European banks call for rethink on incorporating payments into EU digital identity wallet proposals

European banking association logo large

The European Credit Sector Associations (ECSAs) are calling on the European Union to re-examine clauses in legislation on the proposed European Digital Identity Wallet that appear to imply that “widely used cards and payment specifications” will have to accept the wallet for strong customer authentication (SCA) for payments “on a mandatory basis”... More


Lithuanian supermarket chain begins rolling out contactless stores

Lithuanian supermarket chain IKI contactless stores in Vilnius

Lithuanian supermarket chain IKI has opened its second contactless convenience store in the capital Vilnius, enabling customers to check in at the store door by tapping their payment card, mobile wallet or retailer’s app, select the products they want and pay for their purchases without needing to scan them, by tapping their payment card as they leave... More



Japan to host first entirely cashless World Expo in 2025

Logo for Japan cashless World Expo 2025 in Osaka

The World Expo 2025 in the Japanese city of Osaka will be the first world’s fair to be entirely cashless and is developing a dedicated blockchain-enabled Expo Digital Wallet that visitors will be able to use to make contactless payments with their smartphone both inside and outside the venue as well as after the event... More





European Banking Federation lays out principles for a retail digital euro

European Banking Federation chart showing objectives for a retail digital euro

The proposed retail digital euro should be appropriately designed in collaboration with the private sector, create value for end-users, preserve financial stability and incentivise and enable private sector intermediaries to add solutions and services within the central bank digital currency (CBDC) ecosystem, according to a European Banking Federation (EBF) vision paper... More



Google Wallet begins to roll out in Japan

Google Wallet Japan on 3 smartphone screens

Google Wallet has launched in Japan, enabling users to store and use their credit, debit, transit and loyalty cards, boarding passes, tickets and other digital credentials on their Android NFC smartphone or Wear OS smartwatch... More