Digital wallets stories

Visa has launched Intelligent Commerce, partnering with AI leaders to enable secure, AI-assisted shopping and payments tailored to user preferences.

Banked has acquired UK app VibePay to boost Pay by Bank with new incentives, expanding presence in UK, US, Australia, and accelerating global adoption.

Trek has teamed up with Gr4vy to enhance its Buy-Online-Pickup-In-Store service, improving payment processing and real-time inventory for customers.

Check Point Software Technologies has partnered with Cardano to enhance blockchain security, addressing rising cyber threats following significant industry hacks.

A new report reveals that outdated payment systems at airports are frustrating 54% of travellers, emphasising the need for modernising payment options.

Consumer spending on mobile applications soared to $150 billion in 2024, marking a 13% rise from last year, driven largely by non-gaming apps.

A Forrester report reveals rapid advancements in digital retail payments across Asia Pacific, spotlighting growth in digital wallets and BNPL services.

Kobble has unveiled a new Embedded Finance Platform designed to tackle inefficiencies in Australia's financial sector caused by failed IT projects.

Ben Zyl forecasts Australia's payments landscape in 2025, highlighting surcharging changes and the rise of modern systems like PayTo and self-serve payments.

Allaying rising concerns about privacy and security is critical for organisations and institutions that want to survive and thrive.

Adyen has launched Tap to Pay on iPhone in New Zealand, enabling retailers like Lorna Jane to accept secure contactless payments without extra hardware.

Nearly 10 million UK consumers are projected to embrace Buy Now, Pay Later schemes this Christmas, reflecting a significant shift in shopping behaviours.

Ecommpay is urging e-commerce merchants to enhance checkout processes ahead of the festive season, with conversion rates averaging just 58%.

CommBank has unveiled new security features for its mobile app, including digital wallet reviews and scam warnings, to enhance customer protection against fraud.

Euromonitor International's latest report reveals five key consumer trends for 2025, highlighting shifts in spending and sustainability amid evolving habits.

Marqeta, in partnership with Klarna and Affirm, has launched Marqeta Flex, a new BNPL marketplace enhancing consumer access to tailored credit options.

Customer experience drives sustainable financial growth, risking AUD $87 billion if ignored. Digital banks leverage automation for seamless service.

Capgemini Research predicts instant payments will hit 22% of non-cash transactions by 2028, driven by digital wallets, P2P and e-commerce growth.

In an exclusive interview, Gabrielle Bugat, CEO of Giesecke+Devrient ePayments, discusses the dynamic future of payments, prioritising security, sustainability, and inclusivity.

Financial hardship among Australians has risen by 85%, with lower-income households struggling to engage with online government services.