Digital wallets stories

Visa has launched its Scan to Pay QR service across Asia Pacific, enabling millions of merchants to accept Visa payments via popular digital wallets and apps.

AI, social media, and flexible payments like BNPL will shape festive shopping as 69% of consumers trust AI to assist their Black Friday and holiday purchases.

The collaboration is set to offer Canadian customers easier international money transfers in over 10 currencies via their existing accounts.

A study reveals mobile access control reduces environmental impact by over 75% compared to PVC cards, boosting sustainability in security solutions.

Exactly.com has launched Apple Pay Express Checkout, letting UK merchants offer one-tap payments to reduce online cart abandonment and speed up sales.

Yubico unveils prototypes of post-quantum security keys and new digital identity features, enhancing authentication beyond passwords with stronger, privacy-focused tech.

Fergus has launched tap-to-pay on mobiles, letting tradespeople accept instant contactless payments without extra hardware, boosting convenience and cash flow.

PayPal launches PayPal Open in Australia, a unified platform offering global payments, lending, and insights for businesses of all sizes.

Mobile wallets are gaining popularity with young UK shoppers, while older generations continue to prefer debit and credit cards for online purchases.

Ant International’s Alipay+ now links 1.8 billion users across 100+ markets with AI-powered travel and payment services, boosting global transactions by 30%.

The Emerging Payments Association of Asia urges APAC payments firms to urgently bolster defences against quantum computing risks, highlighting a major security gap.

Galaxy Digital's CEO predicts AI agents will soon be the biggest users of stablecoins, merging smart finance with instant digital payments in everyday life.

Tokenised funds are forecast to surge from $4 billion in 2024 to $235 billion by 2029, driven by growing links between traditional asset management and DeFi platforms.

UK consumers and SMBs increasingly seek flexible, AI-powered payment solutions that offer personalised convenience and support cash flow amid funding challenges.

Interac has opened its e-Transfer network to more PSPs registered under Canada's new Retail Payment Activities Act, broadening access and innovation in digital payments.

Ledger warned of a major NPM supply chain attack targeting cryptocurrency wallets, thwarted due to malware coding errors preventing widespread fund theft.

Ecommpay expands Asian payment methods, enabling merchants to tap into the USD $23.8 trillion Asia-Pacific digital payments boom by 2032.

AMP Bank GO has blocked over 1,000 fraudulent accounts in six months using a selfie video verification and numberless cards to enhance security.

Cybercriminals exploit AI website builder Lovable to swiftly create phishing and scam sites, lowering barriers for digital crime, warns cybersecurity firm Proofpoint.

Task scams have cost jobseekers millions, with Trend Micro warning of a surge in frauds using fake jobs to trick victims into losing thousands of dollars.