Digital Wallets

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

Ethiopia Launches Ethiopay to Unify Digital Payments
Digital Banking & Payments Ethiopia Launches Ethiopay to Unify Digital Payments

In a significant move to modernize its financial infrastructure and address the persistent fragmentation within its digital payment ecosystem, Ethiopia's national payment switch, EthSwitch S.C., has officially launched a unified national brand known as Ethiopay. This landmark initiative represents

Bizum to Launch a Digital Wallet for In-Store Payments
Digital Banking & Payments Bizum to Launch a Digital Wallet for In-Store Payments

The Spanish digital payments landscape is on the verge of a monumental shift as Bizum, the country's dominant peer-to-peer payment service, prepares to evolve beyond its origins. In a strategic move set to culminate in mid-2026, the company is developing a comprehensive digital wallet designed to

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