Morningstar sees a risk to money transfer services from Facebook’s Libra
While Facebook‘s cryptocurrency Libra faces regulatory challenges, its potential to upend some legacy payment providers merits consideration, ac
Tag: Zelle
Square’s Cash app downloads exceed Venmo’s in May
The peer-to-peer payments race is now more than a duel between bank-backed Zelle and Paypal-owned Venmo. According to a report ...
Bento for Business adds ‘Zelle-like’ service for B2B payments
Bento for Business, a Chicago-based B2B payments firm, today unveiled Bento Pay, which it claims is a first-of-its-kind digital payment ...
Digital-Only Rising Bank to Add Several Products, Services Within 18 Months
Just three months after launching its digital bank and Midwest BankCentre is working on significantly expanding the venture's range of services. ...
Venmo Revenue Growth Exceeds Analysts’ Predictions for Q1
PayPal's P2P service Venmo has exceeded analysts' first-quarter estimates in two key areas: annual revenue run rate and number of ...
Zelle Reports Record High Payment Value, Volume in Q1
Zelle, the P2P payments service run by Early Warning Services LLC, reported $39 billion in transaction value for the first ...
BofA Opening More Financial Centers to Support Digital Strategy
While many banks are shutting down branches, Bank of America is adopting a "high-tech, high-touch" strategy, which will result in ...
Gen X and Boomers, Not Millennials, Drive P2P Adoption
Generation X and baby boomers, not millennials, are driving adoption of P2P services like Zelle, according to a survey conducted ...
Bank Innovation’s Top 3 Posts in February
With big-money deals, product rollouts, and a busy earnings season to boot, it is perhaps no surprise that a merger ...
Jack Henry Slow to Deploy P2P Service Zelle to Credit Unions
Core processor Jack Henry & Associates might have signed a deal with Zelle's parent company Early Warning in 2016, but ...
