App news and trends

Zelle Removes Ability to Send or Receive Money Through App

April 01, 2025
Zelle
FICO and Jersey Telecom Team to Combat APP Fraud 
Fraud Prevention // September 18, 2024

FICO is working with Jersey Telecom (JT) to push back against authorized push payment fraud. The analytics software company said Wednesday (Sept. 18) it has collaborated with the British Channel Islands-based telecom to develop a solution that allows for “direct, near real-time intervention” to protect customers against fraud. “FICO and...

Reimbursement Backlash Forces Hemsley Out at UK’s Payment Systems Regulator
Legal & Regulation // June 02, 2024

The managing director of Great Britain’s Payments Systems Regulator (PSR) is reportedly stepping down. As Bloomberg News noted in a report Saturday (June 1), Chris Hemsley’s departure comes amid rising financial industry anger over new fraud refund regulations. Hemsley will leave “imminently” following nearly five...

Eved Adds Prepaid Card, App for TV, Film Production Expenses
B2B Payments // May 31, 2024

Eved has added a prepaid Visa card and an accompanying mobile app to its range of payment and management solutions for the entertainment and media industry. The EvedPay card and mobile app are designed to help companies pay for and manage day-to-day expenses involved with...

Report: McDonald’s to Launch Digital Marketing Fund, Add Ordering Channels
ResTech // May 09, 2024

McDonald’s is reportedly set to modernize its marketing strategy by launching a digital marketing fund to be paid into by its U.S. franchisees. The move aims to modernize the fast-food giant’s marketing approach, enhance its competitive advantage and strengthen its position in the digital business landscape, CNBC reported Thursday (May 9), citing an...

Interviews & Exclusives
Pay.UK Says Controlling UK’s Payments Fraud Epidemic Needs More than AI

May 16, 2023
Over £1.2 billion ($1.5 billion) in the U.K. was stolen through authorized and unauthorized financial fraud in 2022, according to a recently published UK Finance report. And while that amounts to an 8% drop compared to 2021 figures, there’s no debate that the battle to prevent fraud and keep criminals at bay is far from over. […]

UK Finance: How Far Can AI Go in Fighting Fraud?

March 16, 2023
Much has been said about the potential new technologies like artificial intelligence (AI) and machine learning have in transforming fraud detection and fraud prevention across industries. But according to UK...

Stripe Marketplace Aimed at Growing Internet Economy

May 25, 2022
The Internet economy demands that companies stay nimble, and branch out beyond their initial markets and even core competencies. They need to pivot as needed, to meet new demands and...

Not Candy Crush: Gaming App Focuses On Consumers’ Financial Goal Setting

February 08, 2021
A good game, one that attracts hundreds of millions of players and dollars in the app store, can take all kinds of forms. There are complicated adventures, simple puzzles, first-person...

Quick Reads
Zelle Removes Ability to Send or Receive Money Through App

April 01, 2025
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 payment method through a participating bank or credit union’s app. Zelle had announced in an Oct. 31 blog post that it would make this change, and it completed the move […]

FICO and Jersey Telecom Team to Combat APP Fraud 

September 18, 2024
FICO is working with Jersey Telecom (JT) to push back against authorized push payment fraud. The analytics software company said Wednesday (Sept. 18) it has collaborated with the British Channel Islands-based telecom to develop...

Reimbursement Backlash Forces Hemsley Out at UK’s Payment Systems Regulator

June 02, 2024
The managing director of Great Britain’s Payments Systems Regulator (PSR) is reportedly stepping down. As Bloomberg News noted in a report Saturday (June 1), Chris Hemsley’s departure comes amid rising...

Eved Adds Prepaid Card, App for TV, Film Production Expenses

May 31, 2024
Eved has added a prepaid Visa card and an accompanying mobile app to its range of payment and management solutions for the entertainment and media industry. The EvedPay card and...