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Senators Eye P2P Payments Fraud; Eye on Real Estate; Argyle Payments Launches
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With P2P Payments Booming, U.S. Senators Spotlight Consumer Losses to Fraud
Consumers’ loss of funds to fraud and other deceptive activity on peer-to-peer payment networks has drawn the attention of U.S. Senators, who are demanding answers on the matter from the big banks that own the Zelle P2P network. The senators’ actions come as P2P activity has boomed in response to …
Read More »P2P Payments Moves at the Point of Sale; AmEx To Offer a Crypto Rewards Card; Clover Sport in 300 Venues
How Small Businesses Are Including P2P Among the Payments Options They Accept
Signs continue to mount that peer-to-peer payments are being adopted by businesses, and in turn could be encroaching on card payments at the point-of-sale. A recent survey of 530 small businesses conducted by The Strawhecker Group and titled “P2P Payment: A Disruption To Plastic?” reveals that 82% of small businesses …
Read More »The CHUCK Network’s Focus: Create A Better P2P Experience, Not Compete With Zelle
Rather than compete directly with Zelle and other peer-to-peer payment networks, the recently launched CHUCK network plans to position itself as a P2P network that eases money transfers for users, officials say. One such feature in the works is the ability for users to create a directory of destinations to allow …
Read More »CHUCK, a New P2P Network, Launches; Fingerprint Licenses its Iris Tech; Mastercard Acquires Dynamic Yield
BofA Introduces a Zelle Widget to Help Veil Account Details for P2P Transfers
To make it more convenient for its customers to send money using Zelle, the major peer-to-peer payment network operated by Early Warning Services LLC, Bank of America Corp. has developed a Zelle widget that can be added on the home screen of a mobile device. The widget will take BofA …
Read More »Visa’s Nearly $1 Billion Cross-Border Move; Time to Tackle P2P Fraud; Discover’s Payment Volume Increased 22%
Mastercard Ventures Deeper into Crypto; Payveris Takes on P2P Heavyweights; Sezzle Capital Debuts
Payveris Looks To Take On P2P Heavyweights With A Real-time P2P Payment Option
The hotly competitive peer-to-peer payments market got even more crowded Tuesday with the entry of Payveris LLC, a digital money-movement platform provider. The new service, which Cromwell, Conn.-based Payveris expects will compete with the P2P stalwarts Zelle, Venmo, and Cash App, will enable real-time P2P payments over the debit card …
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