Tagged: digital wallets

Digital Asset Firm Kraken Explains how to Securely Store Bitcoin, Ethereum, Other Cryptocurrencies

Digital asset firm Kraken recently published a report that explains how to safely and securely store your cryptocurrency holdings. Kraken notes in its report that if you’ve recently purchased some crypto-assets, then you might feel uneasy after hearing about the many horror stories of investors… Read More

Bitcoin Taproot Upgrade Benefits Explained by Jameson Lopp, CTO at BTC focused Tech Firm Casa

Jameson Lopp, CTO at Bitcoin (BTC) focused firm Casa, recently explained what the Bitcoin (BTC) Taproot upgrade will bring to the world’s largest cryptocurrency network. Lopp discussed (in a recent blog post) how the Bitcoin Taproot update could affect you and your Bitcoin wallet, especially… Read More

Fintech as a Service Tech Provider Yimba and BaaS Platform Railsbank to Offer Solutions for Improving Digital Wallet Experience

Yimba, a FAST (Fintech As a Service Technology) company, and Railsbank, the global Banking-as-a-Service (BaaS) platform, are teaming up to offer clients with products and services that will improve their digital wallet experience with “the likes of Apple Pay, Samsung Pay, and Google Pay.” As… Read More

Malaysian Digital Wallet Provider Boost Joins PayNet Real-Time Retail Payment Platform

Digital wallet provider Boost recently revealed that it’s now a part of the PayNet Real Time Retail Payment Platform (RPP). Boost confirmed that it will be adopting DuitNow QR (beginning on March 26, 2021). DuitNow QR is the national QR code standard used in Malaysia…. Read More

Indonesian Online Wallet Platform LinkAja Selects Indian Software Firm PureSoftware’s Arttha Digital Payments Suite

Indonesia’s digital wallet platform LinkAja has chosen Indian software firm PureSoftware’s Arttha digital payments suite which will be powering the wallet provider’s core systems. The move is said to be consistent with LinkAja’s goal to further expand and strengthen its market presence as a payment… Read More

MicroWorkers Integrates with Ontology’s ONTO Digital Wallet to Facilitate Additional Payment Options for Workers

MicroWorkers has integrated Ontology’s ONTO wallet in order to facilitate additional payment options for workers. MicroWorkers’ integration of ONTO wallet completes the latest phase in their joint venture with the Ontology development team. Through the partnership, MicroWorkers plans to continue to promote users’ access to… Read More

Cash App from Square, Venmo from PayPal are Benefiting from Increased Use of Digital Wallets by Millennials, Analysts Explains

Catherine Wood, Founder, CEO, and CIO of ARK Investment Management LLC, an investment management company that managed the largest actively-managed exchange-traded fund (ETF) last year, recently commented on Fintech industry developments and shared her views regarding future growth opportunities. Wood, who previously worked at Jennison… Read More

ShopeePay Mobile Wallet Added to Digital Payments Acceptance Options Supported by Malaysia’s GHL Systems

GHL Systems Berhad’s Malaysia-based business operations have reportedly added the ShopeePay mobile wallet to their digital payments acceptance options. The new payments service has been added after a recent partnership with ShopeePay Malaysia Sdn Bhd. Through the partnership, GHL will enable its offline merchant base… Read More

ICON Foundation Introduces 50,000 ICX Token or Over $1 Million Smart Contract Auditing Fund for Blockchain Platforms

The ICON Foundation has confirmed that blockchain-enabled platform ICON, one of the largest DLT initiatives in South Korea, has introduced a dedicated audit fund. The initiative has been launched in order to support the secure development for ICON’s evolving ecosystem. The ICON Foundation noted that… Read More

Singapore Insurtech CXA Group to Sell Brokerage Division, will Focus on SaaS Platform and Global Expansion

Singapore-headquartered Insurtech firm CXA Group has reportedly decided to restructure its operations by selling off its brokerage division so that it can focus on the development and global expansion of its enterprise software-as-a-service (SaaS) platform. CXA stated that it will be selling its brokerage business… Read More

New Money Market Mutual Fund Is Being Offered via Indonesia’s OVO Mobile App through Partnership with Local Firms

Indonesian digital wallet provider OVO has teamed up with Manulife Aset Manajemen Indonesia (MAMI) and its partner Bareksa in order to introduce an instant redemption mutual fund. OVO stated that the new offering is the first of its kind in the Southeast Asian country. The… Read More

Ant Group and CIMB Owned Online Wallet Provider TNG Digital Is Reportedly Planning to Secure $150M to Support Expansion Efforts

TNG Digital, the digital wallet provider that was launched via a joint initiative between CIMB Bank and China’s Ant Financial (now Ant Group), is reportedly planning to secure $150 million in capital according to a recent report from Reuters. The Malaysian digital wallet operator, owned… Read More

Crypto OTC Markets See Up to 3x as Much Volume as Regular Exchanges, “Anecdotal Evidence” Suggests, Fintech Circle Claims

Global Fintech firm Circle notes that in the cryptocurrency over-the-counter (OTC) market, professional market participants are able to carry out large trades in a private manner and with “minimal price slippage,” which is why institutional clients are now “flocking” towards crypto OTC trading desks. Although… Read More

Digital Wallets Holding Over 100 Bitcoin (BTC) has Grown Significantly Following COVID Outbreak: Report

The team at Kraken, a leading US-based digital asset exchange, notes that cryptocurrency prices have been soaring, and related innovation is “breaking ground,” while key opportunities are flourishing. According to Kraken, crypto adoption is “relentless.” The Kraken team writes that as they begin a new… Read More

TNG Digital in Malaysia Is Reportedly one of the First Digital Wallet Providers to be Approved as a Recognized Market Operator

Touch ‘n Go (TNG) Group’s subsidiary TNG Digital Sdn Bhd (TNGD) is reportedly one of the first digital wallet providers to be given conditional approval to serve as a Recognized Market Operator (RMO) by the Securities Commission of Malaysia (SC). TNG’s management noted that they’re… Read More

Digital Payments Wallet GCash Chosen by Technical Education and Skills Development Authority in Philippines to Distribute Training Subsidies

Mobile payments wallet provider GCash has reportedly been chosen by the Technical Education and Skills Development Authority (TESDA) in the Philippines to distribute funding for training to local residents. TESDA has joined many other businesses and organizations that are using the GCash platform to carry… Read More

Fintech JazzyPay Partners Digital Wallet Provider GCash to Offer Cashless Payments Options to Essential Businesses in the Philippines

Fintech firm JazzyPay, which is based in the Philippines, has teamed up with digital wallet provider GCash in order to offer cashless payment options to essential service providers in the country. The GCash payments platform has been integrated into JazzyPay’s PCI DSS Level 1 compliant… Read More

Monetary Authority of Singapore Announces that Non-Bank Financial Institutitions May Access Retail Payments Infrastructure

The Monetary Authority of Singapore (MAS), the nation’s reserve bank and financial regulator, has revealed that eligible non-bank financial institutions (NFIs) will be able to gain direct access to the banking system’s retail payments infrastructure starting from February of next year. NFIs that are authorized to… Read More

Coinbase CEO Expresses Concerns About Potential New Regulations for Self-Hosted Crypto Wallets

Brian Armstrong, Co-founder and CEO at Coinbase, the leading US-based digital asset exchange, notes that this past week, the company heard rumors that the U.S. Treasury and Secretary Mnuchin had been planning to “rush out” some new regulations for self-hosted cryptocurrency wallets  – which would… Read More

Chainalysis Explains Why Authorities Must Look Beyond Direct Counterparties to Understand Risks Associated with Crypto Addresses

Chainalysis, a leading blockchain research firm, says that the best way to assess or determine the risk of a virtual currency address or group of associated addresses (e.g., like a wallet) is to analyze all the other addresses with which it has conducted transactions. According… Read More

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