P2P payments

Beyond Borders: Pix’s Evolution From Domestic Powerhouse to International Player
Beyond Borders: Pix’s Evolution From Domestic Powerhouse to International Player
December 17, 2024  |  Digital Payments

PYMNTS Intelligence data has detailed the ways in which various economies around the globe have “plugged in” to a broad range of digital activities, spanning...

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Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors
Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors
December 09, 2024  |  Cross-border Payments

Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of...

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44% of UK Consumers Plan to Use Digital Wallets Beyond Payments
44% of UK Consumers Plan to Use Digital Wallets Beyond Payments
December 02, 2024  |  Consumer Insights

In recent years, digital wallets have become an essential tool for making online payments, but their uses are quickly expanding. In the U.K., nearly half...

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Zelle Reportedly Steering Users to Banking Apps
Zelle Reportedly Steering Users to Banking Apps
October 31, 2024  |  Mobile Applications

Zelle reportedly wants users to use its platform via banking apps instead of its own. An executive for the peer-to-peer payments provider told Reuters on...

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Early Warning: Zelle Transaction Volume Rose 27% in First Half
Early Warning: Zelle Transaction Volume Rose 27% in First Half
October 17, 2024  |  Payment Methods

The Zelle person-to-person (P2P) payments network continued growing in the first half of the year. The number of transactions sent via the network increased 27%...

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Venmo Prepares to Roll Out Scheduled and Repeat Payments Feature
Venmo Prepares to Roll Out Scheduled and Repeat Payments Feature
October 02, 2024  |  Payment Methods

Venmo is reportedly giving users an easier way to make repeat or scheduled payments. The new feature would let customers schedule payments — or requests —...

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Trinidad and Tobago Partners With UPI Developer NPCI to Develop Digital Payment Platform
Trinidad and Tobago Partners With UPI Developer NPCI to Develop Digital Payment Platform
September 27, 2024  |  Digital Payments

Trinidad and Tobago is working with a subsidiary of NPCI, the developer of India’s Unified Payments Interface (UPI), to implement a similar solution in the Caribbean nation....

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FIS and Neural Payments Partner on P2P Payment Service
FIS and Neural Payments Partner on P2P Payment Service
August 15, 2024  |  Partnerships

FIS and Neural Payments have partnered to help banks offer peer-to-peer (P2P) payment capabilities to their customers. This collaboration will make Neural Payments’ P2P payment...

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Report: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo
Report: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo
August 07, 2024  |  Fraud Prevention

The Consumer Financial Protection Bureau (CFPB) is reportedly looking into how some of the biggest U.S. banks handle complaints from customers who dispute transactions made through Zelle. JPMorgan...

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