Consortium proposes European Digital Identity Wallet payments pilot

Nobid Consortium participants

A consortium of government agencies, financial institutions, payments networks and technology providers from Denmark, Germany, Iceland, Italy, Latvia and Norway is proposing to launch a large-scale payments pilot to explore how the European Digital Identity Wallet being developed by the European Commission would support cross-border transactions... More


What's New in Payments

Starling Bank lets customers use a single debit card to pay in multiple currencies

Starling Bank launches euro debit card so business and personal customers can spend in two currencies with one card — Starling Bank — “To start using the new Euro Card feature, Starling account holders, both business and personal, must open a euro account… Once it’s open, they can transfer money from their business account to their euro account with a single tap in the app… Their existing debit card can [then] be switched on (in-app) to operate in either pounds or euros, depending on the currency of the transaction.”


Transit Ticketing Today

Transit card providers to issue combi card that works in both Singapore and Malaysia

EZ-Link and Touch ‘N Go to introduce dual currency cross-border combi card — EZ-Link — “A first in Southeast Asia, the Combi Card will securely host both electronic wallets from EZ-Link and Touch ‘n Go. Targeted for launch in quarter four 2019, the card will first allow users to pay for urban mobility in both countries… To date, EZ-Link has issued about 30 million Cepas EZ-Link cards in Singapore and Touch ‘n Go has more than 23 million active Touch ‘n Go cards in circulation in Malaysia.”


What's New in Payments

PCCW to test multi-currency mobile payments in Hong Kong, Macau and Zhuhai

PCCW Global and DHQ Tech to explore multi-currency Tap & Go mobile payment technology — HKT — “Our collaboration with DHQ Tech will enable Tap & Go users to pay for goods and services regardless of where in the world they originate from, or in which currency they wish to pay… Tap & Go is uniquely positioned to overcome all the hassles associated with making payments between currencies, and we expect ease of operation to deliver real benefits for regional trade and tourism.”