P2P payments

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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JPMorgan Chase Evaluates Legal Options as CFPB Scrutinizes Zelle Payments
JPMorgan Chase Evaluates Legal Options as CFPB Scrutinizes Zelle Payments
August 04, 2024  |  Security & Fraud

JPMorgan Chase could be headed for a dust-up with the Consumer Financial Protection Bureau. In its “Consolidated Financial Statements” for the six months ending June...

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More Than Half of US Consumers Use P2P Apps to Send Money
More Than Half of US Consumers Use P2P Apps to Send Money
August 02, 2024  |  Security & Fraud

Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns...

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Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
July 22, 2024  |  Real-Time Payments

Brazil’s central bank has delayed the launch of a recurring payments feature that will be added to its Pix instant payment system. The feature, Automatic...

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Cash App Exiting UK to Increase Focus on US
Cash App Exiting UK to Increase Focus on US
July 18, 2024  |  Payment Methods

Cash App says it will exit the British market as it focuses on the U.S. The mobile payments service announced Thursday (July 19) that it...

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5 Big Ideas: Making the Case for Instant Payments
5 Big Ideas: Making the Case for Instant Payments
June 19, 2024  |  Faster Payments

In recent years, instant, P2P payments have seen a surge in adoption, emerging as a popular method for consumers to receive funds and make personal...

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Apple’s Tap to Cash Lets Users Pay By Touching iPhones
Apple’s Tap to Cash Lets Users Pay By Touching iPhones
June 11, 2024  |  Apple

Apple’s new iPhone update will include a new way for users to transmit funds. In addition to the various AI announcements the tech giant made...

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Making Sense of the Cost of Cash for Businesses
Making Sense of the Cost of Cash for Businesses
June 07, 2024  |  News

Increasingly, the most used wallet in a shopper’s pocket isn’t the leather one. It’s the digital wallet in their phone. That’s also the case with...

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Mastercard Unveils P2P Pilot for Crypto Credential Tool
Mastercard Unveils P2P Pilot for Crypto Credential Tool
May 29, 2024  |  Cryptocurrency

Mastercard has introduced what it calls a “milestone” update to its Crypto Credential tool. For the first time, the company announced Wednesday (May 29) crypto...

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