Tag : Mobile wallets

As Use of Alternative Payments Is Skyrocketing, Banks Must Urgently Embrace the Next Generation of Payments to Stay in the Race: Capgemini’s World Payments Report 2021
B2B Cryptocurrency Digital Payments Digital Wallet News

As Use of Alternative Payments Is Skyrocketing, Banks Must Urgently Embrace the Next Generation of Payments to Stay in the Race: Capgemini’s World Payments Report 2021

Fintech News Desk
The report found that by 2025, instant payments and e-money payments will account for more than 25% of global non-cash transactions, up from 14.5% in 2020 Payments are entering a new experience-driven era (Payments 4.X), ushered in by an accelerated transformation timeline due to COVID-19 and the growing digital appetite......
European Mobile Transactions Rocket, But Emerging Markets Lead The Way For Mobile Wallets
Digital Payments Digital Wallet Mobile Banking News

European Mobile Transactions Rocket, But Emerging Markets Lead The Way For Mobile Wallets

Fintech News Desk
Russia, Germany, Portugal and Sweden are projected to grow the fastest for mobile payment transactions in Europe by 2025, comprising four of the ten fastest countries globally. Despite rapid growth in mobile transactions, Europe lags behind emerging markets when it comes to mobile wallets. Africa and The Middle East and......
The Future of Emerging Payments: Connecting Cash with Digital How the Pandemic Is Fueling the Subscription Economy
Banking Digital Guest Posts Mobile Banking

The Future of Emerging Payments: Connecting Cash with Digital

Theresa McEndree
While consumers have numerous methods of payment at their disposal, there isn’t a single value-based ecosystem that effectively connects cash, digital, and loyalty rewards today. Herein lies a critical opportunity for retailers and payments companies to drive engagement, higher customer satisfaction, better customer experiences and sales. Businesses that combine payment......
Boku
Digital Payments Digital Wallet Mobile Banking News

Boku Launches M1ST, The World’s Largest Mobile Payments Network, Connecting Southeast Asia Digital Consumers To Global Merchants

Fintech News Desk
Boku Inc. announced the launch of the M1ST, the world’s largest mobile payments network. The M1ST Payments Network features an unrivalled 330+ mobile payment methods, including mobile wallets, direct carrier billing, and real-time payments schemes, reaching 5.7 billion mobile payment accounts in 90 countries – all through a single integration.......
BOSS Revolution Offers No-Fee Money Transfers and Special Calling Rates to Haiti After Destructive Earthquake
Digital Wallet News

BOSS Revolution Offers No-Fee Money Transfers and Special Calling Rates to Haiti After Destructive Earthquake

Fintech News Desk
 BOSS Revolution, the international money remittance and calling service of IDT Corporation, announced that it was providing no-fee money transfers and reduced calling rates to Haiti after a devastating earthquake struck the Caribbean nation on Saturday. The BOSS Revolution Money no-fee offer applies to transfers to Haiti initiated through August 22nd in amounts......
BOSS Revolution Money Transfer Accelerates Network Expansion through Partnership with TerraPay
Digital Payments Digital Wallet News

BOSS Revolution Money Transfer Accelerates Network Expansion through Partnership with TerraPay

Fintech News Desk
Launches TerraPay powered transfers to Senegal and Benin BOSS Revolution Money Transfer, the international remittance service of IDT Corporation, announced a partnership with TerraPay, a global payments infrastructure company, to provide BOSS Revolution customers with new money transfer destinations across Africa, Asia, LATAM and Europe. BOSS Revolution has begun offering seamless and secure......
Omdia
Digital Payments Digital Wallet Mobile Banking News

Digital Wallet Opportunities in Middle East and Africa: By Omdia

Fintech News Desk
Digital Wallets have become an entry point for consumers to engage with financial services and they create new opportunities to target the underserved banking population Omdia discusses the rise of digital wallets and how mobile wallets have successfully targeted the underserved banking population and offers recommendations on how incumbent banks......
New Study Shows Cash Remains a Mainstay for Both Consumers and Businesses, Even in the Age of Technology
Banking Digital Payments News

New Study Shows Cash Remains a Mainstay for Both Consumers and Businesses, Even in the Age of Technology

Fintech News Desk
According to data from Cash Connect, a division of WSFS Bank, 81% of financial decision makers agree that cash payments have remained at least somewhat steady at their businesses over the past five years Despite the availability of technology-driven forms of payment such as credit cards, debit cards, and mobile......
MoneyGram Reports Another Strong Month of Digital Growth Amidst a Pivotal Year for the Business
Business Digital Payments Mobile Banking News

MoneyGram Reports Another Strong Month of Digital Growth Amidst a Pivotal Year for the Business

Fintech News Desk
The Company delivered 44% YoY cross-border transaction growth for June in MoneyGram Online (MGO), its direct-to-consumer digital business Transactions received digitally by customers hit at an all-time high in the quarter with 77% YoY growth MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, announced that......
More Than Half of the World's Population Will Use Mobile Wallets by 2025, Study Finds
Digital Payments Fintech Mobile Banking News

More Than Half of the World’s Population Will Use Mobile Wallets by 2025, Study Finds

Fintech News Desk
Southeast Asia is the fastest growing region in the world for mobile wallets, with a CAGR of 25.5% and overall growth of 311% over the next five years Latin America and Africa / Middle East are second and third fastest growing regions, expected to expand 166% and 147% respectively by......