That wallet in your pocket or handbag is probably stuffed with credit cards, store discount cards, insurance cards, etc. Every transaction you can think of likely can be made using your wallet’s contents. Keeping it safe is the priority. A digital wallet also holds everything you need to make a transaction. The difference between a…
Apple Accused of Breaking EU Competition Laws Over Digital Wallets
May 2, 2022
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anti trustApple PayBusiness & EconomyCompaniesdigital walleteconomyEuropeInternationalInvestmentMarketsMedia & Big TechNFCTechTech NewsUSWorld
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European Union regulators have accused Apple of breaking the law by stifling competition in markets for mobile wallets, a move that could lead to billions of dollars in fines. The European Commission (EC) said in a May 2 statement that it had sent a charge sheet known as a statement of objections to Apple, alleging…
Possibility of an Official Australian Digital Currency in the Future: RBA
December 8, 2021
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AustraliaBusiness & Economycryptocurrencydigital currencydigital walletphilip loweReserve Bank of AustraliaWorld
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Philip Lowe, governor of the Reserve Bank of Australia (RBA), has flagged the possibility of a central bank-backed form of digital currency in the future and welcomed the federal government announcement to overhaul the payments system. In an address to the Australian Payments Network Summit on Dec. 9, Lowe discussed the rising popularity of electronic…
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