PYMNTS

JULY 17, 2019

Zelle P2P payments increased 79 percent year-over-year (YoY) in the second quarter of 2019, Bank of America said Wednesday (July 17), signaling the latest burst of growth for that payment method. During that quarter, consumers made 69 million payments worth $18 billion via Zelle. In all, Bank of America now has 37.3

Zelle 47

Zelle Online and Mobile Banking Debit Card Payments 47

PYMNTS

OCTOBER 16, 2019

Zelle P2P payments increased 76 percent year-over-year (YoY) in the third quarter of 2019, Bank of America said on Wednesday (Oct. billion using Zelle. In its Q3 financial release , Bank of America also gave updates on its mobile and digital efforts. million active mobile banking users.

Zelle 46

Zelle Online and Mobile Banking P2P Debit Card 46

Payments Source

MARCH 22, 2019

The market for P2P payments is finally taking off after years of false starts, but there are still many unanswered questions. The biggest one: How do banks get value out of offering this service free of charge?

P2P 85

P2P Payments Zelle Venmo 85

PYMNTS

APRIL 13, 2020

(and international) consumer and the businesses that serve them will be center stage as earnings season gets underway, starting, as always, with a slew of big banks. The last time we had earnings season, stretching from mid-January into the end of February, banks pointed to the continued strength of the U.S. billion using Zelle.

Online and Mobile Banking 124

Online and Mobile Banking Credit Cards Zelle P2P 124

PYMNTS

JANUARY 18, 2019

Bank earnings this week gave us a bit of insight into the momentum gained by bank-backed P2P payment network Zelle in 2018. For example, Bank of America reported on Wednesday (Jan. 16) that Zelle payments were up 97 percent in Q4 2018, signaling the latest burst of growth for that payment method.

Zelle 63

Zelle P2P Online and Mobile Banking Venmo 63

PYMNTS

JANUARY 15, 2020

Zelle peer-to-peer (P2P) payments increased 76 percent year-over-year in the fourth quarter of 2019, Bank of America said on Wednesday (Jan. billion using Zelle. In its Q4 financial release , Bank of America also gave updates on its mobile and digital efforts. As it stands, Bank of America now has 38.3

Zelle 52

Zelle Online and Mobile Banking Debit Card P2P 52

PYMNTS

FEBRUARY 27, 2017

Walmart showed some early results to goose the gas on eCommerce, which is starting to help the company gain some ground back on Amazon; Zelle is now open for business and coming for Venmo; and Alibaba made its latest big brick-and-mortar play. Zelle Is Officially Out There. Walmart’s Winning Results. We’re the second-largest U.S.

Zelle 40

Zelle Venmo Online and Mobile Banking P2P 40

PYMNTS

NOVEMBER 25, 2019

Once the accounts are linked, Discover customers can pay for purchases at millions of online stores using PayPal, and instantly redeem any amount of accumulated rewards. . “We Discover also recently tied up with the Zelle network for person-to-person (P2P) money transfers. bank account without the need to share sensitive data.

PayPal 60

PayPal Zelle Online and Mobile Banking Enrollments 60

PYMNTS

OCTOBER 16, 2020

Customers now anticipate rewards, mobile integration, spend-management offerings — and that transactions that feel immediate and seamless regardless of marketplace or platform. Revolut Likely To Apply For US Bank Charter. Revolut , the European digital bank, is reportedly near applying for a U.S. banking license.

Instant Payments 95

Instant Payments Card Issuer Online and Mobile Banking Federal Reserve 95

Clearly Payments

APRIL 9, 2024

This includes digital platforms, software, and applications that offer financial services such as mobile banking, peer-to-peer (P2P) payments , online lending, and investment management. Key features of the fintech experience include mobile-first interfaces, 24/7 accessibility, and tech-driven personalized services.

Finance 90

Finance FinTech Online and Mobile Banking Payment APIs and Integration 90

FICO

DECEMBER 4, 2017

Not a mobile payment, Venmo or Zelle, PayPal or Cashbot was in sight. Seeing the flutter of sawbucks gave me a flashback to one of my first payments memories, from the early 1980s, when the Connecticut Bank and Trust Co. Mobile Payments Proliferate. Mobile Payments Are Tied to DDA and Savings Accounts.

Mobile Payments 64

Mobile Payments Zelle Online and Mobile Banking ATM 64

PYMNTS

JANUARY 30, 2019

Bank of America is giving free trades to its most loyal members, according to a report by Bloomberg. The bank will expand the eligibility for free trades on stocks and exchange-traded funds to the upwards of 5.25 million customers enrolled in the bank’s preferred rewards program. In all, Bank of America now has 36.3

Zelle 56

Zelle Online and Mobile Banking P2P Enrollments 56

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. Target reported that its one-day sale on July 17 was its biggest online shopping day of the year, in terms of both traffic and sales. Prime Day has turned into a huge opportunity for all online retailers.”

Zelle 40

Zelle Venmo P2P Online and Mobile Banking 40

PYMNTS

DECEMBER 6, 2016

The speed at which digital banking is being transformed by new technologies is rapidly increasing. Whether that’s on their mobile device on the go or in their kitchen while they make dinner. KW: Innovation in the banking sector is blossoming. Where do you see this going, and how do you see it being adopted by banks?

Innovation 76

Innovation Online and Mobile Banking Zelle Venmo 76

PYMNTS

JANUARY 28, 2020

Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. It’s not that banks don’t want to go more digital and mobile, he said. But such shifts must happen, lest those banks get left behind. Gen Z is growing up.

Online and Mobile Banking 67

Online and Mobile Banking FinTech Credit Union Non-Bank 67

PYMNTS

JANUARY 20, 2020

There are a few common themes among big bank earnings reports. consumer spending is carrying over to other areas where banks get their bread and butter. That positive consumer mindset has also helped foster positive sentiment among corporate and commercial customers of the bank, said Piepszak. billion using Zelle.

Consumer 53

Consumer Online and Mobile Banking Debit Card Credit Cards 53

PYMNTS

MAY 27, 2020

And according to five observers across the spectrum of traditional financial institutions (FIs), payment networks and digital-only banks, opportunities are there for digital-first and hybrid models alike to succeed — so long as they harbor a relentless focus on identifying and solving customer problems. The Great Stress Test.

FinTech 94

FinTech Online and Mobile Banking Innovation FDIC 94

PYMNTS

JULY 7, 2017

The new bank partnerships come as the company recently announced new features coming to Apple Pay during its worldwide developers conference in June. The biggest announcement out of the iOS 11 redesign part of the presentation was the announcement that Apple’s long speculated-upon addition of P2P payments to Apple Pay is finally happening.

Credit Union 41

Credit Union P2P Online and Mobile Banking Zelle 41

Nanonets

SEPTEMBER 28, 2023

​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. It is a system of transferring money from one bank account to another without the use of paper checks, or cash. Plus, EFT payments are typically backed by your bank, so you can be sure that your money is safe.

Electronic Funds Transfer (EFT) 52

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

Nanonets

SEPTEMBER 28, 2023

​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. It is a system of transferring money from one bank account to another without the use of paper checks, or cash. Plus, EFT payments are typically backed by your bank, so you can be sure that your money is safe.

Electronic Funds Transfer (EFT) 52

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

PYMNTS

JANUARY 4, 2018

Another year, another chance for mobile wallet players to convince consumers to give up their plastic cards and utilize the phone as a payments form factor. The most-used mobile wallet in the U.S. The most-used mobile wallet in the U.S. Mobile adoption in the U.S. It hasn’t been easy. percent to be exact).

Push-to-Card 43

Push-to-Card Online and Mobile Banking Mobile Payments Wire Transfer 43

PYMNTS

APRIL 19, 2019

As noted in this space this past week, SCA has goals that are laudable by any measure, as the SCA requirement seeks to reduce fraud and make online card-not-present (CNP) transactions more secure. That’s important in a world where commerce is increasingly moving online. Zelle volume doubled year on year, to 58 million transactions.

Zelle 50

Zelle Third Party Vendors Tax Refunds Online and Mobile Banking 50

PYMNTS

NOVEMBER 1, 2019

Merchants and disbursements providers need to innovate quickly to stand up against their competitors, many of which are smaller FinTechs or startups that can capitalize on the host of customers that near-exclusively transact and receive money through digital and mobile devices. Instant payments are gaining in international markets.

Instant Payments 44

Instant Payments Online and Mobile Banking Payments Zelle 44

PYMNTS

JUNE 22, 2018

Matching buyers and sellers is nothing new, of course, and mobile is proving to be a new conduit. Expansion aside, the business model is one that shows the traction, and attraction, of person-to-person (P2P) networks. Holding bank stocks pays dividends : Shareholders in 22 of the U.S.’s Zelle : Is making leaps like a gazelle.

P2P 40

P2P Zelle Phishing Venmo 40

PYMNTS

DECEMBER 11, 2018

And they are incredibly mobile-connected – particularly when it comes to making choices about purchases, according to PYMNTS research. So-called online-only retailers — including Amazon — operate some 630 physical retail locations in the U.S., That presents ample opportunity for mobile retail. Digital Banking.

Online and Mobile Banking 68

Online and Mobile Banking Blockchain Venmo P2P 68

PYMNTS

APRIL 15, 2020

Banks are adapting to the risk management realities and complexities, while also evolving in real time toward a demanding future. For some consumers, the closure of bank branches may not feel like a terribly big deal, because they’d already converted so much of their activity to mobile. Powering A Fast Pivot.

Online and Mobile Banking 80

Online and Mobile Banking Scams Bots Risk Management 80

PYMNTS

JUNE 28, 2018

As digital banking and payments become mainstream, financial institutions (FIs) are stepping up their efforts to improve customer engagement (CE). That statistic comes as half of all online spending will come from mobile over the next two to three years, according to Jon Rosner, vice president of product strategy, card services at Fiserv.

Zelle 43

Zelle Online and Mobile Banking Real Time Payments Non-Bank 43

PYMNTS

SEPTEMBER 3, 2020

He noted that ordering grocery items online and having them delivered is a practice quickly gaining traction. Payments can have a social component, he said, where divvying up a dinner bill can be done through Venmo or Zelle or other peer-to-peer (P2P) options. Security Is Top Of Mind .

Digital Payments 104

Digital Payments Multifactor Authentication Point-of-Sale (POS) C2B 104

CB Insights

AUGUST 23, 2018

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Live briefing: Consumer Banks in The Digital Age.

Consumer 76

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

PYMNTS

NOVEMBER 22, 2017

In the November edition of the PYMNTS.com Omni Developer Report , a Vantiv collaboration, PYMNTS explores the latest developments in the software space, including new mobile platforms and tools designed to use the latest technology to give consumers a helping hand. The mobile money tides seem to be changing. and France later this year.

Online and Mobile Banking 47

Online and Mobile Banking P2P Zelle Enrollments 47

PYMNTS

FEBRUARY 13, 2020

Mobile Disbursements And Security. Online options are becoming more intriguing, as check problems persist and students receive university news on their phones. Mobile person-to-person (P2P) payments are one of the more popular ways to send and receive money, especially among younger generations.

Direct Deposit 52

Direct Deposit ACH Checks P2P 52

PYMNTS

DECEMBER 20, 2018

Instead of waiting for their table at a restaurant or for their name to be called by a doctor, consumers can check in to dinner reservations and medical appointments remotely via a mobile device. billion consumer accounts, including credit or debit cards, online wallets and cash-out distribution points. About The Tracker.

Instant Payments 57

Instant Payments Consumer Real Time Payments Interoperability 57

PYMNTS

DECEMBER 7, 2016

InAuth provides mobile device authentication and intelligence solutions for financial institutions, banks, payment networks and merchants — and its reason for being is to figure out fraud at the device level, before the transaction ever gets off the ground. The inclusion of Zelle on the client roster speaks to that, noted Williams.

Acquirers 90

Acquirers Online and Mobile Banking Zelle Push-to-Card 90

PYMNTS

JANUARY 23, 2020

They may be less common in retail, especially as more purchases move online, but they are holding on as the disbursement methods of choice for businesses. Mobile apps like Bravo and Gratuu have emerged to make splitting tips less reliant on cash, but such offerings have yet to reach critical mass in the industry.

Instant Payments 56

Instant Payments Real Time Payments Online and Mobile Banking Payments 56

PYMNTS

MAY 7, 2018

And that satisfaction stems from the fact that credit unions have a reputation for being less expensive, less complicated to deal with and delivering a “higher touch” level of service than larger bank counterparts. But big banks have a big advantage, newly named CO-OP president Jim Hanisch told Karen Webster in a recent conversation.

Credit Union 40

Credit Union Online and Mobile Banking ATM P2P 40

FICO

MARCH 27, 2017

Four years ago, we at FICO started saying it’s time for banks to upgrade fraud protection in their retail banking departments. Are banks truly ready for same-day ACH? A significant 14% were person-to-person (P2P), a pretty astonishing amount for a brand-new payment type. Today could be that day. How to fight back.

Same Day ACH 40

Same Day ACH ACH AI Online and Mobile Banking 40

PYMNTS

DECEMBER 8, 2017

Bank, for one, debuted a disbursement service designed to decrease dependence on legacy payment methods. The company’s newly unveiled solution, known as Disbursements via Zelle, enables corporate customers to use the peer-to-peer (P2P) Zelle network to send payments to individual recipients.

Zelle 40

Zelle Visa Online and Mobile Banking Non-Bank 40