Digital Wallet news and trends

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)...

Mastercard and Samsung Partner on Digital Wallet Program
Mobile Wallets // December 06, 2023

Mastercard and Samsung Electronics have partnered on a new program called Wallet Express in the United Kingdom. This collaboration aims to provide banks and card issuers with an efficient way to expand their digital wallet offerings, giving U.K. consumers more options to make payments conveniently and securely, the companies said...

Coinbase Enables Sending Money Through Messaging and Social Media Apps
Cryptocurrency // December 05, 2023

Coinbase Wallet has added new features that aim to simplify and expedite money transfers globally. The updates allow Coinbase Wallet users to send money through any platform that supports link sharing, including popular messaging apps, social media apps and email, Coinbase said in a Tuesday (Dec. 5) blog post....

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
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 information from Apple Card, Apple Cash and Savings with Apple, TechCrunch reported Wednesday (March 6). Apple is partnering with personal finance management apps YNAB, Monarch and Copilot to roll out the API, […]

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...

RockWallet Acquires Wyre’s Customer Base, Launches Reactivation Process

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...

Mastercard and Samsung Partner on Digital Wallet Program

December 06, 2023
Mastercard and Samsung Electronics have partnered on a new program called Wallet Express in the United Kingdom. This collaboration aims to provide banks and card issuers with an efficient way to expand their digital wallet...