Tag Archives: digital wallet

EU’s Digital Wallet to Revolutionize Identity and Access for 448 Million Citizens by 2026

  (IN BRIEF) The European Union is preparing to roll out a digital identity wallet by 2026, which will provide secure digital identification for its 448 million citizens. This initiative aims to simplify access to government services, healthcare, travel, and … Read the full press release

NatWest Group Launches Click to Pay, Revolutionizing Online Shopping for UK Customers

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) NatWest Group has become the first UK bank to introduce Click to Pay for all its customers with a Mastercard debit card. This digital wallet simplifies online shopping by allowing users to securely store multiple payment cards in … Read the full press release

EPI Moves Closer to Developing Pan-European Digital Wallet and Payment Solution

(IN BRIEF) The European Payments Initiative (EPI), supported by 14 European banks including ING, is acquiring Currence iDEAL and account-to-account payments technology provider Payconiq International to develop a pan-European payment solution. EPI plans to replace the current country-level patchwork of … Read the full press release

European Banks Join Forces to Ensure Payment Sovereignty with EPI

(IN BRIEF) The European Payments Initiative (EPI) has acquired Dutch payment scheme Currence iDEAL and Luxembourg-based payment solutions provider PQI, subject to approval by national and European authorities. EPI’s shareholders are European banks and acquirers who have joined forces to … Read the full press release