How Many People Know They Can Use a Digital ID?
Digital IDs are quietly reshaping how we pay, prove, and protect—but most people don’t even know they exist. As governments and financial institutions push ahead with digital identity systems to streamline payments and combat fraud, a surprising gap is emerging: public awareness. In a world where verifying who you are is as important as what’s […]
Uber’s Prepaid Passes Are About More Than Loyalty
Uber’s new prepaid passes—offering riders reduced rates on frequently traveled routes—are designed to appeal to those who consider the rideshare’s services too expensive. Beyond encouraging loyalty among Uber riders, the program also helps the company manage its overall costs. Unveiled this week, the prepaid passes are sold in bundles of 5 to 20 rides, with […]
Bolt Makes Bid for Super App Dominance
As more fintechs expand their digital offerings, Bolt is preparing to launch a platform positioned as an all-in-one super app. Originally founded as a checkout solution for merchants, the company has faced shortfalls and leadership changes. Now, it is pivoting into the digital wallet space, where it will face stiff competition from leading financial services […]
Swift Develops Rules for Retail Cross-Border Payments
The Swift messaging system has long been a central player in improving international transactions, and the network now has its sights set on streamlining retail payments. This retail push marks a shift for Swift, which has traditionally been used for larger intrabank or business-to-business payments. After collaborating with roughly 30 banks across 17 countries, Swift […]