Tagged: digital wallets

January 19, 2026 @ 2:12 pm By Omar Faridi  |  

As Canada steps into 2026, the payments landscape is evolving rapidly, driven by accelerating digital transformation in financial services. A key development underscoring this shift is Payments Canada‘s recent appointment of Stephanie Zee as its new Chief Product Officer (CPO). This strategic move aims to… Read More

November 11, 2025 @ 3:51 pm By Omar Faridi  |  

Mike Cagney, the executive board chairperson and the co-founder of Figure (NASDAQ:FIGR), has said that blockchain wallets are going to completely disrupt how existing financial services actually work. Cagney also mentioned that today, we have an account at a firm like SoFi. They offer clients… Read More

August 25, 2025 @ 1:47 pm By Tony Zerucha  |  

UPay’s 2025 Global Digital Payments Report provides a concise summary of virtual card and digital wallet use. It also offers a prescription for future growth. Digital wallet spending growth over the past decade is essentially tenfold, growing from $1.6 trillion in 2014 to $15.7 trillion… Read More

August 17, 2025 @ 4:23 pm By Omar Faridi  |  

Recently, cryptocurrency exchange Gemini took a significant step toward going public, with its S-1 registration statement shedding light on the company’s financial health, operational changes, and plans for a 2025 initial public offering (IPO). The filing, made public this past Friday, follows a confidential draft… Read More

August 5, 2025 @ 3:06 pm By Omar Faridi  |  

Visa (NYSE: V), a global enabler of digital payments, announced an advancement for Fleet Operators. With the addition of Google Pay tokenization and push-to-wallet, Visa addresses the “challenge of fleet data tags being tied solely to the plastic card chip.” Now, fleet data tags can… Read More

May 29, 2025 @ 8:13 am By Omar Faridi  |  

Exodus announces the launch of XO Pay, a service that allows customers to buy and sell cryptocurrency directly within the Exodus Mobile wallet. Developed by Exodus and powered “by Coinme’s Crypto-as-a-Service API platform, XO Pay is the self-custody wallet with native on-ramping.” XO Pay eliminates… Read More

May 26, 2025 @ 1:01 am By Omar Faridi  |  

Curve, a digital wallet provider, announced the launch of Curve Pay on iOS, marking a watershed moment in mobile payments. Curve Pay becomes the first payment solution to leverage the accessible iPhone NFC interface after Apple’s “acceptance of the European Commission’s ruling on competition concerns,… Read More

May 6, 2025 @ 5:04 pm By Omar Faridi  |  

Digital assets firm OKX continues to expand its role in the Web3 space with a series of updates, including enhancements to its DEX aggregator, the introduction of OKX Pay, a new digital wallet app, and the appointment of Jonathan Brockmeier as Chief Commercial Officer (CCO)…. Read More

April 8, 2025 @ 6:43 am By Omar Faridi  |  

After a rollout on Transit, SEPTA is expanding contactless payment options to Regional Rail starting on Friday, April 4. This means customers on all modes – trains, buses, subways, and trolleys – can easily “tap on using their credit or debit card, or mobile wallet.”… Read More

April 2, 2025 @ 8:38 am By Omar Faridi  |  

BitPay, a cryptocurrency payments platform and wallet provider, has officially launched its UK website and wallet app in compliance with the Financial Promotions Regime. The launch gives the UK crypto community access to a “range of consumer crypto solutions, solidifying BitPay’s commitment to a growing… Read More

February 19, 2025 @ 12:47 pm By JD Alois  |  

The UK Financial Conduct  Authority (FCA) and Payment Systems Regulator (PSR) have published a statement on the rise and usage of digital wallets. The two regulators note that the use of digital wallets has grown in recent years, with card transactions using a digital wallet… Read More

January 17, 2025 @ 11:45 am By Omar Faridi  |  

Since Phantom Wallet launched in 2021, their mission was to make crypto safe and easy to use. Thanks to community support, Phantom Wallet says they emerged as one of the world’s widely-used crypto wallets, soaring to the “top” of the App Store charts and welcoming… Read More

January 2, 2025 @ 8:40 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) licensed “Hiberbay Ink Al-Saoudia for IT Systems” to provide E-wallet solutions. With “Hiberbay Ink Al-Saoudia for IT Systems,” there are now 27 licensed firms providng payments services across the Kingdom of Saudi Arabia. This decision reflects SAMA’s aim to support… Read More

January 2, 2025 @ 8:18 am By Omar Faridi  |  

Bitget Wallet, a Web3 non-custodial wallet, has reportedly exceeded 60 million global users, achieving 300% annual growth during 2024. Through ecosystem expansion, the platform has seen substantial adoption across key regions, solidifying its position as a key player in the multi-chain wallet ecosystem. Bitget Wallet… Read More

December 29, 2024 @ 8:08 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) licensed “Majd Saudi Payments” to provide E-wallet solutions. With Majd Saudi Payments, there are now “26 licensed companies offering payment services” in Saudi Arabia. This decision reflects SAMA’s goal to support the payments sector, increase the efficiency of financial transactions,… Read More

December 26, 2024 @ 8:05 am By Omar Faridi  |  

Mesh is pleased to announce their latest partnership with Revolut, the global enabler of digital finance. As part of this partnership, Revolut is integrating Mesh Verify in order to enhance wallet ownership verification, not only ensuring a “seamless and secure user experience for their millions… Read More

November 29, 2024 @ 1:14 pm By Omar Faridi  |  

Min Teo, Managing partner and co-founder at Ethereal Ventures (previously investments at Consensys) noted that they are pleased to be working with the team at Bleap App. Bleap enables users to connect their Web3 wallet to their pre-paid debit card with a “seamless” mobile-first neobank… Read More

November 6, 2024 @ 8:31 am By Omar Faridi  |  

Mastercard (NYSE: MA) has launched Pay Local in order to empower digital wallet providers with new ways to pay. With Mastercard Pay Local, digital wallet providers will gain access to more than 2 billion Mastercard cardholders, enabling card-based payments and providing choice to travelers Mastercard… Read More

October 7, 2024 @ 9:21 am By Omar Faridi  |  

Sygnum is launching a web3 wallet recovery module built on Safe via the Safe{RecoveryHub}. According to Sygnum Bank, this solution makes self-custody wallet recovery reliable and user-friendly. Given more than 900K ETH (USD 2.27 billion) estimated as inaccessible to users, and losses due to forgotten… Read More

September 21, 2024 @ 10:36 am By Omar Faridi  |  

Digital wallets are said to be a rapidly growing online technology, which has now reportedly experienced a particular and steady growth in popularity since the COVID-19 outbreak of 2020. This, according to a comprehensive report from Juniper Research. Juniper Research noted that it is also… Read More