THE “DIGITAL WALLET RACE” INTENSIFIES AS BANKS AND FINTECHS AROUND THE WORLD INVEST IN INSURANCE: CHUBB SURVEY – AUG 16, 2023
The Embedded Insurance Strategy” is a global survey of 2,000 consumers and 200 finance leaders.
Wallets
Digital or mobile wallets, wallets with P2P payments capability and virtual banking, e.g., Apple Pay. Content related to neo-banks is included in this category, as is content related to contactless payments.
A NEW PUSH FOR PUSH PAYMENTS
This white paper by Mastercard explains that as real-time payments increase globally, Card-based push payments (push-to-card) enable participants to send funds directly to consumers and small businesses via their payment card accounts. Receipt of funds via a payment card, typically a debit card linked to a deposit account, makes for a seamless consumer experience,
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