PYMNTS

MAY 31, 2019

Those digital transactions, according to the study, fall into two major areas: card-based payments and mobile payments. Card payments still dominate, and debit cards are the dominant form factor by a very considerable margin. And if you are thinking Swedes can just go to a bank branch instead of an ATM — not so much.

Digital Payments 71

Digital Payments Payments Debit Card ATM 71

PYMNTS

MAY 4, 2017

Among the more popular players in the P2P space is Venmo, a mobile payment platform owned by PayPal. Earlier this year, Bank of America became the first major financial institution to introduce Early Warning’s Zelle into its mobile app as a way to compete with Venmo in the P2P space.

Faster Payments 41

Faster Payments Venmo Zelle P2P 41

Nanonets

SEPTEMBER 28, 2023

Here are some of the most common: ACH (Automated Clearing House) Transfers Wire Transfers Credit Card/ Debit Card Transactions as EFT Mobile Payments Electronic Checks (eChecks) Point-of-Sale (POS) Payments Direct Deposits Recurring Payments EFT accounts can be checking or savings.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wires 52

Nanonets

SEPTEMBER 28, 2023

Here are some of the most common: ACH (Automated Clearing House) Transfers Wire Transfers Credit Card/ Debit Card Transactions as EFT Mobile Payments Electronic Checks (eChecks) Point-of-Sale (POS) Payments Direct Deposits Recurring Payments EFT accounts can be checking or savings.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wires 52

CB Insights

AUGUST 23, 2018

JPM began betting on payments a decade ago — and it hasn’t slowed down since. JPM is all-in on creating a prominent mobile payment system in the US. The deposits function includes Chase QuickDeposit (digital check deposit) as well as Chase’s new service, cardless ATMs. To date, the app has had little traction.

Consumer 76

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

FICO

MAY 1, 2020

Nevertheless, as I recently showed my parents how to use Zelle — a method I do use, through my bank’s mobile app — I wondered, “How can my parents, and all consumers, protect themselves from fraudulent P2P activity on their checking accounts? Online, mobile or mail. Recurring payments. ATM withdrawals. Gas station.

P2P 69

P2P Venmo Online and Mobile Banking PayPal 69

FICO

DECEMBER 14, 2016

Prediction: There will be no clear winner in the mobile payments wars. A plethora of payment apps emerged in 2016, further upping the already densely populated payments landscape. Not so with payment apps. Consumers will likely not settle on a default payment app, even for person-to-person payments.

EMV 80

EMV FinTech Chip Cards Office of the Comptroller of the Currency 80

PYMNTS

JANUARY 1, 2021

This tracker brought NCR Corporation together with Avidia Bank and was notable for the stat that showed that one-third of bank customers said they would visit physical branches more often if they could compete with the ease of mobile banking, and banks are deploying or workshopping a number of technologies to make this convenience a reality.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

CB Insights

SEPTEMBER 10, 2019

Payments: Mobile is replacing cash. Millennials may prefer cash to investing when it comes to savings, but you won’t find many of them pulling up to an ATM to withdraw cash for spending. 63% of millennials complete transactions on their smartphones, and 41% have used a mobile device to complete an in-store transaction.

Finance 77

Finance Online and Mobile Banking Advisors Micro-Entry 77

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. ” New mobile payments methods are everywhere (and that’s not a good thing). Other news in the payments space. UnionPay’s mobile payments launched in Canada.

Venmo 15

Venmo FinTech ATM Consumer Financial Protection Bureau (CFPB) 15