Digital Wallet Use Set to Exceed 6 Billion by 2030
Juniper Research forecasts a major shift in the global payments landscape.
The post Digital Wallet Use Set to Exceed 6 Billion by 2030 appeared first on TechRepublic.
Category Fintech
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UK Government Commissions Skills Review for AI in Finance
Firms and policymakers must act now to ensure the UK workforce “is equipped to lead the way in digitisation, innovation, and adoption.”
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European Police Dismantle €600M Crypto Fraud Network
European authorities have arrested nine suspects accused of laundering through fake crypto investment platforms.
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Ripple Craves Crypto Custody Momentum with Palisade Acquisition
By merging Ripple’s “bank-grade vault” with Palisade’s wallet, Ripple aims to provide an end-to-end institutional infrastructure.
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Brits Bank on AI: Over 28 Million Use Tech to Manage Their Money
Lloyds Bank’s Consumer Digital Index 2025 reveals how AI tools help with budgeting, saving, or seeking information about money.
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ECB Aims for 2029 Digital Euro Launch
The digital euro is viewed as a strategic tool to safeguard Europe’s monetary independence and prevent reliance on foreign digital payment solutions.
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Anthropic Expands Claude AI for Financial Services
Claude deepens financial services capabilities with Excel integration and real-time data access.
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UK Chancellor Sets Out Strategy to Boost Financial Innovation
Chancellor Rachel Reeves unveiled a new Scale-up Unit aimed at giving bespoke support to rapidly growing banks, insurers, and fintech firms.
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McKinsey Warns Banks Risk $170B Profit Decline From AI
McKinsey describes AI as a double-edged sword: it offers banks the potential to cut operating costs, yet could also disrupt traditional profit pools as customers use AI tools to manage their finances more efficiently.
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Canada Prepares to Launch Financial Crimes Agency
The announcement comes amid a sharp rise in scams targeting Canadians and growing calls for stronger protections.
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