Digital wallets stories - Page 4

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

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.

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

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.

Canva teams up with Boku to offer localised payment methods across Asia and Europe, boosting access for users without credit cards.

A Nexi survey of 28,000 Europeans reveals regional online payment preferences and growing demand for sustainable retail practices across the continent.

Credas launches the UK's first reusable compliance wallet to cut property ID checks from 5.4 to one, speeding up homebuying with verified digital credentials.

Ecommpay has won the Best Consumer Payments System at the PayTech Awards for its innovative payout solution enhancing secure payments to cards and wallets.

Paynt acquires Canadian payments firm E-xact to boost North American growth, targeting a further US acquisition by late 2025.

UK and European finance teams boost automation adoption, with 81% increasing use to combat fraud and ease regulatory burdens, says survey.

Eighty-one per cent of European finance teams have increased automation to tackle regulatory pressures, boosting compliance and enabling strategic business roles.

Stripe unveils AI-powered payments model and stablecoin accounts, enhancing fraud detection and global money management in 101 countries.

Asian social media trends like live shopping and user-generated content are rapidly reshaping the UK influencer scene, Kolsquare reports.

Banked has acquired UK app VibePay to boost Pay by Bank with new incentives, expanding presence in UK, US, Australia, and accelerating global adoption.

Trek has teamed up with Gr4vy to enhance its Buy-Online-Pickup-In-Store service, improving payment processing and real-time inventory for customers.

Check Point Software Technologies has partnered with Cardano to enhance blockchain security, addressing rising cyber threats following significant industry hacks.

A new report reveals that outdated payment systems at airports are frustrating 54% of travellers, emphasising the need for modernising payment options.

Consumer spending on mobile applications soared to $150 billion in 2024, marking a 13% rise from last year, driven largely by non-gaming apps.