Digital wallets stories - Page 5

Australians lost nearly AUD$1,700 each to fraud this year amid peak shopping season, with retailers urged to adopt AI-driven security and seamless payments.

A survey of 1,500+ professionals reveals trust, compliance, and identity assurance as crucial for mainstream adoption of Web3 wallets and digital asset services.

Embedded finance is revolutionising remote work benefits, enabling personalised, flexible options with real-time control and boosting employee satisfaction and retention.

One in three Australian online shoppers use BNPL services, with Gen Z and Millennials driving a rise in demand for flexible payments like PayPal Pay in 4.

Constantinople teams up with Paymentology to enhance Banking-as-a-Service in Australia, boosting card issuing and payment tech for local banks and fintechs.

Ant International partners with TNG Digital and easypaisa to launch AI-driven customer service, enhancing efficiency and security in Asian digital banking.

Paysafe and Endava have joined forces in a multi-year partnership to revolutionise global digital payments using AI-driven technologies and expert services.

Visa has launched its Scan to Pay QR service across Asia Pacific, enabling millions of merchants to accept Visa payments via popular digital wallets and apps.

AI, social media, and flexible payments like BNPL will shape festive shopping as 69% of consumers trust AI to assist their Black Friday and holiday purchases.

A study reveals mobile access control reduces environmental impact by over 75% compared to PVC cards, boosting sustainability in security solutions.

Yubico unveils prototypes of post-quantum security keys and new digital identity features, enhancing authentication beyond passwords with stronger, privacy-focused tech.

Fergus has launched tap-to-pay on mobiles, letting tradespeople accept instant contactless payments without extra hardware, boosting convenience and cash flow.

PayPal launches PayPal Open in Australia, a unified platform offering global payments, lending, and insights for businesses of all sizes.

Ant International's Alipay+ now links 1.8 billion users across 100+ markets with AI-powered travel and payment services, boosting global transactions by 30%.

The Emerging Payments Association of Asia urges APAC payments firms to urgently bolster defences against quantum computing risks, highlighting a major security gap.

Tokenised funds are forecast to surge from $4 billion in 2024 to $235 billion by 2029, driven by growing links between traditional asset management and DeFi platforms.

Ledger warned of a major NPM supply chain attack targeting cryptocurrency wallets, thwarted due to malware coding errors preventing widespread fund theft.

AMP Bank GO has blocked over 1,000 fraudulent accounts in six months using a selfie video verification and numberless cards to enhance security.

Cybercriminals exploit AI website builder Lovable to swiftly create phishing and scam sites, lowering barriers for digital crime, warns cybersecurity firm Proofpoint.

Task scams have cost jobseekers millions, with Trend Micro warning of a surge in frauds using fake jobs to trick victims into losing thousands of dollars.