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Payments News Update – December 5, 2025
Summary by Constantine Cannon
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Payments News Update – December 5, 2025
Legal and Regulatory Developments SPOTLIGHT: Digital Wallet Use Outpaces Regulators Payments Dive – December 3, 2025 Back in 1999, eight years before Apple’s first iPhone release, a Silicon Valley software startup named Confinity introduced what it called a new “killer app.” It was dubbed PayPal.com. The service allowed the “beaming” of funds between users, with only an email address. “Beaming Money by Email is Web’s Next Killer App,” Confinity …
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