Mobile Wallets

British automaker Lotus Cars Ltd. has selected Stripe Inc. as the processor for its direct-to-consumer sales in Europe. The deal will enable consumers to configure, order, and pay for cars online. Consumers can use such payment methods as Apple Pay, Google Pay, and bank transfers. Lotus will be able to …

Despite the increasing popularity of buy now, pay later loans, some BNPL providers could do a better job when it comes to providing consumer protections, such as disclosing fees and enabling consumers to manage their data and privacy settings, a study by Consumer Reports found. When it comes to the …

U.S. investment managers have grown bullish about Bitcoin’s prospects despite recent events that have roiled digital-currency markets, research released Wednesday indicates. Feeding the renewed optimism are prospects for “improved regulation” and expectations of a “recovery in valuations” for Bitcoin, according to the research, in which 30 major investment managers were …

Cantaloupe Inc., a specialist in micropayments, announced on Tuesday it has teamed up with Amazon Web Services Inc. (AWS) to use AWS cloud services and make AWS its preferred provider to handle transaction volume flowing through Cantaloupe’s merchant network. Cantaloupe, which specializes in payments technology for vending machines and self-service marketplaces, handles …

Amazon.com Inc. is adding another feature to its Amazon One palm-based identity service, and Chinese site WeChat has brought palm recognition to cameras used for facial recognition. Amazon One has added an age-verification component, Amazon said in a blog post. Launched in 2020, the technology recently expanded beyond Amazon properties …

PayPal Holdings Inc. announced early Monday it is launching a version of its Venmo peer-to-peer payment service tailored for teenagers. With the new program, parents holding a Venmo account can open one for a child aged 13 to 17 that will include a Mastercard debit card. Parents can exercise control …

Marathon Digital Holdings Inc., a digital-asset company that supports the Bitcoin ecosystem, is teaming up with Brink Technology to raise $1 million to support Bitcoin Core developers that maintain the Bitcoin protocol. Brink Technology works to strengthen the Bitcoin protocol and network. The Bitcoin protocol enables Bitcoin to function as …

Galileo Financial Technologies LLC has reached an agreement with Amazon.com to make its platform available to buyers on Amazon’s AWS Marketplace. AWS marketplace is a digital catalog that features software listings from independent software vendors. Businesses use it to find software that runs on Amazon Web Services (AWS), a unit …

Blockchain company Ripple unveiled its Ripple CBDC Platform, technology supporting central banks, governments, and financial institutions in issuing central bank digital currencies. More than 90% of the world’s countries are at some stage of development toward a CBDC, according to the Atlantic Council. Matera, a U.S.-based instant payment and QR code technology …

Cybercrime remains a scourge difficult to tame, according to data from Apple Inc., the Identity Theft Resource Center, and LexisNexis Risk Solutions. Apple Inc. late Tuesday revealed it stopped more than $2 billion in fraudulent transactions in its app store in 2022. In addition, the technology giant blocked nearly 3.9 …