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Jonathan Camhi
Jonathan Camhi
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5 Predictions About the Future of Digital Wallets

Bank of America announced this week that it is piloting Visa's V.me digital wallet service with its online customers, firing up the ever-hot topic of digital wallets in the banking sector. Here are some recent quotes on the evolving digital wallets market that we selected to share.
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Regulator Wanted

As soon as a regulator is hired to regulate the wallet directly, it will be one of the best days of my life!

— Ben Milne, CEO and co-founder, Dwolla, in response to a question about how increased scrutiny from financial services regulators might affect the digital wallet business on this week's episode of InformationWeek's Valley View.

Source: InformationWeek's Valley View

 

Jonathan Camhi has been an associate editor with Bank Systems & Technology since 2012. He previously worked as a freelance journalist in New York City covering politics, health and immigration, and has a master's degree from the City University of New York's Graduate School ... View Full Bio

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Vidhya Kumar
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Vidhya Kumar,
User Rank: Apprentice
12/18/2012 | 5:25:45 PM
re: 5 Predictions About the Future of Digital Wallets
I'm looking forward to a good, comprehensive digital wallet. I was disappointed that the iPhone 5 & iOS6 didn't have more with NFC/Passbook. When I'm in Canada now, I can use my Blackberry with NFC as my Visa card. I've used it a few times and it's pretty cool.
Cara Latham
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Cara Latham,
User Rank: Apprentice
12/4/2012 | 6:43:49 PM
re: 5 Predictions About the Future of Digital Wallets
I'm looking forward to more advancements in this realm, as I hardly carry cash and dislike having to use various platforms to make payments while out and about.-
CulturalNgineer
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CulturalNgineer,
User Rank: Apprentice
12/1/2012 | 1:58:03 PM
re: 5 Predictions About the Future of Digital Wallets
A viable one-click microtransaction (under $1) will eventually be seen as a fundamental missing element even if only used occasionally.

Moreover an Internet wallet (or wallets sharing the capability) can form the basis of a vitally needed civic-oriented network.

On Tools for Citizenship: the Neglected Essential
http://culturalengineer.blogsp...
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