Remove CashApp Remove Venmo Remove Volume
article thumbnail

Square Cash Tests Small-Dollar, Short-Term Loans

PYMNTS

We are always testing new features in Cash App, and recently began testing the ability to borrow money with about 1,000 customers,” a CashApp spokesperson said in a statement. “We Cash App, which competes head-to-head with PayPal’s Venmo, was the key factor that drove Square’s profitability in Q2. Cash App, Square Inc.’s

CashApp 70
article thumbnail

Orchestration to Fight the Crescendo of Scams and Fraud

FICO

P2P like Zelle, PayPal, Venmo, CashApp). 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). Transaction type (e.g. Account type (debit, credit, savings). Specific account. Time of day.

Scams 52