Digital Wallets

Review of Bank of Baroda Phygital Banking
Digital Banking & Payments Review of Bank of Baroda Phygital Banking

The modern banking customer is often caught in a paradox, desiring the instantaneous, self-serve convenience of a digital app while still seeking the reassurance and expert guidance that only a face-to-face conversation can provide. Bank of Baroda confronts this challenge head-on with its

DeFi Offers Hope for Canada's Financially Excluded
Lending & Investment DeFi Offers Hope for Canada's Financially Excluded

Despite its reputation for a robust and stable financial system, Canada harbors a significant and growing population left on the outside looking in, facing tangible barriers to basic economic participation. A 2022 study revealed a stark reality: approximately 600,000 Canadians are entirely

PayNearby Launches Platform to Expand UPI in Rural India
Digital Banking & Payments PayNearby Launches Platform to Expand UPI in Rural India

From Enabler to Innovator: A New Chapter in Rural Digital Payments In a landmark move poised to accelerate financial inclusion, FinTech firm PayNearby has secured a Third-Party Application Provider (TPAP) license from the National Payments Corporation of India (NPCI). This strategic approval

CFPB Rules Some Earned Wage Access Products Are Not Loans
Digital Banking & Payments CFPB Rules Some Earned Wage Access Products Are Not Loans

The financial landscape for millions of American workers living paycheck to paycheck has been significantly altered by a recent advisory opinion from the Consumer Financial Protection Bureau (CFPB), which has fundamentally redefined a popular financial tool. The bureau has declared that certain

Is This the Tipping Point for Stablecoins in Payments?
Digital Banking & Payments Is This the Tipping Point for Stablecoins in Payments?

The familiar rhythm of the five-day business week, which has long dictated the flow of money through global financial systems, is now facing an unprecedented challenge from a technology once dismissed as a niche digital curiosity. Stablecoins, digital currencies pegged to stable assets like the

Alliance Bank Pioneers Open Banking in Malaysia
Digital Banking & Payments Alliance Bank Pioneers Open Banking in Malaysia

Responding to an extraordinary 112% average growth in digital transactions recorded between 2020 and 2024, Alliance Bank Malaysia Berhad has decisively pivoted its strategy to lead the nation's financial technology revolution. This staggering surge signaled a fundamental consumer shift away from

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