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How are digital IDs reshaping industries for a secure and seamless future?

The Payments Association

Building upon this framework, the EU Digital Identity Wallet Consortium (EWC) is leveraging the potential of the proposed EU digital identity to develop digital travel credentials. The EWC is actively engaged in pilot projects to expand the functionality of the reference wallet application for use cases related to digital travel credentials.

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Visa Joins Phixius Pilot For B2B Payment Data Exchange

PYMNTS

Visa has become a part of the ranks of companies experimenting with Phixius, a technology that assists credentialed service providers in exchanging and supervising digital payments data, NACHA said in a Wednesday (Aug. 12) announcement.

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Fave: Inside Southeast Asia’s Merchant Super App

PYMNTS

Consumers in locales like Singapore, Malaysia and the Philippines can store payments credentials on their phones and make online purchases with no problem, but it was a different story using them in physical locations. Problems sprang up because there simply wasn’t much acceptance for the idea.

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Slowing Consumer Spending Stalls Visa’s Q2 Results 

PYMNTS

That trend, according to Visa, works to their favor as Visa credentials active in eCommerce excluding travel spiked up by 12 percent among U.S. consumers between January and June, and the total spend per active credential also increased during that time by over 6 percent.

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Visa Inc and J.P. Morgan Payments Forge Strategic Collaboration to Revolutionize Faster Money Movement in the US through Visa Direct

Fintech Finance

Morgan Payments will empower merchants, businesses and fintech to embed faster domestic payments into their solutions, including its Push to Card payment rail, enabling fast and secure movement of funds directly to recipients’ bank accounts and digital accounts simply by leveraging the debit card credential.

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Visa Gives Issuers New Tool To Capture Digital Commerce Opportunity

PYMNTS

Brockman told Karen Webster before the launch that the inspiration for the Visa Digital Commerce App was pretty straightforward: Visa wanted to put the power of issuer-branded digital credentials in the hands of issuers and onto the mobile home screens of their customers. THE SMART DIGITAL CREDENTIAL.

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How Payroll Partakes In The Back-Office API Ecosystem

PYMNTS

Furthermore, new FinTech solutions emerging can provide value-added services to workers, like on-demand wages or employee financing. Yet, in addition to competitive wages, research has found that worker satisfaction is impacted by factors like paycheck errors or speed. ” Enterprise Security.