Peer-to-peer payments are taking center stage as banks, processors, and tech companies roll out new ways to displace cash. But will providers cash in? The headlines mostly tell of the problem-plagued EMV chip card rollout in the U.S. or wishfully hope that mobile payments will finally catch on with consumers …

Ingo Money Inc. this week introduced a feature on its 3-year-old mobile app that allows users to split check deposits across multiple accounts, including bank accounts, prepaid cards, bill payments, and PayPal. Using Ingo’s decision engine and bank integrations, the feature also offers immediate, guaranteed funds availability. The feature works …

Dallas-based MoneyGram International Inc. posted a mixed set of financial results for all of 2015 and for the fourth quarter as it looks to continued growth in its online business. The money-transfer specialist also said Thursday it has settled for $13 million a legal inquiry into its fraud-prevention measures. For …

Fiserv Inc., a Brookfield, Wis.-based bank core processor, says its Popmoney peer-to-peer money-transfer service will get a tweak later this year to enable recipients to go directly to an ATM to retrieve funds. Currently, funds sent via Popmoney must be deposited into an eligible account. The new service, dubbed Popmoney …

It’s common for consumers who use a recurring service to designate a credit or debit card that the service provider can charge each month. With the automated clearing house, this is much less common. Dwolla Inc. says that’s because it’s too difficult and time-consuming for most businesses to set up …

Corporations and wealthy consumers have a new option when they need to move funds internationally. HiFX, a unit of Euronet Worldwide Inc., has begun offering its services to U.S. and Canadian clients. Acquired by Leawood, Kan.-based Euronet in 2014, U.K.-based HiFX enables users to transfer funds internationally in 28 currencies, …

Prepaid card issuer and services provider Green Dot Corp. on Thursday said it is over the hump of business lost when it closed its popular MoneyPak reload product early this year. MoneyPak was a long-established product that Pasadena, Calif.-based Green Dot sold in stores to enable the reloading of prepaid …

  A recent Pennsylvania Department of Banking and Securities’ advisory about potentially requiring independent sales organizations and processors to obtain money-transmitter licenses could pose problems for the payments industry. “It’s the wrong execution of the right idea,” Scott Talbott, senior vice president for government affairs at the Electronic Transactions Association, …

  With a mission to offer as many free, or cheap, money-exchange services as possible, Uphold, a virtual funds and commodity platform, on Wednesday launched the first of a four-phase effort to expand its reach among consumers, merchants, charitable organizations and software developers. Uphold, the new name of Bitreserve, an …

While many payments firms have complained about the expensive and time-consuming process of getting state money-transmitter licenses, and, more recently, of potentially needing licenses to operate virtual currencies, the regulatory pendulum occasionally swings the other way. Late last month, Illinois quietly dropped a 2013 cease-and-desist order against merchant processor Square …