P2P

Zelle, the Banks’ Answer to Venmo, Proves Vulnerable to Fraud

Last June, Early Warning introduced Zelle. It is built directly into each banks mobile app, making the system easy to use for customers or thieves who gain access to their accounts.The scale of the problem is hard to pinpoint, because Zelle is fairly new and banks do not report much data about it.

Read More

Bank of America: You Don’t Have to Be Cool to Win in P2P Payments

In peer-to-peer payments, there may be room for more than one winner. PayPal Holdings’s Venmo was once synonymous with the act of sending money digitally to a friend, replete with emoji annotations and a news feed of all your friends transfers. Now the big banks are now showing that you don’t have to be young […]

Read More

Amazon Could Use Alexa for P2P Payments

More than 1 in 10 American households have an Alexa-enabled smartspeaker, and that number is rapidly growing. Amazon (NASDAQ: AMZN) is the leading player in the burgeoning smartspeaker market , and it intends to use that position to do more than sell music subscriptions and new shoes.

Read More

Chat and Pay: How Social Media is Beating the Banks

Great night last night, how much do I owe you for the dinner? 25? Here you go. It’s a conversation most of us have had in person, but these days it’s happening increasingly on social media.The chat co

Read More