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P2P payments tools lack transparency, consumer group says

Payments Dive

Zelle, the popular peer-to-peer payment service, and rivals should be more upfront with consumers about the ability to ask for money back, Consumer Reports says.

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Jack Henry debuts P2P payments tool

Payments Dive

The company is bringing the peer-to-peer payments tool to community and regional bank clients, after big banks made P2P popular through Zelle.

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Zelle counters scam talk with growth rates

Payments Dive

The instant payments brand is highlighting a double-digit growth rate for its peer-to-peer payments tool and downplaying scams on its system.

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US Banks Double Down On Zelle, Instant Payments Network

PYMNTS

The Zelle instant payments network will start appearing as a mobile and digital payments option for consumers in a move that Reuters reported comes as financial firms in the United States make a bid to compete with Venmo and others firms. The payments tool, said Reuters, can be used to split bills among several individuals.

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Deep Dive: How Real-Time Payments Can Help Meet B2B, P2P Expectations

PYMNTS

Companies attempting to more transparently view their cash flows can no longer afford to spend time processing paper checks, and their use of digital payment tools has thus inched upward. The hunt for faster payment experiences among all users is generating a spike in interest in real-time payments.

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Venmo And Zelle’s P2P Battle Royale

PYMNTS

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. users by year’s end, behind Zelle’s 27.4 Zelle Bank Gains. P2P Numbers.

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NEW REPORT: With Zelle, FIs Looking To Be Everyone’s P2P Bae

PYMNTS

In the world of payments, the need for instant gratification is no exception. News from Around the World of Faster Payments: Over the past few weeks, several companies rolled out their own faster payment services, and the second phase of Same Day ACH officially went live. billion during the first half of 2017.

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