PYMNTS

OCTOBER 16, 2020

COVID-era fraudsters use scams that range from impersonating tax officials to selling fake PPE on P2P payment apps. Peer-to-peer (P2P) payment apps like CashApp , PayPal , Venmo and Zelle are especially popular targets for financial crime, with fraud attacks against these apps increasing by 733 percent since 2016.

Zelle 89

Zelle P2P Scams Financial Crimes 89

Fi911

APRIL 23, 2024

While this has brought about a plethora of options from PayPal to Venmo, it has also led to a fragmented ecosystem where interoperability has been a significant challenge. Visa Plus, or Visa+, is a money transfer service designed to act as a bridge between different P2P payment platforms. How Does Visa+ Work?

Venmo 52

Venmo CashApp P2P Interoperability 52

Payment Savvy

NOVEMBER 9, 2022

This is where peer-to-peer (P2P) payments come in. P2P payments are electronic payments made between two individuals without needing a financial institution. Many different platforms facilitate P2P payments; Paypal and CashApp are two popular examples. Benefits of Electronic Payments for Your Business.

Online and Mobile Banking 98

Online and Mobile Banking Wire Transfer Direct Deposit ACH 98

FICO

APRIL 8, 2022

For example, to assess a person to person (P2P) money transfer transaction for potential APP fraud, many pieces of customer data are relevant: Device (known or unknown computer, tablet or smartphone). P2P like Zelle, PayPal, Venmo, CashApp). Transaction type (e.g. to help inform future fraud decisions.

Scams 52

Scams TPS Non-Bank Zelle 52