CASHLESS SOCIETY: BIG BANKS PREPARE TO LAUNCH DIGITAL WALLET TO COMPETE WITH APPLE PAY AND PAYPAL
Major US banks, including Wells Fargo, Bank of America, JPMorgan, and others, will push into the digital wallet space in the second half of this year to take on Apple Pay and PayPal. Early Warning Services LLC (EWS), the bank-owned company that operates the money-transfer service Zelle, will be managing the new digital wallet, according … Read more