallets

Nearly 6 in 10 Consumers Who Use Mobile Wallets to Pay Bills Face Difficulties
Nearly 6 in 10 Consumers Who Use Mobile Wallets to Pay Bills Face Difficulties
October 24, 2023  |  Mobile Wallets

The level of satisfaction among consumers using mobile wallets to pay bills is notably high. However, the system is still far from completely reliable, as...

READ MORE >
Contactless Transactions Mark ‘What’s Next’ in Payments Innovation
Contactless Transactions Mark ‘What’s Next’ in Payments Innovation
October 24, 2023  |  Credit Unions

The continued rise of contactless payments may be among the most notable payments trends of the year, and it could pave the way for innovations...

READ MORE >
Payments Innovation Is About Keeping Top of Wallet to Top of Mind
Payments Innovation Is About Keeping Top of Wallet to Top of Mind
October 24, 2023  |  Payments Innovation

The borders delineating digital technologies and payments are becoming increasingly blurred. And that’s a good thing. “We see payments moving up the funnel,” Rachel Moore,...

READ MORE >
Nearly 40% of Consumers Store Health Insurance Cards in Digital Wallets
Nearly 40% of Consumers Store Health Insurance Cards in Digital Wallets
October 23, 2023  |  Mobile Wallets

Digitally savvy consumers, particularly millennials, are finding mobile wallets to be an attractive and practical alternative to traditional physical wallets. In “The Mobile Wallet Challenge:...

READ MORE >
New CEO Sharpens Citcon’s ‘Laser Focus’ on Alternative Payment Methods 
New CEO Sharpens Citcon’s ‘Laser Focus’ on Alternative Payment Methods 
October 20, 2023  |  Payment Methods

“There are so many payments companies out there today,” Casey Bullock, Citcon’s new CEO, told PYMNTS’ Karen Webster.   “And many of them try to do...

READ MORE >
Remitly and Mastercard Team on Cross-Border Payments and Remittances
Remitly and Mastercard Team on Cross-Border Payments and Remittances
October 19, 2023  |  Payment Methods

Mastercard and Remitly Global, Inc. announced a partnership Thursday (Oct. 19) to expand access to cross-border payments and remittances. By integrating Mastercard’s Send and Cross-Border...

READ MORE >
Fobi AI to Acquire Digital Wallet Platform Wallet-Com
Fobi AI to Acquire Digital Wallet Platform Wallet-Com
October 18, 2023  |  Acquisitions

Artificial intelligence (AI) and data intelligence company Fobi AI agreed to acquire Wallet-Com, a digital wallet agency. The move will help Fobi, which focuses on...

READ MORE >
Australia Considers Regulation of Digital Payment Services
Australia Considers Regulation of Digital Payment Services
October 11, 2023  |  Digital Payments

The Australian government has announced its plans to introduce new legislation that would empower the Reserve Bank of Australia to regulate digital payment services, including digital wallet...

READ MORE >
Shared Digital Wallet Developer Braid Shuts Down After Four Years
Shared Digital Wallet Developer Braid Shuts Down After Four Years
October 10, 2023  |  Mobile Wallets

A founder of Braid, a consumer payments startup, announced the company’s closure, marking the end of its four-year journey to expand the use of shared...

READ MORE >