Tagged: digital wallets

September 11, 2026 @ 4:30 pm By Omar Faridi  |  

Enterprise demand for stablecoin-backed cards is accelerating, and a new partnership is designed to shorten the path from concept to live product. Wirex, a global stablecoin infrastructure company and principal member of both Visa and Mastercard, has brought Tempo onto its platform as a settlement… Read More

September 7, 2026 @ 6:35 pm By Omar Faridi  |  

A long-quiet Bitcoin address that first received coins in mid-2016 moved more than a thousand coins in a single transaction, while holders of early physical Bitcoin collectibles also began unlocking a cluster of coins after years of inactivity. The sending wallet used the older P2PKH… Read More

September 6, 2026 @ 5:54 pm By Omar Faridi  |  

Informal money-transfer systems such as hawala have grown more organised and now lean heavily on digital tools to hide criminal proceeds, a Financial Action Task Force (FATF) report concludes. Drawing on information from about 45 countries and organisations, including Pakistan and India, the Paris-based body… Read More

July 9, 2026 @ 4:24 pm By Omar Faridi  |  

Binance Wallet users can now directly access institutional-quality yields through Plume Network’s nBASIS vault, a development that brings tokenized strategies from major asset managers Bitwise and Invesco into one of the largest self-custody wallet ecosystems. The integration marks a notable expansion of real-world asset (RWA)… Read More

July 2, 2026 @ 9:46 pm By Omar Faridi  |  

MetaMask, the self-custodial cryptocurrency wallet developed by Consensys, has launched its Money Account feature. Announced this past month, the new tool lets users generate variable yields of up to 4% annually on stablecoin holdings, make purchases at merchants worldwide, and execute trades—all from one unified… Read More

June 29, 2026 @ 8:34 am By Omar Faridi  |  

The Philippines is accelerating its shift toward digital financial inclusion by integrating fintech platforms into government assistance programs. A key example is the recent collaboration between the Land Transportation Franchising and Regulatory Board (LTFRB) and Maya, which enables the electronic delivery of fuel subsidies to… Read More

June 1, 2026 @ 2:32 pm By Omar Faridi  |  

A US federal court directive has led stablecoin issuer Circle (NYSE:CRCL) to blacklist the Ethereum smart contract powering Zama’s confidential USDC (cUSDC) wrapper, effectively locking up about $12.6 million in pooled funds. This move, carried out around May 30, 2026, has disrupted users of the… Read More

May 28, 2026 @ 5:45 pm By Omar Faridi  |  

Coinbase‘s (NASDAQ:COIN) Ethereum Layer 2 network, Base, has taken a significant step toward merging artificial intelligence with decentralized finance by launching Base MCP. This innovative tool enables users to link their Base Accounts directly to popular AI platforms, allowing seamless onchain interactions through natural language… Read More

April 8, 2026 @ 8:18 am By Tony Zerucha  |  

The intersection of fintech, legacy systems and digital currencies make this an interesting time for attorneys like Ernest Simons. A corporate and M&A attorney at Thompson Corburn, Simons works with fintechs, payment platforms and PE investors on transactions and product launches. Simons helps companies evaluate… Read More

January 19, 2026 @ 2:12 pm By Omar Faridi  |  

As Canada steps into 2026, the payments landscape is evolving rapidly, driven by accelerating digital transformation in financial services. A key development underscoring this shift is Payments Canada‘s recent appointment of Stephanie Zee as its new Chief Product Officer (CPO). This strategic move aims to… Read More

November 11, 2025 @ 3:51 pm By Omar Faridi  |  

Mike Cagney, the executive board chairperson and the co-founder of Figure (NASDAQ:FIGR), has said that blockchain wallets are going to completely disrupt how existing financial services actually work. Cagney also mentioned that today, we have an account at a firm like SoFi. They offer clients… Read More

August 25, 2025 @ 1:47 pm By Tony Zerucha  |  

UPay’s 2025 Global Digital Payments Report provides a concise summary of virtual card and digital wallet use. It also offers a prescription for future growth. Digital wallet spending growth over the past decade is essentially tenfold, growing from $1.6 trillion in 2014 to $15.7 trillion… Read More

August 17, 2025 @ 4:23 pm By Omar Faridi  |  

Recently, cryptocurrency exchange Gemini took a significant step toward going public, with its S-1 registration statement shedding light on the company’s financial health, operational changes, and plans for a 2025 initial public offering (IPO). The filing, made public this past Friday, follows a confidential draft… Read More

August 5, 2025 @ 3:06 pm By Omar Faridi  |  

Visa (NYSE: V), a global enabler of digital payments, announced an advancement for Fleet Operators. With the addition of Google Pay tokenization and push-to-wallet, Visa addresses the “challenge of fleet data tags being tied solely to the plastic card chip.” Now, fleet data tags can… Read More

May 29, 2025 @ 8:13 am By Omar Faridi  |  

Exodus announces the launch of XO Pay, a service that allows customers to buy and sell cryptocurrency directly within the Exodus Mobile wallet. Developed by Exodus and powered “by Coinme’s Crypto-as-a-Service API platform, XO Pay is the self-custody wallet with native on-ramping.” XO Pay eliminates… Read More

May 26, 2025 @ 1:01 am By Omar Faridi  |  

Curve, a digital wallet provider, announced the launch of Curve Pay on iOS, marking a watershed moment in mobile payments. Curve Pay becomes the first payment solution to leverage the accessible iPhone NFC interface after Apple’s “acceptance of the European Commission’s ruling on competition concerns,… Read More

May 6, 2025 @ 5:04 pm By Omar Faridi  |  

Digital assets firm OKX continues to expand its role in the Web3 space with a series of updates, including enhancements to its DEX aggregator, the introduction of OKX Pay, a new digital wallet app, and the appointment of Jonathan Brockmeier as Chief Commercial Officer (CCO)…. Read More

April 8, 2025 @ 6:43 am By Omar Faridi  |  

After a rollout on Transit, SEPTA is expanding contactless payment options to Regional Rail starting on Friday, April 4. This means customers on all modes – trains, buses, subways, and trolleys – can easily “tap on using their credit or debit card, or mobile wallet.”… Read More

April 2, 2025 @ 8:38 am By Omar Faridi  |  

BitPay, a cryptocurrency payments platform and wallet provider, has officially launched its UK website and wallet app in compliance with the Financial Promotions Regime. The launch gives the UK crypto community access to a “range of consumer crypto solutions, solidifying BitPay’s commitment to a growing… Read More

February 19, 2025 @ 12:47 pm By JD Alois  |  

The UK Financial Conduct  Authority (FCA) and Payment Systems Regulator (PSR) have published a statement on the rise and usage of digital wallets. The two regulators note that the use of digital wallets has grown in recent years, with card transactions using a digital wallet… Read More