Tagged: digital wallets

August 8, 2022 @ 10:50 pm By Omar Faridi  |  

Liminal, a wallet operations infrastructure, recently unveiled “an additional protection for customers.” The insurance covers Liminal’s backup keys, which “serve as a fail safe to recover lost Liminal keys.” Canopius, a global specialty (re)insurer and Lloyd’s of London syndicate, “wrote the $50 million policy, which… Read More

August 8, 2022 @ 9:56 pm By Omar Faridi  |  

Bitwage recently announced a “preferred” wallet partnership with Casa and Edge Wallet. On August 1st, news broke that they were partnering with Casa and Edge “as preferred wallet partners.” According to Bitwage, this means that users can now “download and access Casa or Edge as… Read More

August 7, 2022 @ 9:08 pm By Omar Faridi  |  

On August 3, 2022, a large-scale incident of currency theft occurred on Solana, and a large number of users “transferred SOL and SPL tokens without their knowledge,” the SlowMist team noted in their analysis of the incident. The SlowMist security team “tracked and analyzed this… Read More

August 1, 2022 @ 10:43 pm By Omar Faridi  |  

TNG Digital, the owner and operator of the Touch ‘n Go eWallet, has secured RM 750 million (appr. $168.5 million) as part of its latest round of equity funding. This investment round has been led by a fresh investment from the Lazada Group and a… Read More

July 17, 2022 @ 10:31 pm By Omar Faridi  |  

MetaMask, which is ConsenSys’ mobile app and browser extension wallet, recently celebrated its 6th anniversary. MetaMask has “achieved 6 digit growth in Monthly Active Users (MAUs) since its inception.” The fast growth of the last two years can be “attributed to the frenzy of interest… Read More

July 13, 2022 @ 11:17 pm By Omar Faridi  |  

ABN AMRO’s (AMS: ABN) freelancer payout solution Payday is launching a new pilot in collaboration with Younited®, the widely-used platform for self-employed workers: the Payday Freelancer Wallet app. The freelance market continues “to flourish and grow,” according to an update from the ABN AMRO.  In… Read More

July 4, 2022 @ 3:47 pm By Omar Faridi  |  

Paysafe (NYSE: PSFE), a specialized payments platform, recently announced its entry into the Arkansas mobile sports-betting market through a partnership with BetSaracen, the sportsbook app from Saracen Casino Resort in Pine Bluff, Arkansas, which is “owned by the Quapaw Tribe, based in Oklahoma.” The partnership’s… Read More

June 28, 2022 @ 1:25 am By Omar Faridi  |  

Liminal, a wallet operations infrastructure that secures digital assets, has reportedly surpassed $3 billion in transactions via its platform. Established in 2021, this milestone comes “as a reflection of the company’s capacity to scale in a relatively short amount of time,” according to an update… Read More

June 25, 2022 @ 10:24 am By Omar Faridi  |  

Klarna, a digital bank, payments, and credit provider, announced the launch of its new Loyalty Card feature in the Klarna App. This allows app users “to store and access their physical loyalty cards as digital versions.” They can then “collect all points and benefits at… Read More

June 16, 2022 @ 7:59 am By Omar Faridi  |  

Rewire, a digital wallet designed for economic migrants, has made its very first acquisition, picking up Imagen, a pre-paid card service provider intended for migrants in Israel. Financial terms were not shared publicly. Imagen operates over 30,000 active pre-paid MasterCards that are connected to the… Read More

June 15, 2022 @ 1:42 am By Omar Faridi  |  

Wirex, a crypto payments firm, has made their recently launched non-custodial wallet more accessible to APAC users “after releasing a new payment method.” The addition of instant bank transfers and local payment systems for Indonesian and Malaysia customers “to purchase crypto on the app will… Read More

June 3, 2022 @ 9:18 am By Omar Faridi  |  

Wirex, a crypto payments company, is expanding the suite of top-up methods on their non-custodial wallet “for Indian customers.” The addition of this popular payment option to purchase crypto “will make the digital economy more accessible for over 1 billion people in India.” The Wirex… Read More

June 2, 2022 @ 10:58 pm By Omar Faridi  |  

Liminal, a wallet operations infrastructure that secures digital assets in a simple and efficient way, has acquired $4.7 million via its seed round that was led by Elevation Capital. The investment round also saw participation from investors such as LD Capital, Woodstock, Nexus Ventures, and… Read More

June 1, 2022 @ 11:56 am By Omar Faridi  |  

KuCoin, which claims to be a “leading” global cryptocurrency trading platform, has launched its “brand-new” decentralized product — KuCoin Wallet, with its website “going live for users to access the service starting June 1st.” The official app of KuCoin Wallet is also expected “to launch… Read More

May 15, 2022 @ 7:53 pm By Omar Faridi  |  

Clear Junction has announced the introduction of an e-wallet solution that will “enable open banking providers to overcome some of the challenges they face when going to market.” Clear Junction has been working on a new and improved e-wallet solution that “adds value to open… Read More

March 27, 2022 @ 6:12 pm By Omar Faridi  |  

The team at Airwallex notes that as the global online sales continue to grow, “so do customer expectations.” Digital wallets such as Apple Pay are “becoming more popular, more secure — and without all the friction, more necessary for eCommerce success.” As noted in the… Read More

March 17, 2022 @ 11:11 pm By Omar Faridi  |  

Prakash Hariramani, Senior Director, Product Management, and Bipul Sinha, Senior Product Manager at Coinbase (NASDAQ:COIN) noted that the firm is introducing Coinbase Pay, which is described as “the easiest way for Coinbase users to fund their Coinbase Wallet from the Chrome browser extension and explore… Read More

March 2, 2022 @ 9:30 am By Omar Faridi  |  

Since 2016, Mambu and Persistent Systems have reportedly been assisting banking institutions and financial service providers with transforming their products and operations via digital acceleration and Cloud-native banking tech. A digital engineering firm, Persistent is a “strategic” partner of Mambu providing industry and technical expertise… Read More

February 14, 2022 @ 11:39 pm By Omar Faridi  |  

i2c Inc., a provider of digital payment and banking tech, announced its partnership with KARTY, a Qatar-based Fintech offering tailored digital financial solutions to the MEA region, in order to introduce a digital-first prepaid mobile wallet to the country. Leveraging i2c’s international payments platform, Karty’s… Read More

February 6, 2022 @ 5:41 pm By Omar Faridi  |  

Sber has reportedly marketed money transfers to Alipay wallets in mainland China by using phone numbers. In order to make a remittance payment, users simply need to indicate the phone number and full name of the intended recipient via SberBank Online, and the funds will… Read More