More U.S. consumers have been using mobile wallets at the point of sale since 2019, driven initially by the COVID-19 pandemic and subsequently because of the additional utility and security built into ...

Changes in shopping and payment habits take time to evolve, many taking years before achieving widespread adoption — that is, until COVID-19. Overnight retailers were forced to address matters of ...

Forbes contributors publish independent expert analyses and insights. Gary Drenik is a writer covering AI, analytics and innovation. In an increasingly digital world, smartphones are a convenience of ...

If banks are to compete against the likes of Apple Pay and Google Wallet in the mobile-wallet arena, they are going to have to provide value-added features that leverage their retail-banking products, ...

A mobile wallet solution is a system that allows customers to securely keep payment information on their mobile devices, such as credit card details, loyalty cards, and other financial information.

Consumers are increasingly turning to these mobile tools for convenience and new features, and regulators are trying to catch ...

Why carry around your money in a wallet when you can pay with the tap of your phone? Digital wallets have made cashless payments much easier and a variety of these apps, also called mobile wallets, ...

In recent years, the financial landscape has undergone a significant transformation, with digital payment methods gaining tremendous traction. Mobile wallets and real-time payment platforms like ...

While mobile-wallet ownership holds steady at 45%, younger consumers are embracing the payment technology more readily than they were 10 months ago, according to a research from the big processor FIS ...

The rise in smartphone usage, estimated at four hours per day during 2020, has unsurprisingly created new uses and opportunities within the payments space. Thanks to mobile wallets, defined simply as ...