PYMNTS

OCTOBER 21, 2020

If we’re talking mobile payments, we’re talking peer-to-peer (P2P) instant transfers too. Securing P2P apps as well as other financial accounts will require banks to upgrade their security protocols and customers to take their security more seriously,” per the Playbook. P2P Is A Double-Edged Sword. There were 1.4

P2P 56

P2P Security MFA Financial Crimes 56

FICO

NOVEMBER 7, 2022

Senator Elizabeth Warren, (D-MA) pointedly asked him about the number of fraudulent transactions Chase was seeing on the P2P payment platform Zelle. Scams and P2P Payments Are Front and Center. The big question is who should be liable for losses when it comes to P2P scams, and we’re seeing two schools of thought.

Scams 52

Scams Authorization P2P Consumer Financial Protection Bureau (CFPB) 52

PYMNTS

APRIL 22, 2019

Since these transactions are irrevocable, pre-transaction authorization and Know Your Customer (KYC) checks are even more essential in the risk mitigation process. Indeed, it’s not B2B payments, but peer-to-peer (P2P) transactions that drive FIs’ investments in faster payment technologies today, said Schoch.

Faster Payments 63

Faster Payments Center for Payments Real Time Payments Payments 63

PYMNTS

NOVEMBER 19, 2019

It started with all the [peer-to-peer] P2P guys who unbundled how we pay each other,” Edwards said. On top of all that, there are also security concerns, because instant payments are also irrevocable. It’s sticky, he noted, but in the same way that a fly trap is.

Instant Payments 43

Instant Payments Online and Mobile Banking Remote Deposit Capture Push-to-Card 43

PYMNTS

FEBRUARY 11, 2019

Visa and Mastercard , via their debit rails, enable real-time push payments in support of a number of peer-to-peer (P2P) and business-to-peer (B2P) use cases. The flip side, as Webster added, is that when payments are done instantly and on demand, they are irrevocable. The Use Cases.

Faster Payments 78

Faster Payments Real Time Payments Same Day ACH Payments 78

PYMNTS

AUGUST 12, 2019

For the dwindling numbers of people who still receive a physical paycheck, new applications let workers take a picture of that check and get instant, irrevocable access to the funds for a modest fee. Consumers can use push to debit or P2P via their Zelle accounts to move money instantly between them.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78

FICO

SEPTEMBER 27, 2019

At Finovate, the big news was that FICO Falcon X delivers AI and machine learning technology in dramatically new ways, helping to prevent new forms of fraud and financial crime growing rapidly along two vectors: Real-time payments, including many offerings from fintechs in person-to-person (P2P) and business-to-business (B2B) categories.

Financial Crimes 40

Financial Crimes Crime Fraud Detection Money Laundering 40

PYMNTS

MARCH 7, 2016

Instantly, and irrevocably. P2P is the use case that everyone uses to rationalize the need, yet is the one where the business case is that consumers won’t pay. Here in the U.S., And with multiple solutions facing the industry to enable this new capability: Same Day ACH will begin its Phase One rollout this fall.

Online and Mobile Banking 46

Online and Mobile Banking Payments Financial Inclusion Same Day ACH 46