Walmart and Sam's Club will roll out tap to pay across all U.S. stores and clubs by the end of the year, ending a decade of holding out against digital wallets.

Digital Wallets haben sich in Deutschland etabliert: 83 Prozent der Verbraucher nutzen bereits mindestens eine digitale Geldbörse, beispielsweise für Online-Zahlungen, im stationären Handel oder für Geldtransfers. Der Markt wird bislang vor allem von Big-Tech-Unternehmen geprägt. Eine aktuelle Cofinpro-Studie zeigt jedoch, dass Banken beim Thema Wallets über einen entscheidenden Wettbewerbsvorteil verfügen, den sie bislang nur unzureichend nutzen: das Vertrauen ihrer Kunden.

We use fiat currency in two ways: money that lives in accounts and cash. Cash doesn’t live in accounts: it lives everywhere. There is cash in my wallet, in my pocket, in my car, in my kitchen, in my…

Sipay, a Turkish fintech, secured $78 million in Series B funding, reaching a valuation of $875 million.

Ten subsidiaries of Japanese tech conglomerate SoftBank Group have begun paying employees' salaries into SoftBank's own PayPay digital wallet.

Franklin Templeton projects that digital wallets will manage the entirety of users’ financial assets.

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Much like "the cloud" or "the superhighway", the metaphor of a "wallet" has become convenient shorthand for a tangle of technical, policy, and usability decisions. As we keep building out digital identity ecosystems with verifiable credentials, identity wallets, and cross-jurisdictional trust models, I ask: is the metaphor still helping us?

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Outdated security measures are leaving consumers at risk of digital wallet fraud on apps, new research from Which? has found.

Outdated security measures are leaving consumers at risk of digital wallet fraud on apps, new research from Which? has found.