P-to-P payments

Fed's Powell gives boost to banks in real-time payments race

10/19/17

The Federal Reserve Board governor sketched out a future in which U.S. banks remain at the center of commercial transactions.

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Justice Department gives big banks green light on real-time payments

10/02/17

Following an antitrust review that lasted almost a year, the approval would appear to cement The Clearing House's status as the front-runner in a race to modernize the U.S. payments system.

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Zelle says 4M users have enrolled since June launch

09/08/17

The person-to-person payment service, the big banks’ answer to Venmo, is scheduled to launch a standalone app next week.

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P2P student lender gets financing; Bitcoin Cash surges

08/21/17

Prodigy Finance, a London-based graduate student lender, gets $240 million in new funding round; Bitcoin Cash value soars.

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Inside seven plans for a faster U.S. payment system

07/25/17

A task force convened by the Federal Reserve released its evaluations last week of 16 proposals to build a faster U.S. payment system. What follows is a brief look at some of the plans that received high marks.

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Zelle sign-up issues expose risks of tying phone numbers to accounts

07/07/17

Many of Zelle's member banks chose to migrate clearXchange users to the relaunched service. It's a potential convenience, but if executed without end user awareness or consent it can irritate consumers.

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Breaking Banks: Demystifying money movement

06/23/17

Host Brett King talks to Bill Barhydt of Abra and Shachar Bialick of Curve.

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Why Apple's P-to-P service could go the way of Betamax

06/16/17

In order for Apple to achieve significant success with its upcoming P-to-P service, the tech titan needs to expand the amount of people who can use the payments feature.

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Have the Zelle banks finally found a winning formula?

06/12/17

The bank-owned person-to-person network formally went live Monday, enabling direct transfer of funds across 30 U.S. financial institutions. There are a lot of questions around whether it can compete with the current kings of P-to-P — Venmo and PayPal — but Zelle may not be aiming to take them head-on just yet.

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Apple makes iMessage the heart of its P-to-P strategy

06/05/17

Apple formally announced the debut of its rumored Venmo-like P-to-P service, and as with anything Apple-related, it's deeply embedded into the overall Apple ecosystem.

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