PYMNTS

SEPTEMBER 3, 2018

Since we would hate for anyone to go into the end of 2018 behind the eight ball, we decided to pay tribute to both a great bit and a great deal of news with our own top 10 list of the biggest news of summer 2018. It is not an exaggeration to say that 2018 has been the summer of movie subscription service MoviePass ’ discontent.

PayPal 40

PayPal Zelle Online and Mobile Banking P2P 40

PYMNTS

NOVEMBER 4, 2019

For starters, Zelle ’s Q3 results show that its year-over-year payment values increased by 58 percent, while transaction volumes rose by 73 percent. In addition, Early Warning Services, the network operator behind Zelle, announced that $49 billion was sent through the Zelle network on 196 million transactions during Q3 2019.

P2P 40

P2P Zelle Venmo Consumer 40

PYMNTS

JULY 23, 2018

And this week, Prime Day, Google and Zelle were the best candidates for wins, losses and score-equalizers on the week. It looks like Zelle is living up to its namesake animal, the gazelle, and is running quickly to catch up to P2P segment leader Venmo. In 2017, the bank represented a third of all Zelle transactions. Catching Up.

Zelle 40

Zelle Venmo P2P Online and Mobile Banking 40

PYMNTS

JANUARY 31, 2019

PayPal kept its 2018 earnings beat streak alive, notching its fourth consecutive earnings beat with its Q4 results announcement yesterday (Jan. billion during the final quarter of 2018, slightly below analysts’ estimates of $4.24 Revenue, however, was a slight miss for both the quarter and the year. PayPal posted $4.23

Venmo 58

Venmo PayPal Volume Zelle 58

PYMNTS

DECEMBER 24, 2019

About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. By comparison, ownership of smart TVs has increased just 5 percent, and ownership of connected cars has increased 3 percent since 2018. Venmo also offers an example of P2P expansion. 4: An Increasing Number Of Devices.

Consumer 64

Consumer Zelle P2P Real Time Payments 64

PYMNTS

NOVEMBER 6, 2018

Meanwhile, Early Warning Services ’ Zelle network is also getting more robust. The network processed $28 billion in payments during Q2 2018 and can expect that traffic to rise as it adds new participants. Fiserv recently announced that it had helped onboard five more financial institutions (FIs) onto the network.

Faster Payments 53

Faster Payments Real Time Gross Settlement (RTGS) Same Day ACH Cross-Border Payments 53

PYMNTS

OCTOBER 24, 2019

Cross-border B2B transactions generated about $125 billion in revenue in 2018, leading more FIs and FinTechs to seek to update their infrastructures and better serve the needs of this sizable and growing sector. Fewer than one-quarter (22 percent) stated they will participate in real-time payments within the next year.

Cross-Border Payments 42

Cross-Border Payments Cross-Border B2B Real Time Payments 42

CB Insights

AUGUST 23, 2018

The payments function includes P2P payments through Chase QuickPay with Zelle and bill pay (for rent, mortgage, utilities, credit cards, auto, and other bills) with Chase Online Bill Pay. These features were the result of JPM’s investments in Zelle and Bill.com. In June 2018, JPM introduced three new beta-focused ETFs.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

PYMNTS

MARCH 18, 2019

Now, a decade after its launch, Venmo is sharing the P2P stage with other players, Early Warning Services’ Zelle being the most notable among them. Although only 60 banks and credit unions (CUs) have made Zelle available to their customers, approximately 230 have signed up for the service. There are two sides,” Hsu said.

P2P 59

P2P Zelle Security Venmo 59

PYMNTS

FEBRUARY 8, 2019

Overall, DNA performance was strong in 2018, noted Yabuki, with 30 implementations — 16 of those implementations done for institutions with assets greater than $1 billion. He also noted that “we continue to see strong demand around Zelle ,” where transactions there are up 75 percent year over year.

Digital Payments 58

Digital Payments Zelle Online and Mobile Banking Payments 58

PYMNTS

DECEMBER 24, 2018

Moreover, Adobe projects that voice-assisted retail will prove to be a big hit during the 2018 holiday shopping season — and that consumers already devoted to the technology will buy even more gear for themselves and others. #3: The 2018 holiday shopping season has been more than kind so far to PayPal. 3: Via Automatic Payments.

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

Fintech Labs Insights

AUGUST 26, 2016

The Wall Street Journal reported this week that clearXchange is rebranding to Zelle in October to step up its competition with Venmo. The launch enables Canadian cardholders to use UnionPay’s QuickPass EMV cards or app to pay at participating merchants.

Venmo 15

Venmo FinTech ATM Consumer Financial Protection Bureau (CFPB) 15