peer-to-peer payments

MoneyGram Implements Mastercard Move to Facilitate Digital Money Movement

MoneyGram Implements Mastercard Move to Facilitate Digital Money Movement
MoneyGram Implements Mastercard Move to Facilitate Digital Money Movement
April 02, 2025  |  Cross-border Payments

MoneyGram has implemented Mastercard Move, a portfolio of money transfer solutions, to facilitate digital money movement domestically and across borders. With this integration, MoneyGram customers...

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Zelle Removes Ability to Send or Receive Money Through App
Zelle Removes Ability to Send or Receive Money Through App
April 01, 2025  |  Mobile Payments

The standalone Zelle app can no longer be used for sending or receiving money, and users are being invited to enroll to use the peer-to-peer...

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Report: CFPB Drops Lawsuit Against Zelle Operator and Owner Banks
Report: CFPB Drops Lawsuit Against Zelle Operator and Owner Banks
March 04, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) reportedly dropped its lawsuit targeting the operator and three owner banks of Zelle. The regulator said in a Tuesday...

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Chase to Restrict Use of Zelle for Purchases Through Social Media
Chase to Restrict Use of Zelle for Purchases Through Social Media
February 19, 2025  |  Digital Payments

Chase told customers that it will add some restrictions on their use of the peer-to-peer payment network Zelle with Chase beginning March 23. The changes...

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Zelle Marks $1 Trillion Milestone as P2P Payment Use Jumps
Zelle Marks $1 Trillion Milestone as P2P Payment Use Jumps
February 12, 2025  |  Payment Methods

Last year appears to have been a landmark one for peer-to-peer (P2P) payment app Zelle. During 2024, American consumers and small businesses transmitted more than $1...

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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

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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