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Wall Street Cheers Clarity on Fed Outlook—Even if It Means Higher Rates
Inflation Comes In Hot
BRICS Nations Aim to Enhance Cross-Border Payment Networks
Lagarde enters French election debate as ECB exit speculation grows
Robert Friedland on the World’s Monumental Shortage of Copper
The Tooth Fairy Approves a 17% Raise
India’s SEBI Seeks Major Changes to Unpopular Auction System
LIV Golf’s bleak future shifts to the courtroom
Japanese Automakers to Revise Factory Schedules to Address Labor Shortages
Iran Declines U.S. Talks Without Preconditions
South Korea Requests U.S. Handover of Wartime Command Authority Without Conditions
Bank of Japan Reports Record Drop in Government Bond Holdings
Xi Jinping Arrives For BRICS Summit
Ford to recall about 223,500 U.S. vehicles over fuel tank issues
Meloni sees Italy 2026 growth at 1%, matching euro zone
Latin American Countries Strengthen Cooperation in Drug Trafficking Fight with U.S.
Egypt Condemns Any Attack on Saudi Arabia as Violation of International Law
Over 60% of New Dentists Join Hong Kong Health Department Due to Mandatory Internships
India Regulator Proposes Changes to Closing Auction After Swings
Xi Takes Center Stage at Modi’s BRICS Summit as Iran War Deepens
Saudi shuts oil pipeline after ‘Iraq-launched attacks’
Houthis seize Red Sea coast as Saudi pipeline shutdown deepens oil risks
Munich Emerges as Key R&D Hub for Chinese Automakers in Europe
Xi Jinping's India Visit Highlights China's Economic and Diplomatic Agenda
QNB: Emerging markets face both promise and disruption from artificial intelligence
UK Parliament Rejects Assisted Dying Legislation
Singapore and China Dominate Global Education Rankings Amid Decline in OECD Student Scores
Far-Right Win Puts Germany’s Economic Renewal on Shakier Ground
European Investment in Latin American Stocks Reaches 15-Year Peak
Burnham faces UK economic test as budget day approaches
Chinese Cryptocurrency Investor Sells £190 Million Mansion in London
Ground Beef Prices Reach Record High in August 2026
Thames Water Faces £2 Billion Bill Due to Financing Expenses and Advisers' Fees
High Oil Prices May Lead to Increased Interest Rates by European Central Bank
Sweden's Election Race Becomes More Competitive Ahead of Vote
Italy’s Fragmented Politics Pose Risk to Rating, Fitch Warns
Chinese AI Firms Avoid Meetings with US Delegation Over Sanctions Concerns
Global funds retreat from Indian stocks as some cut exposure to zero - Bloomberg
Lagarde Joins France Election Debate at Normandy Rally, Feeding ECB Exit Talk
Data Centers May Soon Enter Catastrophe Bond Market
Major Security Operation in Ireland for Trump Visit
Saudi-led Strikes in Yemen Result in 82 Casualties Since September 3
Canada Gains Approval for Beef Imports from the Dominican Republic
Saudi Arabia shuts key oil pipeline after Houthi’s drone attack - Reuters
Banco Master Case Files Approved for Release in Brazil
U.S. Legislator Proposes Reevaluation of North Korea Travel Ban
Survey Reveals Over 30% of Unmarried Japanese Do Not Desire Children
Cocaine Worth €500,000 Seized at Dublin Airport
Why I, a non-billionaire, am not leaving the UK
Windshield megadeal could fix Europe’s broken IPO window
Nick Train’s trust offers buyback in bid to boost weak share price
S&P Report Highlights Saudi Arabia's Resilience Amid Middle East Conflicts
UBS sees Chinese carmakers reach 37% globally by 2030
India Wants to Buy Fewer Chinese Imports, but Keeps Needing More
US Tax Brackets to Increase by 3.2% in 2027
Riyadh Asserts Right to Protect National Security
Saudi Arabia Halts Retaliation Plans Following Iraq's Call for Restraint
S&P Projects Increase in Saudi Oil Production by 2027
U.S. links Chinese satellite imagery to deadly Iranian strike - WSJ
AstraZeneca's SERENA-4 Trial Fails to Meet Primary Endpoint
Tamron Considers Sony Acquisition Amid Rising Competition from Chinese Lens Makers
AI Worm Threatens WeChat Accounts with Self-Propagation
Trump says he’s open to Chinese automakers building cars in the U.S.
North Korea Launches Unidentified Projectile Towards East Sea
Goldman Sachs, Citi, and Bank of America Continue Brokerage Operations
Australia’s Optus apologises for outage that disrupted emergency calls
How much more gold could central banks buy?
U.S. Links Chinese Satellite Data to July Attack in Iran
VinFast’s Founder Hands CEO Role to Son Amid Expansion Push
Mastercard Sees Digital Wallet Users Exceeding 6 Billion by 2030
By 2030, more than 6 billion people could be using digital wallets.
That’s according to Mastercard, which on Thursday (Sept. 10) introduced a set of solutions designed to help wallet providers offer a better user experience.
Mastercard Wallet Pay is “designed to foster interoperability and innovation” for digital wallets across contactless (NFC), QR codes and online digital payments, the company said.
“Wallets are gateways to the digital economy and launchpads for broader financial services,” Jorn Lambert, chief product officer at Mastercard, said in a news release.
“Through our Wallet Pay solutions, we’re helping payment providers to enhance the interoperability and user experience of their services, underpinned by trust, scale and convenience for the people and businesses they serve.”
According to the release, Wallet Pay Solutions are geared toward things like interoperability, allowing “smooth connections between wallets across borders, platforms and payment types.”
The solution also supports providers in introducing their own credit, debit or prepaid card programs, and allows merchants to accept payments from cards and wallets in person and online, letting more than 3.7 billion Mastercard credentials connect to digital wallets, the company said.
“With technologies like cloud-based payments and Mastercard’s global acceptance network, wallet providers can leverage Mastercard Wallet Pay and bring new use cases to life without significant changes to their infrastructure,” the release added.
Meanwhile, recent PYMNTS Intelligence research, done in collaboration with PayPal, shows that digital wallet payment preferences can play a key role in determining whether or not online shoppers abandon their carts.
“The Hidden Cost of Checkout Gaps” report estimates that close to 56 million U.S. consumers abandoned an online cart in the previous 30 days when their preferred payment method wasn’t available. Missing digital wallets made up for about 26 million of those shoppers, while buy now, pay later options were another big source of lost purchases.
As covered here Thursday, those figures place payment choice “squarely on the merchant’s growth agenda.” A customer might like the product and accept the price, though their decision can still fall apart due to payment methods. Recognizing those preferences can help merchants close gaps in their checkout experience.
“The next phase of shopping adds another reason to pay attention,” PYMNTS wrote. “Some 43% of consumers say they’d likely link a digital wallet to an AI agent for purchases within two years. Familiar payment tools could help them take that step. They also want a say in what an agent can buy and how much it can spend.”
Source: PYMNTS.com