PYMNTS

OCTOBER 16, 2020

COVID-era fraudsters use scams that range from impersonating tax officials to selling fake PPE on P2P payment apps. Fighting these threats requires an equally wide range of defenses, says Jamie Armistead, Zelle vice president. How P2P Payment App Zelle Leverages AI To Fight Scams And Frauds.

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Zelle P2P Scams Financial Crimes 89

Payments Source

JUNE 15, 2018

As competition from the bank-powered Zelle mounts, the popular social P2P app Venmo is phasing out support for online payments in favor of its mobile app.

Zelle 63

Zelle Venmo P2P Payments 63

PYMNTS

JULY 17, 2018

The Q2 earnings season has just kicked off, and it’s already helping shedding light on recent developments in the peer-to-peer (P2P) world — most notably, the shape of the ongoing competition between Zelle and Venmo. In 2017, the bank represents a third of all Zelle transactions. Will Zelle Pass Venmo?

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Zelle Venmo P2P Privacy 40

PYMNTS

MAY 13, 2019

The spotlight burned brighter for peer-to-peer (P2P) payment services in the first quarter of 2019, with those payment methods finding popularity among more consumers. However, P2P’s future growth will depend on solving problems related to data privacy and other issues — at least, according to some observers. P2P Partnerships.

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P2P Zelle Venmo Debit Card 79

PYMNTS

JANUARY 24, 2019

Zelle, traditional banks’ answer to Venmo and Paypal, continues to grow in usage, not only with customers but with banking institutions as well, according to reports. Zelle’s operator, Early Warning Services, reported a Q4 payment volume of $35 billion, which is up 12 percent from Q3 and 61 percent from a year before.

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Zelle Volume Process Venmo 69

PYMNTS

APRIL 24, 2019

Digital payment company Zelle sent $39 billion through its network on 147 million transactions during the first quarter of this year, the company said in a news release. This past quarter Zelle achieved several milestones toward our goal of nationwide ubiquity,” said Lou Anne Alexander, group president of payments solutions at Early Warning.

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Zelle Payment Networks Process Venmo 61

Agile Payments

JANUARY 29, 2019

We receive regular inquiries from start-ups as well as established businesses that believe they have a killer app that can be the next Venmo or Zelle.

P2P 128

P2P Zelle Venmo Payments 128

PYMNTS

NOVEMBER 27, 2020

Consumers have meanwhile transitioned even more toward payment solutions that allow them to send or receive money in real time, with P2P apps like Zelle and Venmo reporting jumps in user activity during the first half of 2020. Payment frictions and P2P’s impact. Driving faster payments forward.

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Real Time Payments P2P B2B Zelle 106

PYMNTS

AUGUST 14, 2019

Peer-to-peer (P2P) payments are blazing a hotter path in the digital economy as the second half of 2019 gets underway – and there is fresh evidence that the payment method is not only growing, but helping to influence related endeavors. Venmo Trends. Zelle Trends. Venmo, of course, is not the only major P2P player in the game.

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P2P Zelle Venmo RTP 49

Payments Source

NOVEMBER 24, 2020

residents have in Venmo, Square Cash and Zelle. JoomPay Europe S.A. is launching a person-to-person payment app throughout Europe that it says will give consumers an instant money transfer tool similar to what U.S.

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P2P Zelle Venmo Consumer 85

Payments Source

APRIL 10, 2018

Bill.com has implemented a strategy to make B2B payments more like Zelle or Venmo, removing the same pain points that those P2P apps do for consumer payments.

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Venmo B2B Zelle P2P 75

Payments Source

OCTOBER 15, 2018

As Venmo does battle with Zelle and Square for consumers' P2P payments, one thing is clear: Innovation is not cheap.

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Venmo Zelle P2P Innovation 68

PYMNTS

OCTOBER 19, 2020

Peer-to-peer (P2P) payment apps have gained ubiquity over the past decade, supplanting or replacing cash transactions, personal checks or wire transfers for payments between individuals or sometimes even small businesses. It is no wonder that payment apps like CashApp , Venmo and Zelle are used by more than 70 percent of Americans.

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Zelle Scams AI CashApp 68

PYMNTS

NOVEMBER 6, 2019

Peer-to-peer ( P2P ) payments are exploding. P2P payment network Zelle’s Q3 results show its year-over-year payment values rose by 58 percent, while transaction volume increased by 73 percent. During the quarter, $49 billion was sent through the Zelle Network in 196 million transactions. million payments worth $20.8

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P2P Zelle Venmo Debit Card 42

PYMNTS

AUGUST 16, 2018

Zelle , the digital payment app that enables consumers to send money to friends and family, is gearing up to expand its offering to enable customers to pay small businesses. Zelle is backed by Bank of America, JPMorgan Chase and other banks. Bloomberg, citing Crone Consulting, reported that P2P payments to businesses in the U.S.

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Zelle Small Business Business Payments P2P 50

PYMNTS

JUNE 25, 2019

Peer-to-peer (P2P) payments continue to gain popularity among consumers, with two of the biggest providers, Zelle and Venmo, reporting ongoing and significant gains. P2P and Millennials. About a fifth, by comparison, had used Venmo for gambling. P2P Growth.

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P2P Venmo Zelle Law Enforcement 46

PYMNTS

OCTOBER 5, 2017

The fight for dominance in the person-to-person (P2P) payments market has escalated over the past few weeks, with banks and credit unions rolling out a new service to help them compete with newer FinTech companies. According to recent reports, Venmo users alone transferred approximately $14.8 billion during the first half of 2017.

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Zelle P2P Credit Union Venmo 40

PYMNTS

NOVEMBER 4, 2019

P2P payment services are stretching their wings, headed into the new decade with mostly robust growth – and even some new plans to gain customers and keep a tight hold on existing consumers. For starters, Zelle ’s Q3 results show that its year-over-year payment values increased by 58 percent, while transaction volumes rose by 73 percent.

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P2P Zelle Venmo Consumer 40

PYMNTS

AUGUST 19, 2019

There is lots of motion in the markets, with Apple officially moving into the world of being a card issuer (with mixed reviews), Venmo making moves on the bank account and Google Pay breaking up with Visa Checkout as a payments button. Venmo Steps up Its Game Against Zelle. Apple’s Expensive Card. the company said.

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Venmo Zelle P2P Underwriting 51

PYMNTS

JUNE 15, 2018

With Zelle projected to overtake Venmo , eMarketer expects the payment service to grow more than 73 percent this year. The firm is projecting that Zelle will reach 27.4 more than Venmo’s 22.9 Overall, eMarketer says that users of peer-to-peer (P2P) mobile payment products will rise 30 percent in 2018 to encompass 82.5

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Zelle P2P Venmo Volume 43

PYMNTS

SEPTEMBER 12, 2019

After all, according to Jeff McCrory, director of electronic payments for Fiserv , the concept of P2P payments was strange to pretty much everyone in the mainstream a mere five years ago. That’s mainly due to the growth experienced by Venmo and its financial institution-centric counterpart Zelle. Bright Time. More Than Speed.

P2P 61

P2P Zelle Payments Real Time Payments 61

PYMNTS

OCTOBER 4, 2017

Seeking P2P Payments Domination, Zelle Seeks to Deliver Instant Gratification. Newer FinTech-backed P2P payments services like Venmo and Square Cash have caught on with millennial consumers in particular. The Zelle network has had a busy year so far, processing nearly 100 million transactions valued at roughly $33.6

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Zelle P2P Same Day ACH NACHA 40

Payments Source

OCTOBER 23, 2018

The Zelle network processed 116 million transactions during the July-September 2018 timeframe with a total value of $32 billion in payments.

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Zelle Volume P2P Transactions 68

The Paypers

JUNE 15, 2018

(The Paypers) eMarketer has revealed that Zelle will overtake Venmo in peer-to-peer (P2P) mobile payments in the US in 2018.

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Zelle P2P Mobile Payments Venmo 39

PYMNTS

AUGUST 25, 2016

Can the biggest banks in the United States catch up to the millennial-beloved Venmo with their own P2P payments app? They’re sure hoping so and are putting their product, reportedly called Zelle, out for public consumption in October. Why choose Zelle for a name — other than the obvious Zelle-on-Earth puns?

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Venmo Zelle P2P Fraud Prevention 42

PYMNTS

NOVEMBER 2, 2017

Zelle , the peer-to-peer (P2P) payments platform deployed by more than a dozen financial institutions to take on competing offerings like Venmo and Square Cash, is stepping into the world of corporate payments through a new offering by U.S. The solution supports real-time messaging and real-time or next-day P2P payments.

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Zelle P2P Venmo Payee 40

PYMNTS

OCTOBER 8, 2020

We’re living in nirvana right now with push-to-card and corporate disbursements and P2P [peer-to-peer] payments going instant because it hasn’t become high profile enough for the real bad actors to start showing up.”. . There is nothing Venmo can do to stop a consumer from willingly sending their money to a crook,” Edwards said. .

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Instant Payments Stop Payment P2P Payments 122

Payments Dive

SEPTEMBER 28, 2017

It was a small sample size, but participants at a consumer panel at last week's Bank Customer Experience Summit in Chicago revealed their preferences for mobile P2P services.

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Zelle Venmo P2P Participant 76

PYMNTS

JUNE 18, 2019

The rise of Zelle , and any number of peer-to-peer (P2P) payment options, has increasingly brought consumers on board with the need for speed in payments — where settlement is marked by seconds and minutes, not hours or days. Is it prime time for real time, especially for B2B?

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RTP P2P B2B RFP 78

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. And Venmo’s base is almost inordinately fond of it.

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Zelle Venmo Online and Mobile Banking P2P 40

PYMNTS

FEBRUARY 20, 2019

He also said that PayPal’s mobile payment service Venmo — still focused on its partnership model — and digital payment peers are unlikely to be negatively affected by weak holiday sales and a global macro-economic slowdown. P2P, or peer-to-peer payments, is exploding in the market.

PayPal 87

PayPal Digital Payments Venmo Zelle 87

PYMNTS

APRIL 9, 2019

The new Disbursements Tracker highlights recent efforts by businesses, banks and government agencies to improve payment practices by delivering on consumers’ speedy expectations, and how th e rise of peer-to-peer (P2P) services like Venmo and Zelle are raising the disbursements bar. Around the World of Disbursements.

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Venmo Zelle P2P Push-to-Card 75

Fintech Review

MAY 21, 2024

Peer-to-Peer Payment Systems: Simplifying Transactions Peer-to-peer (P2P) payment systems simplify the process of transferring money between individuals. Apps like PayPal, Venmo, and Zelle allow users to send money instantly using just an email or phone number. P2P platforms are not just convenient; they are also cost-effective.

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Digital Payments Transactions FinTech Cryptocurrency 97

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. 16) that Zelle payments were up 97 percent in Q4 2018, signaling the latest burst of growth for that payment method. Venmo already offers a comparable service and is popular with their user base.

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Zelle P2P Online and Mobile Banking Venmo 63

PYMNTS

JANUARY 10, 2019

Thanks to a nationwide crackdown on peer-to-peer (P2P) lending in China, a move that came after a series of multibillion dollar scams in that space and resulting protests, the P2P industry there could see the number of players decline by as much as 70 percent in 2019. trillion yuan (nearly $180.4

P2P 53

P2P eWallet Point-of-Sale (POS) Payments 53

PYMNTS

SEPTEMBER 18, 2017

Venmo launched a debit card powered by Shift Financial, Equifax tried to shift some blame for its horrific breach and Nordstrom decided to transition to a store design without inventory. Venmo’s New Debit Groove. First up was the announcement that Venmo is testing a free debit card linked to users’ accounts. Happy Monday!

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Venmo Debit Card Online and Mobile Banking Breach 46

PYMNTS

JANUARY 10, 2019

Thanks to a nationwide crackdown on P2P lending in that country — a move that came after a series of multi-billion dollar scams in that space, and resulting protests — the peer-to-peer (P2P) industry there could see the number of players decline by as much as 70 percent in 2019. trillion yuan by the end of 2017, according to Bloomberg.

P2P 46

P2P eWallet Point-of-Sale (POS) Payments 46