Tag: digital wallets

How digital wallets are revolutionising UK transactions

The UK is on the brink of a transformative period in the payment sector, heralded by the burgeoning adoption of digital wallets. This shift is illuminated in Worldpay®'s Global Payments Report 2024, which underscores the UK's pivotal role in the European digital wallet landscape.

European PayTech investment declined over 80% in 2023 despite higher adoption

Key European PayTech investment stats in 2023: • European PayTech companies raised a combined $1.5bn in 2023, a 81% drop from 2022 • European PayTech deal...

Magnati and TerraPay join forces for revolutionary cross-border payment solutions

Magnati, a renowned payments company in the Middle East, has joined hands with TerraPay, a global leader in cross-border payment networks.

QNB unveils Qatar’s premier local payment gateway

QNB Group, the foremost financial institution in the Middle East and Africa, has made waves with the introduction of the new QNB Payment Gateway, marking it as the premier locally established payment gateway in Qatar.

Accelerate card service roll-out with Star’s CardPro Accelerator

Star, a leading global technology consulting firm, links strategy, design, and engineering to assist businesses in propelling their growth and maximising value.

Why Europeans are switching: The attraction of embedded financial services

Embedded financial services are increasingly becoming the preferred choice for European consumers. The prime reason for this preference is the easier access to these services when compared to traditional banking institutions.

How biometric security and mobiles are shaping the future of card...

As digital wallets and alternate payment systems steal the limelight, we delve into the potent partnership between mobile phones and payment cards. Together, they promise greater speed, convenience, and security, transforming how we make payments.

Exploring the hidden risks in the era of real-time transactions

Flagright recently widely explored the hidden risks in the era of real-time transactions in the financial world. 

Thunes secures $72m in series C round bolstered by Visa, EDBI,...

Global B2B payment platform, Thunes, has successfully augmented its series C funding round. Established with a mission to tackle the challenges of international money transfers, Thunes is developing a new-generation payment system designed to be secure, instantaneous, and transparent.

Digital wallet transactions forecasted to reach $16trn by 2028

A groundbreaking study from Juniper Research, a leading authority on emerging payments, anticipates a sharp increase in digital wallet transactions, forecasting that the total...

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