P-to-P payments

MetaBank sees consumer demand for faster payments

08/27/19

A new study released by the prepaid issuer MetaBank finds that most consumers want businesses to use faster payment methods when sending them money for refunds, rebates and claim payments.

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Millennials propel Zelle at BofA

08/21/19

Bank of America’s P2P transaction volume via Zelle is surging, with millennials driving the bulk of its usage.

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Rival South Florida banks team up to go after bigger fish

08/18/19

Professional Bank and Marquis Bank, both of Coral Gables, have been competing against each other for more than a decade. Now they are merging in hopes of landing larger clients and making better use of technology being developed in Professional's innovation lab.

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Venmo adds Instant Transfer link to bank accounts

08/12/19

As the competition mounts to increase adoption rates for person-to-person payment apps, PayPal's Venmo is adding a way for users to quickly move money from the app to their bank account.

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Apple Card fortifies the digital model, and that's trouble for banks

08/09/19

Apple's massive user base, fully digital enrollment system, merchant reach and partnership with Goldman Sachs threaten retail banks on multiple fronts.

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Zelle operator Early Warning hires new CEO

05/30/19

Albert Ko, who had been the chief transformation officer of Intuit, says he will work to improve Zelle's interface to make it more appealing to consumers.

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Early adopter: Clearing House real-time payments lands first small bank

05/22/19

Avidia Bank joins the network even as other community banks call on the Fed to create its own real-time payment service to compete.

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Community bankers alarmed after big banks backtrack on faster-payments pricing

04/10/19

In 2016, a big-bank consortium said that it would charge the same prices to all institutions, regardless of their size. But now the group has added a large caveat to that pledge.

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How much does P2P drive engagement for banks?

03/22/19

The market for P2P payments is finally taking off after years of false starts, but there are still many unanswered questions. The biggest one: How do banks get value out of offering this service free of charge?

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P2P Payments: Driving Customer Engagement

03/22/19

Person-to-person payments have become table stakes for institutions looking to attract and retain younger customers. The service may also be one of the keys to keeping big-tech insurgents like Amazon at bay.

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