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Wallet wars: How digital payments are reshaping finance

The Payments Association

The technology behind digital wallets has advanced rapidly, transforming them from simple payment tools into comprehensive financial ecosystems. Optty CEO Natasha Zurnamer highlights this shift: Digital wallets have expanded functionality well beyond the processing of a payment.

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Announced at Singapore FinTech Festival 2024: New Partnerships, Product Launches and Appointments

The Fintech Times

New wallet payment experience – Soon, consumers will be able to use their wallets to scan and pay at merchants outside of their domestic markets that accept Visa via scanning-enabled QR codes. Visa Payment Passkey – Enables consumers to authenticate their identity, and authorise payments, by scanning their biometrics.

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Which Wallet Solution Matches Your Business Model: eWallet or Digital Wallet?

Finextra

Users can: Store card credentials securely Authenticate with biometrics Make fast, online, and contactless payments Access loyalty points, tickets, or IDs You’re not managing funds. Conclusion Your wallet solution is more than a payment tool. Please read our Privacy Policy. You’re managing experiences.

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The Digital Wallet Revolution: How It's Reshaping Consumer Behaviour and Payment Infrastructure

Finextra

Implication for FSIs: Banks must move beyond static authentication models and embrace real-time risk scoring , behavioural biometrics , and API-first integration to compete. Beyond Payments: Wallets as Ecosystem Gateways Digital wallets are evolving into multi-functional personal finance and identity platforms.

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Xsolla partners with Affirm for optimised payments

The Paypers

Following this announcement, Affirm’s transparent and flexible payment options will be made available to game developers who are using Xsolla’s payments tools in the US, with plans to expand to the regions of Canada and the UK in the coming months. Privacy Policy Cookie Statement Terms and Conditions

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Amazon Expands Palm Biometrics In Seattle 

PYMNTS

The technology enables customers to use their palm as an identification and payment method by waving their hand over the scanner when entering Amazon Go stores. Amazon anticipates that its palm-reading biometrics tech will expand across more industries as an identification and payments tool. .

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Tracking The Trends That Shaped 2020’s The Digital-First Economy

PYMNTS

CFOs Guide To Digitizing B2B Payments. Companies are reexamining their payment tools as they work to more swiftly and seamlessly pay vendors. Many businesses are finding that newer digital payment tools, like virtual cards, offer key advantages to optimizing their B2B processes during the health crisis. “We

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