P-to-P payments

Barclays to merge BPay, Pingit products as banks fend off Apple

03/05/19

Barclays is preparing to merge its wearable mobile payments product BPay with its more popular Pingit app, after it struggled to attract users.

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Tragedy in Florida, mortgage data breach, steel-cage match for deposits: Top stories of the week

01/25/19

A man entered a SunTrust branch in Sebring, Fla., and shot and killed five women, four of whom were bank employees; 24 million mortgage documents exposed in data security lapse; the battle for deposits is like 'a steel-cage' match; and more from this week's most-read stories.

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Zelle's volume surges, but there's a catch

01/24/19

The bank-led P2P network Zelle saw its strongest quarterly growth during the fourth quarter of 2018, as payment volume rose nearly 60 percent to $119 billion for the year. But a significant amount of this volume comes from just one bank.

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Can WhatsApp coin fix Facebook's payments trajectory?

12/21/18

Facebook’s payments ambitions have made banks wary for years, despite many false starts. But now it looks as if Facebook is pivoting to develop a remittance business, starting with a cryptocurrency project in India.

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Is fear of fraud holding back faster payments?

11/28/18

Proponents of real-time payments systems say banks must embrace them given consumer demand for more immediacy and transparency, even if criminals will try to exploit them.

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How Zelle plans to recapture the smaller banks, credit unions it left behind

11/26/18

A year after its launch, Zelle’s P2P payment volume has rapidly expanded through usage at the nation’s largest banks. But enabling smaller institutions to offer it to their customers is proving to be more challenging.

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Zelle, Venmo use soars as more consumers go cashless

10/23/18

Zelle processed 116 million transactions during the third quarter as its payment volume jumped to $32 billion, while Venmo's volume increased 78% to nearly $17 billion.

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Fed looks to public to help define role on faster payments

10/03/18

For more than a year, the central bank has been under pressure to speed the development of a real-time payment system. But it faces tough questions about what its own role should be.

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Singapore banks add B2B app to drive cashless initiative

08/10/18

PayNow Corporate enables corporations, businesses and government agencies to pay and receive funds instantly by linking a unique entity number to their Singapore bank account.

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Zelle transaction volume rose 17% in Q2, Early Warning says

07/26/18

The person-to-person network also saw $28 billion in payments in the quarter and it added more bank members.

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