Luxembourg’s Ministry for Digitalisation and Government IT Centre (CTIE) are to test a digital identity system that allows multiple official documents to be stored and exchanged across four use cases as part of the European Union’s large-scale European Digital Identity Wallet (EUDIW) pilot programme... More
The US Consumer Financial Protection Bureau (CFPB) is proposing to subject large non-bank companies that offer consumer finance services including digital wallets and payment apps – such as Apple and Google – to the same regulatory scrutiny and oversight as banks, credit unions and other financial institutions... More
Eurasian Bank has launched a digital and physical debit card that enables holders to complete in-store and online transactions using Kazakhstan’s central bank digital currency (CBDC)... More
The number of cities worldwide where Google Wallet users can now store digital transit tickets or make open loop or closed loop contactless fare payments with a credit, debit or prepaid transit card stored on their Android device has topped 500, Google has revealed in a blog post... More
Governments should create robust trust frameworks that support the issuance and use of digital identity wallets created by private sector providers such as Apple and Google, but not issue wallets directly to end users themselves, according to the Open Identity Exchange (OIX)... More
Industrial enterprises, fintechs, commercial banks, start-ups and other businesses relocating to China’s newly opened digital yuan industrial park in the city of Shenzhen will receive incentives including settlement payments of between 500,000 and 50m yuan (US$6.8m), free rent for up to three years and loans with favourable interest rates... More
The Australian Treasury has released draft legislation for public consultation that would give the Reserve Bank of Australia (RBA) regulatory powers over digital wallet providers including Apple Pay and Google Wallet... More
Tourists and other foreigners visiting China can now upload digital yuan to the country’s prototype central bank digital currency (CBDC) digital wallet using their Mastercard or Visa credit card... More
The European Payments Initiative (EPI) will launch its pan-European digital wallet for use on both iOS and Android devices under the commercial name of Wero, the initiative has revealed... More
The Reserve Bank of India (RBI) is to add support for NFC payments to the country’s UPI Lite digital wallet, enabling users to conduct transactions on their smartphone even when there is no internet or mobile connection... More
The Central Bank of Nigeria (CBN) is enabling consumers and merchants to use their smartphone to make and receive contactless in-store and P2P payments with the country’s eNaira central bank digital currency (CBDC) using NFC, even if they are offline, according to local media reports... More
Visitors to China can now link their international credit cards, including cards issued by Visa, Mastercard, JCB and Discover, to an Alipay or WeChat Pay digital wallet and use them to make payments for goods and services at merchants across the country... More
Students with Galaxy smartphones at 68 colleges, universities and higher education institutions across the USA can now add a digital version of their student identity card to Samsung Wallet and use it to access campus buildings and to make contactless onsite purchases... More
An EU Digital Identity Wallet (EUDI) is to be made available free of charge to all 450 million citizens of the EU in the form of a personal digital wallet stored on their mobile phone, the European Parliament and the Council of the EU have agreed... More
Passengers using Qingdao Metro’s line 4 can now use their NFC mobile phone to pay directly for their fares with China’s digital yuan central bank digital currency (CBDC), even if their mobile phone has no signal or has run out of battery... More
The technical specification for the proposed EU Digital Identity (EUDI) wallet will be available “in two weeks”, Robert Viola, director general of the European Commission’s digital economy directorate, has revealed... More
The US Department of Homeland Security’s Science & Technology Directorate has issued a call for applications from technology providers for ‘Privacy Preserving Digital Credential Wallets & Verifiers (Digital Wallets)’... More
LVMH Group is to equip staff at its Sephora, Christian Dior Couture, Celine, Tiffany & Co and Louis Vuitton stores in the US with iPhones that use Apple’s Tap to Pay softPOS solution from “later this year”. More
Google Wallet is now available in Argentina, Albania, Bosnia and Herzegovina, North Macedonia and Montenegro, bringing the total number of countries where the digital wallet is available to 66. More
Building and design platform Houzz has added support for Apple’s Tap to Pay softPOS solution to its app, enabling residential contractors and design professionals linked to its service in the US to accept contactless payments from clients on their iPhones... More
