Tagged: digital wallets

January 21, 2022 @ 8:29 am By Omar Faridi  |  

Meta’s (NASDAQ: FB) two leading social media networks, Facebook and Instagram, are reportedly looking to enter the fast-evolving non-fungible token (NFT) sector. The tech giant will be focusing on making it seamless for Facebook and Instagram users to issue, trade and showcase their NFTs. As… Read More

January 6, 2022 @ 8:03 am By Omar Faridi  |  

The team at Bitcoin-focused firm Casa recently shared some notable privacy and security stories from last year. Casa wrote in a blog post that as technology continues to make advances, the world of privacy and security changes along with it. The end of 2021 saw… Read More

January 4, 2022 @ 10:51 pm By Omar Faridi  |  

As the number of digital wallet users across the globe continues to increase, Wyre and Rehive have teamed up to make it easier and quicker for companies or businesses to launch “fully” compliant and customized Fintech apps. Together, Wyre and Rehive will aim to offer… Read More

December 30, 2021 @ 7:24 pm By Omar Faridi  |  

In September of this year, the team at Robinhood (NASDAQ:HOOD) had announced that crypto wallets were coming to the platform—enabling clients to not only trade, but send and receive virtual currency via the Robinhood app. Robinhood wrote in a blog post that they’d long heard… Read More

November 30, 2021 @ 8:07 pm By Omar Faridi  |  

London’s Clear Junction has announced that it’s offering solutions to Paynet which aim to support its vision for cross-border payments services from European markets into Moldova. Paynet is reportedly the first digital wallet platform operating in Moldova. It runs one of the most extensive payments… Read More

November 18, 2021 @ 10:48 pm By Omar Faridi  |  

Indonesia-based digital wallet OVO is teaming up with financial marketplace Bareksa and Bahana TCW Investment Management in order to introduce a fixed-income product. The Bahana MES Syariah Fund Kelas O is reportedly being offered only via the OVO app as part of the digital wallet’s… Read More

November 1, 2021 @ 10:42 pm By Omar Faridi  |  

Touch ‘n Go has teamed up with Visa (NYSE: V) in order to create a prepaid card solution that is tied to its digital wallet and is expected to be available to clients next year. Touch ‘n Go Sdn Bhd (TNGSB) was incorporated in October… Read More

October 27, 2021 @ 10:48 pm By Omar Faridi  |  

Modern Treasury, a payments operations software platform, has announced its Virtual Accounts product in order to make it easy for firms to accurately track and reconcile payments “at scale.” The introduction of Virtual Accounts aims to further solidify Modern Treasury’s leadership in “enabling companies to… Read More

October 27, 2021 @ 4:58 pm By Omar Faridi  |  

XDEFI Wallet introduced its utility token $XDEFI, which is reportedly the latest token to be created by Delphi Digital ($AXS, $YGG, $PERP). The $XDEFI utility token will aim to support the larger XDEFI Wallet ecosystem including funding various decentralized finance (DeFi) and NFT projects. Token… Read More

October 12, 2021 @ 1:06 pm By Omar Faridi  |  

“Crypto Made Easy” pioneer Divi says that it has taken a step towards its mission to develop a completely decentralized, private payment service that will support the mass adoption of virtual currencies, with the UK launch of its user-friendly mobile wallet. The United Kingdom is… Read More

October 11, 2021 @ 10:16 pm By Omar Faridi  |  

As digital wallet usage accelerates, international payments provider Blackhawk Network and Magstar Inc., an ERP software provider for midsized retailers, have teamed up to expand digital wallet acceptance and improve virtual payments options in-store. Through this relationship, merchants and retailers are able to conveniently expand… Read More

September 19, 2021 @ 4:55 pm By Omar Faridi  |  

Axiata Digital’s digital wallet Boost revealed earlier this week that it has further expanded its insurance offerings with the introduction of automobile insurance, called “CarProtect,” which has been underwritten by Great Eastern General Insurance (Malaysia) Berhad. The digital wallet provider stated that CarProtect provides clients… Read More

September 3, 2021 @ 6:20 pm By Omar Faridi  |  

Veratad Technologies, an international provider of identity verification services, has fully integrated with Kernel Edge Technologies Ltd, (also known as Bank Kernel). Together, they plan to assist Fintech customers with getting to market in a fast and efficient manner. With the Bank Kernel Fintech Development… Read More

August 30, 2021 @ 10:42 pm By Omar Faridi  |  

GCash, a leading mobile wallet provider in the Philippines, reports steady growth as it saw a significant rise in its number of users from 20 million in January 2020 to 46 million in June 2021, according to a release. The GCash app also had more… Read More

August 23, 2021 @ 11:11 pm By Omar Faridi  |  

Kiplepay, a wholly owned division of Green Packet, has teamed up with Visa (NYSE: V) in order to offer the Kiple Visa Prepaid Card. Through the partnership, which was first announced last year, Kiplepay and Visa have introduced the prepaid card which aims to support… Read More

August 19, 2021 @ 7:25 pm By Omar Faridi  |  

Touch ‘n Go Group (TNG) and Principal Asset Management revealed on August 18, 2021 that they’re introducing the Principal e-Cash Fund, which is the underlying fund for Touch ‘n Go’s GO+. This product is now Shariah-compliant, the update confirmed. TNG’s management noted that this makes… Read More

August 18, 2021 @ 7:07 am By Omar Faridi  |  

UnionPay International (UPI) reveals that it has teamed up with the International Bank of Tajikistan in order to introduce the nation’s first contactless digital wallet, notably making UnionPay the very first payment service to provide mobile contactless payment options in the country. The number of… Read More

August 11, 2021 @ 7:19 pm By Tony Zerucha  |  

A new Omdia whitepaper commissioned by fintech solutions provider CR2 discusses the rise of digital wallets and their influence on the unbanked and underbanked and offers recommendations on how incumbent banks can embrace digital wallets to engage with new and existing customers. It cites key… Read More

August 11, 2021 @ 10:34 am By Omar Faridi  |  

Paysafe (NYSE: PSFE), a specialized payments platform, reveals that it has appointed international payments executive, Chirag Patel, as CEO of its global Digital Wallets business. Patel will be reporting directly to Group CEO, Philip McHugh, when he joins the firm in September 2021. Chirag has… Read More

August 10, 2021 @ 10:00 am By Omar Faridi  |  

Liquality, which claims to be the first multi-chain browser extension wallet, has announced the completion of a $7 million funding round that was led by Hashed, Galaxy Digital, White Star Capital, Accomplice, Coinbase Ventures, among others. Founded in 2018, Liquality offers access to widely-used blockchain… Read More