#DigitalWallets

2025-04-09

Sipay: All-in-one app transforming finance 📲

Istanbul-based company offers seamless digital wallet management

masonq.com/2025/04/09/fundrais

2025-03-22

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 […]

https://rbfirehose.com/2025/03/22/krebs-on-security-arrests-in-tap-to-pay-scheme-powered-by-phishing/

2025-02-26

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."

📖 digital-strategy.ec.europa.eu/

🖥️ Visit our webpage: o-cei.eu/

2025-02-12

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

2025-01-02

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.

     
 
 

More Details: bit.ly/3BVvG5F

digital wallet app
PUPUWEB Blogpupuweb
2024-11-21

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.

Florin B 🏖️fl0rinb
2024-11-19

Klarna is set to launch on Google Pay, offering a new payment option for users. Read more about the development: ffnews.com/newsarticle/paytech

2024-09-27

Japanese orgs now paying salaries direct into e-wallets

squeet.me/display/962c3e10-fc6

Smartphone screen showing a red logo with letter P on it and a name PayPay next to it. Below is the text Great deals and convenience in everyday life!
Danie van der Merwedanie10
2024-09-27

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 gadgeteer.co.za/japanese-orgs-

2024-09-27
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 subsidiary.

"This initiative aims to enhance payment employee benefits by increasing salary options and to promote the expansion of the PayPay economic sphere across the entire group," explained the fintech business back in August, when it announced it would eventually issue digital salary payments.

This is quite interesting as we often needed banks in the earlier days if "credits" needed to be transferred to employees, but with digital wallets this could actually be directly done. The big thing to ensure is that such digital wallets can be easily used to purchase any services or pay for anything that needs to be paid for. And, yes, provision needs to be made for any problems experienced with a digital wallet.

It's an interesting development though to watch.

See Japanese orgs now paying salary direct into e-wallets



Starting at SoftBank, using its own PayPay service


#technology #banking #digitalwallets
Alex JimenezAlexJimenez@mas.to
2024-08-09

#DigitalWallets continue their adoption fueled by changing consumer behaviors and the availability of faster payments. However, #CyberSecurity, #Regulation, and legacy infrastructure slows down #Innovation.

worldfinance.com/banking/the-n

#Payments #PayTech #FinTech #FinServ #Banking

2023-08-24

Are you following the wallet work going through the Open Wallet Foundation? They are doing interesting work and have brought on Google as a Premier Member and have code contributions from Modular Open Source Identity Platform (MOSIP).

linuxfoundation.eu/newsroom/op

#digitalwallets #digitalcredentials #digitalidentity #openwalletfoundation

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