Tag: digital wallets
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Congress members seek clarity on CFPB bid to oversee digital wallets
Congress Members Seek Clarity on CFPB Bid to Oversee Digital Wallets Amidst the rapid growth of digital payment platforms, the Consumer Financial Protection Bureau (CFPB) recently proposed regulation to gain oversight on digital wallets. This move has since caught the attention of several members of Congress, who are now seeking clarity on the matter.…
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Kiwibank introduces Apple Pay
Kiwibank Introduces Apple Pay Kiwibank, New Zealand’s largest New Zealand-owned bank, is excited to announce the introduction of Apple Pay, the contactless payment system by Apple, to their range of banking services. With Apple Pay, Kiwibank customers can now effortlessly make secure and fast transactions using their iPhone, Apple Watch, iPad, or Mac.…
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Consumers expect to use fewer digital wallets: report
According to the latest report by XYZ Research, consumer expectations regarding the use of digital wallets are shifting, with many anticipating a decrease in their usage. This finding has significant implications for both businesses and the financial technology industry. Increasingly popular over the past few years, digital wallets provide consumers with a convenient and secure…
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Ant Group introduces 10 Asian e-wallets to mainland China
The financial technology behemoth, Ant Group, has made a groundbreaking move by introducing ten prominent Asian e-wallet platforms to mainland China. This strategic collaboration aims to expand the reach of digital payment services in China and foster closer ties among the fintech communities across Asia. Advancing Financial Inclusion and Digital Payment Solutions China has long…