Google Wallet Adds Digital ID Support and Expands its Reach
For users in the UK and certain U.S. states, Google Wallet is introducing digital ID support designed that could ease travel disruptions and streamline age-restricted purchases. In Arkansas, Montana, Puerto Rico, and West Virginia—states which already offer government-issued digital IDs—residents will be able to add their identification to their digital wallet. Meanwhile, users in Arizona, […]
Mastercard’s Stake in Corpay Allows It to Workshop New Cross-Border Offerings
Mastercard has acquired a 3% minority stake in payments platform and network Corpay, which processes large-ticket payments in over 160 currencies worldwide. The partnership positions Corpay as the exclusive provider of currency risk management and integrated large-ticket cross-border payment solutions for Mastercard’s financial institution customers. The collaboration aims to streamline customer access to a […]
Where Can Financial Institutions Turn for Guidelines in Cyber Resiliency?
Regulation continues to recede from the realm of cybersecurity, leaving organizations to fill these gaps on their own, using their own knowledge bases. The onus now falls on the financial services industry to self-govern and for cybersecurity leaders to come up with their own standards to ensure best practices. In 2024, the nonprofit organization MITRE […]