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HID has recently unveiled a new offering that allows companies to seamlessly integrate employee badges into digital wallets.

According to MarketsandMarkets, the market size for cryptocurrencies is projected to increase from USD 1.6 billion in 2021 to USD 2.2 billion in 2026, at a CAGR of 7.1%. Transparency, distributed ledger technology, and raised venture capital expenditures are some primary reasons driving industry expansion. With cryptocurrencies gaining popularity, it is essential to understand what they are and how to use and store them to invest in any of these blockchain-based coins.

New research from payment solutions provider Checkout.com has revealed that half of UAE residents are using digital wallets for the first time.According to the survey, security is still the most important factor for UAE residents when shopping online, with nearly 40% of respondents trusting digital wallets as much as banks. Indeed, the future looks bright for digital wallets, with 48% of respondents.

The UAE is embracing AI solutions and tools to expedite the digital transformation process and enhance performance standards.

Amazon Payment Services, a prominent digital payments provider in the Middle East and North Africa (MENA) region, has released research shedding light on the spending preferences of Generation Z (Gen Z), the demographic born between 1997 and 2012.

Endava, a global provider of digital transformation, agile development, and intelligent automation services, announced the publication of their 2022 Global Payments Study.

EasyCash allows users to make online payments and access funds anywhere, whenever, and however they choose thanks to a seamless integration with Mastercard and Meeza, a statewide payment network system.

“We are thrilled to take our digital customer experience in the UAE to a new level through the integration of ‘UAE Pass’into our fast-growing and highly-rated wu.com and mobile app. This will allow our customers an easy, convenient and secure digital onboarding so that they can start sending money to their family and friends anytime anywhere,” said Salma Massoud.

According to the 2021 Gartner, Inc. Hype Cycle for Digital Commerce, visual configuration, digital wallets, customer identity and access management (CIAM), and virtual customer assistants (VCAs) will have a significant impact on digital commerce.

Antelop Solutions, a financial technology business that enables financial institutions to issue secure digital credit and debit cards to their clients, was acquired by Entrust in a formal agreement. Entrust can assist banks and financial institutions worldwide develop integrated, seamless digital and physical financial card and payment experiences for consumers by combining Antelop's solutions with the Entrust card issuing portfolio.