IBM and Zelle team up to advance P2P payments
IBM says it has launched an “industry first” solution to support the full lifecycle of peer-to-peer (P2P) transactions, from the back office of financial institutions to the mobile device.
Zelle
Venmo tests physical debit card
Venmo is planning to introduce a physical debit card to supplement its payments app.
Top fintech stories this week – 16 June 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Zelle P2P payments network onboards new members
More banks and credit unions have joined Zelle Network, a new peer-to-peer payments platform in the US.
P2P rising: new study points to a market on the verge of major growth
P2P payments are proving a big hit with younger consumers.
Zelle makes its presence known in P2P payments arena
The recent performance of Zelle Network, the peer-to-peer (P2P) payments platform with the funny name, is no laughing matter for competing P2P providers.
Bank of America zooms in on Zelle for mobile banking
Bank of America has chosen the person-to-person (P2P) Zelle service within its mobile banking app as part of its digital drive. Zelle will let clients send, receive and request money, allowing them to use the existing contacts on their mobile device to transfer money to (or request money from) “almost anyone within minutes, regardless of […]
Who will win the battle for millennials – Zelle or Venmo?
As a Gen Xer, I have always had difficulty relating to the obsessive appeal social media has to millennials. Tweeting and Facebook posting of mundane daily events seemed like over-sharing and just a little narcissistic to me. This is not an intellectual problem of understanding the concepts or technologies, but a kind of generational disparity […]
