From “beaming” money between Palm Pilots in 1999 to running IDs, tickets, cards, rewards, crypto and lending in 2025, digital wallets have quietly become full financial hubs.
More than half of the global population already uses a wallet, with transaction value projected to reach around 17 trillion dollars by 2029.
Regulators are lagging: a major US rule to supervise large nonbank wallets.
#DigitalWallets #Fintech #FediFinance #MobileMoney #Payments #FinancialInclusion
eCommerce platforms face AI-powered cyber threats for 2025 season
Organisations opera…
#NewsBeep #News #Headlines #Artificialintelligence(AI) #black-friday #christmas #cyberattacks #CyberThreat #Cybercrime #cybersecurity #digitalwallets #eCommerce(e-Commerce) #Fraud #holidayseason #IL #Israel #Magecart #Magento #Multi-factorauthentication(MFA) #OnlineShopping #PaymentTechnologies #phishing #SearchEngineOptimisation(SEO) #VirtualPrivateNetworks(VPNs) #WooCommerce
https://www.newsbeep.com/273216/
PayPal has announced integration with multiple international digital wallets to simplify global payments. This feature allows users to transfer money and make purchases across borders more easily. It represents a push towards making online financial services more inclusive worldwide.
#paypal #digitalwallets #fintech #globalpayments #internationalpayments #crossborderpayments
💳 New to digital wallets? Learn how they work, why they’re secure, and how to choose the right one for you!
Check out "What Are Digital Wallets? | A Beginner’s Guide to Secure Payments" – the perfect starting point for anyone looking to simplify their payments while keeping their finances safe.
🔐 Safe. 💡 Smart. 💸 Simple.
📲 Read now: https://digitafin.com/what-are-digital-wallets-secure-payments-guide/
#DigitalWallets #SecurePayments #Fintech #BeginnerGuide #ContactlessPayments #MoneyTips
PC World: Firefox is being flooded with crypto wallet scam extensions. “Dozens of fake cryptocurrency wallet extensions—indistinguishable from their nominally legitimate counterparts—are flooding Firefox’s add-on repository. It’s a problem.”
Government-approved digital credentials (driver license, etc.) are becoming more commonly used online. The @w3c Digital Credentials #API enables websites to request credentials, and for users to consent to return credentials that they carry around in #DigitalWallets
▶️ https://www.w3.org/TR/digital-credentials/
#FPWD #timetogiveinput
@simone explains how this API advances #privacy-preserving Web identities: https://www.w3.org/blog/2025/w3c-digital-credentials-api-publication-the-next-step-to-privacy-preserving-identities-on-the-web/ #gdc25
Feedback welcome: https://github.com/w3c-fedid/digital-credentials/
Sipay: All-in-one app transforming finance 📲
Istanbul-based company offers seamless digital wallet management
Krebs on Security: Arrests in Tap-to-Pay Scheme Powered by Phishing. “Authorities in Knoxville, Tennessee last week said they arrested 11 Chinese nationals accused of buying tens of thousands of dollars worth of gift cards at local retailers with mobile wallets created through online phishing scams. The Knox County Sheriff’s office said the arrests are considered the first in the nation for […]
Islamabad High Court | Notice issued on petition against ban on online gambling
#BaaghiTV #Pakistan #Islamabad #HighCourt #Petition #BanOnlineGambling #OnlineGambling #DigitalGambling #JusticeRajaInamAminMinhas #BarristerImranRashid #FederalGovernment #PTA #FIA #StateBank #PEMRA #DigitalWallets #MoneyLaundering #FinancialFraud #Advertisements #SocialMedia #FinancialControls #IllegalGambling #GamblingApps #PECAAct
European Commission shares insights from the O-CEI Horizon's workshop on DLT solutions:
"It was widely agreed that modernizing the current energy system is essential to integrate new digital technologies and manage an increasing complex exchange of information while preserving high levels of security and trust. In this context, legislative actions (...) are anticipated."
🖥️ Visit our webpage: https://o-cei.eu/
The #CFPB has long faced opposition from #Republicans & industries including #WallStreet & #SiliconValley.
Weeks after the bureau announced finalized rules for becoming a #watchdog on #DigitalWallets, TechNet & NetChoice, 2 groups backed by #BigTech, sued the CFPB, arguing that the agency does not have "free rein in choosing which nonbank entities to supervise."
#law #ElonMusk #trump #regulation #finance #tech #apps #Cybersecurity #InfoSec #security #privacy #fraud #oversight #corruption
Powering the Cashless Economy with Digital Wallet App Development
Empower the cashless economy with cutting-edge digital wallet app development. Streamline transactions, enhance security, and deliver seamless payment experiences with innovative solutions. Read our blog today for more information.
#digitalwalletapp #digitalwallets #topdigitalwallets
#Fintechappdevelopment #AppDevelopment
#bestdigitalwallet
More Details: https://bit.ly/3BVvG5F
The CFPB will now supervise tech companies with digital wallets (Apple Pay, Google Pay, Venmo) that have 50M+ annual transactions, treating them more like banks. #CFPB #DigitalWallets #ApplePay #GooglePay #Venmo #Fintech #BankingRegulation #TechNews #DigitalPayments
Klarna is set to launch on Google Pay, offering a new payment option for users. Read more about the development: https://ffnews.com/newsarticle/paytech/klarna-to-launch-on-google-pay/
Japanese orgs now paying salaries direct into e-wallets
https://squeet.me/display/962c3e10-fc67a04a-92d19a6078a2b37f
Japanese orgs now paying salaries direct into e-wallets
Ten subsidiaries of Japanese tech conglomerate SoftBank Group have begun paying employees’ salaries into SoftBank’s own PayPay digital wallet.
PayPay is the largest mobile payment app in Japan and is owned by LY Corporation – a Softbank subsidiar ...continues
See https://gadgeteer.co.za/japanese-orgs-now-paying-salaries-direct-into-e-wallets/
Starting at SoftBank, using its own PayPay service
#DigitalWallets continue their adoption fueled by changing consumer behaviors and the availability of faster payments. However, #CyberSecurity, #Regulation, and legacy infrastructure slows down #Innovation.
https://www.worldfinance.com/banking/the-next-phase-of-digital-banking
Charted: The Death of Cash Transactions Around the World
https://www.visualcapitalist.com/cash-transactions-becoming-more-rare-around-world/ #economics #CashTransactions #CreditCards #DigitalWallets
